Why LOOKING Poor Is Important For Living Well

guys I've been poor middle class and I've had some wealth and I can tell you right now there's a difference between the mentality at each level in terms of how they look at money and how they look at things see poor people in America often times they want to look better than what their current financial status or situation is and so often times you'll see poor people in America make poor financial decisions in an effort to look better on the outside and feel better about their Current financial situation and middle class people in America they

want to feel good about their financial situation too and they really want to feel like they're not struggling they want to feel like they're not broke because they work so hard and you often times hear middle- class people in America say things like I want to enjoy my life too I want to have work life balance and so what happens is they end up buying things and doing things where they accumulate status symbols with money to feel better about their financial situation even though they're middle class and can pay all their bills so their decisions

are wrapped around looking better and feeling better on the outside now wealthy people in America they think a little bit different and they usually could care less about how they look on the outside or impressing people that they don't know wealthy people in America tend to have a sense of security that has nothing to do with how they look on the outside or what they have so in the rest of this video I want to explain expl exactly why looking poor is important for living well and really looking poor is really what you want to

strive for now there are some psychological reasons why looking poor is important for living well and there's also some very practical reasons so let's start off with a very practical reason why looking poor is important for living well and that is for safety reasons I mean let's just be real with it guys in certain environments appearing less wealthy can reduce your chance of theft being robbed or becoming a target for a scam or somebody who's looking to do some damage look nowadays when people have less than you they might Target you look we live in

a crazy world so keeping a lower profile can be a really good thing in a lot of instances when people know what you got you become an easier Target to people so look you don't have to have the newest this the latest that the fanciest car the biggest car or go on the fanciest vacations where snapping the photos and you're taking the Selfies to post on IG look none of that is really necessary but when you do that you set yourself up to be more of a Target potentially right it can cause some unwanted attention

and more drama than you really want right we have more and more people in this world today who have less than and they feel bad about it so just be careful that's a real practical reason why looking poor is important for Living Well now let me say this this video is not to put anybody down who may have a different opinion than I have or it's not meant to criticize anyone else in terms of how you think about money it's just my perspective now another thing is Modesty and humility guys often times can show some

respect for communities of people that just don't have a lot right it ain't always super duper fun to be flashy in a world where frankly guys there's a lot of people around you who are struggling and who are hurting and who are hungry or going without out or can't take care of their kids properly whatever it may be the struggle is real out here for some people now I'm not saying you have to look poor to make other people feel better about themselves that's not what I'm saying or to make everybody else happy and feel

good about you that's not what I'm saying at all I'm just saying looking poor can be sort of sensitive to some of the general public who simply may not have what you have even though they may have been given the opportunities to have it and it's not your responsibility for their feelings it's still a good idea to be sensitive to the environment that you're in in other words keep it on the low because after all when you downplay what you have you could really end up with more genuine relationships that are free from the potential

influence of your money and what you have honestly speaking guys when people know you have money people treat you differently and you end up not knowing if they're treating you differently because they know you have money and so they laugh at all your jokes or they pay closer attention when you talk right this happens this is real and just to be clear I'm not talking about looking raggedy looking dirty looking distraught looking disheveled all the time that's not what I'm talking about I'm just saying avoiding worrying about your outside appearance to the rest of the

world and the fact that you're going to want to avoid trying to look flashy or trying to look a certain way or wear the latest this or drive the latest that you want to avoid that now another thing to think about in terms of why it's important to look poor in order to live well is simply Financial discipline look Some people prefer to adopt a more minimalist type lifestyle or just to look poor to encourage themselves to live with more frugality and just be more disciplined with their money think about it like this by not

investing your money in looking good on the outside right with expensive clothing expensive shoes the fanciest car the biggest home whatever it may be you can ultimately save more money and of course invest and grow more money and you can ultimately reach your long-term financial goals quicker when you look poor the fact is it cost money to look a certain way right it costs to look like you have money right it takes money to look like you actually have money so looking like you have money is expensive and it's cheaper and much less expensive to

look poor it also cost a lot of time a lot of energy and emotional stress often times so think about it like this when you spend so much money on clothes and vacations and all the things on the outside to look a certain way you're really just forfeiting a lot of future wealth to look a certain way today because the truth is this if you insist on driving half your wealth and wearing the other half of your wealth you're going to have a hard time actually becoming wealthy or having some money because you're spending so

much of it on what's on the outside and what's up front to impress other people that you may not know and it's reinforcing the fact that you don't have the one thing you need to build wealth and that's discipline discipline over yourself discipline over your money discipline over your spending habits none of that all that goes out the window when you're trying to look rich on the outside right when you allow stuff to make you feel better and make you feel happy you ultimately are going to have to go back and get more stuff to

keep making you feel happy or feel better right because you're striving for this feeling of happiness that only comes with stuff that you put on the outside of you to make you feel better which is the same stuff that's robbing you of your future wealth because you want to look good and feel good on the outside today so it takes discipline to pull yourself away from all of that and that mentality that is real prevalent among poor people and middle class people in America look people who really build wealth they don't don't trip on the

