At this level are those which conform to generate sufficient income to cover their most basic living expenses are those that simply survive.
The poorest people in society (lower class or extreme poverty) that are trapped in the mindset of survival, perhaps through ignorance, lack of opportunity, not fear or have aspirations to move forward in life.
The level of comfort.
Most people belonging to the middle class are in this level of comfort. These are the people who work just enough to live comfortably. Their income is high enough to comfortably cover your monthly expenses. This category may be employees.
Comfort is the goal for people of the middle class. “I just want to earn enough to live well” “I just want to be comfortable.” These people are calm and happy with their income, without many financial problems.
The level of freedom.
This is the level where people who really want to be millionaires want to reach. Is the level where your income is so very high that you could still stop working and continue to increase your wealth.
Usually people who are at this level do not derive their income from wage or salary, but different types of businesses or companies.
The most interesting part of this level is that not only allows you to achieve financial freedom but rather more importantly, free time.
At the level of freedom are few people who can get as it is the most difficult to reach (but not impossible). The level of freedom is like an oak, survival is like weeds What takes longer to grow, weeds or an oak?
How you can reach the level of freedom?
I believe through learning and experience. But the learning that is obtained in universities, but the learning obtained from the real world.
It is through the experience earned by entrepreneurs in the real world, taking risks, making mistakes and overcoming failure.
He who seeks finds
No matter what financial level you find that socioeconomic status or belong to, you can always aim higher but that depends on the type of mentality you have.
If your mindset is to “survive” will spend the rest of your life trapped in this level. If your mind is being “comfortable” it’ll be a lifetime. If your mindset is that of “freedom” no matter who you are now surviving, you can finally do it.
I take more time and effort, but worth it. The smartest people are those that focus on freedom.
On what scale you are and where you would like to go?