---
title: "Meaning & Key Takeaway of: I've never been poor, only broke. Being…"
description: "\"I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation.\" — Mike Todd"
image: "https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg"
---

#  I've never been poor, only broke. Being poor is a frame of…

![“I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation.” quote by Mike Todd](https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg)   [Download](https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg) [Open image](https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg)

> “I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation.”

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Being financially insecure is a mindset; being broke is temporary, while poverty is a mental state.

**In simple terms:** Poverty is mental; being broke is temporary.

Key Takeaway

Shift your mindset.

Themes

finance mindset temporary

Mood

motivational reflective

Type

self-help inspirational

When to use this quote

- budgeting
- career change
- debt reduction

Key Concepts

economic psychology self-improvement

Questions to Reflect On

- How can you move from broke to stable?
- What mental shifts help financial growth?

A Different Perspective

Changing mindset alone may not solve systemic poverty.

★ ★ ★ ★ ★   No ratings yet

[Attitude](https://sms4smile.com/quotes/about/attitude/) [Frame of mind](https://sms4smile.com/quotes/about/frame-of-mind/) [Mind](https://sms4smile.com/quotes/about/mind/) [Psychology](https://sms4smile.com/quotes/about/psychology/)

## Related quotes

> [There is a difference between broke and being poor. Being broke is a temporary economic condition, but being poor is a disabling frame of…](https://sms4smile.com/quotes/john-hope-bryant/there-is-a-difference-between-broke-and-being-poor-being-broke-is-a/)

[John Hope Bryant](https://sms4smile.com/quotes/author/john-hope-bryant/)

> [“There is a difference between being broke and being poor. Being broke is a temporary economic situation, but being poor is disabling frame of…](https://sms4smile.com/quotes/john-hope-bryant/there-is-a-difference-between-being-broke-and-being-poor-being-broke-2/)

[John Hope Bryant](https://sms4smile.com/quotes/author/john-hope-bryant/)

> [“There is a difference between being broke and being poor. Being broke is a temporary economic condition, but being poor is a disabling frame…](https://sms4smile.com/quotes/john-hope-bryant/there-is-a-difference-between-being-broke-and-being-poor-being-broke/)

[John Hope Bryant](https://sms4smile.com/quotes/author/john-hope-bryant/)

> [Actors never say they're poor. They're always broke. It's always just temporary. 'Broke' is 'poor with hope'.](https://sms4smile.com/quotes/alison-arngrim/actors-never-say-they-re-poor-they-re-always-broke-it-s-always-just/)

[Alison Arngrim](https://sms4smile.com/quotes/author/alison-arngrim/)

> [Being broke is a temporary situation. Being poor is a state of mind.](https://sms4smile.com/quotes/mike-todd/being-broke-is-a-temporary-situation-being-poor-is-a-state-of-mind/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [I've been poor most of my life.](https://sms4smile.com/quotes/jermaine-fowler/i-ve-been-poor-most-of-my-life/)

[Jermaine Fowler](https://sms4smile.com/quotes/author/jermaine-fowler/)

> [I'm tired of being a nice guy, I've been poor all my life, but don't know quite why.](https://sms4smile.com/quotes/tupac-shakur/i-m-tired-of-being-a-nice-guy-i-ve-been-poor-all-my-life-but-don-t/)

[Tupac Shakur](https://sms4smile.com/quotes/author/tupac-shakur/)

> [When you've been poor, you're not really scared of anything.](https://sms4smile.com/quotes/chappell-roan/when-you-ve-been-poor-you-re-not-really-scared-of-anything/)

[Chappell Roan](https://sms4smile.com/quotes/author/chappell-roan/)

> [Being broke and poor - I mean, you grow up in the environment I grew up in, grew up hard and grew up poor.…](https://sms4smile.com/quotes/tyronn-lue/being-broke-and-poor-i-mean-you-grow-up-in-the-environment-i-grew-up/)

[Tyronn Lue](https://sms4smile.com/quotes/author/tyronn-lue/)

> [Never settle for a temporary situation. Instead, search for long term love relation.](https://sms4smile.com/quotes/lucas-hunter/never-settle-for-a-temporary-situation-instead-search-for-long-term/)

[Lucas Hunter](https://sms4smile.com/quotes/author/lucas-hunter/)

