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Gina Rinehart , the world’s richest woman is the focus of a media firestorm over an article in which she takes to task the “jealous” middle class for “smoking and drinking and socializing” instead of than working to raise their own financial status.


Is it possible she has a point?


Author Steve Siebold, of “How Rich People Think,” has spent close to three decades talking with millionaires around the globe to find out what sets them apart from everyone else.


It has little to do with the money itself, he informed Business Insider. It was all about their attitude.


” The middle class mentality suggests people should be happy with what they have,” he explained. “And generally speaking, most peoples’ beliefs are rooted in fear when it comes to money.”


1.While average people believe MONEY is the root of all evil, rich people believe that POVERTY is the root of all evil.


Siebold writes “The man on the streer has been brainwashed to think that rich people are either lucky or dishonest,”.


This is why there is a certain stigma that goes along with “getting rich” in lower-income communities.


“The world class understands that while posessing money doesn’t necessarily guarantee happiness, it certainly can make one’s life more comfortable and enjoyable.”


2. While average people believe that selfishness is a vice, rich people believe selfishness is a virtue.


“The rich, they just go out there and do what it takes to make themselves happy. They don’t feel the need to pretend that they are saving the world,” states Siebold.


Unfortunately, middle class people see this type of behavior as negative––and it’s that prejudice that’s keeping them poor, he writes.


“If you are not taking care of yourself, you are not in any position to be able to help anyone else. You can’t give another what you don’t have.”


3. While average people have a lottery-based mentality, rich people have an action-based mentality.


“While the masses sit waiting to choose the right numbers or are praying for prosperity, the great ones are out solving problems,” says Siebold.


“The hero that middle class people are waiting for might be their boss or their spouse, the government, or even God. It’s the average person’s manner of thinking that creates this “magical thinking” approach to life and living even while the clock just keeps ticking away.”


4. While average people believe that the road to riches is paved with formal education, the rich believe in acquiring specific knowledge.


“Many high-level performers have opted for little formal education, and instead have amassed their wealth through the gathering and subsequent sale of specific knowledge,” he continues..


“All the while, the masses are convinced that master’s and doctorate degrees are the key to wealth, mainly because they are trapped in a linear way of thinking that holds them back from achieving higher levels of consciousness…The wealthy aren’t concerned with the means, just the end.”




5. While average people are nostalgic for the good old days, rich people dream about the future.


“Self-made millionaires succeed in becoming rich because they are willing to bet on themselves and to project their dreams, their goals and their ideas into a still unknown future,” Siebold writes.


“People who truly believe that their best days are behind them are unlikely to get rich, and very often struggle with dissatisfaction and depression.”


6. While average people tend to see money through the eyes of emotion. rich people consider money logically.


“An ordinary, smart, educated and generally successful person can be instantly converted into a fear-driven, scarcity based thinker whose only financial aspiration is to ‘retire comfortably’,” he writes.


“The world class looks at money for what it is and what it is not, through the cold eyes of logic. The great ones understand that money is a critical tool which presents options and opportunities.”


7. While average people earn thier money doing things they don’t love to do, rich people allow themselves to follow their passion.


“To an average person, it may look like the rich are working all of the time,” Siebold says. “But one of the best strategies of the world class is to do what they love and to find a way of getting paid for doing it.”


On the other hand, the middle class usually take jobs they don’t enjoy “because they need to make money and they have been trained through education and conditioned by society to live and work in a linear thinking world, equating earning money with expenditure of physical or mental effort.”


8. While average people set their expectations low so they are never disappointed, rich people are always up for a challenge.


“Often psychologists and other mental health professionals advise their clients to set low expectations for their live to ensure that they will not be disappointed,” Siebold writes.


“No one will ever strike it rich and live out their dreams without having huge expectations.”


9. While the average person believes you have to DO something in order to get rich, rich people believe that you have to BE something in order to get rich.


“That’s how people like Donald Trump can go from millionaire to nine billion dollars in debt and then come back even richer than ever,” he writes.


“All the while that the masses are fixating on the doing and on the immediate results of their actions, the great ones are busy learning and growing from each and every experience, whether it is a success or a failure, knowing that their real reward is in becoming a human success machine that will eventually produce optimum results.”


10. While the average person believes you need to have money in order to make money, rich people know you can use other people’s money.


Linear thought may advise people to make money in order to earn more money, but Siebold says the rich are not afraid to fund their future visions with the cash from other people’s pockets.


