The “Kiddy” Mindset

If you read my other article called “Peering into your true financial situation through the use of the financial statement ”, then I am sure you have heard me talk about the kiddy mindset. This is when a kiddy minded person goes up to another person and assumes that they are rich because that other person has big houses, and big cars, and nice TVs. You know, all the good-looking doodads of life. Well I am here to say that the other person is broke, and if you have ever been the other person then you must have knew someone who thought you were rich just because you have nice doodads. Well if you are then you know exactly what I mean. Which is why that person has a kiddy mindset they only se what is there but the cannot see The Unseen, and The Unseen is what really counts. The Unseen is just a term I use to describe something that a liability makes. So although you have those big houses The Unseen are the bills that the house makes for you, and though you have a big, nice car The Unseen is the car loan. The Unseen is just something that is behind the scenes that can be cause by something else. So that is why the people that say your rich when you are not have a kiddy mindset, because they didn’t fully develop their minds to see what is Unseen, and like I said that is what really counts. So if you ever find yourself thinking another person is rich you might just be experiencing a temerity kiddy mindset. Instead of thinking a person is rich look at the true the facts. Look at the financial statement of that person and see if they are really rich. (I talk about financial statements in it‘s own article. The one I described in the first sentence). If they are really rich you’ll see it in the financial statement. Also you can ask anyone the questions in order to see if they are truly rich.

In this section I’ll give these questions a name. I’ll call them the truly rich Qs. The truly rich Qs are: (and please note that a person has to say yes to all these questions in order to truly be rich.) Do you have a net worth of over 1 million dollars? Do you have more assets then liabilities (do your assets cover you liabilities)? Do you have a good extent of financial education? Do you keep 40% or more of your total income? Do you feel rich? Are you a millionaire or a billionaire? You don’t HAVE to work for your money right? Does your money work for you and if not could you stop working and be truly more than set for life? Remember if you feel the kiddy mindset coming on ask that person these question or just ask them to yourself and you will know for sure if that person is truly rich. Just be sure the answer to all these questions are yes. Just as an example Donald Trump and Bill Gates we all know that the answers to all the above questions are yes. Powerful names right? SO POWERFUL that when you look at them they seen highlighted or is it just me?