Poverty is a widespread social problem, which affects the quality of life of hundreds of millions of people and restricts the development and progress of society. Why are some people poor and some people rich?This is a seemingly simple question, but it is actually a complex one. Many people may think that it is because some people work hard, some people are lazy, or some people are smart, some people are stupid, or some people are lucky and some people are unlucky. However, these are only superficial reasons, real reasons, the rich will not tell you. Moreover, 99% of ordinary people will only study how to become rich first, in fact, they ignore the stepping stone, how people become poor.
In fact, this question has already been studied, and it has won the Nobel Prize in Economics. You heard it right, it's the Nobel Prize in Economics. In 2019, the prize was awarded to three scholars of the economics of poverty, Abashi Banerjee, Esther Duflo and Michael Kramer, for their book The Nature of Poverty, which reveals the causes and solutions to poverty. These three scholars did not use their own experience to sit at home and think about it, but traveled to a total of 18 countries and spent five years to understand the causes of poverty. Their findings live up to expectations, offering three ideas that can be said to subvert perceptions, and I hope that each of us will think carefully about them, because they are not only logical, but also related to how we should deal with poverty.
Many people may be uncomfortable and unwilling to admit this point of view, that is, your poverty comes from your parents. Some people say that their fate is not decided the moment they are born, but the moment their parents are born. Let's not talk about it first, because they are not the rich generation, and they didn't let you be the rich second generation. Let's take a look at a story and you'll get the idea.
The story takes place in Sri Lanka, a poor country. There, there were a lot of young lads, doing nothing, just hanging out on the side of the road. When the traffic light is approaching, there will be some women, holding their children, coming to ask for money. Once, a foreigner drove by and saw this scene, he had no change, so he said, I have a job here, I will give you a salary, and I will take care of food and housing, will you go?And guess what, they shook their heads, turned around and walked away. The foreigner was very strange, so he asked the driver, isn't he poor?I didn't go to work, and the driver said that they were tired and still wanted money to be easier. Foreigners ask, what will the future of the child in their arms take?The driver said that they would be like them, reaching out for money, or doing some small business, or doing something illegal, and it would not be profitable anyway.
This story illustrates a problem, that is, the words and deeds of parents directly establish children's life values, as well as attitudes and Xi in dealing with things. And the Xi of reaching out for money prevents them from breaking through the predicament of poverty. They have no motivation, no ability, no opportunity to change their destiny and create their own wealth. They can only be left generation after generation, immersed in the quagmire of poverty, unable to extricate themselves.
This point of view, we still can't escape, may not be the same as you originally thought, that is, do not Xi. You have to figure out why some people just can't learn Xi continuously, and if they don't learn Xi they directly lead to low cognition. Low cognition leads to poor Xi awareness. Poor awareness of learning Xi leads to not learning Xi. Therefore, if you don't learn Xi from the beginning, you will fall into a lifelong cycle of death and cannot escape. Remember the famous saying that the difference between the rich and the poor is the difference in cognition.
Cognition is our knowledge and understanding of things, which determines the way we think, behave, value judgments, and choices and decisions. People with high cognition are able to see more possibilities, more opportunities, more methods, more effects, and more value. People with low cognition can only see some superficial phenomena, some fixed patterns, some simple methods, some short-term effects, and some low-level values. People with high cognition are able to use higher standards, better methods, greater vision, longer time, and more resources to achieve their goals. People with low cognition can only use lower standards, worse methods, smaller vision, shorter time, and fewer resources to cope with their own lives.
So, how does awareness improve?The main way is to learn Xi. Xi is the process of acquiring knowledge, mastering skills, cultivating literacy, improving ability, broadening horizons and increasing opportunities. Learning Xi is not only for exams, but also for life, work, career, wealth, and happiness. If you don't Xi, you will give up the qualification to compete with the rich, give up the opportunity to change yourself, and give up improving your value.
You may say, I don't have time to Xi, I don't have the money to Xi, I don't have the conditions to Xi, I don't have the interest to Xi, I don't need to Xi. In fact, these are all excuses, all manifestations of laziness, and all self-deception. You must know that learning Xi is a Xi habit, an attitude, a choice, an investment, and a enjoyment. You always have time to brush up**, always have money to buy snacks, always have the conditions to watch TV, always have the interest to play games, and always have the need to eat. So, why don't you have time to Xi, no money to Xi, no conditions to Xi, no interest in Xi, no need to Xi?These are your own choices, your own decisions, your own responsibilities. You must know that learning Xi is an investment, an investment that is best for yourself, and an investment that will allow you to get the highest return. If you don't Xi, you are giving up your future and your happiness.
This point of view is that when your job or income is already in line with the characteristics of the economic cycle that can be wiped out overnight, there is a lack of long-term planning. This will hit you hard in your workplace, in your business, and even in the financial markets. Let's talk about the example in front of you, do you know how many people are being cut leeks?Do you know why they were cut leeks?It is because they have a common mentality, that is, they want to get high returns in a short period of time. And this is the favorite of the dealers, they just like such leeks, which are easy to cut and delicious. For example, we say that rich people play Chinese concept stocks, do you know?Recently, the office of Locke Capital, a private placement, was found to have embezzled the money of more than 400 investors. These investors are all rich people, why are they deceived?It's because they're greedy and want to earn high returns, and they're taken advantage of. Therefore, whether you are poor or rich now, the money you earned by luck in the past will be lost sooner or later by recognition, and you are just one time away. How can the ** played by ordinary people be cut meat?If you think about it, most people have dreams of getting rich overnight, and without real long-term planning, and without enough knowledge and skills, they blindly follow the trend, and end up in prison, or death.
What is long-term planning?It's just that the cycle is long, don't be greedy for more income. For example, the current deposit interest rate has been downward for a long time, how can you find a way to lock in the current highest interest rate first, which is 26% fixed-term, or 10-year 3% treasury bonds, or 3.5 for life5% compound interest?Isn't running in small steps also a way to make money?This is the difference in perception, a tool for long-term value-added. I've summarized a lot, if you don't understand, you can leave me a message, and I will share my relevant strategies with you in the long run, and if you still don't understand after reading it, you can also come to my live broadcast room to chat. How many people, when they can make money, really save for a good life plan for themselves after retirement?To sum up, it is also the above three points.
These are the three points I want to share with you today, your poverty comes from your parents, your poverty comes from not learning Xi, and your poverty comes from a lack of long-term planning. These three points of view may make you feel uncomfortable, or you may feel unconvinced, or you may feel unwilling. But, you know, these are facts, they're all science, they're all experience, they're all evidence. You can choose to deny, you can choose to escape, you can choose to give up, but such a choice will only make you poorer, more helpless, and more miserable. You can also choose to accept, you can also choose to face, you can also choose to change, but such a choice requires you to put in a lot of effort, a lot of time, a lot of persistence, a lot of courage, a lot of wisdom. You have to know that poverty is not a fate, but a choice, you can choose to change, you can choose to be rich. Of course, this is not an easy thing, we need to put in a lot of effort, a lot of time, a lot of persistence, however, we are not alone, we have a lot of resources, a lot of help, a lot of opportunities, we just need to seize, we can achieve our dreams. I am one of the resources, a help, an opportunity, and I am willing to work with you, ** the essence of poverty, to share the secrets of wealth, and to achieve the freedom of wealth. If you are interested, if you have questions, if you have ideas, you are welcome to leave me a message at any time, or come to my live broadcast room to chat with me, I will do my best to provide you with the most valuable information, the most useful advice, and the most powerful support. Thank you for reading, and we'll see you next time.