13 Comments
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Puzzle of Wisdom's avatar

You are not what you own — you are what you do with what you own…

Sharon Wright's avatar

Superficial analysis describes what we can all see. The more complex analysis should probe the why and how to alter these patterns. Surprise-? education, family economic supports to avoid deep holes and a level playing field to execute “visions “ rather than having rich and powerful friends as the gateway to success.

Smart Money Talk's avatar

You’re right, mindset is just one part of it. Education, family support, and fair opportunities matter a lot too. My focus here was on what we can control personally, but I appreciate you adding that layer to the conversation.

Zainy’s Latte Thoughts's avatar

a good read

Redwood Bear's avatar

Great article. Have you written about generational wealth? I’ve heard most will not survive 3 generations.

Smart Money Talk's avatar

Appreciate that, Redwood! You’re spot on — most wealth fades by the 3rd generation. It’s something I’ve been researching and planning to write on soon 👀 Stay tuned.

Redwood Bear's avatar

I’m currently in the beginnings to build on a meager wealth that has survived to myself and my brothers, the 3rd Gen! Looking forward to your article on this!

Ryan | Master Money Psychology's avatar

Great article. Definitely stealing “The poor mindset hoards pennies. The rich mindset multiplies dollars”. So so true

Smart Money Talk's avatar

Glad that line hit you, Ryan! It’s crazy how a simple shift in thinking changes everything. Appreciate you reading 🙌

Ryan | Master Money Psychology's avatar

It absolutely is. I scream about the importance of mindset from the rooftops

SHE-ro's avatar

Thank you

Daniel Thorley's avatar

An essential discussion. Understanding why wealth and poverty perpetuate themselves is the first step toward building a more equitable system. Thanks for tackling this!