ARE COMPONENTS TO WHETHER ONE SUCCEED OR NOT!
According to author Keith Cameron Smith, TOP 10 DISTINCTIONS BETWEEN MILLIONAIRES AND THE MIDDLE CLASS, the socioeconomic classes have differing mindsets and attitudes regarding monies. Mr. Smith stated that poor people often think from day to day. They often think about survival only. He further asserted that middle class people think about security and comfort, they want enough monies to pay their basic bills in addition to some luxury payments.
Middle class people value security over all. They are extremely risk aversive. Their main concern is having a comfortable job which pays enough to cover the necessities and some luxuries. Mr. Smith further maintained that rich and very rich people view money as freedom. They view monies as freedom to live the very life that they want. To such people, having monies means being free to travel and live the way THEY WANT!
Also to many rich and very rich people, monies mean BEING IN CHARGE and HAVING OWNERSHIP over one's life Rich and very rich people THINK OF THE FUTURE. They also persevere when obstacles occur. Rich and very rich people view life is an exciting challenge. They view work as exciting as opposed to middle class and lower socioeconomic class people who view work either as a means to comfort or something to be endured until retirement.
Mr. Campbell further elucidated that rich and very rich people talk about ideas while middle and lower socioeconomic class people either talk about things and poor people talk about people. He asserted that rich and very rich people MAKE THINGS HAPPEN, middle class people WATCH THINGS HAPPEN, and poor people let THINGS HAPPEN TO THEM!
Mr. Campbell maintain that middle and lower class people have a scarcity mentality in terms of money while rich and very rich people have an abundance mentality. The latter believe that there is more than enough monies to go around while middle and lower class people believe that there is only a certain amount of money and that is it, no more!
Mr. Campbell maintain that rich and very rich people are more optimistic regarding success and learning than middle and lower class people who are either negative or extremely negative towards success. Rich and very rich people are not afraid of success and have a CAN attitude. Conversely, middle and lower income people have an ambivalent to negative attitude towards success and often have a CAN'T attitude.
Mr. Campbell assert that rich and very rich people welcome change and are willing to take risks. The rich and very rich view each change as an opportunity for growth. He portend that middle and lower class people are either happy and/or resigned to the status quo. In essence, the latter groups are afraid and/or cannot fathom change. Yes, there are different mindsets among the very rich, rich, middle, and lower classes. It is THESE MINDSETS that influences the success or failure of its members. Do YOU agree with this premise? Why? Why not?
Yes, of course. The rich are that way because they earned it and the poor are that way because they deserve it. End of story.
Read the "Rich Dad, Poor Dad" series. He talks aboutthe attitudes of different economic classes. People who become wealthy have a much different attitude about wealth than those who aren't successful. Those who are successful are not afraid of risk and use wealth to lead the lifestyle they want to lead.
Not everyone defines success as becoming wealthy.
"People who become wealthy have a much different attitude about wealth than those who aren't successful."--reads that way to me. It suggests two non-overlapping groups: the wealthy and the unsuccessful. Even if you mean 'unsuccessful at being wealthy' that assumes 100% of people are trying to be wealthy.
Income levels don't have mindsets, individual people do. And my income does not determine my "class". Having gone from a low to a middle income job has not made me "classier", i assure you.
by Grace Marguerite Williams 2 years ago
What is the ONE THING that lower & lower middle class people WON'T EVER understandabout upper middle & upper class people?
by Grace Marguerite Williams 10 days ago
Is the issue of socioeconomic class a relative construct in America? What is considered to be the lower socioeconomic class? What is considered to be the middle socioeconomic class? What is considered to be the upper socioeconomic class? Most of all what do YOU...
by IDONO 5 years ago
Doesn't it seem like us lower-middle class people are on a "fiscal cliff" everyday of our lives?It amazes me how it seems like the only people treating this whole thing as if it be a crisis like "Bay of Pigs" or "Armaggedon" are the people with the most money. For us...
by My Esoteric 3 years ago
The bottom line of President Reagan's Right-wing endorsed economic policy is that "if you put more money in the hands of the wealthy, it will, 1) Expand the economy, 2) Let the boat rise with the economy, and 3) Prosperity will "Trickle-down to expand the middle class.None of those things...
by home witch 3 years ago
Do you think a person's social class matters?If so why, and if not, why not?
by Scott S Bateman 4 weeks ago
In my experience, they are more than they are not. Science backs it up. Your thoughts?https://www.washingtonpost.com/news/spe … 503c1fe516
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|