'rich with money and poor without money'

10 TRAITS THAT THE RICH HAVE AND THE POOR DON’T.

Do you want to be a rich and wealthy person. If yes you should have the following characteristics that most wealthy people have. I may not have covered all of them but this are the main once.

They love what they do.

Money doesn’t lead to happiness, but happiness helps people have money. In that case if you love what you do like most wealthy people do it can lead to having money. Ask yourself do you love what you do?.

A Psychologist found that, on average, $75,000 a year is what people need to feel happy. Spending money on experiences rather than on things also makes people happier.

To get everyday motivated to do what you need in order to achieve your dream you need to love what you

Time Management

The rich people have the same 24 hours as the poor have. But what makes them different its because the rich plan in advance. They know what to do at a specific time thus making them organized most poor people don’t manage their time.

Risk Takers

This a person who is willing to do things that involve danger or risk in order to achieve a goal. When poor people fear taking risk when it comes to investment or anything that will lead to achieving their goal they wont take he risk. But the rich wont hesitate as they know the great value of risk taking.

If this may be your weak point don’t worry as no rich person ever started as a pro. They made some mistakes and learned from it so be a risk taker.

They are patient

Success doesn’t happen overnight you need to be patient with what you are doing in order to achieve it. Simple as that.

If you truly want to be successful you will need to be a lot of patient in hard times as your patience will be tested with failures. Rather that looking for ways to become rich quickly, write your plan down and follow it until the end.

They Learn Everyday

Most wealthy people i know they have told me one thing everyday is a learning day. That’s why i decided that every month i should read one financial book.

When Warren Buffett was asked how to get smarter, Buffett once held up stacks of paper and said, “Read 500 pages like this every week. That’s how knowledge builds up, like compound interest.”

All of us can build our knowledge, but most of us won’t put in the effort.

“Go to bed smarter than when you woke up.”

— Charlie Munger

The Rich are entrepreneurs

To be a rich person you should have the capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.

Most rich people solve real life problems and they end up making profit from it .You open up all sorts of doors when you make money the entrepreneurial way.

Most Rich people are frugal

Poor people tend to live flashy lifestyle  in which they cannot afford the expenses . The rich live a modesty life and not spending there money on things they do not need.

If you want to buy something ask yourself if you need and if yes, does it can you afford it.

They Give Back to Society

People who get rich and stay successful give back to people and organizations.Having wealth simply for the sake of having wealth is not a goal of the rich! If that is your goal, then you need to read adjust your perspective and think about how you can serve with your money.

Most wealthy people they not only give back to the society, they  give from their heart as they believe in what they are doing.When most rich people come together in a single they mostly talk about charitable causes.

Gratitude is the key to spending less and having more. It is the antidote to materialism,

They Have Self Discipline

Selfdiscipline is about having the ability to control your desires and impulses to stay focused on what needs to get done to successfully achieve a goal.In other words self discipline can also be described as tough love for yourself.

Rich people have tough love for themselves  by controlling their desires which makes them achieve their goals easily. While the poor people don’t control their desires making them not focused on their goals.

They Never Give Up

When task becomes tough most people tend to leave it and start doing a new thing. while the rich bad things happen to them, they meet the challenge and take action to move on. They don’t get stuck and depressed.

To never give up on what you are doing in order to achieve your goals you must love what you are doing first.

The best way to not to give up is to set a plan on how you can achieve any goal you want.

This may be some of the characteristics that the rich have and the poor don’t have , I just took the 10 best out of the never ending list of the difference between the rich and the poor.

In fact, one of the best ways to become wealthy is to hang out with wealthy people. So, find a mentor and spend time with him or her weekly. Watch him and observe these characteristics.

After all, you’re the average of the five people you spend the most time with, right?

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