๐Broke People๐ค
Shopping at the mall โ Spend on things that lose value quickly.
Fancy Restaurant โ Spend for temporary pleasure.
Night out drinking โ Spend on entertainment without return.
Buying a new TV โ Buying liabilities (things that take money but donโt generate income).
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๐Rich People๐ค
Shopping for stocks โ Invest money so it grows.
Equipment for business โ Buy tools/resources that increase productivity or income.
Night out networking โ Socializing with purpose, building connections that can bring opportunities.
Buying more assets โ Purchase things that generate money (real estate, businesses, investments).
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โ Core Difference:
Broke mindset = Spending on liabilities (things that lose value).
Rich mindset = Investing in assets (things that grow in value or produce income).
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