Migrant Success Secrets

Not to mention "protecting" your stuff (like insurance) and "housing" it (like adding on new rooms, closets and garages just to enclose all that stuff)!

And also how stuff keeps you in one place because moving it is such a problem.

And what about the emotional attachment. People who can't give up their "prize" possessions even though it would free them up in so many ways.

And also the peer pressure. Got to have what everyone else has.

Makes sense to me.

> Okay, Michael, I'm hoping I've been lurking
> here on this thread long enough to see the
> point you are driving at.

> Immigrants--most of them, anyway--arrive
> without any "stuff" (as the great
> philosopher and observer-of-life, George
> Carlin, puts it). Consequently, they don't
> have to divert any of their meager incomes
> to "maintaining and upgrading"
> their stuff.

> Example: If I drove a beat-up wreck of a
> car, I'd "have to" spend money on
> repairs to keep it running... or buy a newer
> car (probably on credit).

> Without having to spend money on maintaining
> any "stuff," immigrants are able
> to invest their meager incomes in themselves
> (e.g. education) and in their dreams (e.g.
> entrepreneurial undertakings or
> savings/investment accounts).

> Such investment becomes habit... which leads
> to long term financial success.

> In a similar vein, many "native"
> citizens come to the conclusion late in life
> that they need to invest in
> themselves--instead of buying more stuff--if
> they are going to be able to enjoy
> comfortable retirements.

> Unfortunately, most of them reach this
> conclusion with too few years left to be
> able to turn their "spend, spend,
> spend" lives around.

> Right?

> ~~Steve Rollison

"A mind once stretched by a new idea never regains its original dimensions."

Michael, you're amazing to make us think, thanks -I wonder if you 'torture' people around you this way :-)

Immigrants have cultivated a THINKING PROCESS/HABIT of living on essentials with the money they have back in their country. When they arrive in the 'better' new country, not only they have no debt, they CAN live on 'minimum wages' (minimum wages IN THE NEW COUNTRY - could be MAXIMUM back in their country) because that's
what they have been doing.

Alexander Teo
Marketing Architect


HypnoticProfit.com - Subscribe and Win BIG

> Steve:

> I like your thinking... what is forced upon
> them by their situation becomes habit.

> Let me ask... what are they sacraficing? And
> why are they being forced to?

> Michael Ross

Sure Mike,

They sacrifice comfort and luxuries. Eating in a nice restaurant is a very comfortable thing to do.

If all you earn is minimum wage would you be able to blow $30 on one luxury meal or would you be forced by necessity to make ten brown bag meals with the $30?

So yes they may have to self discipline themselves to eat no chocolate at least for a time so one day they won't have to sacrifice the chocolate.

Hunger is a great motivator and motivation is an advantage because it inspires you to take the actions or steps to success.

How hungry are you for success?

Enough to do what most people won't?

The rich get rich because they are motivated to do the simple things many won't.

They practice spending less than they earn and invest so they will have money work for them.

The poor work for money and if all they do is spend every dime they will stay poor. That doesn't make them complete failures. It's just a bad habit that can be changed for most of us IF you are hungry enough to move out of your comfort zone and grow.

Years ago in the USA new immigrants fresh off the boat were called Greenbacks or Greenies. They came seeking the almighty green Dollar but they where also green and growing because when a Migrant first arrives in a new country he or she is forced into operating outside of his or her comfort zone. That is if they want to continue to eat. So they are forced into realizing that they had better do whatever they can to save up for a rainy day. That takes self discipline because nobody else is going to do it for them.

The rich understand and practice this self discipline and most people will one day wake up and realize that they too need to practice this. But it may be to late to save up for a rainy day when you are no longer able to work for money.

Better to have money work for you.

Does money make you successful?

That I guess depends on what success means to you.

So, please tell me Michael...

Am I right or am I wrong or somewhere in between?

Steve Ski




http://www.scienceofgettingrich.net

http://www.sowpub.com/cgi-bin/forum/webbbs_config.pl?read=13728

Enjoy...

Michael Ross