Is Poverty a Mental Disorder?

Poverty sets limits. rich poor wealth income gap

Those growing up in poverty embrace a belief system which sets limits that often extend out to many generations.

And beliefs define your destiny in life.

That poverty-destiny mindset then becomes a blueprint for your future life.

You build a life of poverty around this mindset.

Essentially, this poverty-destiny mindset says: I was born poor, I’m a victim of my circumstances and the world in intent on keeping me poor.

That thinking and those beliefs make poverty a mental disorder.

Conversely, those with a rich-destiny mindset believe they can change their circumstances, no matter how wretched they might be. 


They then create a blueprint of their future lives that has the effect of removing any limitations.

This Rich Thinking breaks the cycle of generational poverty, enabling the poorest of the poor to achieve great things in life.

If this was not true there would be no Andrew Carnegie’s, no Oprah Winfrey’s, no Ralph Lauren’s, and no Howard Schultz’s (Starbucks).

The only limitations in life are the ones we set.


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Avatar for Property Update


Tom is a CPA, CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty and his research he identified over 200 daily activities that separated the “haves” from the “have nots” which culminated in his #1 bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals. Visit the website:

'Is Poverty a Mental Disorder?' have 2 comments

  1. Avatar for Property Update

    May 17, 2016 Christopher Howes

    “….Money is better than POVERTY…if only for Financial Reasons…”


Would you like to share your thoughts?

Your email address will not be published.


Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...