The goal of the article is to identify your inner mindset related to wealth and money, which dominate most. You can identify what is your goal mindset which you want to become over time!

To travel on this journey, you need to understand the behaviour of these different mindsets and your day-to-day activities, which either keep you in one stage or help you transform to a different stage.

POOR MINDSET

This mindset is the most common worldwide. About 99.99% of people live their lives in this stage, and the primary focus is on spending. If they receive a significant amount of money, they already know what they will buy from it! They finance their day-to-day living from their work, and they expect the government of their work assigned retirement funding will finance their years of retirement.

They expect their growth from new positions, which have higher salaries, or from taking on more jobs to earn more income, but their spending adjusts for the higher income.

The most significant fact is that they expect growth from an outside factor over which they have less control, and they never get free because of this fact!

ENTREPRENEUR MINDSET

The following mindset is the entrepreneur mindset, who passionate about a topic, and creates a business that finance their day-to-day activities. When they receive a significant amount of money, they invest in their business for additional growth! They expect their future income from their business, and therefore they must increase their business to have stress-free retirement.

They are more advanced, as business risk management usually already includes some reserve for unexpected costs, so they are more resilient to the external world.

They already have some freedom, such as work time, but they are prisoners of their business - if they do it because of the business success, not because of a passion.

WEALTH MINDSET

This mindset is the most advanced. Armored with this mindset, you don't work anymore! Your money works for you, and you harvest the delicious fruit! If you receive significant money, you put it to work! Over time, you become entirely free from the stress that income means! You don't rely on external factors, such as whether you are employed or not.

The most important difference compared to the poor mindset is that they focus more on what I will save next instead of what I will buy next!

Most people who identify the benefit of this mindset retire early; we also call them FIRE (Financial Independent Retire Early). I think only this mindset can give you complete freedom in our world! Especially with the era coming where AI will do most things better than humans, there will be a more enormous demand for Universal Basic Income, aka UBI.

REMARKS

There is nothing wrong with the first two mindsets if they make you happy every day, but 99% of people work in the wrong marriage! Just think about how many people curse Monday's work start.

Even if you work in your job or business, you can build a wealthy mindset, giving you complete freedom!

Once you reach the FIRE and, you can expect to finance your day-to-day life activities without having a need for work. You are free, and you can decide what you will do!

These activities are the best, such as if you are passionate about books and wealthy enough to open and operate a bookstore without being pressured to be financially positive! Anybody who steps in will feel the passion and be served better! This way, we can create a more liveable world.

Also, you can start working, but not because you need that salary! You need some regulated activity. We are different; everybody has different needs!

If you are FREE, you can make BETTER DECISIONS!