@Fexodine1
edited
more from that month
Between the rich and the poor
The rich man's wealth is his strong city: the destruction of the poor is their poverty. So says the holy book. Why the rich are getting richer, the poor and getting poorer and the gap between them is getting wider on the daily basis. The poor are wondering why is it that the rich are getting successful in all their endeavor and the poor are falling in their little effort, is it not the same world we all lives in? Are the rich born with two heads? The starting point While the poor wait for government to create jobs and basic amenities to meet their needs, the rich create their own jobs and infrastructures to meet theirs. The correlation is that the rich are creating new jobs and breaking new frontier while the poor are competing for the few jobs made available by the government. The meeting point The rich and the poor have one thing in common, "the need of money" The rich needs money just as the poor do. While the former goes ahead to create streams of wealth for themselves, the later wait to be paid monthly salary. And when the salary eventually come, the little that remains after basic needs are met is quickly taken to the bank, the common place for the rich and the poor. The role of the bank The bank is the only place where the rich and the poor have common identity but varied interest. While the poor brings the little money they have to the bank for saving, the rich goes there to take the money by borrowing. The poor saves money because they don't have anything to do with it at that moment, the rich come to borrow the money of the poor from the bank because they have more ideas than the money they have. The difference maker While the poor are busy all days thinking about the money they have saved in the bank, the rich are busy expanding their interest in capital investment with the money they borrowed from the bank, *the Poor's money. The rich are getting richer using the savings of the poor. And the poor are getting poorer because they don't know what to do with their money.* The reality There are are lot of people who are millionaires only in the bank, but are renting the houses and shops built by the rich with the poor people money borrowed from the bank. There is no way anyone can be rich through saving, the only path to sustainable wealth is through investment and not saying. It will surprise you that the only money the rich allow in their bank aaccount is only a minimum balance to keep it alive. Every cash they have is seen on one investment or another. The verdict Life is a risk, and to be rich is also a risk. Take a risk in your life with your money, if you fail you will learn and if you succeed you will be a good example to others. There is no shame in failing, the only shame you must avoid is to have shame. You must know that all billionaires and millionaires you see today started somewhere, and has failed a number of times but they never quit. *Decide today to take that money from your bank and look for a profitable investment to put it in, so you can reap twice in due time* The rich are getting richer and the poor are getting poorer.
52 comments
Nice article, but please use [legal images](https://read.cash/@Read.Cash/legal-images-e66e9f1c). Don't use images with logos written over them - lawyers are often emailing us with requests about people information. It's pretty easy to get [legal images](https://read.cash/@Read.Cash/legal-images-e66e9f1c) and stay out of legal problems.
Thank you for the observation, i tried searching for a free suitable image for the article but couldn't find any that satisfied me on your browser. If it's possible to update article images i will do so immediately. Thanks
Just go to unsplash.com, type "poor", you'll find plenty. https://unsplash.com/s/photos/poor You can always edit your articles. Click "Edit article", then "Change lead image".
Thanks for the feedback, i will do it right away
The image has been updated now
Excellent! Well done!
I think rich people are very courageous to take the risk about investments or maybe they only invest what they can afford to lose so they still have a remaining amount to get them through the next day or month or year. While poor people are very afraid of losing the little they have thinking that they needed it to at least survive for another day. Just my thought.
No not so, the rich are rich today because they took risk yesterday even when they don't have anything or much money. The problem is that the we sometimes thinks that the rich are fortunate and forgetting that they started somewhere. Not until you school yourself in risk taking you can never break the poverty frontier
Yeah. Maybe you're right.
Not maybe, that's the fact
Reminds me of the book: Rich Dad, Poor Dad. It's nice and it's yet another display of the difference in mindset the rich and the poor have in regards to the money they have and towards how they work with what they have. Wanted add about their differences in the idea of self investment though since that also makes a huge difference
Am building a follow up on this article for proper guidance on owing a business and achieving success
I'd look forward to reading that ^^ these kind of brief pointers always catch my interest
Building it up
I also reminded the book by Robert Kiyosaki. The rich is rich in mind, seeks for opportunities and takes risks that's why s/he can become rich :)
So true. Nobody has become rich by doing a 9 to 5 job. It is the businesses or entrepreneurship that leads the way to wealth.