> [There is a difference between being poor and being broke. Broke is temporary, and poor is eternal.](https://sms4smile.com/quotes/anonymous/there-is-a-difference-between-being-poor-and-being-broke-broke-is/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Don't make a permanent decision based on a temporary situation.](https://sms4smile.com/quotes/magdalyn/don-t-make-a-permanent-decision-based-on-a-temporary-situation/)

[Magdalyn](https://sms4smile.com/quotes/author/magdalyn/)

> [Hard as it's difficult as you may comprehend, scarcity occurs in the mist of plenty but this is always a temporary situation in most…](https://sms4smile.com/quotes/kemmy-nola-http-wwwamoreloveforlifecom/hard-as-it-s-difficult-as-you-may-comprehend-scarcity-occurs-in-the/)

Kemmy Nola Http://wwwamoreloveforlifecom

> [“Your current condition is not your destiny. It is a temporary situation that we all have to pass through in our journey of life.…](https://sms4smile.com/quotes/osunsakin-adewale/your-current-condition-is-not-your-destiny-it-is-a-temporary/)

[Osunsakin Adewale](https://sms4smile.com/quotes/author/osunsakin-adewale/)

> [Never make a permanent decision about a temporary situation.](https://sms4smile.com/quotes/anonymous/never-make-a-permanent-decision-about-a-temporary-situation/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

## More by Mike Todd

> [Remember, you can't steal second if you don't take your foot off first.](https://sms4smile.com/quotes/mike-todd/remember-you-can-t-steal-second-if-you-don-t-take-your-foot-off-first/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [Being broke is a temporary situation. Being poor is a state of mind.](https://sms4smile.com/quotes/mike-todd/being-broke-is-a-temporary-situation-being-poor-is-a-state-of-mind/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [Giving. What flows away from you flows back magnified: Become a joyful giver.](https://sms4smile.com/quotes/mike-todd/giving-what-flows-away-from-you-flows-back-magnified-become-a-joyful/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [“If there's anything I hate is someone who questions my credit.”](https://sms4smile.com/quotes/mike-todd/if-there-s-anything-i-hate-is-someone-who-questions-my-credit/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [I spend money as if I had it.](https://sms4smile.com/quotes/mike-todd/i-spend-money-as-if-i-had-it/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [Being poor is a frame of mind.](https://sms4smile.com/quotes/mike-todd/being-poor-is-a-frame-of-mind/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

> [Beaver do better work than the Corps of Engineers.](https://sms4smile.com/quotes/mike-todd/beaver-do-better-work-than-the-corps-of-engineers/)

[Mike Todd](https://sms4smile.com/quotes/author/mike-todd/)

[Explore all 8 Mike Todd quotes ](https://sms4smile.com/quotes/author/mike-todd/)

## More Attitude quotes

> [“WE CAN'T ALWAYS CONTROL OUR CIRCUMSTANCES BUT WE CAN CONTROL OUR ATTITUDE. WE MUST BE MORE CONCERNED WITH WHAT WE DO WITH WHAT HAPPENS…](https://sms4smile.com/quotes/marvin-j-ashton/we-can-t-always-control-our-circumstances-but-we-can-control-our/)

[MARVIN J. ASHTON](https://sms4smile.com/quotes/author/marvin-j-ashton/)

> [It's not the method, it's the mindset.](https://sms4smile.com/quotes/andy-gilbert/it-s-not-the-method-it-s-the-mindset/)

[Andy Gilbert](https://sms4smile.com/quotes/author/andy-gilbert/)

> [The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white…](https://sms4smile.com/quotes/thomas-sowell/the-vision-of-the-left-full-of-envy-and-resentment-takes-its-worst/)

[Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/)

> [Changes before your eyes, things you can do and things you can't. My attitude is always let it keep rolling.](https://sms4smile.com/quotes/terrence-malick/changes-before-your-eyes-things-you-can-do-and-things-you-can-t-my/)

[Terrence Malick](https://sms4smile.com/quotes/author/terrence-malick/)

> [Vow to be valiant. Resolve to be radiant. Determine to be dynamic. Strive to be sincere. Aspire to be attuned.](https://sms4smile.com/quotes/william-arthur-ward/vow-to-be-valiant-resolve-to-be-radiant-determine-to-be-dynamic/)

[William Arthur Ward](https://sms4smile.com/quotes/author/william-arthur-ward/)

