What The Rich Do Differently Summary

It is no doubt that most individuals would choose wealth over living in poverty. Although most of the time the poor does not have the ability to choose their financial state, there must have been a plan of action among the rich to get them where they are. J.D. Roth posted an article named “What The Rich Do Differently: Habits that Foster Wealth and Success” in December of 2017. Roth examines factors that influence people’s wealth other than corrupt means of earning money such as drug dealing or gambling. In his article, Roth discusses about his personal experience with earning money and what he has observed among the rich which explains how they have accumulated mounds of wealth. Growing up in a poor family, Roth knew the struggles he would

Soon, his father had sold all of his luxurious possessions in order to get food on the table for the family. Roth acknowledges that he did not live in extreme poverty since he lived in a trailer. However, as he grew up, he had learned to make sacrifices in order to have savings; this was how Roth had made his way to the middle-class lifestyle. Roth says that he achieved financial success due to luck, but also changes he made to his entire perspective of money. He says that there are specific habits and attitudes the poor have when they are thinking of how far they can go in life. Roth made a list of how the rich’s outlook on life compared to that of the poor. In this list, Roth brings up obvious attitudes the rich have such as how they ask for help if they do not know something or how they know how to manage money properly. What was striking in this list was how the rich have mentors, they read everyday, they volunteer regularly, and that they know their purpose in life. Individuals who have acquired large amounts of wealth have not purely made it to the top learning from their economic mistakes; they have support and teachers who help