the rich have assets, not money.

00:43 oh, this starts well. FFS, Warren Buffet's father was a Congressman with a thriving business. Through investments that his dad allowed him to do in the family business since he was young, Buffet finished university with no debt and a sizeable amount of money, which allowed him to immediately start business partnerships. And while it's true he worked for it, his father's name opened tons of doors for him (not to mention the good money he had to back him up). He was never ever in his life in danger of "failing" like normal people are. For him, "failure" would just have meant going home and taking over his dad's business or enter politics - a FAR cry of what can happen to the average person if they don't succeed.

“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.” - Robert Kiyosaki

When you hear that his idol is Dan Lok and suddenly you're not so convinced...

my dad: PHD, biology genius my dad's boss: didn't finish first grade

Then there's Fred who gets wealthy by working his way up in a drug cartel.

"Rich sell value while the poor sell time." Very, very wise.

*My landlord* knocks on the door *Me* Go away, I'm paying myself first! *City marshals enters the chat*

This video should be re titled: the superficial differences between middle class people

This vid has some good points, but its way too much "ivory tower" with meritocracy and believing that hard work in and of itself will automatically equate to earning more and getting promoted. In reality, the ability to master the art of "office politics" and social engineering is just as critical if not more than work effort put in. There are people that work very hard, but get passed over because they don't stand out, and there are people that work far less but get promoted with raises because they figured out with areas have the most prominence and ensure their efforts are noticed by the right people. Next, it's been proven that having people save $5 a day not ordering coffee is not going to change their earnings trajectory. You'll have to make bigger sacrifices- like cutting cable, and finding ways to reduce rent/mortgage costs. Finally the old saying rings true- you're likely not going to become wealthy working for someone else- you have to think about being an entrepreneur.

Summary: 1. The rich never stop learning. 2. They sell value, not time. 3. They pay themselves first. 4. They have a growth mindset, not a fixed mindset. 5. They harness the power of delaying gratification. 6. They build multiple streams of income. 7. They surround themselves with other rich individuals.

Whenever my friends tell me to spend money I always tell them the goal is to be rich not to look rich.

One day John comes home after staying late at work again to find a note from his wife: "I'm leaving you. I can't live like this anymore. In 20 years of our marriage you never have time for me."

How do you "surround yourself with" desired people? "Hi, you're rich. I want to surround myself with you."

This is about 75% true. I was born to a broke single mother I'm worth about four million now, I'm 52. I saw a big mansion and a couple that owned it. A young man laughed because their vehicles were a six-year-old Minivan and a 3-year old Toyota Corolla. I knew that young man would never be rich. The vacation, sharing a condo across the street from the beach versus a five-star hotel on the beach would make that part more sensible.

There are many dynamics separating rich from the poor. At work I worked late every day and got my work done ahead of schedule under budget. Meanwhile other employees worked weekends just to keep up. Management praised the other employees for working weekends. My manager took on a project nobody would take. Mistakes were made by other people on the project, My manager was demoted because of it, even though we performed well. I know a person with a high school education that died with a million in the bank.

There’s lots of poor ppl who work hard and have determination too. Connections, the society and the place you were brought up in is huge too

Continuous learning won't help you climb the corporate ladder, politics will. But climbing the corporate ladder isn't how you get rich except for a very few.

There are many poor people that don't even have a vehicle or smart phone or a computer. They wear used clothes and walk everywhere they go. They can go for weeks without spending a dollar. Question: Why aren't they rich? Answer: Low paying job.

"He should read more books to get promoted" I laughed when I heard that! I strongly agree with the general ideas presented here, but my experience is that in the "real" corporate world hard work, smarts, and extensive learning and expertise aren't enough to get you promoted. Do those and become extremely good at what you do to give yourself the pleasure of putting to the lie the ideas that the corporate culture sells you. Ultimately, many of us need to start our own businesses to get "promoted".

A poor dude making a video of fictional scenarios on how to get rich. KZfaq makes anyone feel like they got something to say.

who invented this fabricated fairy tale for you ?

