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Self Talk of the Rich vs. the Poor

According to Psychology Today,, and many other reputable sites across the world wide web, self talk is more than just a confidence booster. It’s more like an internal remodeling. And it can absolutely have a positive or negative affect on your health, your intelligence, and from what I’ve seen….your finances.

Self Talk of the Rich vs. the Poor

self talk of the rich vs the poorI can already hear the hate mails coming my way…

  • “The poor can’t help their situation. Stop being ignorant.”
  • “You think the key to wealth is simply through self-talk? That’s fricken ridiculous…”
  • “You privileged white male… You have no idea.”


If you don’t think it’s possible for someone to rise from the ashes of poverty, then you must have had your head in the sand for the last hundred years.

It happens every day, and it starts with self talk.

Without proper self-talk, the poor will stay poor and the rich will lose their wealth. Our minds are our most powerful tools. And if we’re not talking ourselves into success, what chance do we have at moving up in the world?

The answer is simple – absolutely none.

No matter where you are today, do all you can to develop a mind of the rich. It’s your best chance to become wealthy.”

“I am beautiful” vs. “I wish I looked like…”

The rich are confident in their looks, no matter if they’re truly beautiful or not. By having confidence and believing in their beauty, it actually makes them more beautiful.

The poor walk around hunched over, hoping no one will point out their ugliness – even though they might be magnificently beautiful. And, when you hope to go unnoticed, your odds of success are slim to none.

“I am intelligent” vs. “I am stupid”

The rich remind themselves of their intelligence each and every day whether they have a high IQ or not. They are handed a problem and they immediately tell themselves that they’re intelligent enough to solve it.

The poor are deathly afraid making mistakes. They constantly tell themselves that they’re stupid, which is why they haven’t amounted to anything. When you truly believe that your intellect is far below all of your peers, you’ll never tackle new problems. Instead, you’ll continue working at your mediocre job with a below-average salary.

“I am powerful” vs. “I am insignificant”

The rich look in the mirror and see power. Everyone’s got questions and the rich truly believe that they’ve got the answers. Not only that, but they’ll lead you to the solution.

It’s not that they’ve always seen themselves this way, but over time they’ve realized that if they didn’t see themselves as powerful, no one else would either.

The poor constantly tell themselves, “I’m insignificant. If I died tomorrow, no one would even notice I was gone.” If this is your self talk, then of course you’re never going to be wealthy in this world!

“I can” vs. “I can’t”

No matter what, the rich tell themselves, “I can” and the phrase “I can’t” isn’t even allowed in their household. It’s a swear word that no one should utter because they know the devastating detriments that it can cause.

The poor say “I can’t” so often that it becomes their go-to response for everything.

  • “I can’t find a better job.”
  • “I can’t go to college because it’s too expensive.”
  • and “I can’t possibly change my situation. The government should help me.”

Technology is bringing down the barriers for everyone – so much so that nearly all excuses are becoming irrelevant. “I can’t” is simply a belief and hardly ever an actuality.

“Money is unlimited” vs. “Money is scarce”

The rich believe in the law of income. If they fulfill a need for a significant number of people, then they’ll earn a significant number of dollars. If they do this again and again, then there’s no limit to what they can earn.

The poor believe that there’s only so much money in this world. If that’s true and the poor don’t have enough, then the rich should be forced to hand a large portion of their money over to the poor, regardless of the effort it took to get it. You know…to make life fair for everyone.

“I love to learn” vs. “I can’t live without TV”

This is a biggie. Rich people can’t stand a day where they don’t learn something new. They read, watch documentaries, and socialize with people they can constantly learn from.

Poor people have one of two issues:

  1. They’re too arrogant and believe they know everything already, or
  2. They’re lazy and would much rather binge watch TV than open a book

Mainly, it’s the latter. When I walk into someone’s house, I can quickly tell how rich they are by the size and the number of TV’s they have in their house. The bigger the TV and the more there are, the poorer the person.

“I love overcoming challenges” vs. “Life’s hard and will always be hard. That’s just the way it is.”

The rich have an “I can do anything” mentality. And they know that the more challenges they overcome, the better life will be in the long term.

The poor do their best to dodge challenges at all costs. Life is hard already, so why not take the easy road? This of course leads to an even more challenging life for the years to come. They’re poor today and because of these choices, they’ll remain poor tomorrow.

Your Self Talk and Your Future

Your future is directly related to the talks you’re giving to yourself each day. If you find yourself in front of the mirror critiquing your body, checking your hairline, and telling yourself that you’re not good enough, then you’re on a dangerous path to disaster.

Instead, tell yourself:

  • “I am beautiful”
  • “I am powerful”
  • “My mind is superior”
  • “In the face of adversity, I can”

There’s only one person in this world that can keep you down, and that’s you. Stand up and defy the odds. Tell yourself that YOU CAN! I believe it, you believe it, and there’s absolutely no stopping you.

Battle of the Mind Money


My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. This weekend I went out with some friends and we got on the discussion of confidence. I’m single, and was out with some other single guys and I was approaching women with ease. They said, “I wish I had your confidence.” I thought to myself the next day, “Why wouldn’t I be confident, I have a great life. I’m financially well off for my age, have a house, a car, am healthy, etc.”

    It’s an abundance vs. scarcity mindset. I believe I have a lot of options in my life. Great post.

    • It’s all about the self talk Eric! Just like you wrote – you’re living well, you have a house, a nice car, you’re healthy. Sounds like you’re ready to have a great future!

  2. Another thing that boosts your confidence is to be “Somebody”. You can be Joe Bloggs – unemployed or Joe Bloggs – Job Seeker. Older people who are retired miss being somebody. I knew an elderly person who started building a model boat. Suddenly everybody started calling him the “model boat builder” instead of the silly old bugger. Try and become somebody!

    • Great example David! Having a purpose sure does make a difference, whether you have an official job or not!

  3. This is immensely true to my upbringing and my findings as a former dirt poor, farmer, pleasant kid. I asked my husband (comes from a good family) if he thought he was smarter than me (jokingly) and he said “but honey I’m smarter than most people.” And he definitely is at a lot of things like math and solving. His dad and grandpa were executives, my parents were grocery clerks. It’s a mix marriage.

    • It’s crazy what self talk can do for a person. Fortunately (and sometimes unfortunately), self talk is contagious. With their talk, our parents often pass on their internal beliefs.

  4. Late to this post, but I completely agree with it. The root of it all is attitude. If you’re positive and see options then you’ll likely succeed. If you’re negative and find excuses then you’ll stall out.

    • For sure! I agree completely Ty. Thanks for the comment!

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