7 Main Differences Between Rich and Poor People

How to Become Rich. Not every rich person is born into a wealthy family, so how do so many well-off people reach their financial goals? A major difference between rich people and those who have money problems can be found in the way they think, act, and see the world. Check out these 7 differences between the rich and poor and use them as your own financial tips to become rich. TIMESTAMPS Rich people don't try to show off their wealth. 0:55 Rich people invest money in certain expensive items. 2:28 Rich people make their money work for them while poor people work for their money. 6:46 Rich people know how to manage their money. 7:42 Rich people see opportunities while poor people see obstacles. 8:18 Rich people concentrate on what they want to achieve while poor people focus on what they want to avoid. 8:59 Rich people face problems while poor people try to ignore problems until it's too late. 9:45 Music: Andrew Huang - Club https://www.youtube.com/audiolibrary/... SUMMARY -Those who have a lot of money don’t always flaunt their wealth. It may sound surprising, but there's no real need to buy a pair of $1,000 jeans if you can find a high-quality product that’s 10 times cheaper. -Things rich people don’t save on are: coffee machine, induction stove, LED light bulbs, energy-saving glass, thermostatic shower faucet. -Rich people don't keep their income in savings accounts; they have funds in their budget that they can invest, and they do this regularly. -Rich people don't overspend. If they use a credit card, they do everything to avoid paying finance charges. -Rich people see opportunities for growth and success in everything they do. -The rich are willing to overcome obstacles to achieve their goals. They realize that you can’t win without taking risks. -Rich people choose to face their fears to become a more successful and powerful individual. Subscribe to Bright Side : https://goo.gl/rQTJZz ---------------------------------------------------------------------------------------- Our Social Media: Facebook:   / brightside   Instagram:   / brightgram   5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC ---------------------------------------------------------------------------------------- For more videos and articles visit: http://www.brightside.me/ Learn more about your ad choices. Visit megaphone.fm/adchoices