Poverty and wealth start in your head. Rich people think about turning money into more money before spending it. The middle class just buys things and maintains credit. Poor people expect scarcity because that's what their caregivers taught them.
Why do I say escape the poverty programming trap? Because poverty can't exist in your experience unless it first exists in your expectation or in the expectation of someone who was responsible for you while you were growing up in the world. So we have to be, we have to understand that poverty is a mindset just like wealth is a mindset. And we talked about that on other videos. Like the difference between rich people, poor people and middle class people is not how much money they have but it's how they think about money and what they think the primary purpose of money is. We talked about the fact that the middle class class people, they think the primary purpose of money is to buy things they can't afford and pay their bills on time so they can maintain good credit so they can buy more things they can't really afford. But rich people believe that the primary purpose of money is to turn it into more money before you spend any of the money that you just made.
AI Won't Tell You the Full Truth | Arthur Brooks + Simon Sinek | A Bit of Optimism Podcast
How To Make the Best Decision | Arthur Brooks and Simon Sinek | A Bit of Optimism
