The difference between a rich person and a poor person
If a person's financial foundation is weak, his or her self-confidence is also weak.
The main reason people do not want to look at their personal financial statements is that they might find out they have financial cancer.
The good news is that once they cure the financial disease, the rest of their lives also improves - and sometimes even their physical health too.
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The difference between a rich person and a poor person is much more than how much money they make.
The difference is found in their financial literacy and the standards of importance they put on that literacy.
Simply put, poor people have very low financial literacy standards, regardless of how much money they make.
People with low financial literacy standards are often unable to take their ideas and create assets out of them.
Instead of creating assets, many people create liabilities with their ideas just because of low financial literacy standards.
The main reason people do not want to look at their personal financial statements is that they might find out they have financial cancer.
The good news is that once they cure the financial disease, the rest of their lives also improves - and sometimes even their physical health too.
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The difference between a rich person and a poor person is much more than how much money they make.
The difference is found in their financial literacy and the standards of importance they put on that literacy.
Simply put, poor people have very low financial literacy standards, regardless of how much money they make.
People with low financial literacy standards are often unable to take their ideas and create assets out of them.
Instead of creating assets, many people create liabilities with their ideas just because of low financial literacy standards.
