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jump to last post 1-2 of 2 discussions (8 posts)

Psychology of the Wealthy/Affluent and......THE REST

  1. gmwilliams profile image85
    gmwilliamsposted 3 years ago

    http://s2.hubimg.com/u/9127499.jpg
    Wealthy/affluent people have a vastly different mindset, consciousness, and psychology than the middle and lower socioeconomic classes.  That probably explains why some people are/becoming rich while the rest are middling to barely subsisting.

    Here's the link:
    http://www.businessinsider.com/how-rich … 012-8?op=1
    http://www.artipot.com/.../846598/what- … e-rest.htm

    1. psycheskinner profile image84
      psycheskinnerposted 3 years agoin reply to this

      Maybe the fact the vast majority of the super-wealthy inherited wealth to begin with and so never faced financial adversity has something to do with why their personalities are different.

  2. realtalk247 profile image72
    realtalk247posted 3 years ago

    True. From the millionaire next door to the 4 hour workweek.  Investing and growing once's investments leads to wealth.  Purchasing the latest vehicles, shoes, purses, expensive overpriced jeans does not increase wealth and unfortunately so many people value symbols of expensive items instead of storing wealth.

    1. wilderness profile image96
      wildernessposted 3 years agoin reply to this

      Well, yes.  If you can't flaunt your wealth, proving your superiority to the workers and producers of the country, what good is it?

    2. gmwilliams profile image85
      gmwilliamsposted 3 years agoin reply to this

      How CORRECT you are in your assessment.   Wealth is to be used judiciously; it is not to be flaunted.  Use it judiciously to help yourself and to assist others.  Extravagant use of wealth is foolhardy as to continue to be extravagant in the use of wealthy will soon cause poverty and penury.   Wise and intelligent wealthy people DON'T flaunt their wealth; they use their wealth judiciously.  They often live BELOW their means.

      1. wilderness profile image96
        wildernessposted 3 years agoin reply to this

        Wise and intelligent people ALWAYS live below their means, wealthy or not.

      2. realtalk247 profile image72
        realtalk247posted 3 years agoin reply to this

        Well said gmwilliams

    3. Zelkiiro profile image94
      Zelkiiroposted 3 years agoin reply to this

      Inheriting secondhand items and clothes-shopping at Goodwill (like, once every 2 years) hasn't increased my wealth, either.

 
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