Poverty is a mindset - The rich should not be punished for thinking differently

If you're a good businessman, money will multiply in your hands and there's no stopping that. I don't know if a man can control how much he makes, especially from a thriving entrepreneurial business but I don't think he should. The concept of the rich getting richer is simply because of their mindset and financial knowledge, the poor getting poorer, or not improving financially is equally a concept of that.
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There are lots of people who would do anything to get rich but once they get there, they cannot stay rich. This isn't a result of the fact that other people make more money than they do, it's just who they have turned out to be and except they work on themselves, they cannot get richer.

So the theory is that if you stop rich men from getting richer, or put a cap on their earnings without ensuring that the poor or average man can sustain the money position they will get elevated to as a result of that, you are stifling the economic growth of both the individual and the country.

I grew up wondering why the rich kept getting richer and the poor, poorer. I was one of the people who believed that if all the rich people, government officials inclusive, came out to share some money for the rest of the masses, money would go round for everyone and we would all live better lives but growing up, I've realized that it isn't even true.

It's not about giving them the money, it's about them putting whatever money they would be receiving into appropriate use and nobody can guarantee that.

A lot of poor people don't know about investments. The ones who know don't value it, they prefer to eat from hand to mouth. So long as they and their children or benefactors have just enough to get by, they are good with it. Some people see too much money as a sin. If you take away the number of people who truly need financial help from the ones who just want to get by, it is not enough to stop a man from getting rich over.

If a man is blessed and money multiplies in his hands, the only thing that should be demanded of him is his secret. Why did he get so wealthy? What is his secret? How was he able to multiply the money in his hand when he started?

Those should be our ultimate concerns, not planning to put a cap on his wealth so that other people who may not even want such an amount of money, or know what to do with it, can have a share.

If you do a random interview on the streets asking supposedly poor people or people who aren't living well, what they want to do with a million naira if they get it now, they would be completely blank. A lot of people will first get overwhelmed then afterwards list out all their family problems and realize that the money will not even be enough for those problems.

But when a rich man is asked what he would do with a million naira, (and this doesn't mean a man rich in money, he could be rich in his mindset as well, which served as a bedrock for his progressive financial life) this man would mention givings in percentages; tithes, giving to parents, investments, miscellaneous, feeding and all sorts. Outcomes from both sources can never be the same.

I know some people would get defensive and say they don't handle the same problems but if anyone knows problems, it is a rich man.

Poverty is a mindset, nobody should be punished for that.

Instead what I think should be done is an education on the rich and poor mindset.

Let the poor be told or learn why they remain poor and how they can come out of it. They should equally be told/learn why a rich man is rich and how he stays rich.

This would produce a fairer society than the one where a cap is placed on someone's earnings because after this is done you begin to see the true nature of the people who are supposedly poor. If they are really ready to move on from their situation, they would do something about it or else, nothing changes.

I'm not supporting a system where only a few people are rich, I'm only saying that in the years of my life I have been able to discover why only a few stay rich and the rest stay poor. It is a mindset problem that most of the people in this world are dealing with and until it is solved, the few rich will be richer and the many poor will be poorer.



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14 comments
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Very well said.
Around the globe, earning pattern is increasing on a daily and nothing can stop that. Individuals are learning skills that put them at advantage to earn better.
Millennial career that make people pursue and earn better are evolving. Thinking of stopping it may just be a research that will never be solved. Let's focus on how to make ourselves for into the capacity to earn better and live comfortably and possibly leave a heritage for our next generation.

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Yes @mrenglish . We believe in a greater future for better earnings. Technology is indeed great. Every day is a new story of jobs on line. All we need to learn skills that will fix us in. Cheers 🥂.

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Majoring on the "how to" is where our focus should be, not limiting it. I was told that, "if you continue to give a man fish, he won't know what it is like catching one. So, teach him 'how to' so he could be useful to not just himself but to his family"

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Everyone wants to be rich but the problems are the opportunities and connections. Some people have it easier that is why they are richer, not through hard work sometimes.

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Hard work isn't only what makes the rich.
If you don't have connection, then, work towards the opportunity

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I agree with you to a great extent but sometimes I also feel that a person who is poor does not become poor intentionally or his mindset is not of poverty but sometimes due to some problems he has to live such a life and many times it is also seen that the person gets so burdened with responsibilities that he is not able to take out time to upgrade himself. Here we are saying that a rich person multiplies his money but a poor person, how can he increase the source of money because many times he is faced with such compulsions that he is not able to save money even if he wants to. I believe that the rich should get their full rights but those who are poor and who are exploited and are also given very low salary, then in such a situation we should do something for them too and at least we can do so much that they get income according to their expenses, and if that person is qualified and also deserving then such persons should also be given promotion from time to time.

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... I also feel that a person who is poor does not become poor intentionally, or his mindset is not of poverty but sometimes due to some problems ...

This is valid, too. Low income and too many responsibilities contribute which indeed is hard to save. Regardless, if the person is deserving of an upgrade i.e promotion or a higher pay, the person shouldn't be denied of it.

Great comment, @abhay2695 👍

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instead of cap the poor should be enlighten on the secret of rich. one thing about money is it have a spirit one's you start earning you will always what more.

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True. Money is a spirit.
I think, the poor has a little enlightenment on the secret to getting rich. Seems they are not wired for that – the reason they are still poor

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