How do the rich think?
What's it like to not have to worry about money? What do rich people do the day before payday? Do they open their wallets and look at the emptiness of it like the rest of us do?
I am learning what rich people think like. So far I have learned:
- they don't accrue debt
- they pay cash for their cars by saving up for them
- they are frugal
- they shop carefully-looking for the best price
- they plan their spending before they spend their money, every dollar gets a designated category
- they understand the concept of saying "no" financially-DISCIPLINE
- they are not impulse buyers
I will observe carefully to see what else I can learn from a rich person. I am sure there is more I can learn to change a poverty mentality. I never really realized it before-rich people and poor people think about and interact with money in totally different ways.
I want to think like a rich person!
Contemplation focus: "Poverty is a state of mind." Dave Ramsey
