Broke vs poor The NOSE report
There is an enormous difference between someone who is broke and someone who considers themselves poor. Being broke refers to a current financial situation. Poor however, is a state of mind.
The person who is broke can rectify their circumstances by improving their finances. As a solution, they seek to change their strategy in a way to improve their finances. There are countless examples of an individual losing all of their money and then making it all back. Even wealthy people have gone through this cycle.
Walt Disney didn’t give up after he filed for bankruptcy in 1920. A few years later, in 1928, he founded a new company and created Mickey Mouse.
Henry Ford didn’t give up after his first company failed and went bankrupt. He got right back up and started a second company. However, his second company also went broke. Undaunted, he launched FORD in 1903.
Rowland H. Macy failed at four attempts to open successful retail stores. His fifth venture was opening a store in Manhattan in 1858. This one did well, with sales of $ 85,000 in the first year.
These are but three of numerous examples of people who have lost everything but never considered themselves poor. They were determined to continue until successful. They didn’t waste one second making excuses. They devoted all of their time and energy to turning their situation around.
The poor person has a self-image of poverty. They believe their financial situation is a result of forces beyond their control. They use poverty as an excuse to justify their circumstances.
Anyone may experience tough financial times. What you do when there, and where you go next, are the determining factors that make all the difference. Should you view yourself as a victim who doesn’t have control over their circumstances, you prevent yourself from taking corrective action.
Broke vs. poor illustrates the contrast between circumstances and attitude. Although circumstances do fluctuate, it’s your response which determines the future. Action changes circumstances but attitude controls action. So, it’s attitude which differentiates between someone who is broke and someone who is poor.
An attitude of “woe is me” leads to passivity. With this outlook, no action is taken because there is no point. This approach to life is characteristic of a victim mentality. Victims passively wait for things to get better. They passively wait for adversity to pass.
Victims blame other people or circumstances for their fate. They don’t believe they have any control over what happens to them. Where they are is a result of what has been done to them. The targets they blame include family, friends, the economy, their job, their boss, bad luck, the government, or even strangers.
A person who thinks of them self as poor has a victim mentality. If they receive guidance from anyone successful, they have limitless excuses as to why they can’t succeed. A poor person will also claim to have tried numerous strategies, none of which worked for them.
A broke person can’t wait to do whatever is necessary to improve their finances. These people know their situation is temporary. They are constantly looking for ideas and inspiration. They study successful people to learn how they have done things. A broke persons does whatever is necessary to turn their situation around.
If you ever find yourself in an adverse situation, remember that the outcome is based on your outlook. Taking the “poor” approach leaves you passively hoping and waiting for things to get better. Utilizing the “broke” strategy gets you in gear to take whatever action is needed to improve your circumstances.
Bryan is the author of “Dare to Live Without Limits.” Contact Bryan at Bryan@columnist.com or visit www. DareToLiveWithoutLimits.com © 2023 Bryan Golden.
This is the NOtSoEarly (NOSE) notification which is becoming an annual alert necessary for the preservation of society, if I may place such a heavy responsibility on a mere newspaper column. Hey, guys! This is addressed to you. It’s time to get out of your man cave. Take off the blinders. Turn off the ESPN poker tournament and look around. Get in your pickup or your used BMW; get on your skateboard. Step on it. Tomorrow is Valentine’s Day. Make a laser focused dash to Zales, Kay’s, Macy’s, or the 99 Cents Store. Or get her a Taylor Swift album. It doesn’t much matter. Well maybe not the 99 Cents Store. But you get the idea. The message is that you need to buy some gifts for your sweetie or suffer the locks being changed by sundown February 14th. Forget Lids, an all- day pass to the shooting range, or the NFL app download. Not only is the NFL season over, yours may be too if you present this as a gift for her.
If you are reading this on the way home from work and time is short, stop off at one of the street corner vendors and buy an overstuffed animal and balloons. They’ll sell you a bunch of Teflon, helium filled balloons, but be careful. If you are driving a Mini Cooper or especially a Fiat 500, don’t put too many balloons in the back seat. They will lift the rear wheels off the pavement making the car unsafe to drive. Also, if you are driving a Ford 200000 pickup with your dog in the back, do not attach the balloons to your dog’s collar. Your faithful doggie may be last seen floating to Yuma. Finally, avoid any IID checkpoints. They will pop your Teflon balloons.
They cause havoc with power lines.
It’s not hopeless. The weather is still cool enough to buy chocolates. They come in a large red box shaped like a heart. Yes. They have doilies or other odd things inside, but they are also filled with chocolates. If it’s under 85 degrees, you might get away with leaving them in your trunk while you stop off at Burgers and Beer to see your buds on the way home. But beware. Check the contents before you hand her the heart because if it has melted into one huge lump, we’ll just pray for you.
If you are under 25 years old, a dinner at Buffalo Wild Wings might be ok. A little older and Chili’s will do. All else: Fortune House or Garden, and Fujisan Japanese. Real old: Denny’s or La Fonda. It’s ok to ask for the senior discount. But if you have lasted this long as a couple, you don’t need this column as a reminder. Just remember to be nice and don’t ask her to pay the bill. Going to the bathroom when the bill arrives simply doesn’t work. Step up for this occasion. No Mickey D’s drive- thru. Show some class. Adding a chocolate milkshake to the drive- thru order is not quite what I had in mind.
All of a sudden, we are closing in on the big day. There are all these ads for Valentine’s Day romantic outings. For some, you will have to drive out of the Valley where marketing is much more aggressive and your dollars simply fly out of your wallet faster. Incredible as it may seem, there are gondola rides in San Diego Bay. Drive to Coronado Island where the Gondola Company gets high ratings. A major benefit of a San Diego gondola ride is not having to spring for tickets to Venice, Italy. The deluxe package includes a pepperoni pizza for two. So get on it. Reservations required.
Got to go for flowers. I hear my dear wife exclaiming. “Practice what you preach, Rich.”