High Income: The Way to overcome a feeling of social inferiority
People want to earn high income and that’s why they work hard and focus their time and efforts to increase their efforts. This is because the high Income is the way to overcome a feeling of social inferiority.
These people don’t want to understand the long term benefits of Portfolio Building, Investment Income and benefits of accumulating Assets. Because the root of this kind of thinking are developed from their childhood.
Let me tell you one example and you will understand that What I want to make you understand.
Let us discuss the example of Mr.Google (Well, Google is a Surname here in our example).
- What Motivates Mr.Google to Work Hard?
- Why Mr.Google works so much hard?
- Why Does he spend so much?
- Why does he buy a new car every year or a two?
- Why he work over time to get a pay rise?
If you ask Mr.Google than he will argue that, because he is a competitive. But all the top most professionals are competitive in nature. But this is not the most important reason for his this kind of behaviour.
When Mr.Google was growing up, his family was amongst the middle class family. And the public school he attended was full of Rich Kids. And these rich kids were in enough numbers that they can fill their high school parking fully with luxurious nice cars. This financial disparity was the trigger factor to develop a high-status life style of mindset since his School Days.
This is because his parents were used to drive a second hand 6 years old car through out his high school. And that’s why Mr.Google promised himself that. One day he would buy all of these luxurious cars in his life and show the world that he is better.
And Mr.Google realized that this goal can only be achieved by getting a high position job in some corporate and working very hard. And thus he never focused on his Financial Education. He never focused on learning basic Investment skills. All he focused was the Income.
And again today Mr.Google is still the high income but low net worth person. He is deep in debt upto his eyeballs and now he can’t stop working hard for the rest of his life because he has to pay those credit card bills and car loan payments every month. And he does not have any Assets so he has to work hard a lot to maintain his lifestyle.
So Now you ask yourself that, Are you on the path of becoming Mr.Google? Than Stop Here and think that where are you going in the future?
People want to earn high income and that’s why they work hard and focus their time and efforts to increase their efforts. This is because the high Income is the way to overcome a feeling of social inferiority.
These people don’t want to understand the long term benefits of Portfolio Building, Investment Income and benefits of accumulating Assets. Because the root of this kind of thinking are developed from their childhood.
Let me tell you one example and you will understand that What I want to make you understand.
Let us discuss the example of Mr.Google (Well, Google is a Surname here in our example).
- What Motivates Mr.Google to Work Hard?
- Why Mr.Google works so much hard?
- Why Does he spend so much?
- Why does he buy a new car every year or a two?
- Why he work over time to get a pay rise?
If you ask Mr.Google than he will argue that, because he is a competitive. But all the top most professionals are competitive in nature. But this is not the most important reason for his this kind of behaviour.
When Mr.Google was growing up, his family was amongst the middle class family. And the public school he attended was full of Rich Kids. And these rich kids were in enough numbers that they can fill their high school parking fully with luxurious nice cars. This financial disparity was the trigger factor to develop a high-status life style of mindset since his School Days.
This is because his parents were used to drive a second hand 6 years old car through out his high school. And that’s why Mr.Google promised himself that. One day he would buy all of these luxurious cars in his life and show the world that he is better.
And Mr.Google realized that this goal can only be achieved by getting a high position job in some corporate and working very hard. And thus he never focused on his Financial Education. He never focused on learning basic Investment skills. All he focused was the Income.
And again today Mr.Google is still the high income but low net worth person. He is deep in debt upto his eyeballs and now he can’t stop working hard for the rest of his life because he has to pay those credit card bills and car loan payments every month. And he does not have any Assets so he has to work hard a lot to maintain his lifestyle.
So Now you ask yourself that, Are you on the path of becoming Mr.Google? Than Stop Here and think that where are you going in the future?
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