Why the poor will stay poor
By: Gorilla Digital Media
Tags: Finance, Money Mindset, Business, Entrepreneurship, Tax Reform

Why the poor will stay poor

It all started with a meme….

Source; Americans For Tax Fairness

This meme appeared on my Facebook feed

What followed were several posts, by me, pointing out the outrage train was on a journey to bankruptcy.

I pointed out that we need big companies if we want the country to remain solvent, people to have jobs and infrastructure to remain intact.

Capitalism is essential, otherwise, we end up like communist USSR.

Then this post dropped

Here is my reply…

This is why the poor will stay poor.

“I am in a slightly different place to most people as I am serving in the military and retire in a year or so.

I grew up in a crappy industrial town, parents didn’t really care about me, I was bullied for not having the right clothes, left school with average qualifications. I moved out of my parents house at 16 and worked 2 jobs whilst at high school to pay rent.

Life sucks!

I CHOSE not to become a drug dealer, criminal or statistic living under a bridge like 50% of the kids I went to school with.

The main reason I am not a multi-millionaire is fear, poor choices and a poor mindset for years.

The same reason 99.99% are poor.

That being said, despite working 50–60 hrs most weeks, shift work, having 2 young children, 10 x deployments, volunteering 10 hours a week as an ambulance medic, studying for a Masters, commissioning from the ranks, martial arts 3 times per week, mentoring junior leaders and a body clock that is shot to pieces, I still found the time to become what I am today.

-I have had 2 successful businesses, both sold at a very nice profit. One a painting company, the other a window cleaning business. Both were started with less than $15!!!!

-Currently have 3 more right now, two successful and one fledgling. Hair tattooing and 2 niche marketing agencies

-I have numerous investments that make money whilst I sleep and will provide a comfortable retirement for me by the time I am 55, if I choose to retire.

-I have properties that provide me passive income.

-My children already have a pension scheme that is self-invested in index funds that will make them millionaires by the time they are around 35–40 yo.

I am not financially wealthy, (yet.) But I am definitely a mindset millionaire.

Being broke is a mindset and a choice for 99% of people.

It doesn’t matter what your background is, religion, sex, race, qualifications, disabilities, location or 101 other excuses.

If you watch Netflix, buy fashion items, follow the Kardashians, spend on gadgets, have a car on finance, buy a house as an “asset” then you are mindset poor and will remain financially poor.

Every single person gets 24hrs in a day.

I choose not to waste hours watching mind numbing nonsense that keeps you dumb or browsing online for the latest ‘thing’.

I understand compound interest and practice delayed gratification. 99% dont, that is why you have a 1% who are wealthy.

If you can type on Facebook, you can become a millionaire.

The reason most people whine about the rich is because they would rather point and say that is not fair.

Newsflash, life ain’t fair.

99% would rather say they cant have, rather than how can I get.

For most, having the latest impulse buy, safe job with no dreams for the future is more important.

It is fear of failure and perhaps not achieving that keeps the 99% poor, not because the rich are corrupt.

Less whining and more getting off your butt and doing.

You cant Angry Birds your way to financial freedom…

Fortune favors the brave.

Elon Musk, Bezos, Gates or whoever else you want to mention didnt get there by accident.

They took great risks: financial, reputational, health, relationships and many more. They provide millions of jobs, transform the world and generate TRILLIONS of $$$ in value to the economy.

It is also worth noting that the US Tax Code is approx. 10,000 pages, around 1%… yes 1% is outlining the tax you have to pay.

99% is outlining ways you can AVOID tax!

If you don’t know this, then get your head out of Netflix, stop buying crap you don’t need and invest some time and money in your own education.

YOU are subject to the EXACT same tax code as the 1%.

Poor is a CHOICE!

That is why I stick up for them.”