I’ve never met anyone in my life who likes to lose money. My rich dad always said that understanding money management is crucial. And I’ve never met anyone in my life who has never lost money.
But I know a lot of poor people who have never lost money, who have never invested. Unlike my rich dad, they avoid taking risks.
The fear of losing money is a real thing. Everyone has that fear. Even rich people.
But it’s not the fear that’s the problem. It’s how you handle that fear.
It’s how you handle losing that matters. How you handle failure is what makes the difference in your life.
This applies to everything in life. It doesn’t just apply to money.
The difference between rich and poor people is how they handle that fear.
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