Dan Martell - The Difference Between Poor People and Wealthy People

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00:00:00.000 Poor people get money and they start calculating

00:00:02.560 debt they could pay off,

00:00:03.980 the new furniture they could buy,

00:00:05.400 the trips they can go on,

00:00:06.640 the new car they could lease, et cetera.

00:00:08.220 They essentially spent the million dollars

00:00:10.020 before it's even finished the wire transfer.

00:00:12.500 The wealthy person doesn't rush

00:00:14.400 to do anything with the money

00:00:15.680 and starts considering based on their allocation

00:00:18.280 in their portfolio,

00:00:19.240 where can I get the best return

00:00:20.640 that makes the most sense for the long term?

00:00:22.560 They don't think of acquiring more stuff.

00:00:24.760 They think about it working for them.

00:00:26.840 Poor people use money to consume.

00:00:28.920 Wealthy people use money to create more money.

00:00:31.560 That is the big difference between poor people and wealthy people.

Dan Martell - April 09, 2024