> [Don't judge me because I'm stupid. Don't judge me because I'm, mean. Don't judge me because I'm weird. Don't judge me for mistakes. Because…](https://sms4smile.com/quotes/isaiah-harden-me/don-t-judge-me-because-i-m-stupid-don-t-judge-me-because-i-m-mean-don/)

Isaiah Harden (Me

> [Your feelings (mood) dictate your thought, your thought determines your attitude (reactions) and your attitude describes your lifestyle, so: be careful how you feel](https://sms4smile.com/quotes/sheye-hassan/your-feelings-mood-dictate-your-thought-your-thought-determines-your/)

Sheye Hassan

> [Success will come when the societal attitude changes and not a single woman in America asks herself the question 'What did I do?'.](https://sms4smile.com/quotes/joe-biden/success-will-come-when-the-societal-attitude-changes-and-not-a-single/)

[Joe Biden](https://sms4smile.com/quotes/author/joe-biden/)

> [“Good Seeds! Gratitude is the Greatest Attitude that has no Substitute.”](https://sms4smile.com/quotes/bernard-kelvin-clive/good-seeds-gratitude-is-the-greatest-attitude-that-has-no-substitute/)

[Bernard Kelvin Clive](https://sms4smile.com/quotes/author/bernard-kelvin-clive/)

> [Jeff Chu's pilgrimage across America to discover his own place as a gay man in the Christian church as well as attitudes about being…](https://sms4smile.com/quotes/donna-freitas/jeff-chu-s-pilgrimage-across-america-to-discover-his-own-place-as-a/)

[Donna Freitas](https://sms4smile.com/quotes/author/donna-freitas/)

> [One genuine reason to feel jealous of my parents:-) I will never ever have a kid as awesome as their's...](https://sms4smile.com/quotes/anonymous/one-genuine-reason-to-feel-jealous-of-my-parents-i-will-never-ever/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [I'm optimistic Hong Kong will achieve universal suffrage - no matter the attitude of Beijing.](https://sms4smile.com/quotes/joshua-wong/i-m-optimistic-hong-kong-will-achieve-universal-suffrage-no-matter/)

[Joshua Wong](https://sms4smile.com/quotes/author/joshua-wong/)

> [My attitude it that you don't give in.](https://sms4smile.com/quotes/phil-taylor/my-attitude-it-that-you-don-t-give-in/)

[Phil Taylor](https://sms4smile.com/quotes/author/phil-taylor/)

> [Transparency pertains to impartial behavior, implies openness, communication, and accountability. Inculcate transparency in attitude and experience a life free of controversy and blame](https://sms4smile.com/quotes/dr-anil-kr-sinha/transparency-pertains-to-impartial-behavior-implies-openness/)

[Dr Anil Kr Sinha](https://sms4smile.com/quotes/author/dr-anil-kr-sinha/)

> [And if the mind thinks with a believing attitude one can do amazing things.](https://sms4smile.com/quotes/norman-vincent-peale/and-if-the-mind-thinks-with-a-believing-attitude-one-can-do-amazing/)

[Norman Vincent Peale](https://sms4smile.com/quotes/author/norman-vincent-peale/)

[Browse all 9,543 Attitude quotes ](https://sms4smile.com/quotes/about/attitude/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation.",
            "creator": {
                "@type": "Person",
                "name": "Mike Todd"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/mike-todd/i-ve-never-been-poor-only-broke-being-poor-is-a-frame-of-mind-being/",
            "about": {
                "@type": "Thing",
                "name": "Attitude"
            },
            "@id": "https://sms4smile.com/quotes/mike-todd/i-ve-never-been-poor-only-broke-being-poor-is-a-frame-of-mind-being/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg",
                "url": "https://sms4smile.com/quotes/i/118/mike-todd-47958_attitude_i-ve-never-been-poor-only-broke-being-po_416741.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation.” — Mike Todd",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Mike Todd",
                    "item": "https://sms4smile.com/quotes/author/mike-todd/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "I've never been poor, only broke....",
                    "item": "https://sms4smile.com/quotes/mike-todd/i-ve-never-been-poor-only-broke-being-poor-is-a-frame-of-mind-being/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/mike-todd/i-ve-never-been-poor-only-broke-being-poor-is-a-frame-of-mind-being/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
