The way you think will determine how you succeed, but it can also be how you disastrously fail. Psychologists think that poverty is not scary. The most frightening thing is in the poor way of thinking, not daring to change or break out. That is the main reason why we are always stuck in difficulties, have been poor and poor, the biggest obstacle on the way of development later.
1. Underestimate the value of time.
Poverty means no money. From an economic point of view, if you lack something, you will consider it particularly important. But what is available in your hand, you can easily take it for granted. Time is a typical value that is easily overlooked by people.
Instead of wasting time value, we must remember the following two points:
Firstly, build the concept of time value, stop doing useless things;
Secondly, remember that there are two types of unrecoverable costs in this world: misuse of goals and wasteful time.
2. You don’t have your own goal
There was a very popular question on social media: “What is your life goal?”
In fact, most of us always become the shadow of others. How people around us live, we want to live like that. Looking at his neighbor becoming CEO to marry the beautiful wife of the rich, you also suddenly want to be like that. Or in the neighborhood where people play stocks that are richer, all the surrounding people also give up their labor and learn by doing that.
Like investment, many people do not study how to generate interest, do not know whether the project is reliable or not, even do not know what the investment product is for, only see others pour money into I also imitated, only interested in the results, but did not ask the process clearly, in the end most of them fell into a situation of losing money unfairly or being fooled.
3. Short-sighted vision
In an Indian market, there is a small group of small traders selling fruits and vegetables. Every morning, they would borrow 1,000 rupees to import goods, and spen the whole day to trade for 1,100 rupees, and that night they would have to pay 1,050 rupees to the creditors. In other words, their daily income is only 50 rupees. But if they know how to save by only spending half that amount, after 40 days, they have 1,000 rupees in hand and don’t have to borrow.
However, no small sellers do that. They still do not stop borrowing money and pay interest every day like that. They refuse to change, reject new choices even though they open a better way in the long run. Because of no saving and short-sighted vision, they live in poverty for goods.