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5 Ways Rich People Think Differently From the Rest of Us Vote_lcap68%5 Ways Rich People Think Differently From the Rest of Us Vote_rcap 68% [ 178 ]
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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » 5 Ways Rich People Think Differently From the Rest of Us

5 Ways Rich People Think Differently From the Rest of Us

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wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
1. The middle class focuses on saving. The wealthy focus on earning.

"We're taught to save, but we end up without enough money," says Siebold. "The average income per person in 2012 was $38,000. If you save 10 percent, you'll have $3,800 at the end of the year. That's not a model for wealth-building, and you'll never get rich that way."

Siebold says that rich people save money, too, but first they focus on boosting their earnings so that the percentage they save will be more meaningful.

http://www.dailyfinance.com/2013/02/23/rich-people-think-differently-from-middle-class#slide=5659560

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