Having lots of money doesn't make you rich. having time to spend on what make you happy makes you reach.

I've been doing this in real life for years now. I'm making good income selling about 40-60 products per day on Amazon pretty passively... I must say I didn't see that coming, all thanks thinking of all kinds of ways to make money on the side, educating myself and betting on myself when friends and family did not believe in what was possible. No one supported me... My advice to anyone is to keep your dreams and goals to yourself, then succeed and let your success speak for you.

"What Truly Separates the Rich From the Middle Class Who Think They're Poor" would be a better title for this video. It's informative, but sadly, irrelevant to most actual poor people.

The rich guy wouldn't have blown the coffee money on a vacation, he would have invested it!

Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.

I'm gonna have to be honest with you, Bob, You see, Bob, while your video does make some excellent points between John and Tom who had similar backgrounds and similar opportunities, with John having a good attitude to work and money, while Tom had a poor one, which highlights how one managed to get rich, while the other remained 'poor'. Thing is Bob, you forgot poor Bert. Bert grew up in a working class family and lived in a working class neighbourhood and went to school that didn't have the facilities to accommodate Bert's ambitions. Bert's family couldn't afford to send Bert to a different school. Therefore Bert didn't have the same opportunities that both John and Tom had. Regardless, Bert worked hard at school and did well and went on to college, but he worked through college to help his family. Bert left school with reasonable grades, but was unable to get the kind of jobs he would have preferred. Instead he took a low paid job and hoped to gain experience that would eventually lead him to promotion and a better pay. The minimum wages he earned were barely enough to pay the bills in his studio flat, but Bert, unable to afford a latte on his way to work, put some money by each week for night classes. Unfortunately, Tom's company closed down , which meant the smaller retail outlets it owned also closed and Bert found himself out of a job. He could no longer afford night classes and despite all his best efforts, could not find a new job. Bert's future is bleak, Bob. He might, if he's lucky, get another low wage job and after several years hard labour, may one day pay off his credit card debt he's accumulated paying for dance classes for his daughter and to keep his battered car on the road. Got the picture yet, Bob? It's been a year since you posted the video Bob, but maybe Bert will see it and think his whole life has been worthless as you didn't include him in your examples.

“ Tim goes home to mope with his other loser friends” 😂😂😂

Love it when poor people try to explain to me how to be rich...

Don't even have to watch the entire video to determine that it is the same story told by many videos. A poor dude exclaiming how rich people become rich by living within their means and living frugally. But in reality people who are truly rich can afford any clothing, any style, or any venture they want. The $1800 Louis Vuitton shirt they are wearing costs them the same as what it costs you to buy coffee...

The actual difference between wealthy and poor is that you don't become a billionaire by being kind, generous, or empathetic. Poor people "pay themselves last" because they live paycheck to paycheck, meaning their rich bosses don't pay them enough money to cover their basic living expenses AND put a decent amount toward savings. I'm sure so many, myself included, would LOVE to put $500 away each month in savings and investments. But when your monthly income is $3,000/month or lower, that gets a little tricky, especially if you provide for a family. After you take out rent/mortgage, food, utilities, and all of the things you can't not pay every month, you're left with crumbs, crumbs that you still put away for a rainy day, sometimes over years, but then it gets wiped out with one car repair, one trip to the hospital, one or two months after being laid off. Sure, you can just work hard and your boss MIGHT reward you, but the reward is always more like "well thanks, better than nothing I guess". I've gotten 5 raises over 2.5 years of work at my current job, through a hellish pandemic, and I still make well under the minimum livable wage. Also, take note of the ages of those 69 (nice) self-made billionaires. Christ it's like a damn retirement community made entirely out of gold, interns' tears, and extinct/endangered animal skins. It was way easier to make a fortune before we reached this stage of hyper-capitalism. When those fuckers were the low rung of the corporate totem pole, ass kissing and working hard and playing in the stock market actually yielded results (obviously), not to mention a college education was way cheaper and wages were way fairer. But now those very people control the markets and do everything they can to prevent any assistance to their workers so they continue to be exploited, avoid any accountability by throwing their money at problems, and through legal bribery slowly work toward ensuring Mother Earth dies while they go play spaceman on Mars cuz theyre running out of ideas on how to spend their money. You made an entire video essay admiring a technique of wealth building that doesn't work or even really exist anymore. You are Fry from Futurama booing fellow poor people because you someday MIGHT be that rich. And I mean sure, there are exceptions to every rule, but while only 11 of the top 80 inherited their wealth at the time this was made, when those other 69 rich fossils finally get buried, where do you think all that wealth is gonna go? Certainly not to those who "worked hard" for it...

