第011期 存钱可以致富吗？（原声版）

Introduction：

Hello and this is Perry on the air. Lastweek I introduced the topic of 15 things poor people do but rich people don’tand it actually aroused lots of interest and attention from our listeners. Inthe first issue, we learned that poor people watch too much TV, and are intosports. In the second issue, we learned that poor people pay less attention totheir health and personal hygiene, and do not have regular body checks. Today,let’s take a look at their attitude towards money and their habits in spendingor saving money. Be careful as you move on, because you may find yourself inthe following descriptions.

Audioscript:

No. 3 Poor People Buy Clothes or Products thatare On Sale.

Let me put itthis way. The only thing you should buy on sale are stocks. While poor peopleare looking to conserve or stretch the little that they have, the rich are focused on increasing their incomes.

No. 8 Poor People have no money saved

One of thedifferences between poor people and the rich is that the former don’t get readyfor what’s next.Having money put aside allows for growth. Let’s say something bad happens. If you have somemoney put aside, the problem is solved and you can resumeyour life. If you don’t and the situation is urgent, what do you do? You either liquidate an asset like your car, house, etc. or you can take out aloan. For the rich, when the situation is over, they are left the same inthe position minus the savings, while for someone who’s poor, their life stylehas been dramatically hit or now belongs to the creditor. Now, let’s focus onthe exact opposite. An opportunity arises, those who have money put aside nowhave the chance to expand their lives while the other can’t afford to take fulladvantage of this opportunity. That’s why the rich are growing richer and thepoor are getting poorer.

No. 9 Poor People use credit cards or takeout loans for useless things.

One of the majordifferences between the rich and the poor is how they make use of credit. Therule is simple: if you take out a loan to buy something that doesn’t generatemore money than the loan, don’t take it. It’s that simple. You should only usecredit if what you will be using it for is investment. Want to take out a loanfor a large TV? Don’t. Want to loan to buy that supreme gear? Don’t. Want touse credit card to get the new iPhone? Don’t. Unless you are flipping thissupreme gear for a profit or use your iPhone to develop a new app to grow yourbusiness, these items should not be on your credit. Instead, earn the money andthen spend it. You’ll learn more about this on No. 12.

No. 12 Poor people spend money before theyget it

Oneof the biggest dangers in life is to spend money before you get it. The secondyou start borrowing money or acquiring expenses before you are able to paythem, your life starts to spiral down. If you don’t have money for somethingyou are willing to part with without affecting your life, then you can’t affordit. Go back to work and then get it.

Ok, in today’s issue, we discussed poor people’sattitude towards money. Basically, the information boils down to this: don’tbuy useless things, don’t borrow money to buy unnecessary things. If you thinkthese are all the differences between the poor and the rich, you are wrong. Wewill find out more! See you next time!