[Music]
so last week i took out a small loan to
buy the latest phone model i had to have
it
just as i'm walking out of the store i
see a forbes list millionaire talking on
a model released five years ago and
that's when it hit me rich people don't
buy what poor people want and it's not
just phones
clothes and shoes
superstars look like real stars in their
stunning designer outfits poor minded
people want the same and they'll save a
few paychecks or go into debt to get the
celebrity look truly successful people
focus not on price or brands but comfort
simple t-shirts and jeans that's all
they're successful and confident they
don't need to prove that through their
outfits
high ticket property
penthouses mansions luxury villas so
many people are ready to take out a loan
and pay for it for the rest of their
life if it means they can own some
elaborate property not for the rich
they'd rather buy a nice enough place
where the price is right or they get an
old fixer-upper and invest money to
bring it back to life
gadgets
have you ever upgraded to the latest
model even when your older phone was
working just fine we all do it some of
us even take out loans or sell something
to come up with the cash for a brand new
super cool gadget
why
just to seem richer and trendier yet
many wealthy and successful people stick
with regular phones for several years
and feel great while doing it
loans
now since we're on the subject this is a
repeating thing when it comes to rich
versus poor rich people avoid debt
whether it's loans credit cards any kind
of borrowed money for instant
gratification poor people get into debt
to pay off old loans and is just an
endless cycle
all for the sake of having things they
can't afford but want to look like they
can
just as it makes sense
food
put two dishes on the table one belongs
to a rich person the other someone who's
low income
one plate is covered with steamed
veggies grains maybe some boiled chicken
overall doesn't that look appetizing the
other
a big juicy hamburger greasy french
fries slathered in salt mouth-watering
guess whose plate is whose the
modest-looking meal is common for the
rich they'd rather it be bland yet
healthy and cost-effective then
delicious but bad for your gullet and
your wallet because that makes sense
the image
you earn your first million and then
comes that irresistible urge to spend it
on a flashy car designer suit and
dinners in the most expensive
restaurants yet even some billionaires
drive an old but reliable car use public
transport and dress like the average joe
or jane
such people don't need to prove anything
to others they get pleasure and
confidence from what they do and this
earns them respect not the sparkly
material stuff
get rich quick schemes
i'm not just talking about investing in
some shady pyramid thing it could also
be seeing and paying a fortune teller or
psychic spending money on bets and
lottery tickets anything that promises
instant riches and success what's the
wealthy way to predict some events
collect all the information and analyze
it then make an educated bet it often
works in their favor
get rich trainings
do you think many rich people made it
big because they went to some trainings
with five easy step to riches for the
low price of 79.99 per sesh
and how many of those attendees didn't
become rich
a successful person spends time and
energy on their job works really hard
but does it in a smart way because
overworking yourself to the bone also
isn't the way to go either you gotta be
efficient anyway these how to become
rich and successful courses only really
help their creators get rich
okay that's what the rich don't spend
their resources on so what do they do
with their time and money well for
starters there's
self-development
not to be confused with those get rich
trainings yes a wealthy person will
never regret spending money on expensive
courses to master some new profession or
further develop an existing skill
they might also pay for fitness club
memberships this is an investment of
money in oneself and it'll pay off in
any case either this knowledge will help
you earn more money or improve your
physical and mental health
charity
rich people give millions to different
charitable foundations plenty of them
start their own and before you say well
duh they have the extra cash to do that
remember that donations aren't just
financial you can also give your time by
volunteering at local charities why
because doing good for others makes you
feel good it can keep negative feelings
away and keep you on top of your game
just try it you'll see
technological development
some very rich people feel that
technological progress on earth is
completely dependent on them
with this huge feeling of responsibility
they invest lots of money energy and
time in the development of modern
technology elon musk bill gates steve
jobs not sure where we'd be today if not
for people like them perhaps a little
behind
emotional wealth
material wealth will fade over time but
emotions remain in your memory forever
that's why rich people travel so much
and i'm not talking about these
instagram-worthy beach trips staying in
five-star hotels no many rich travelers
try to immerse themselves in the local
culture that can often mean cozy bed and
breakfast and small family-owned
restaurants for a modest prize
business
you know all those stories about people
suddenly coming upon riches and blowing
it all within a few months this happens
because they don't follow the main rule
for capital expansion
any money should work for you if it's
hidden under your mattress or being
wasted on flashy phones clothes and what
have you then it's not working for you
what's much better is making your money
grow on its own savings accounts smart
investments your own startups as long as
you've done all the necessary
calculations and research this untouched
money will only make you richer
doing versus dreaming
many people dream of money visualize it
draw pictures of the luxurious life in
their heads unfortunately that's exactly
where that dream stays in their head
the right way is not to strive to be
rich but to become a person who's worth
a lot of money
wealth is gained by very disciplined
stubborn people who are ready to work
for their goals it can be opening your
own restaurant making that movie you've
wanted to realize for years designing a
new airplane model that'll revolutionize
the industry whatever's captured your
heart
while these people are out there making
that goal happen money is attracted to
them automatically and people who only
think about money can spend their whole
lives sitting on the couch and waiting
for a miracle
dedication
it seems like rich people's lives are so
easy and fun just work toward your goals
and live modestly but that's far from
the truth
every minute is important in their
schedule
meetings conferences paperwork the gym
family time flights more meetings
reading and then you've got your basic
physical needs of eating and sleeping
somewhere in there not every person can
handle the pace and all that
responsibility
what's the point of being rich if you
don't even have time to spend your money
think about it
[Music]
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