I have 10$ pants, 3$ shirt and 10$ shoes , what am I? Poor living on the minimum wage and unwilling to spend too much money on clothes

1. Rich and poor dont do the same job. 2. For a rich person, a job is optional. No, what this video is describing is spender vs saver. And then sprinkled with some generalizing bs.

Since 2008: We pay cash-if we don’t have cash-we can’t afford it. We live minimally and paid off all consumer debt. Worked our butts off- still do. Now we’re looking to have the house paid off early. We buy used- spend wisely. We don’t make a lot of money- but we give 10% away to live generously, save 15% and live on the rest. Yes we have kids and we save for them. Most wealthy people don’t show it. They don’t care what others think.

So true! I'll add one more : Tim rents his place, and has never wanted to make the commitment of home ownership. When he retires, he will have zero home equity and will be always having to make rent payments. John, on the other hand, bought a small starter home as soon as he could. A few years later, he bought a home he intended to live in long-term and one less expensive than the banks told him he could afford so he could finance it for no more than 15 years. John pays off this home before he turns 50 and has 15+ years to put his former mortgage payment into his retirement savings.

It's a good video except, i have never seen a boss who would reward someone for extra efforts, 100% of them are happy to exploit all of their emploeyees with words "Well done boy, you are the best"

So the difference between me and a multi-billionaire who keeps his money in a tax haven oversees is basically that I spend too much on clothes? Ah, now it all makes sense.

One thing that people always leave out is that yes, it is the mindset that separates the broke from the poor, but it's the MAJOR ACTION that is needed in order to go from one class to another...you dont get rich from working hard, or delaying gratification today ( although you earned every right to it by hard work) denying yourself a Starbuck drink each day until retirement ( which you may never see)...Moving up means taking drastic actions to get there, such as moving away from family and friends to go where the opportunities are, buying Goodwill clothes for the next 10 years just to save enough money to get that house or that business started or invest in the market. I had to give up wearing Nikes for 20 yrs just so I could buy a whole lot of NKE shares. Also had to deny myself lots of things for years just to earn my MBA and still struggling to move up a class. It's tough to deny yourself things that you work so hard for to go to a level that you may never get to. It's a tough set of decisions but are neccessary but how many of us are willing to do it...not many, which is the reason many of us are on the bottom of the pyramid holding up the rich.

Okay but what about the poor in America? Those actually in poverty. In a household that makes $15k a year? I had to work 35-40 hours a week in high school and maintained a 3.5 gpa to pay for my own college when I realized senior year my parents had no money for me. I graduated with 10k dollars and I am now working on an associate’s degree in web development. 15 credit hours, 6 hours of commute a week, 20-25 hours of work, plus hw. I’m annoyed when people who are middle class talk about being self made and struggling. Imagine everything they went through + the struggles of living below the national poverty income standard + being a first gen student + being Hispanic + paying for your own education. It’s hard to make it out when you’re actually poor not when you live in an average American household. It’s hard when siblings and those around you are falling victims to the statistics of teen mother, incarceration, and drug use. I’m learning more and more that everything is about perspective but I wish people for one second understood for one second how strong and courageous you have to be at times when you’re actually poor.

don't ever sell your labor. Make something only once- write a book, an album, a video, a movie, a line of code-and sell it to a billion people. And by all means, buy real estate.

This is complete bs. Don’t even know where to begin. It’s as far from reality as possible. An annoying peace from one of those fake motivational trainers.

