Friday, February 27, 2015

10 Important Qualities Of The Rich (As Compared To The Middle Class)

I believed many of us would consider ourselves as middle class (or the sandwiched class), not rich, not poor either. When I am talking about rich here, I am referring to much more than Financial Freedom here, think along the line of Robert Kiyosaki, Li Kar Shing or Warren Buffet etc... (those filthy rich type).
 
Most of us are still loooooooooooong way to go and most of us might not be there int he first place. Having said that, there is no stopping us in learning the common mentality of the rich. At least we get to know why we are not rich yet ;-)
 
Recently, I chanced upon an interesting article in Lifehack site with the title, "10 Differences Between Middle Class And Rich People", I find it quite amazing and can personally relate to many of the points (since I deemed myself as middle class ;-)).
 
I am re-producing the 10 differences here as quick summary:
 
1. The middle class live comfortably, the rich embrace being uncomfortable
2. The middle class live above their means, the rich live below
3. The middle class climb the corporate ladder, the rich own the ladder
4. The middle class are friends with everyone, the rich choose wisely
5. The middle class work to earn, the rich work to learn
6. The middle class have things, the rich have money
7. The middle class focus on saving, the rich focus on earning
8. The middle class are emotional with money, the rich are logical
9. The middle class underestimate their potential, the rich set huge goals
10. The middle class believe in hard work, the rich believe in leverage
 
There are more explanation given in the original article, click here is you are interested to read further.
 
So do you know why you are not getting RICH yet? ;-)
 
Cheers! 

8 comments:

  1. Replies
    1. jfree : Thanks for dropping by and comment. Keep reading ;-)

      Delete
  2. Shucks. Richard exposes our fragility :(

    ReplyDelete
    Replies
    1. B : no lar, like that we all know how to prepare ourselves for the riches mah! Lol

      Delete
  3. 11.The middle class buy liabilities, the rich own assets

    ReplyDelete
    Replies
    1. Marcus : Thanks for dropping by and giving the additional quality to look out for..

      Delete

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