Is it true that a poor mentality makes you fail to make money?

[Suba]

A poor mentality is a term that I found on social media, where the term poor mentality describes a person's mental/psychological state. So a poor mentality is not only based on the amount of money they hold or have but especially on mental factors, such as how a person views money, opportunities and risks related to making financial decisions, whether in the form of investing in stocks, crypto and business

 

[Starmix]

They could be trained; those whose minds are poor need coaching and understanding. Through constant practice and teaching, they can become mentally improved. What is important is to help them shape their lives.

 

[Springtime]

Yes, the mental state of a person can affect how s(he) manages his/her finance.

 

[eLdavis]

Yes having a poor mentality, or a poor mindset can definitely affect you when it comes to making money.

 

[pousinha]

The only poor mentality I believe that exists, has nothing to do with the philosophy that influencers spread. If John Doe was born in a large family where all its members are unemployed (a common circumstance in Latin America), no way: he hasn't a single penny to invest and when he has, he feels compelled to share his few pennies with a thousand people. Impossible to change such a state, until John Doe's family members get a job. In such a case, John Doe hasn't a poor mentality: he simply can't invest his few pennies while staring at his penniless family members while they are starving.
Now, if Jerry Doe was born in a family where all members have a job, but they starve in any way cause lavishing into one and another extravagance, this is a poor mentality. If Jerry Doe acts the same way of his family members, he develops the true poor mentality.

 

[Nomad]

Positive Mindset is important because it will make you efficient, productive, and creative, which are important for progress.

 

[King Belieal]

Making money always starts from the mind. No way you would be be thinking so low abs hope to make money.

 

[Fire&Rain]

Poor mentality affects your ability to make money. Change starts from the mindset. If you change how you think, focus more on positivity and equip your mindset with new ways to improve your life, your bank account will be happy as well.

 

[magnus2022]

Success is mental thing. Without sound mind, success will be elusive. What a lot of people don't know is that poor mentality is the cause of most of their problems. We need to improve on our thinking.

 

[Kera]

It is a poor mentality that would make one hold on to previous hurts as a basis not to work and make money.

 

[Fidelia]

Some people would have been very rich but they are yet to make a shift in their mind. There is a particular pattern of thinking that aligns you to wealth.

 

[freelancermaria]

Yes, a poor mentality can lead to bad financial decisions. I know someone who believes that others will always help her in times of need, so she feels there is no need to save for a rainy day. That is definitely a poor mentality.

 

[Min George]

Yes, a poor mentality can lead to bad financial decisions. I know someone who believes that others will always help her in times of need, so she feels there is no need to save for a rainy day. That is definitely a poor mentality.

And that entitlement mentality is one of the most dangerous mindsets that always keep people financially handicapped.

 

[Springtime]

A poor mentality will deter you to make self-improvement and taking initiatives. That will affect your opportunities to make money.

 

[Augusta]

That's right that the wsy it is.if you have a poor mentality then making money would be a problem.