After watching this now it makes sense... I am definitely john because I put in the work , always researching , increased my productivity and always helping others at work that why I got a raise this month and I treated my self to something nice. Did I also mentioned I went back to school n every year I get at least one to two certifications to improve my skills. I used to be a Tim but after hanging out with my friends who where a john I had to step up

“You will never become rich having a boss”

I do not agree with a lot with the examples, although the I ideas are correct, the examples are little bit confusing, guy, remember (rich buy assets, poor buy liabilities). And again, I agree with the ideas, but you need a better example

John makes 100000 a year and has a lot left over after he pays for everything. Tim makes 30000 a year and has nothing left over after he pays for everything.

My father one day said to me we are rich and they were pretending to be poor so as to make me humble🙄. Now I own a Lamborghini but most important I now wear cheap clothes.😎

Much of this is right from Rich Dad, Poor Dad .Some good points here: Don't waste time vegetating in front of the TV. Delayed gratification enables us to obtain nice things. People who spend money on expensive cigarettes, alcohol, & coffee can't afford basics like car repairs. Stop buying expensive stuff to impress others. Use free stuff when possible. Save before you buy. Education and training pay for themselves. Go the extra mile. People notice. Network now, before you need it.

Tim have Netflix and I don't...I'm poor than Tim ? 😭

Anyone ever consider that most people don't want to be million/billionaires? I know I don't. I just want a simple, quiet life with my basic needs met with a little left over for wants.

we're already seeing the concepts in this video play out in 2020. just wait until the evictions and foreclosures begin. I've seen several comments angry or dismissive of the content of this video. It's a little light, but does show common behaviors and mindset of those who create wealth vs those who don't. if you live above your means during times of plenty, you will struggle to survive during times of need. notice most of the businesses hardest hit are restaurants, salons, bars, travel/leisure, gyms, etc., i.e., businesses that cater to lifestyles that many who lived it couldn't afford. now that their customers are unable to pay their bills, or barely survive, these businesses are closing. There are always haves and have-nots; and the have-nots waste their energy in resentment, whining, sniveling, complaining and blaming others for their situation. That won't make a positive change in your situation. That's the mindset they will keep you poor.

This video was absolutely the most tone deaf video I’ve seen on the differences between rich and poor money management. It paints poor people as lazy, lacking priorities, and having little to no control over their impulses. This completely ignores that the poor most often come from poor families and don’t get the help that middle class and above families have to offer. And that’s before we even go into the challenges POC, disabled folks and women face. I couldn’t finish this it wreaks of privilege.

And then John got heart attack from all stress while Tim keep watching flix

A rich person makes money while he sleeps.

ABSOLUTELY!! I agree with constantly learning, reading and pushing one's self to advance in one's profession so as to increase value and income; along with side projects or advisor. Then be cognizant of spending habits and expenses so that unneeded income goes into investing and gaining assets and not debt. I love my dividends and interest income. Ha Ha @9:00 I was reminded of a Thanksgiving Dinner many years ago when I was offered a great opportunity some where between the mashed potatoes and stuffing being passed around the table.

This title is wrong: It should read, "What truly separates the upper middle class from the 1%." To truly leap from the lowest quintile to the highest quintile one must be willing to bend/break the law to get there. Either that, or become a psychopath stepping on others to get ahead. There is no legal way to make it to wealth from extreme poverty. That's why you don't hear about a kid who grew up on welfare becoming part of the 1%. If you do find one, you can call him/her a unicorn.

As you can see at 2:30, John actually got rich because he learned early that topping your plants increases yields which leads to smiley faces.

seriously... "John learned that one of his idols... DAN LOK.. invested 500k a year into continuing his learning" hahaha - what is it? a Dan Lok promotion video!? :D

I agree with everything you say and much of this is in your control. However some of us are not as socially advanced as others. Let me explain: a close friend and I have similar jobs, but he has multiple millionaire friends. He gets to go on nearly free vacations as he gets to stay at guest houses, or gets to stay free at their vacation properties, they have given him free vehicles when they go to buy a new one, he has eaten for free at some of the nicest restaurants around, etc... He gets so much from being friends with the millionaires, that he has more of his own money left to spend on himself and hence even though we make similar money, his social skills have him living WAY nicer than me. He has done me the solid of introducing me to these people, but I just don't have the social skills that allow me to make friends easily. Trust me, I have tried, but there are some SKILLS that people have and some that we don't. I am very successful in my own right and by my own hard work and will never see myself as a victim, but sometimes I am jealous of those people who get by on their good looks and a winning smile...