“Rich people know that not being solvent enough to personally purchase something is not relevant. The actual question is, ‘Is this thing worth pursuing, buying, or investing in?’” he writes


11. While average people think that the markets are driven by strategy and logic, rich people are aware that they are driven by emotion and greed.


Sucsessfully investing in the stock market isn’t only about some fancy math formula.


“Rich people know that the primary emotions driving the financial markets are greed and fear, and they factor that into all the trades and trends that they observe,” Siebold writes.


“A knowledge of human nature and its observable impact on trading gives them a strategic advantage in building even greater wealth through leverage.”


12. While average people often live beyond their means, the rich tend to live below theirs.


“There’s only one way to live below your means, tapping into the secret that wealthy people have used for centuries: You must get rich so that you can afford to,” he writes.


“The rich can live below their means, not because they’re exceptionally savvy, but because they generate so much money that they are able to live like royalty while still keeping a king’s ransom tucked away for the future.”


13. While average people only teach their children how to survive, rich people teach their children how to get rich.


Wealthy parents teach their kids from a very early age that the world is made of “haves” and “have-nots,” Siebold says. He even admits that many people have suggested that he is supporting the notion of elitism.


He disagrees.


“They may say wealthy parents are teaching their children to look down on the masses because they are poor. This isn’t exactly true,” he writes. “What they are teaching their children is to observe the world through eyes of objective reality–– and see society the way it really is.”


Children who understand wealth early on will be much more likely to strive for it in later life.


14. While average people too often let money stress them out, rich people find peace of mind in their wealth.


The main reason wealthy people accumulate more wealth is that they are not afraid to admit that money is the solution to most problems, Siebold says.


“Middle income people see the never-ending earning of money as a necessary evil, a part of life that must be endured. The world class views money as a great liberator because by having enough of it, they are able to acquire financial peace of mind.”


15. While average people would prefer to be entertained than to be educated, rich people would prefer to be educated than to be entertained.


Even though the rich don’t put a lot of stock in advancing wealth through formal education, they acknowledge the power of learning long after college years are over, Siebold says.


“Walk into any wealthy person’s house and one of the first things you will see is an extensive library of the books they have used to further educate themselves on how they can become more successful,” he writes.


“The middle class, on the other hand, reads tabloids, romance and adventure novels and celebrity magazines.”


16. While average people feel that rich people are snobs, rich people are interested in surrounding themselves with like-minded people.


What keeps the rich hanging out with the rich is the negative money mentality that is poisoning the middle class, he says.


“The rich can’t afford these messages of gloom and doom,” he writes. “And this is most often misread by the masses as being snobbish.


Referring to the world class as snobs is just another way the middle class has found to feel better about their lot and to justify their chosen path of mediocrity.”


17. While average people are focused on saving, rich people are focused on earning.


Siebold proposes that the wealthy get wealthier by focusing on what they will gain by taking risks, rather than how they can save what they already have.


“The masses are so intent on clipping coupons and frugal living habits that they miss major opportunities,” he writes.


“Even in the middle of a cash flow crisis, the rich refrain from the nickle and dime attitudes of the masses. They have mastered the art of focusing their mental energy where it does the most good: on the big money.”


18. While average people tend to play it safe with money, rich people understand when to take risks.


“Leverage is the byword of the rich,” Siebold writes.


“All investors lose money on occasion, but what the world class knows is that no matter what happens, they always have the ability to earn more.”


19. While the average person loves to be comfortable, rich people can find comfort in uncertainty.


To make it as a millionaire, first and foremost, one must have the guts to take the necessare risks ––a challenge those with middle class attitudes aren’t comfortable living up to.


“Comfort – emotional, physical and psychological, is the primary goal of the classic middle class attitude,” Siebold writes.


Members of the world class learn early in their lives that to become a millionaire is not an easy task and that their need for comfort can be devastating to that goal. They choose to learn how to be comfortable even while operating in a ongoing state of uncertainty.”


20. While average people never learn the connection between money and health until it is too late. rich people are aware that money can save your life.


Even as the middle class is squabbling over the advantages of Obamacare and their health insurance company’s plan, the uber wealthy are already enrolled in a very elite “boutique medical care” association, Siebold says.


“The substantial yearly membership fee that they pay is a guarantee of 24-hour access to a private physician who serves only a limited group of members,” he writes.


“Lots of wealthy neighborhoods have already implemented this strategy and some even require that the physician must live in the neighborhood.”


Siebold concludes by saying, “The masses have been brainwashed into believing it is an either/or equation. The rich, on the other hand, understand that you can have whatever you want if you take on the challenge with a mindset rooted firmly in abundance.




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