Law Of Financial Momentum Revisited

December 30, 2024

How The Rich Get Richer And Why The Poor Get Poorer

Yes, I showed up late to my own party! On occasion I have to admit to being human. Holidays and family duties being what they are, I allowed myself to publish late this week.

Since we are starting a new year I thought I would revisit my first newsletter article topic. Below is a short excerpt from a book I’m writing on The Law Of Financial Momentum. At the end of this article you will find a link back to that first newsletter article from September 21, 2023 to continue the topic.

“The rich get richer and the poor get poorer.”

I’ve heard that old saying my entire life. Most often it was being spoken by my mother. She, like most people recited that saying when complaining about her current financial situation and was looking for someone to blame for her misery. That saying has been used and abused for decades and its use is showing no sign of slowing.

Who Do We Blame?

It’s always been the popular practice to blame the rich for the failures of the middle and lower classes. Studies have shown nearly two thirds of adult Americans attribute rich people’s success to them having more advantages than anyone else. Not because they might have worked harder, and not because they created something that solved a problem for millions of people.

What my mother was unknowingly doing when I was a child was planting the seeds of negativity in my subconscious programming. She was the beginning of a long line of influential people in my life that unknowingly sabotaged the mindset of a child. I’m talking about parents, other family members, teachers, friends and other influential people in my life.

It’s probably happened in your life as well. It was not malicious. They thought they were doing the right thing because it was done to them all their lives. They were trapped in that mindset and it was normal to them. In their minds it was the way the world worked. But why?

Why blame everything but the real cause? This scenario has played out time and again throughout the lives of millions of people who have grown up and become trapped in a middle class existence of financial bondage and at best sluggish financial momentum.

Is It True?

First of all, is the statement even true? Do the rich get richer and the poor get poorer. In general, yes. The statement is true.

Does anyone actually know the real reason why the rich get richer and the poor get poorer? To most people it was nothing more than a convenient excuse for not being as successful as they desired. But to those who have achieved success, those who have accumulated great riches and built their wealth it is well known. They might not realize that they know, but they put it into practice every day. It is an obvious secret. Deep down inside you already know this secret. But most don’t realize they know it. I believe the time has come for everyone to know how the rich get richer and why the poor get poorer.

If you are rich, this is why. If you are poor, this is why. You must be in control of your financial momentum. If you do not control it, it WILL control you…

You can read more by accessing my first newsletter article. Click Here. Enjoy!

Special thanks to:
​
​Momentum Lifestyle Leadership Academy for sponsoring this newsletter. Momentum Lifestyle is a leadership coaching and training community focusing on leadership, self leadership and communication. Communication issues and conflict within a team can bring down a company. We find the simple solutions to those problems for your business whether you are a small or a large team. Join our private community here: https://momentumlifestyle.com/​

That's it for this time. See you next week!

If this newsletter was forwarded to you and you would like to subscribe to receive your own weekly issue delivered to your inbox, Click Here​

​Click here to listen to the Financial Momentum Podcast

Momentum Lifestyle Network, LLC 200 University Blvd #295 Round Rock, TX 78665​
​Unsubscribe · Preferences​