describe a poor man and rich man class IX
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Answer:
poor man and rich man ......
Answer:
The way a person views money and a person's understanding of its capabilities. The majority of people view money as an instrument of exchange. Wealthy people view money as instrument to acquire assets that appreciate. Money and emotions are linked together by what they purchase. Having money as a reward for ones labor verses having money as a reward for a person's decisions. We all have needs and we all have wants. The way we define the difference says alot about the way we view the world and ourselves. Value is not about cost but rather about long term benefit. I may be happy with a certain lifestyle that others spend time avoiding but that lifestyle affords less debt and greater economic capability to build long term value.
Saving Money Involves living a lifestyle that others would not. What does a person value? Wealth values return on investment that intensifies return in a monetary sense. definitions of money change all the time. Understanding intrest, and the true cost of borrowing are two of the central issues.
Rich man understandings of money.
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