I have always thought that Rich does not mean luxury. The richer you are, the less the importance of the concept of money. The real cool thing about being rich is the freedom of doing whatever you want, without caring about the price. To me, sitting at an average restaurant and don't need to bother with the price tag is the coolest thing ever

Most tips are not really usable to get rich, like "John needs 500 Dollars extra for his PlayStation therefore he takes another job...." if it would be THAT EASY, there wouldn`t be any homeless people or poor people. Getting a well-paid job, or good salary raises in the existing takes months of job applications, or a good reputation in a company. One can`t go out of the entrance door highly motivated and with good mood "to quickly earn 500 Dollars more" without getting employed somewhere ;) The same goes for all these online-jobs. Like I said if it would be THAT EASY to just shovel endless amounts of money in by just owning a computer, every KZfaqr would be a millionaire, every smart person with a laptop would never in life face any financial problems.... everyone would just "build multiple streams of income" if it is that easy and earn endless cash by sitting on the couch with a laptop. The thing with the coffee on the other hand is true, if one buys useless trash-food every day to gain little instant gratifications for 3-5 Dollars daily like the example with the expensive coffee, that costs 25$ every week, 100$ every month and one is loosing 1000$ every year just for buying the daily trash-food.

It's rather "The myths on how to become a billionar". Saving automatically 500$ each month or getting a diploma won't make you are a rich person.

I'm seeing a lot of themes in this video from great books such as: Rich Dad Poor Dad (Invest In Yourself first) Mindset (Poor Mindset / Growth Mindset)

I had a manager that loved hockey. The only people that got noticed and promoted were those that could yabber on about hockey. People that were actually productive were not only ignored but seen as a threat. But he was secure blaming everyone down the line for low numbers because his boss in head office loved hockey too.

My friends make fun of me for still having a iPhone 6s when they have the latest 11 pro! I then thank them as I have stocks in Apple.

My friends and family : How are you able to go on holidays abroad so much, clearly you don't have the money for it. You always wear cheap clothes, have a small house and a shitty car. Me: Have you ever considered that is exactly the reason why i'm able to enjoy my life more than you ?

It's not about winners and losers. It's a decision you can make. Do you want to be happy right now or do you want to sacrifice now to be successful later.?

It's a sad state of affairs when the #1 piece of advice is "spend all your free time working". There are so many issues with this video and it's nuanced suggestions; mostly only applicable to the cliche' corporate ladder folk. For those of us that aren't living in "The Sims", here's a few tips to saving money: - Credit Cards: the plague. Needed to build credit (unless you're paying loans). Pay them off IMMEDIATELY. Never spend money you don't have. Period. Debt is the #1 cause of poverty. - Don't buy tech you don't need: as fun as the latest iPhone is or the next big TV sounds, you don't need it if you're fine as-is. - Insurance is always a good idea. $20/month might sound like a lot, but if your phone breaks, it could be $1000 upfront. Worst case, at least grab a 1-2 year protection plan on important purchases that might risk damage, like my computer (livelihood). - Stop eating out. It might be convenient, and we all need an escape sometimes, but for what you spend at a restaurant (or even fast food), you could grab the basics (milk, bread, eggs, cheese, deli meat) and it'll last at least a week if not more. - Pay attention to sales: I was raised on frugality - budget, and never buy what you can't afford. Always opt for the Clearance sections or at least be aware of reduced prices. Shop at outlets and buy store brands when able, especially when it comes to the Pharmacy: legally, they have to meet FDA regulations. Store-brand is literally the same as name-brand. Check the ingredients if you don't believe me. They're exactly the same. - Own, don't rent: An apartment sounds great, and for short-term it is. But if you're thinking long-term, rent-to-own or a mortgage is infinitely cheaper. Why spend $1000/month to rent when you could mortgage for the same amount and own your own house? - Dont. Buy. A. New. Car. Splurging on a recent model is a common mistake and the worst investment you can make. The second you drive it off the lot, it's resale value becomes dismal, not to mention the payments you'll be making for years to come. If you truly need a new ride, shop used, but be smart about it. You don't need a 2018 with bells and whistles. I drive an '02; I love it. - Hit the second-hand stores. Goodwill, Salvation Army, etc, you can often find some quality stuff for dirt cheap. I've found designer brands for 1/30th the MSR price. No one cares "who" you're wearing: if it fits and looks good, go for it! In essence, living an economically-positive lifestyle isn't always about stocks and corporate ladders; they don't even teach us Home-Ec these days... it's about recognizing daily ways to save money, so that when the need arises, we can afford it. If you're fortunate enough to have a position that offers bonuses or benefits, these are then tips to help save even more money.

