#37 - Hating The Rich Will Keep You Poor

How do you feel about the rich?  While most Americans feel the rich are hardworking, only 10 percent think they are honest and one-third believe they are “greedy” and “self-centered.”  It makes sense that if most people have a Money Script (a belief) the payoff for hard work is dishonesty, greed, and self-centeredness, that they might not want to work very hard.  Money Scripts like these can keep you poor, according to Dr. Brad Klontz. Klontz.  The problem with negative Money Scripts associated with the poor is that they are only partial truths.  The article noted that many beliefs about the rich based on misconceptions.

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Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.