Mindset of the Wealthy and Middle Class

Category
Middle Class
Wealthy people
Belief
Money is the root of all evil
Poverty is the root of all evil
Mentality
Procrastinator
Action based
Type of Education
Formally Educated
Self educated
Dream
Focus on the past
Future
Money belief
Fear based
Logically
They Follow
Money  
Passion
Use of money
Own
Other peoples money
Knowledge about  the Market
Clueless
Driven by emotion
Legacy
How to survive
How to get rich
Reading Materials
Novels, tabloids Entertainment Magazines
Books
Friends with
Middle class
Wealthy
Focus on
Savings
Earning
 Risk Profile
Averse
Love
Comfortability
 Thrive in structure
 Thrive in Uncertainty
They think money as
Hard to keep
Friend
Self made millionaire  are currently growing in numbers. Steve Siebold made a book (How rich people think)  that summarizes the  mindset of the rich comparing it with the middle class.  He interviewed 1,200 of the world’s wealthiest people during the past 3 decades. He concluded that it’s about the perception and not the money itself.

David Isaiah Angway is a Financial Evangelist

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Filed under Middle Class, Mindset, Perception, Wealthy

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