Probably insulting to suggest that rich people never stop learning whilst poor people are lazy and do nothing productive. Poorer people have to work much harder than well off people to reach the same place.

Clothing? Try Goodwill. I buy high quality name brands for $3 instead of $75.

real rich people who dress in regular clothes always been rich. (Old money). They’re not inspired to flaunt their wealth. They always had it. Also the rich are just people like every one else: so it make since for them not to dress up all the time. Just because a person flaunts their wealth, doesn’t mean that they are poor. It could mean they are New money. Also the best way to become rich is having that Empire State of mind. Dressing the part is part of that inspiration! Perriddtt

7:24 Tim is the only one with a picture of his wife and kid on his desk. Is having a family a bad financial deal in today world?

So you're trying to perpetuate the idea that people are poor because they're lazy?! The level of generalization here is sickening. There are no statistics, no sources, it's all hypothetical examples set up like an advertisement.

What separates the rich and the poor is mindset.

The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich

I don’t care about branded clothing it’s a load of nonsense but me personally it’s only sunglasses, footwear and watches where I will spend the most on. Look after your eyes; good brand sunglasses or eyewear to protect your eyes, look after your feet; get the best brand that suits your foot health or get customs and look after your time; it is in short supply spend on the best watch you can, i prefer AP watches. All 3 are all precious if you have them.

BS! No boss would be generous and kind enough to voluntarily offer you a big bonus unless you fight telling him that you are worth it. They are stingy .

*What Truly Separates The Rich From The Poor ...... Money* ?

Intelligence and IQ? In 5th.grade my class of 100 took IQ tests and were divided into (4) segments accordingly. I attended my 50 class reunion (2) years ago and guess which group went on to become managers and business owners and earn the greatest incomes. I dropped out of high school and still went on to join my high IQ peers with a respectable portfolio upon retirement and I wasn't the only one. What separates the rich from the poor? Ask Elon Musk.

Very true with everything listed on this video. The rich constantly learn and grow take risks and know that nothing is secure and safe. While the poor think they already know everything and would rather put others down pick up a beer rather than a buck and complain that they are at a dead end job or complain that they got laid off from their job. The rich also know that anything they do outside of their comfort zone is going to be new with plenty of curveballs down their way and learn how to pivot. The average broke person will not read or change anything and act like they’re better than everyone. The rich constantly learn and grow while the poor think they already know.

'talking to the other loosers?'......what about coming back home from work and not finding a cartoon room but life issues and personal struggles? For example? What about living a life worth living one day at a time sometimes? Don't mean to offend but...yes...I have the impression this is a quite simplified version of the thing.

