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Epic Real Estate Investing

Why Do the Poor Stay Poor and the Rich Get Richer (Facts!) | 570

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 18 January 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

Today, we are talking about the power of mindset behind getting rich. Why do the poor stay poor and the rich get richer? Stay with us and find out the both perspectives - beliefs of those being poor and those being rich. Learn three general actions to get rich and discover three more specific actions to get richer.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Terry O'Media.

0:04.0

Hey, Matt here at Epic Grill Estate and have you ever wondered why do the poor stay poor and the rich get richer?

0:11.0

You've heard that before, right?

0:12.0

Because I mean if you go and look for the answers to this question rich get richer. You've heard that before, right?

0:12.8

Because I mean if you go and look for the answers to this question,

0:15.0

you're gonna find all types of answers online.

0:17.3

You're gonna find that the two groups think differently.

0:20.4

You're gonna find that the two groups have different habits. You're gonna find that the two groups have different have different morning routines, stuff like that.

0:26.0

And that may all be true.

0:28.0

But practically, why do the poor stay poor in the rich get richer? And what can someone do if they want to

0:35.6

climb the ranks to rich status? Well the answers to those questions and so much

0:39.9

more on today's episode of Financial Freedom Friday.

0:43.0

All right, so I'm going to show you what I think is the real reason the poor stay poor and the rich get richer so that if it's your desire to become rich

0:58.5

you'll know exactly what there is for you to do already so know, we live in a society where money is important.

1:05.3

And if you don't have any, it can be a challenge to live a fulfilling life.

1:09.7

And if you're, you know, if you're right there, if I just said that, if you're thinking right off the bat that money can't, but I've been both. I've been poor and I've been rich. And actually, I've been both a couple of times I've gone from middle

1:24.3

class to rich all the way down to rags back to rich and then I teetered with those

1:28.1

rags again for a little while before I became my richest and and I'll tell you on

1:32.2

the days where you're not at your best

1:35.1

when you're not your happiest it's not nearly as bad when you've got some

1:39.2

money then when you don't already and and if by chance the thought also is coming to you, money is the root of all evil.

1:46.5

If that's crossed your mind, well, that's not true.

...

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