WEALTHY PEOPLE DEFINITION
If you have faith… you are the one who changes the status of your family in the future, join the club of founders who learn to think. Think and think like a financier first.
If you don’t start, maybe in the next 10 years, you will only have to … reincarnate to change your position instead of working as a hired worker or suffering from crises at the age of 35-40.
Because Wealthy People often talk about…
1. All rich people have debt but …
The capacity to create > the capacity to borrow.
2. The rich understand about the nature of money, money printing and the role of the state bank, where the issuer prints money & inflation affects their wealth.
They understand the nature of financial markets and the fierceness of money.
They do not let ‘money play’ but try to control and ‘play money’, seeing money as their tool.
They don’t think that money can buy everything, but most things can be solved with enough money & ingenuity to know how to handle it.
Money & finance tell the rich what the truth behind the scenes in the market means.
3. Rich people talk to each other about opportunities to increase cash flow and business opportunities compared to how much effort is worth it.
The last 4 words are the most important, because they are … rich, but … little time.
Because they know the standards and have a big vision, they know what is an opportunity and what is … a scam.
4. The rich talk about the capital costs of paying their debts and finding ways to reduce these costs.
5. Rich people discuss ways to build a credit reputation to access loan packages with better interest rates at home and abroad.
6. The rich know their competitive advantage and decision-making position.
They limit the … inability to make good decisions;
Don’t depend too much on anyone or anything;
Have a negotiating position and know/understand competitor psychology.
7. Rich people understand about trade-off (Bid/Exchange)
A knowledge and experience that must be converted into money and lots of money. Don’t expect to have the knowledge and delicious experience … without the cost.
But in return, they will have to achieve other values that make the total value received is … the maximum.
Maximum means a) minimum loss and b) maximum return in the particular decision context.
8. Rich people value quality relationships and work out.
Time is precious, especially when you are… rich.
9. The rich know the laws and rules of the game of other rich people.
Playing by the rules, if not, can cost quite a lot.
In fact, they have paid a lot of money, so they respect their understanding of the law.
10. Rich people are gentle and tend to avoid trouble
Their problem is avoiding and not engaging in time-wasting, emotional harm and keeping a clear mind to make decisions to protect their assets.
In fact, they got into a lot of trouble because of their arrogance or arrogance when they were young.
Understand society, human psychology, and the trade-off value of damaging others’ self-esteem.
So, usually, the rich are usually quiet.