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Survival Mindset: It's Negative Impact on Wealth Creation.
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[QUOTE="Etini, post: 343116, member: 90141"] A survival mindset is a belief system that sponsors a person to make financial decisions and moves based only for the sake of the surviving, meeting basic needs and just going by. From social research, it has been found that a survival mindset affects the ability of an individual to make personal wealth. Here is the dangers of survival mentality to wealth creation. 1) A person working with survival mentality would only save leftovers from expenses and that's irregular and unstable. 2) A person with just a survival mindset would be unwilling to take financial risks to invest on what doesn't look like would give them short term benefits. 3) They can't even start a business to diversify their income if they are employees or create new businesses if they are business people already because they are so scared of losses. [/QUOTE]
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