How to understand money like rich people
?First: What is money
Money means everything a person owns and can be valued and used to meet needs.
In other words, it is things of value that are acquired and traded between people, such as:
- Money (paper or metal).
- Property, such as real estate or land.
- Resources, such as gold, livestock, etc.
Also, in modern economic thought, money is a tool for exchange, measuring, and storing value.
It means:
A means of exchange between people instead of barter.
A measure of value (by which we determine the price of things).
A storehouse of wealth (we keep it for when needed).
?Second: How do the rich get money
Now you have read the definition of money, and you know that money is all that a person owns. But the rich knew this definition before you, and they exploited money for their benefit.
Therefore, you find the rich, businessmen, and investors doing anything to get money while preserving the value of their wealth. You also find that the rich pay taxes much less than employees, because they understood the law just as they understood money.
Their understanding of money led them to make money work for themselves. They do not work for money; rather, money works for them.
As a result, their wealth is constantly increasing, and you will rarely find that their money is less than before.
?Third: How can I obtain what I require, just like the rich
To reach everything you need—whether it's money, skills, or even fame—this depends on how you deal with yourself. The rich, as I said, make money rise for them like a servant. You must do that too, but not at first.
First, you must determine what you truly need. This will help you define your goal—whether it's financial, skill-based, or something else. Once you have a main goal, break it down into smaller, branching goals. The main goal must be realistic, and the sub-goals should be achievable and protective, meaning they guide and support your progress.
Any goal can be achieved, no matter what it is. But the path to reaching it differs from one person to another. How so?
For example, if you want to have a million dollars, divide this goal into smaller steps. Make the first branch of your main goal of earning $100 a month. After achieving that, aim for $500 in a month. Once you reach that, set your next goal at $1,000 per month—and then keep doubling the amount.
You might say this will take a long time. But remember: success doesn’t come easily. Every beautiful thing has a battle and a war behind it. That’s the price of achievement.
This is just an example. You don’t have to follow it exactly. As I said, you are the one who will determine your path.
Also, just as you will determine your own way to reach your goal—because this is not easy at all, and every success has a bitter truth behind it—you must also learn from the mistakes of others, as well as your own. Mistakes are the best teacher a person can have.
In addition, set an innovative goal that helps you achieve your main goal. Ambition and goals are what develop a person and help him grow. Therefore, to become successful and to earn money in an easier way, you must always read about the rich, businessmen, and investors. Understand their mentalities before you make any attempt to reach your goal—whether it's money or success.
The summary of this talk is simple: learn from the mentality of the rich. My advice is to read self-development books, or books like Rich Dad Poor Dad, because the rich have the ability to control people with their intelligence, just as they control money. They obtained all of this through life, experiences, and expertise.
.So, be like them.