Economics 101: Everyone can't be a billionaire. There's a reason it's called "wealth accumulation" i.e. steal from the poor, give to the rich. EDIT: since some can't understand it simply, I'll quote The Guardian: Adam Neumann, WeWork’s now ejected founder, is making off with a $1.7bn reward for failing to achieve his vision and appearing to lose investors eye-watering sums of money. As with most tales of financial hubris and reckless over-expansion, the architect absconds with the spoils while the company’s employees pay the price. About 4,000 WeWorkers are expected to be fired. Their new chairman told them they were “taking one for the team” - one of the lesser-known features of the market’s invisible hand.

Back in the 1980s I rode my bicycle to work (10 miles round trip) to save the gas in my car. I went back to school to increase my welding skills. There are dozens of ways to save money and to get ahead in this world. I met a girl, moved to her city and changed professions. I became a certified Correctional Officer that paid twice what I made as a welder. My advice to young people: schools and tools are investments for your future.

The rich usually have a good and healthy starting position whereas if you’re born into a poor family, you are more likely to have limited world experience, mental health issues, and stuck in the mindset of always being poor. Yeah there are some cases where a really poor person became rich. But they always had help in some way, wether someone noticed them after years or they got out a risky loan to start a business etc.

*POOR* focuses on external *RICH* focuses on internal

one comedian said, "poor is a mindset, you're just broke" lol. I have to agree.

03:50 quite literally the least they could do. Saves them $1 million in expenses and bonus check is $10k.

Just a (not judging question). But don't usually middle class individuals still have a better chance at life than the poverty line ones? At least from my experience and some good friends and familys experiences as well. I actually was very poor growing up with my mom and my older sister we lived in a trailer with no gas for many months/ moved alot/woman shelters ect. she had to do favors sometimes just to get by she was also sadly mentally ill and could not work, (schizophrenia) not getting into that but sadly thats reality for some folks... But moveing on. Anyway she eventually gave up her rights to us for very good reasons I wont go into. But we then were adopted into a Christian family who both worked at regular jobs and we never had to worry about the things poor individuals have to or had to worry about every day. Poverty sucks I am so greatful (LUCKY) I was even EVER adopted. And I guess thats why it just doesn't seem like its usually poor people's fault really. Lifes just cruel for some folks. And life is amazing for others.. I dont think this pain will ever stop... but hey, Thats why we all try to make it all just a little bearable each day? Right? I think something is very flawed in the mindset some people have against the poor. And its only getting worse...

They are both wrong..."employees" Might have got a big bonus, but if he put that effort in to his own business, he'd be better off.

There are many millioners in the subway judging from their clothes then

That’s why I routinely see rich people with nothing but the best of the best of everything. This is a cute generalization/story, but it is just that. What about the part where John spent too much of his free time working and reading rather than tending to his wife and family. She divorces him and takes half of everything. Blink of an eye his life is nearing the end and he worked it all away for material things. Dies to leave it all behind. A lot of the rich may not die alone, but die lonely inside.

This may be true for rich people's day to day lives but when visiting important events or parties,from head to toe,they are worth more than what poor people make their entire lives.

What I learned from this video: I need a Latte.

"John wants to buy gaming system and TV..." wait... what???? John doesn't waste time on playing computer games and watching TV :D :D :D

But if John works that much, how does he have all these "friends" to go on a trip with?

Social connections play a huge role..

this is bourgeois propaganda, how can one persons hour of work be equivalent to anothers lifetime of work

the rich invest in profitable assets while the poor buy liabilities

Boss: thanks for saving us 1 million dollars. Here is your 10,000 dollar check. Wow that really is the least they could do! By the time Uncle Sam gets it, your check will be 4,800 dollars. The real key to wealth is running your own business, not working for someone else. Make your own luck, don’t depend on a boss to give you what he feels like you’re worth every year. Rich people own businesses, they don’t work as employees for a boss. The only boss you have as a business owner is your customers, and you can choose to fire them.

Quite far from the definition of "poor" I had in mind. There are people who are born in disavantaged environnements and cannot even access to education, let alone netflix. For some people, survival is still a priority, so the word poor shouldn't be used so carelessly. This is rather a relevant comparaison between middle class and rich individuals, and the poorness lies within the mindset of the "i want things to change but i can't be bothered to make change happen myself" middle-class individuals.