The Cost of Being Cheap: How Penny-Pinching Shrinks the Economy | Garrett Gunderson 

That's The point. The poor need to think like the rich.

I have literally seen people try and save money while shooting themselves in the foot. Here's a small example. I am partnering with an automotive business. They have a tablet because it came with a 'deal' on their internet plan. They had the opportunity to pay a little more for an iPad over an economy grade Samsung tablet. Without consideration to the hours of time they'd waste trying to run the cheaper tablet, additional utility not withstanding, they may have saved $100. Their labor rate was $120/hr. Imagine if they had made their decision in light of both the utility of the iPad(Better marketing images, more functionality for shop management software, etc.) and the time savings potential of maybe 2 to 3 hours per week. That's at least $240 in productive time savings per week. Per year that's $12,480 in time savings and additional earning potential over one small decision. That still doesn't take into account the better marketing benefits and increased customer count as a result. I'm trying to illustrate the difference between scarcity thinking and abundance(opportunity) thinking. If they make the wrong decision in this one area, how many decisions have they made incorrectly in other areas? Look at what just $100 produces in this scenario! They might have to hire another employee to handle the additional workload as their results from wisely investing just $100 in the right direction brings them more customers from marketing and 10s of thousands more dollars in business! On a side note, I'm partnering with them because I believe in the quality of workmanship they provide. But I can see all of these little things that are holding them back. I stand to benefit greatly if I can move them from the scarcity mindset to an abundance mindset in these areas. Poor people don't see opportunities when they see problems. They see lack. That's why the rich take 99% my friend.

ungrateful millennial brat. Show some respect to this man, he helps people get out of poverty.