Develop A Wealthy Attitude

The best perspective on wealth comes from a stand-up comedian. When a panhandler asks him for change with the line, “Hey, buddy, I’m broke. Can you spare anything?”, the comedian responds, “Broke? Listen, I’M broke. I’M $700,000 in debt. You’re EVEN!!”

If you want to be wealthy, you may need to redefine your concept of wealth. Do you think wealth means living in a huge house? Most millionaires don’t, because it means thousands of dollars beyond the mortgage and associated expenses to maintain this lifestyle. Debt is the opposite of wealth.

Do you think it means driving (and maintaining) an expensive car? Expensive clothes? Expensive upkeep on just about everything? This thinking is not in keeping with many millionaires’ priorities.

If you want to be wealthy and you have not read The Millionaire Next Door yet, make it the next book you read. It may change your mind about wealth and how to go about amassing it. Remember, changing your mind is still free.