Don T The Wealthy Present The Appearance Of Money, Too

Category: Finance.

A number of common traps keep the middle- class from maximizing their money- making potentials and succeeding in wealth creation. What Is the Appearance Of Money?

Among the most common wealth creation trap of the middle class is the" appearance of money" . The appearance of money, as might already have been guessed, is simply the need to buy and to have so that one looks like he or she( or they) have money. It is easy for the middle class to have the appearance of having money. It grows out of the need to keep up with the neighbors, to live the, to be accepted way and have the things that they feel society says they should. Easy credit, mortgages, bank loans, car and automobile loans, all are designed to give the middle class the appearance they need. By playing on the psychology of the middle class, the banks create an everlasting cash flow for themselves.

And to indebt the middle class to the banking institutions in the meanwhile. A cash flow that, although the middle class willing subjects themselves to, is at the expense of the middle class, at the expense of the middle class s financial success. But the only real way to be wealthy is to make money, and achieve lasting, create wealth financial success. As long as the focus of life is on appearing wealthy, the focus is not appropriately placed on making money. Don t The Wealthy Present The Appearance Of Money, Too? The wealthy present the appearance of money because they actually have money. It is a fallacy myth, that the rich struggle to keep up and appear wealthy.

It is not an appearance, it is their reality! The wealthy shun status and focus on the real goal, and work to, financial freedom achieve it. The reason that the wealthy have money is because they have properly placed their priorities. Once they have, the wealthy are able to buy what they want and live the life they want to because they have the financial backing to do so. As Jamie McIntyre if the 21st Century Academy says, "Many people get caught up in appearing to be wealthy, instead of becoming wealthy. " It is an unfortunate truth, but not one that is without hope of changing. The real difference between those who succeed in wealth creation and those who fail is based in a very large part in the goals set in the beginning. - The middle class( referring to those unable to move beyond a work- for- pay lifestyle) focus on getting and having things. - The wealthy focus on having money so that they can have things.

Just as appearing to be wealthy is a mindset a psychology, so, too, is being wealthy. Making that choice, and re- prioritizing, is one of the first critical steps towards wealth creation and towards really financing the life of the wealthy. The choice can just as easily be made to really be wealthy as it can be to look wealthy.