We are need to have the same mindset as the businesses or entrepreneurs
I agree. Entrepreneurship and innovation is what helps us grow in our careers and also helps the community
I had read somewhere that someone is poor because he doesn't understand how money works. If one starts to understand/having instincts where money is flowing, its like cakewalk for them about money. Also, rich one is not defined by having net worth, but how he has distribute his $1 and expected income from that $1. That's how money works told by great personality like Warren Buffet in an interview
I partly agree. The difference between a rich person and a poor person is an attitude, working hours, saying no, setting goals and not sitting, waiting, and praying for help. They used their envy to work, gather the same while many poor uses envy... My grandpa became rich by working hard, taking risks, by not giving up, he had a strong will and self-esteem. His parents were poor bastards, I am but he was not. Everything isn't as black and white as said. This besides the fact many keep saying money doesn't make happy, they keep fooling themselves it's better to be poor than rich and be ill and more of those phrases. As long as we keep fooling ourselves we do not change our attitude and do not really give 200%, do everything, to achieve our goal because that stupid voice inside of us says a penny will always remain a penny.
There is nothing poor and rich in the eye of God because when you die you can't bring your trasure to the next life.
The issue here is not the person of the poor nor of the rich but their attitudes and perception about money. The poor are getting poorer because they think saving money makes rich, but the goes to the bank to borrow the money saved by the poor to build houses and shopping centres for the poor to rent. What an irony to live as a tenant in the house or do business in the shop built with your money because you don't know how to use it. This is what the article is about
Nice story, but in the eye of our creator we are all equal
Nice article,rich or poor we are all humans,we are all the same
I can say that the banking system is built for the same reason, The rich get richer and the poor lose more money.
The poor lose not because he is poor because he lack ideas to make money work for him. The poor thinks to be rich is to have more money in the bank, hence any little they got is taking to the bank while the rich goes to the same bank to borrow the money and invest it in a profitable venture, making much money from the Poor's money
It all about the mindset and how to set goals in life. There is a Filipino saying that I am translating in english. It is not your fault if you was born poor but its your fault when you died poor.
Exactly, you got the intent of the discussion. The destruction of the poor is their poverty. Poverty in fact is a course everyone must strive to defeat. I fight poverty, i work
I Like when you said life is a risk. I think I heard something like "to be born poor is not your fault but to die poor is your fault" somewhere. and this reminds me that. This is so good.
That's it, life is a risk, and to remain idle and not taking action keeps one in perpetual poverty. The poor watch the rich expanding their businesses and wondering where the money is coming from. They are seeing the rich goes to the bank thinking they goes there to save no knowing their money is being borrowed by the rich to expand business
As the Bible says in Proverbs 22:7 The rich rule over the poor, and the borrower is servant to the lender.
This reminds me about the story of the bible, the one who buried the money on the soil because he's afraid to lose the money and didn't know how to grow it, was takin off his capital. He didn't gain any and the capital he had was given to other man who gains a lot by doing something to expand the business he had. This is why maybe God blessed those business minded people because they aren't afraid of taking risk and paid off their hardworks.. something we really have to ponder between saving and investing.
Thumb up, you are thinking right. Poverty is neither with the bank nor with the pocket but an attitude problem. The poor in mind will do things poorly and remain poor, but the smart mind goes out daring all opposition and come out victoriously
Exactly! We must have the courage to take risk, because banks will just give you a cents of interest when you saved it there. Saving is just for rainy days but will not make you rich.
Do they even give the interest, instead they deduct from your money for the sms you received anytime you make withdrawal, to transfer or deposit money
They give cents only annualy 😅😂 and sometimes they are deducting small amount for donations if there are calamities and took the credits on it 😂😂
I loved your article and I liked the paradigm: the rich men will always continue to be richer, as they have ideas to build more wealth when the poor just save money from nothing and when realize they see that inflation hit them up and those savings are worth nothing😷
Hahaha, if everyone will know that money is like seeds which must be planted to bear much fruit there wouldn't be poverty in our society as it is today. Truly the fear of poverty makes many people poorer
It's needed some intelligence to use money, stored money isn't nothing and only can bring more problems to your mind, people thinks that saving it on bank it's better when the best is to invest wisely and get returns💲
That's it, no one will be poor if they understand how money works
Its perfectly understanding why they continue poor🙌they aren't interested in being rich😀😁
There is no one who doesn't want more money, but not understanding how to make money work more money is the problem
People are lazy when comesto make money they just prefer to be paid and leave for paychecks month after month, me in other hand I love investment to make more money and I believe I will win this no matter what👌
I made a follow up article regarding investment with this. I don't know why nobody has seen it
Here is it https://read.cash/@Fexodine1/think-business-mind-achieve-financial-freedom-25d10c31
I will check it,😎
Your article needs more publicity so that the 'poor' will be able to learn some things that can liberate them from poverty. No government can liberate the poor from poverty- we really need to wake up. Thanks @Fexodine1.
Yes o, we really need to wake up and face the reality of life
Everybody want to get rich but most are afraid to take risk and also afraid to face difficulties in the business they want to create before it get a stand. In this era especially the youth want to get quick money just because the process of getting rich is some how too long.
Then many will remain servants to good things in life
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