Always Tell Yourself You're Rich
By Jim Bauer
@porwest (109107)
United States
August 2, 2025 8:28am CST
There's one little mind trick that sometimes helps someone to realize what they have, value it, and hold onto it. It's like using cash instead of credit cards or debit cards. When you can see something, it has more value in your mind, and as I have said so many times when it comes to money, the mindset matters more than the dollar amount, whether it's what you have, or what you earn, or even what your bills happen to be.
If you put a $100 in your wallet and spend it down, you feel that. You see it. And it makes you stop and think as the dollars wind down to zero. The closer you get to zero, the slower you might spend because it doesn't feel good to have an empty wallet.
When it comes to credit cards and debit cards, it's all out of sight, out of mind.
How you feel about something has a lot to do with how you react to it. Thus, telling yourself you're rich, even if you are not, has a hidden value attached to it. If you feel rich, you are going to want to stay rich, and it's going to change the way you feel about spending any of what you have. Big or small.
I remember back when I had $9,000 to my name. I said, "I'm rich." Of course, I wasn't hardly rich at all. But so long as I told myself I was, it made me want to keep as much of that $9,000 as I could, and even to make it bigger.
On the flipside, had I told myself, "Pffft. It's $9,000. So what?" spending it down would be much easier. If I wasn't rich in my mind, what did I care if I didn't have that $9,000 tomorrow? It wouldn't matter.
If you have $9,000 in the bank and tell yourself you're rich, you will more than likely soon see $10,000. But if you tell yourself you're poor, it'll be $5,000 and then zero in no time.
Always tell yourself you're rich. No matter how much you make. No matter how little you can save. No matter how much is in the bank. Tell yourself you're rich and your money WILL stay in your pocket AND likely grow.
How you THINK about money has way more to do with how much wealth you actually will achieve than how much comes in each week in your paycheck, and how much goes in the bank.
Being rich is a mindset. Not a number. BUT if the mindset is right, you WILL be rich in numbers eventually.
6 people like this
5 responses
@moffittjc (125924)
• Gainesville, Florida
3 Aug
I definitely tell myself I'm rich all the time. And pretty soon I'll start believing it! lol
But I also tell others I am Rich. Rich Goldberg. That's my alias when I am out at the bars trying to pick up the ladies.
1 person likes this
@moffittjc (125924)
• Gainesville, Florida
9 Aug
@porwest What you’re saying makes perfect sense to me. You often have to lose in order to know how to win.
1 person likes this
@porwest (109107)
• United States
10 Aug
@moffittjc It's part of the game, man, and it's that fear of losing without understanding what it actually means to lose, that keeps so many people away from actually getting ahead. And unfortunately, when you try to explain it, it just falls on deaf ears.
1 person likes this
@moffittjc (125924)
• Gainesville, Florida
17 Aug
@porwest It's even worse these days because it seems like everything falls on deaf ears. People have become so distrusting of any information presented to them, not to mention selfish and self-absorbed as well. It's like talking to a brick wall sometimes.
1 person likes this
@vandana7 (102435)
• India
2 Aug
Aw...how about investing it in such a way that it can be given in smaller amounts for smaller favors when I am old and require help?
I know this is an idea I borrowed from one of the stories I read as a child. But I am trying to develop a kitty of about 120 coins of silver 10 grams each. I reckon I will require at the rate of 6 coins per month for two years. Maybe I am overspending. I may need to do it at the rate of 5 grams perhaps. Issue is, people are so money minded. They will do service only if there is valuable reward at the end of it. So yeah...the thought of being on bed is not fun. But if I had it all in the cell phone, they could see it. Right? So it should not be visible. That is the reason nobody should know I even know how to pay money from cell phone. LOL. A trusted person will be given charge and he will release coins based on my report or his discretion.
1 person likes this
@vandana7 (102435)
• India
24 Aug
@porwest Biblical times were different. I am constantly being asked to finance education of poor.
My contention is, jobs are hard to come by. If everybody wants to be on the top of the ladder, many would be unemployed, and incapable of doing smaller jobs.
So take up vocational training instead. I use services of drivers nowadays. Most of them are more highly qualified than I.
They get 19000 for jobs that pertains to Mechanical engineering.
They get 45000 for jobs like a driver, which also gives them an opportunity to travel to other destinations at the expense of the client.
These are harsh facts. People do not want to listen to.
I'd say fine, I will educate a person. Let her become a doctor, with a condition that she looks after me till the end of my life AND finances the education of another doctor.
Nah...such flowing charity is unwelcome. LOL Everybody wants everything for a song.
The five grams silver would be for somebody taking care of me at the hospital for a day or two...
1 person likes this
@RasmaSandra (89737)
• Daytona Beach, Florida
2 Aug
OK I am rich beyond my wildest dreams but I still have to wait till next Saturday to order my groceries. 
1 person likes this
@LindaOHio (203171)
• United States
3 Aug
I can't tell you how much it hurt to spend my husband's insurance money and my Carvana money; BUT I also felt good that I didn't have to touch the nest egg. That's why I stopped doing projects. I must build up the cash again to do the guest bathroom. I think I'm rich...not Buffet rich but comfortable enough.
1 person likes this
