I think we all have our preconceptions about wealthy people: they get tax breaks from the government, or they inherited a bunch of money from a distant relative.

Whatever the reason, many of us think that building wealth is meant for a certain type of person.

But what I’m here to tell you is, wealth isn’t always just about a number. It’s about something all of us can learn how to develop, but for some reason choose not to.

And that thing is MINDSET. So in this article, I plan on going over why mindset is the #1 thing that separates the wealthy from everyone else.

 I will also be breaking down the 5 myths about creating wealth, and the ways you can work on changing your mindset about wealth.

Wealth Starts With Having The Right Mindset

When it comes to building wealth, wealthy people believe that it can be done.

They’re always looking for ways in which they can create more wealth regardless of the situation. Instead of saying “I can’t”, they say things like “how can I.”

See when you use the world can’t, your brain shuts off and doesn’t search for ways to be creative.

But when you use words like “how can I,” the creative part of the brain starts to become more active.

Those who are not wealthy, don’t believe it’s possible to create the amount of wealth that can gain you the freedom you’re looking for.

You ever wonder why at the end of the month, you never seem to have any money?

You think to yourself, I make decent money, but why when I look at my bank account, there’s just never enough in it.

Don’t feel so bad, according to a CNN Money article, 40% of Americans wouldn’t be able to cover a $400 emergency.

It’s easy to make the excuse that you don’t make enough money, and for some, that may actually be the case.

But for many, this comes down to a money management problem.

So for those that struggle with putting a finger as to why you’re broke, below are 6 reasons why this may be the case. 

1. You Spend More Than You Make

When you sit down and really think about why you’re so broke, it comes down to simple math.

If you spend more than you make, you’ll end up with nothing at the end of each month. It’s funny because the same could be said when trying to lose weight.

If you burn more calories than you consume, then you will eventually lose weight. Of course both situations aren’t always so black and white.

As someone who followed the path of pursuing higher education with the thought that it would be the key to success in life.

I quickly learned that this wasn’t going to be the case. In actuality, it was setting me up to be something I was never meant to be.

Which was an employee. You see, I wasn’t a great student. Rarely did I get A’s and B’s in my classes.

To be honest, I finished undergrad with a 2.1 gpa, with a degree in economics.

This is after I got kicked out of school of business during my sophomore year for having poor grades.

So after graduation, like everyone else, I looked for a job even though just the thought of working a 9 to 5 made me want to throw up.

But without really understanding the alternatives, I did what I had to do to live.

It wasn’t until I read the book Rich Dad Poor Dad by Robert Kiyosaki, where many of my questions got answered.

Because of this book, I started my journey to get out of the rat race.

So What Is The Rat Race

It’s pretty much a way of living in which someone exchanges their time for money.

We all have this thought in our mind that if we work hard at our jobs, we can get the things we want. Like when trying to make more money.

We feel that we need to work hard to make more. But when we actually make more, we work even harder to make more than that.