Why 97% Of People Will Be Poor In 2021

Dear Reader,

Contrary to popular belief, “poor” and “broke” do not mean exactly the same thing. 

Both involve a lack of money. 

However, being poor is a mindset. Being broke is only a temporary condition.

People who are poor say, “I can’t afford it.” A person who instead asks, How can I afford it?” is not poor (even if she has no money) because she is thinking like a rich person. 

It is your thoughts that lead to your actions and your actions create your future.

Even when you are faced with circumstances that are outside your control, you can still control how you respond to the situation. A person with a rich mindset sees opportunities, the silver lining in the clouds. Your mindset is key.

Many people are finding themselves facing very tough times right now, financially speaking. They may be feeling angry, frustrated, bitter, depressed, and that is certainly understandable. 

What will determine if these people bounce back or stay trapped by their financial situation in 2021 will be their attitude.

If you are broke, look not only at the problems you are facing but also the opportunities. Think creatively and look for new ways to solve your financial problems. 

Chicken Littles And Cynics

Most people are poor because, when it comes to investing, the world is filled with Chicken Littles running around yelling, “The sky is falling! The sky is falling!” 

And Chicken Littles are effective because every one of us is a little chicken. It often takes great courage to not let rumors and talk of doom and gloom affect your doubts and fears.  

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded. 

My point is that it’s those doubts and cynicism that keep most people poor and playing it safe. The real world is simply waiting for you to get rich. Only a person’s doubts keep them poor. As I said, getting out of the Rat Race is technically easy. It doesn’t take much education, but those doubts are cripplers for most people.

“Cynics never win,” said rich dad. “Unchecked doubt and fear create a cynic.” 

Another one of his favorite sayings was,“Cynics criticize, and winners analyze.” 

Rich dad explained that criticism blinded while analysis opened eyes. Analysis allowed winners to see that critics were blind, and to see opportunities that everyone else missed. And finding what people miss is key to any success.

So whenever I hear people focusing on their I-don’t-wants, rather than what they do want, I know the noise in their head must be loud. Chicken Little has taken over their brain and is yelling, “The sky is falling!” So they avoid their don’t-wants, but they pay a huge price. 

They may never get what they want in life. Instead of analyzing, their inner Chicken Little closes their mind. 

Most People Have Been Brainwashed

Have we been financially brainwashed? I believe we have. The primary reason why most people cannot see what’s happening all around them is that we have been financially programmed, turned into Pavlov’s dogs, to steal from ourselves by our words. 

We mindlessly repeat mantras that cost us our wealth.

As I’ve said, words have the power to make us rich—or keep us poor. Our school system does a good job of training people to be good little employees. 

During our formative years, our families and our schools teach us to repeat what they believe to be words of financial wisdom, but in reality, they are words that train us to steal from ourselves. 

These words are mantras drilled into our consciousness, conditioning us to submissively surrender our hard-earned money. Without a solid financial education, you remain a prisoner on the left side of the CASHFLOW® Quadrant.

By removing financial education from our schools, each generation is being robbed of a future of financial freedom. 

If you want to change your life you have to change the words you say to yourself, and you must retrain your brain. This is why I say knowledge is the “new money.”

Remember When You Were Broke

Rich dad forbade the words, “I can’t afford it.” 

In my real home, that’s all I heard. Instead, my rich dad required his children to say, How can I afford it?” 

He believed that the words “I can’t afford it” shut down your brain. It didn’t have to think anymore. “How can I afford it?” opened up the brain and forced it to think and search for answers.

But most importantly, he felt the words, “I can’t afford it,” were a lie. And the human spirit knows it. “The human spirit is very, very powerful,” he would say. “It knows it can do anything.” 

Having a lazy mind that says, “I can’t afford it,” causes a war to break out inside you. 

Your spirit is angry, and your lazy mind must defend its lie. The spirit is screaming, “Come on. Let’s go to the gym and work out.” And the lazy mind says, “But I’m tired. I worked really hard today.” 

Or the human spirit says, “I’m sick and tired of being poor. Let’s get out there and get rich.” To which the lazy mind says, “Rich people are greedy. Besides, it’s too much bother. It’s not safe. I might lose money. I’m working hard enough as it is. I’ve got too much to do at work anyway. Look at what I have to do tonight. My boss wants it finished by morning.”

“I can’t afford it” also causes sadness, a sense of helplessness that leads to despondency and often depression. “How can I afford it?” opens up possibilities, excitement, and dreams. So my rich dad was not so concerned about what we wanted to buy as long as we understood that “How can I afford it?” creates a stronger mind and a dynamic spirit.

When I decided to exit the Rat Race, it was simply a question of “How can I afford to never work again?” 

Get Rich With Knowledge

As the Bible states: “My people perish from a lack of knowledge.” 

Today, millions of people are perishing because they do not know the difference between assets and liabilities. Millions are perishing because they work hard for money while governments are printing trillions of dollars, which means an increase in taxes and inflation. 

Then these same people try to save money and use bad debt to acquire liabilities, liabilities they think are assets. This is financial insanity.

After Kim and I were married, while we were building our business and our investments, we allocated three to four times a year for business or investment education.

The good thing about building a business and working on our investments was that we could apply what we learned immediately. Together, we took classes on advertising, gold, options trading, writing sales letters, foreign-exchange trading, creative financing, foreclosures, and asset protection. This is how Kim and I gained and continue to increase our financial knowledge.

There is a lot of money in the world. There are trillions of dollars looking for a home because governments of the world are printing trillions in counterfeit money, aka fiat currency. Governments do not want the world to go into a depression so they print more funny money. This is why the price of gold and silver go up and why savers are losers. 

I believe we need a real financial education before the world economy can truly recover. 


Robert Kiyosaki

Robert Kiyosaki
Editor, Rich Dad Poor Dad Daily

You May Also Be Interested In:

Expatriation is the New Black

US citizenship renunciation is expected to hit a record this year. That’s partly because of the pandemic backlog when no one could renounce. Taxes are just one reason people are leaving. Happy Tuesday! I haven’t written about expatriation for a while, as the markets and the bureaucrats distorting them have provided too much fodder to...

Robert Kiyosaki

Robert Kiyosaki, author of bestseller Rich Dad Poor Dad as well as 25 others financial guide books, has spent his career working as a financial educator, entrepreneur, successful investor, real estate mogul, and motivational speaker, all while running the Rich Dad Company.

View More By Robert Kiyosaki