stuff so much to make them happy and by the way we're talking about the wealthy people in America that has that net worth of 1 million2 million $3 million just sort of regular average wealthy people we're not talking about that Uber rich person who has $ hundred million or billionaires we're not talking about them we're talking about regular rich people most of them are self-made they didn't inherit some big old gigantic large sum of money most of them you know they're over 50 years old they saved their money over a long stretch of time and

they also invested their money well over a long stretch of time right they probably own a home but most of all they avoid a costly lifestyle that really keeps them looking a certain way but keeps them broke in the background instead they rather look poor on the outside and have money in the background these are the people who've prioritized long-term Financial stability over short-term wants and short-term stuff and short-term gratification and they focused on long-term goals like Financial Independence and Financial Security as opposed to luxury stuff so discipline is everything now these regular rich people

that I'm talking about in this video they live in modest homes Drive modest used cars give and donate to their church or other causes they believe in and they typically avoid these high-end luxury items or these high cost status symbols a lot of time when you see a wealthy person that's this type of wealthy person on the street you can't tell that they're wealthy why because their wealth is not on the outside their wealth is in the background making money and wrapped up in the things that you can't see not Cars not clothes not shoes

not purses or jewelry their wealth is in the equity in their home or their brokerage account at Vanguard or Fidelity where their money is in the stock market or ETFs and index funds they keep their wealth hidden while it's steady growing and steady going up in value and I want to reiterate guys I'm not talking about the super duper uber rich people the billionaires because when it comes to money those people are in a whole different category this video is all about that regular millionaire million 2 million 3 million in net worth the regular sort

of Millionaire Next Door type the other thing to keep in mind in terms of why looking poor is important for living well is we have to make sure that we separate what we see on social media or on TV right because what we see on social media and TV about wealth and who wealthy people are is usually false what happens to a lot of people in the poor and middle class is you end up copying and emulating these people we see on TV or social media that we think are representative of what wealthy people and

rich people really are and who they are and what they do but the key is we have to pull ourself away from that mentality that everything we see scrolling on the internet we begin to think that's real life so we got to stop sort of copying and emulating poor people who are trying to look rich or middle class people who are trying to look rich because if we're not careful that seeps into our own psyche and we sort of forget the fact that you know most millionaires aren't living like this what we see on the

internet or what we see on TV most millionaires just really don't live like that here in America so instead of copying those people copy the understated millionaire copy The Millionaire Next Door the regular rich person who you can't even tell is Rich copy that person I know it's not glamorous it's not sexy it's not fun it doesn't get you hyped up and and get you emotionally charged up to copy the regular rich person but if you really want to be wealthy you want to copy regular wealthy people copy the average millionaire as opposed to the

glamorized version of the millionaire so in other words do the understated little things out front and in the back is where you have your money going to work and working really hard for you where everybody can't see it and everybody doesn't need to see it you know keep it simple do your budget every month written down right do a net worth statement a couple of times a year make sure you have emergency money put to the side plenty of emergency money in case something goes wrong cuz it will go wrong and pay off your debts

on anything that's going down in value value vow to not take on any new bad debt on anything going down in value make it a purpose make it a part of your life to increase your assets and lower your liabilities over the next 10 15 years focus on the basics when it comes to money when it comes to investing when it comes to trying to build wealth don't be the person who wants to look good out front but in the background it's looking horrible it's looking bad real wealth guys it takes time and you as

a person as you change change and evolve over time your level of wants and things that make you feel good are going to change also because as you go along guys life goes from stuff stuff stuff to make you feel good to people and relationships and the network of people around you to make you feel good the key is to be wealthy and don't worry about looking wealthy and that's going to allow you to focus more on your personal growth and less on that fleeting material stuff that a lot of people that are in that

poor and middle class tend to think about so heavily again looking poor doesn't mean looking neglected and dirty and not taking good care of yourself right it means understanding that your appearance it's not the most important thing matter of fact it'll keep you behind if you're not careful why because it's really unnecessary to look a certain way or to try to show off what you have despite what many of us were taught when we were little where we were taught that you got to look a certain way you got to wear certain clothes you have

to present yourself a certain way in terms of your physical outside being which really guys is not as important as we thought but hey when you look poor you force people to get to know you for you not get to know you for your money or for what you have again in the meantime you want your money to be working hard for you in the background don't wear your wealth don't drive your wealth but put your wealth to work money should be making more money it should be helping people along the way right giving to

causes you agree with and you like and you understand and you want to see further in this world but it's also about making more money in the background and providing for your future so there you have it guys that's why in my opinion looking poor is important for living well please do me a favor share this video with somebody who you know smash that like button below and drop me a comment let me know hey do you know somebody who has money but doesn't look like they have money or do you know somebody who has

no money but they look like they have a lot of money let me know in the comments below hey the best person who's going to take care of the old you is the young you guys take good care of yourself and take care of other people until the next video peace