Rich vs. Poor

It's been said,"If all the money in the world was divided equally between all the people in the world,- within 7 years those people who had the money before, would have it all back again!" Its important to note- There are many varieties of wealth, aside from money.Some of those are- An ability to live off the land. To Share and be Kind. To love everyone even as you Love yourself. The gift of gab. An innate knowledge of right and wrong. The art of making do. Making something useful from Nothing. To be Happy with what you have, and enjoying each day as you live it!

Ok here it is. I usually study these types of things because I am aiming to be upper class in the future. And i have a serious mind set towards it. Poor people: These are the type of people who work a low income and at the same time sometimes they usually waste that small amount of money they have any unnecessary things they see. Middle Class: These people work a good amount of money usually sometimes the same as upper or rich class. But these people usually buy a lot of things with their money. SO you could say their wealth only lay in their assets. Their money in their bank is much lower than upper class. These people are the type you will see buy ferraris and those type of cars. They live their life in luxury at times depending on the type of middle class you are. Because middle class you will later find out is divided into lower middle class, middle middle class and upper middle class. But here is usually where you find people buying all those things to show off. Upper class: Now these most time usually get the same income as middle class. Yes it is surprising but it is a fact. And i will show you the difference between them and middle class though. Upper class usually ONLY buy things that can make more money. YOu see middle class buy things to relax. Upper class buy things to make more money. If they buy a luxury item such as a yatch that mean they plan to do something good with it like keep parties in it. I hope you see where I am going here. That is why most famous people are still usually classify to be in the middle class area. The funny thing about it is that is hard to actually notice a upperclass person because while living others might perceive them as poor and that is true. I have seen upperclass people before. And i remembered two i met. They both went on a msall interview and to my surprise the first one wore SECOND HAND SHOES. and the second one drove a car that looks like it soon ready to break down. But when you look in their bank account they have over a 7 sum figure. So there are the differences between all those classes. And if you want to research it for yourself you will find out that I am being factual. IF you like my response please select it as best response. Thanks in return

I think it's an attitude, and a knack for planning ahead. People who are rich or have a lot of assets spend time creating an environment that is positive and will support gaining more assets. They are also wise with what they have - meaning someone who has plenty of material things and knowledge doesn't spend or share everything they have, they are careful. They save for a rainy day, maintain and take care of things - ie perhaps own a car or two with no loan rather than constantly lease or purchase new cars just because they can. Someone wise lives within their means, which doesn't mean they are scrooges or NEVER spend anything, yet they are not flashy and don't just impulse buy bigger and better because it exists. I see a lot of people who struggle NOT save anything, spend everything they have as soon as they get it, buy junk they don't need - for instance on things like lotto tickets, pizza, nail sets, etc. Those are things that really aren't necessary and aren't going to help you get out of a bad situation even if they may help you feel better short term. As far as what keeps people stuck in poverty - if they already don't make enough to live without help, and then they cannot make over a certain amount to continue receiving the help (like food stamps, housing assistance), their hands are tied. If they get a better job, they lose the food stamps and housing assistance and perhaps childcare that enables them to keep their job, and then they are back where they started, without enough to survive on. If they keep the same low paying job or only work enough hours to receive benefits, they can't get ahead because they are still only barely making ends meet. People need to have opportunities to get OUT of a bad situation and still receive some help in a step-down form so they are able to get ahead and eventually not need the help. Taking it away immediately never works because then they still can't make it. One more thing I see is a victim mentality 'i'm poor because i've always been poor'. It's like people who believe they are stupid and then use that as an excuse when they fail or have problems. People who are successful don't see things that way. They realize THEY are in control of what happens, if not literally, at least as far as their attitude towards it. While something bad may happen, one person might get depressed and give up and claim they are cursed, while another might be sad for a short while but then suck it up and figure out what they can learn from it and move on. That's the difference between success and failure.

What seperates the classes is money or rather how each perceives money. The way we perceive money influences what we do with it. Poor people for example perceive money as something to spend. Purchase groceries, pay rent, have a little left over and buy that nice new laptop, cell phone, or sneakers. Since their perceptions gears them towards spending, they rarely have any. Middle class on the other hand perceive money as something to manage. They spend their lives allocating money for this or that, saving for rainy day, saving for college fund for children, saving for house, saving for retirement etc. There money is used to preserve their lifestyle and economic situation. Rich people perceive money as capital. Something to invest. Rich people's money works for them, they don't work for their money. If one wants to move within the classes or gain upward mobility, one needs to change their perceptions of money.

We all know the huge difference from rich to poor. I mean the difference of income they have each other. Besides that, there is a difference in thinking between the two categories. Poor or those less lucky in life, think of the rich as people with a destiny pink, full of rainbows and unicorns. They were born rich and that's not what they deserved, because the others work hard for a living. Wealth, or the careless, to say the poor are just as scum of society that do not work in life, that if they work, and they would be rich. But they forget that they have no authority, can people without money. Eventually, the two categories of people collide head. Each one keeps his. Maybe we all live better if we found a common point.

i read Robert Kiyosaki's book titled RICH DAD, POOR DAD and it says there that the difference between the rich and the poor is MINDSET. if you are rich, you know how to be rich and you would want to acquire more. if you are poor, you know how it is to be poor, sometimes you're stuck on being poor, and gives up on acquiring.. one more difference between the two is FINANCIAL LITERACY. some people wants to earn and earn and earn. most people wants to spend and spend and spend alone

Hi there Theknute! I believe that what separates rich people from poor and middle class are the opportunities to have a better life. Even though there's nothing impossible with a person who is determined, no matter what his economic status is, we have to admit that what is readily available for rich people is sometimes something that poor people have to work hard for for a very long time, sometimes, even taking them a lifetime and more often, passing away without seeing the fruits of their labor.

I think,the thing which seperates the rich from the poor are many including the luxury car,the ornaments diamond or gold rich ornaments the rich women uses,the dress code of the rich,the status given to the rich people in the society,all these things seperates the rich and poor people. The poor family child will be sent hardly to government schools while the rich family boys and girls are sent to the icse international level schools and universities. The rich man man can continue to earn money by just keeping the money in bank and taking the interest,which is not possible for the poor people,they usually takes loans from banks and says interest to the banks.So its hard for a poor man to earn. However,Hardwork can lead one poor man to the rich and then to richest :-)

Its just that some people have money and some people don't. It really cannot be any more simple or plain as something like that. It is pretty much the rich and the poor in this day and age, the middle class tends to be something that is extremely endangered in a number of ways. Right now its people who are fortunate enough to have the money and people who have plummeted right below the poverty line. Sometimes rich people tend to get born into great money and are savvy enough to hang onto it, while adding to it in many ways. Granted a rich person can become rather poor if he is unable to properly manage his money in a way where he is unable to really keep a hold of it. Then a poor person can rise themselves above their level, through working hard and mostly being stubborn.

The first factor is money between poor and rich people...... Yes, the financial difference is the main one. Every body has to do hardwork to earn money, and to live with prestige in the society. Live happily, if not, everything is somewhat a problem...

hello, One main reason separate them is the "money" right? Rich have more money than they need, middle class only have enough but the poor are those who literally dont have enough money to support their family. Rich people can have a good education than poor but rich people are more greedy than the poor one because they are craving for something that is too much of what they need. Rich people can protect themselves while the poor was not.