Whenever i hear about rich, first thought in my mind they are greedy we are small people means poor we never become like them and also they cheated with other people, when about poor they are helpful toward other and work hard but then i think in my mind and ask to family members poor people working all day but why they have left with nothing at the end of the day also they never happy because they have many problems in their hand.
Rich do little work but they are happy why this inequality happen in world. Then i think if i become rich i will give money to poor people and give them financial support but that’s not working but why ?
Because if you give money to poor people they stop working if they stop doing their job then no working means inflation will rise because people not selling goods on road because they are rich and rich people not do small work. Inflation kill company’s profits if company was in loss then india not working properly then recession happen in india and jobs are cutsoff and fast forward whole world in financial recession.
This effect will kill people so giving money to poor people not so good idea then what is the solution for this ?
Five strong steps towards becoming rich ?
First of all solution to poor people is give then financial knowledge. Let me explain in india many poeple have school, college knowledge but that’s not sufficient to live in today’s world. They have many degrees and have job but after doing this nothing left. Indian people have less financial literacy because no one gona teach us about that.
First step is having knowledge about asset what is this and why many people buying assets rather than liability. Asset is a thing that give you monthly some amount of money. But how asset give money ? you need to invest into that then they work for you. Financial asset work for you once you invest.
Second step is rich people have growth mindset and have ability to work in adverse conditions but on the other hand poor people have only problems not working to find solutions for this they just blame others.
Rich knows money is just a tool not everything but poor think money can solve all problem and have less value of relatives and persons. Help others like relatives, surrounding peoples,etc because without that your money is not having more value.
Fourth step is never work for money but why ? anyone in this world is working for money and you told not to work for it. Let me explain in details poor people follow money for their whole life and never satisfied or achieved money, because they are in rat race. Rich work for scalability means with time their wealth compounds an less effort they need t put in their work.
Fifth is poor have less skills but why skill matters to become rich ? without skills you have adding zero value into peoples life. Rich have more skill and not always learn new one.