How Rich People Think by Steve SieboldIf you want to become a millionaire you must first learn to think like one. One of the biggest distinctions between the rich and the middle class is the differences in thinking about money. The middle class operates from a fear based consciousness , always worrying about the uncertainty of the future and therefore trying to protect and hoard their money. Rich people, on the other hand, operate from a mindset of freedom and abundance. Saving and investing is important to them, but they direct their mental energy toward accumulating wealth through serving people and solving problems. In the next five years, more self-made millionaires will emerge than in any other time in history.
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21 Ways Rich People Think Differently
Steve Siebold , author of " How Rich People Think, " spent nearly three decades interviewing millionaires around the world to find out what separates them from everyone else. It had little to do with money itself, he told Business Insider. It was about their mentality. That's why there's a certain shame that comes along with "getting rich" in lower-income communities. They don't try to pretend to save the world," Siebold told Business Insider. The problem is that middle class people see that as a negative——and it's keeping them poor, he writes. You can't give what you don't have.
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Many personal finance experts agree that successful budgeting and money management isn't about tactics. It's an issue of mentality. In other words, strategy and tips are less important than the overall mental shifts a person needs to go through to manage their finances well. He took 26 years to interview some of the richest people in the world to write this book. His conclusion: to become rich, he had to think like a rich person. While you may not aspire to be "rich," but you should want to be better at managing your money.