3 Pitfalls Of Poverty

Hey there. YouTube. Myron golden here and I want to share with you the three pitfalls of poverty. Pitfall number one not understanding the correct relationship between time and money. Most people think that time is money. Rich people understand that time is infinitely more valuable than money. You think the time is money? You'll waste a whole bunch of time trying to save a little bit of money. Or you'll sell a whole bunch of time other for a little bit of somebody else's money. Second mistake is asking the wrong questions. Poor people ask how much does it cost? And obsess on price. Rich people ask how much is it worth? And obsess on value. And the last one is thinking that hard work makes you more deserving of success. Hard work may or may not make you more successful, but it doesn't make you more deserving. Hard work is guaranteed to make you make you more tired. Thing that will make you wealthy is understanding how to read the money and doing the right things with your money. And if you will avoid those pitfalls, you can keep from being poor. If you really want to understand at a higher level, check out my video on why evil people are rich. Thanks for watching.