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  1. #11
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    Apr 2005
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    Quote Originally Posted by Perry View Post
    It's not a matter of what actually constitutes "poverty mentality." Rather, is it not certain behaviours that indicate such a mental state is dominant?

    The usual claptrap is abroad about coffee and mashed avocado on ciabatta bread, but is the malaise not so much deeper than that? Indeed, am I being unduly harsh? Is it even fair to call it a malaise, or affliction?

    In your perception, what attributes and behaviours are strong indicators of a person possessed of "poverty mentality?"
    What is "the poverty mentality"?
    This is the first time I've heard of the phrase.
    Who invented it and where did you first hear it?

    Is it some sort of get rich quick motivational speaker mumbo jumbo or a serious sociological or psychological term?

  2. #12
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    ha.
    Silence.
    I thought so.

    Rich dad poor dad ideas in another guise I think.

    And when we scratch the surface of that particular ideology we find nothing, no money magic, nothing, just Hawaii - and what happens when it gets used as a U.S. military base.

  3. #13
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    1 of the symptoms of

    a poverty mentality

    is an endless request for answers

    as working it out yourself

    is deemed too hard
    have you defeated them?
    your demons

  4. #14
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    ha.
    I'll bite.

    If we look at this "poverty mentality" gobbledygook as a sad way of trying to figure out what makes some people rich and what makes some people poor..
    Then the answers are obvious.
    Things like impulsive behavior, short term thinking, aggressive vs passive personalities.
    Cultural norms and so on.
    Values also.

    But Eri, I really can't agree with you that: thinking about what you do before you do it, is ever a problem.
    While only thinking and never doing on the other hand, is.

    I've looked at many people who are struggling financially.
    looked really deeply, and tried to walk in their shoes.
    Sure it's a mentality.
    Can they change what causes it?
    Modern biology gives them a 50% chance.
    I say that because their social group is most of the remaining 50%.

    So, not without great difficulty.

    ps. the wider picture of poverty is mostly about wars, over population to resources and despotic governments.
    ..and.. alcohol and gambling for rich white world folks.
    Last edited by McDuck; 19-10-2018 at 06:02 AM.

  5. #15
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    Aug 2003
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    Geez don't we all suffer from it? If these really are the signs you'd be hard pushed to find someone who doesn't tick the box esp. here in NZ where we love to cut down tall poppies. Check out this list:

    Signs of a poverty mentality:

    • Belief that you are a victim of others’ decisions and choices.
    • Fear of spending money on non-essentials.
    • Constant search for cheapest alternative, even if a discomfort.
    • Obsession with getting “deals” and free entry.
    • Belief that you’re lucky when you succeed, incompetent when you fail.
    • Denying yourself as an ongoing way of life.
    • Feelings of guilt when you have more than someone else.
    • Fear of being seen as boasting when you describe a simple accomplishment.
    • Never picking up a check someone else may pick up.
    • Never feeling you have enough reserves or resources.
    • A belief you can “lose it all” despite everything you do.
    Source


    I can tick off everyone -

    cheers,

    Donna
    PropertyTalk Blog - property articles

    BusinessBlogs - the best business articles are found here



  6. #16
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    Sep 2004
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    Hastings
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    Isn't that a very USAmerican perspective?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  7. #17
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    Sep 2004
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    Hastings
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    Belief that you are a victim of others’ decisions and choices.
    Political, perhaps.

    Fear of spending money on non-essentials.
    No fear, but cautious

    Constant search for cheapest alternative, even if a discomfort.
    Do not do that

    Obsession with getting “deals” and free entry.
    If I reasonably can, yes. Obsession - no

    Belief that you’re lucky when you succeed, incompetent when you fail.
    No

    Denying yourself as an ongoing way of life.
    Don't know what that really means

    Feelings of guilt when you have more than someone else.
    Definitely not

    Fear of being seen as boasting when you describe a simple accomplishment.
    Just careful where things are said

    Never picking up a check someone else may pick up.
    Not something I relate to

    Never feeling you have enough reserves or resources.
    No

    A belief you can “lose it all” despite everything you do.
    Always a possibility, but very unlikely and not something to dwell on.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  8. #18
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    Sep 2004
    Location
    Hastings
    Posts
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    Quote Originally Posted by Learning
    OK I've got the wrong idea of what this "poverty mentality" is. I pictured people who were halfway between poverty and average wealth
    That's my fault for not explaining well enough, just what I meant.

    I was thinking of those people who can't (or perceive they can't) break free of what might be called the 'daily grind.' People who have little savings; who can't see how to save more; who can't or won't grasp (or even recognise) an opportunity, even if it carries some risk; who assert that they're hard done by to the next person at the counter at McMalnutrition when ordering burgers, fries and soft drinks for the family; who think they must have the latest dumbphone; a flash car; who see sacrifice today to achieve something tomorrow as a no-no; who have multiple credit cards all 'maxed out' and only pay off the minimum, each month; who are jealous of and complain about others who can better manage those things and get ahead; and so on.

    In an analogous way to Donna's observation, at some point, many PT Forumites may've been in that position. What was it that lifted the veil from their eyes, so they could see and recognise for what it was, a golden opportunity and seize it with both hands? What enabled them to break free of those fetters to success?

    Rumour has it that the library has many books on the subject.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #19
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
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    Some of the "Breaking out" occurs when big things can be broken down in to little bites, but equally it can trap those that dont have the financial discipline required.
    A $3 mil mortgage just seems too scary to most, but break it down in to 200k here & 300k there across multiple properties & suddenly the scariness disappears.
    I guess thats why HP is so attractive to the less well off, $2k TV is impossible for them to come up with in one go, but break it down to $50 pw & the 2k (3k after fees & interest) becomes irrelevant, only the $50 pw, which sounds so much less.

  10. #20
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    Apr 2005
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    Quote Originally Posted by Perry View Post
    That's my fault for not explaining well enough, just what I meant.

    What was it that lifted the veil from their eyes, so they could see and recognise for what it was, a golden opportunity and seize it with both hands? Rumour has it that the library has many books on the subject.
    Ah.

    I get you now.

    I can't say that I remember ever having a different mindset.

    Even from when I was a very young duck, before my gold rush days.

    I do know that all the older McDucks thought just like me.

    They were always pointing out smart ways to deal with money, and excited about new ways to go off on some new adventure searching for more it.

    The fact that those pesky beagle boys want my money so bad, well that makes me want it even more.

    So I guess my answer will have to be, those people at the counter spending their coins on junk food, well, there just not McDucks


 

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