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What differentiates the middle-class from world-class, when we talk about money? It’s their thinking. Instead of creating means to earn more money, they are dependent on others. They have sleepless nights to worry about money to pay the next installment or bill. With a fear of failure in mind, it is almost impossible to think big and fulfill your wish. In such situations our subconscious mind work against our plans. And this fear-based thinking keeps away middle class from money or wealth.
They hesitate to take any risk, if they take, they fail because they still have fear of failure in mind. Fear is one of the most powerful emotions and you might be knowing that our subconscious mind works based on emotions and feelings. So instead of helping us to make our plan successful, it works against our plans.
Below excerpt from ‘How Rich People Think’ will help you to understand the thinking of rich and middle-class people. You can change your mindset accordingly. This book was written after more than 20 years of research by Steve Siebold.
Waiting for Ship or Building Your own!
The average person subconsciously believes he’s going to be discovered, saved, or made rich by an outside force in the future. It’s like the fat person slowly killing herself through obesity, who patiently waits for the next pill or tonic to make her thin and healthy. They are convinced their hero on the white horse is right around the corner ready to save them from themselves.
The world-class knows no one is coming to their rescue, and if their life is going to be uncommon in any way, it will be through their own efforts. The foundational principle they live by is self-reliance and personal responsibility. They’re not counting on the government to bail them out or their family to take care of them in their old age. Champions don’t wait for things to happen, they make things happen. The more physical, mental, emotional, and spiritual effort they invest in, the more help they receive from others who have traveled the same path. Self-made man/woman is only self-made in the sense that they proactively began chasing their dream with no expectation of assistance
Living Beyond or Below Your Means!
The average person spends more than they make because they make so little. How can a family survive on the average income and still save money? Instead of getting creative, most people try to do more with less and suffer sleepless nights worrying about the future. The middle class is the wealthiest sub-group of the working poor, and most of them live beyond their means because they earn so little. These people aren’t stupid; on the contrary, some are smarter and better educated than members of the world-class. The difference lies in their focus. The middle class focuses on everything but getting wealthy because they have so many limiting beliefs about money and what being wealthy means, it’s the last thing they want to think about. Then they listen to so-called financial gurus who criticize them for overspending on silly things.
The rich live below their means, not because they’re so savvy, but because they make so much money they can afford to live like royalty. It’s easy to live below your means when you earn more in a day than most people earn in a year. Not to mention that the rich earn money primarily through leverage, and not hard labor. It’s hard labor that creates the physical and psychological stress that kills so many poverty, working, and middle-class workers. Here’s how to live below your means and tap into the secret wealthy people have used for centuries: get so rich you can afford to.
Money as Stress or Peace of Mind!
The average person would rather think about anything but money with the negative feelings they associate with it. They see money as a never-ending necessary evil that must be endured as part of life. The world-class sees money as the great liberator, and with enough of it, they are able to purchase financial peace of mind. The great ones know money can’t solve every problem or eliminate every worry, but it does have the power to reduce stress in tough times while providing opportunities in good times. The rich believe if you can write a check for a problem and make it go away, you don’t have a problem. Money makes most problems disappear. The masses have been worrying about money since the beginning of time, and they always will. Not because they’re not capable of acquiring wealth, but because they’re operating in a fear-based consciousness that keeps them broke.
The lack mentality of the masses attracts them to focus their thoughts on how many ways they can stretch a dollar. Meanwhile, the rich are focused on how they can earn more, invest more effectively, and leverage their money. Notice how few discounts are offered at high-end retailers and upscale establishments. It’s not that the rich don’t like getting good deals and discounts, but they are generally more interested in making quantum leaps in their net worth than they are in pinching pennies. The secret the rich know that the masses don’t is that being rich is more about consciousness than currency. Most people never break out of middle-class mediocrity because of their level of thinking. Getting rich begins by thinking rich. It’s about what’s happening inside your mind, but the masses are so fearful and skeptical they fail to grasp this simple truth.
Think Small or Think Big!
The masses are at a level of consciousness that dictates they pay attention to every detail and petty problem. They are more interested in gossip, drama, and other people’s problems than they are in their own success. This level of thought consumes massive amounts of mental energy, and by the end of the day, they have little left for creative thought and problem-solving.
The world-class purposely ignores the small thinking, ego-based personality problems that plague the middle class. They know they only have so many units of mental energy available each day, and they choose to focus all of them on thinking big. They are happy to exchange the small life of survival for the big life of abundance. The great ones are operating at a level of consciousness where fear doesn’t exist. It’s a level of thought that allows them to focus on their ultimate vision. At this level of thought, anything seems possible. Every dream that seems crazy to the masses looks surprisingly doable. The world-class know the key to success in anything is reaching a higher level of awareness.
In other words, the masses don’t earn $50,000 a year because they want to; they earn $50,000 a year because they’re not aware of how to earn $500,000. Professional athletes are better than amateurs because they’re operating at a higher level of awareness in their sport. It’s all about raising your level of conscious awareness. And it begins by releasing any fear-based thoughts that enter your mind and clear of the small-minded, petty thinking of the masses.
“He that waits upon fortune, is never sure for dinner.” – Benjamin Franklin
The Wealth Code: Volume 1 is a personal development and financial education book written by Vinod Singh. It is designed to empower readers by teaching them principles of wealth creation, financial freedom, and personal growth. The book offers practical strategies to achieve financial success, with a vision to uplift and transform the lives of millions by promoting financial literacy and entrepreneurial thinking. Singh’s approach is rooted in inspiring individuals to take control of their financial destinies while cultivating a mindset focused on long-term success and abundance.
