Bank 09.02.2021

Why do the rich get richer and the poor stay poor?

Why do the rich get richer and the poor stay poor? Why do the rich get richer and the poor stay poor?This happens for a very simple reason-rich people are good at" thinking pattern-rich. This ability to change their own life drastically is what made them so rich. In in this article, we will talk about how the ability to "attract money" can be restored to the normal" poor " person. There are a lot of theories about how and why people become rich and where this happened. But all these theories end tragically quickly — the poor are always found in the head.Eternal lack of money "erases" the mistakes of those who have rich parents or smart parents. In this article, we will let's talk about how to learn how to control your money and increase your income.To begin with, let's try to figure out together what exactly is the secret of so-called "rich people"? 1) a Clear mathematical formula of their success Finding the formula of financial success will be much easier than you might think. Start with the simple truth that success in business is not determined by a high school diploma or a high score in college admissions. You need to understand the basic principles of the business and its ability to earn money and multiply money. 2) Financial discipline It has long been proven that the ability to properly handle your money is not so important for the success of your Business. after some time, the "talents" of big money simply "come" to you. A very clear proof of this is provided by those who won a large amount of money in the lottery (or were awarded large amounts of money in a lottery) after many years of diligent work.3) Investing and "saving"The fact is that the less you have to pay, the more you save. It is this habit that will lead you to success in the future.It is not enough to save 10% from each salary you receive.You also need to invest some of the money you earn — to buy currency, stocks, and other financial instruments.This is the only way to form your capital (which will be bring you "passive income" in the form of dividends and capital gains).4) learn How to earn money from your investmentsThe fact is that today there are hundreds of different investment options available to each of us.And with impressive speed came to us the fact that only using these options will you be able to create your own capital (the income from which will fully support you and your entire family).5) Start investingAs a rule, novice investors stick to conservative strategies (with a very small amount of money).But this is not true if your financial life is based on the strategy of "averaging" the market (i.e. trying to predict the highs and lows of securities quotations).By strictly adher