The rich think of investment before luxuries

in #promo-steemit6 years ago

range-rover-2015660__480.jpg
source

The rich always think of investment whenever money comes to their hands before they start thinking of luxuries. If we take time to study very well, one would realise that the poor buy expensive things when compare to the rich. Not that the rich don't buy expensive things at all, but they buy it at a time when the price mean little to them.

Because the poor want it now, they spend their life on it now and that always makes it expensive for the poor, but the rich would think of investing the money first and spend the profit or the interest on whatever it is that they want to get.

Not that you won't buy things you want at all, but ensure you buy those things you need before thinking of those things you want. Try to identify the different between your want and your needs, this would help you to make right choices in determining what to buy per time.

#Renoomokri presented it this way in one of his tweets;

"The main difference between the rich and the poor is that if you give a poor person money, they will spend it. But if you give a rich person the same money, they invest it. Therefore, the solution to poverty is not money, but the acquisition of a wealth mentality" #RenosNuggets

Thank you for reading through, I am @emmakkayluv and I love you all

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Emmakwisequote from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 62332.64
ETH 3006.81
USDT 1.00
SBD 3.94