give an example of rich person with scarcity mentality
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Scarcity mentality refers to the feeling that others have more and because of which u have less.
Explanation:
- Scarcity mentality results in an undesirable feeling that creates jealousy and makes an individual feel low and inferior when compared to others. They see all situations from the perspective of win-lose situation.
- Rich people admire the successful people but the poor resent the rich and successful people, this is a classic quite which speaks a lot about abundance mentality versus scarcity mentality.
- People with scarcity mindset always believe in amassing wealth and not in sharing and being co-operative
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