Topic: How to stay poor! - page 10. (Read 1579 times)

The sad reality of life is that not everyone will be rich though even when richness is subjective to people. No matter how you guide and write books about ladder to success, some people will do what is going to make them happy rather than running after richness not to talk of being wealthy because having a wealth is totally different from being rich and being rich is different from average life and that is also different from been poor.

Your number 2 is also subjective; we have people who rely on a single source of income and make a lot of money, but their job takes up almost all of their time, so they don't have much time to pursue other sources of income. People who work in oil companies, particularly the top guys, devote their entire lives to it and it is their sole source of income, yet they make nearly all of the money anybody could possibly imagine since they are paid so highly.

I can do even better than that and tell you how to become poor immediately. All you have to do is buy one (1) Lamborghini

Seriously though, I think credit cards play a big role in making people poor. People spend like they're rich when they only have $1000 saved each month after necessary expenses are paid. Then they get sucked into a black hole of interest payments on just about everything.

Like saying a spoonful of comedy makes reality easier to stomach. People tend to tune out when preached to directly. Humor, especially sarcasm, makes them more responsive. It's a subtle approach to make folks think, right?

I completely agree that cellphones and drinking drain finances. I've seen these costs sneak up on people, especially in poorer societies. The marketing strategies employed by these industries are indeed aggressive. They cleverly exploit coolness social psychology. Consumer behavior often links self-worth and social status to material items. The actual cost isn't just money; it's the missed chance to invest in more important and sustainable things.

I slightly disagree with what you said that people who live from just one source of income can become poor at any time, because many people live from just one source of income and can build a house and buy a vehicle and live well. And what's more, not everyone has the opportunity to have more than one source of income. So I think it's no problem living from one source of income, the most important thing is how you can make good use of that money and not use it for something that is not needed and always save for the future.

Truth hidden in sarcasm makes more sense, because people never listen when you just preach to them.  

Do not underestimate the draining power of cellphones and alchol in people's finances. People spend huge amounts on expensive phones or contracts or even just constantly buyin "data" for their cellphones and also buying too much alchol. (A huge problem in 3rd world countries)

The two industries market their products aggresively and the "Cool" factor are being used as a marketing tool to sell more of their product. (The more expensive the phone and your drink, the more "cool" you are... ?)

To me, poverty is defined in two ways: by nature and by nurture. Why I said this is because some people that are poor today are already poor from the grassroots, although some psychological statements state that if your grandfather is poor, your father will be more comfortable than your grandfather, and you will be rich as the son, and it will continue. This will also apply to the rich, because if your grandfather is rich, your father will be less rich, and you might be poor. The process is continuous, so with this example, we are going to say some become poor due to their family history because instead of them locking in a source of income for themselves, they will end up expecting and waiting for the inheritance, which will just make them poor, but they won’t know.

And again, being poor by nurture is what Op is saying, which is what I called it: intentionally taking yourself into poverty. Because this is the stage that deals with some factors that you will engage in that will just get you more poor instead of trying to get excessive money and manage your life, but you will just start thinking outside the box and following another way that you think is the best way to get rich, which is not, although in life now getting rich doesn't depend on your hard work only but hard work and smartness because if you possess these two factors, you will get rich easily.


This is what I call genuine poor people, because those people find it hard to escape poverty. Some people are just being deceived, which is what is called standard life. You can’t live a standard life when you are not wealthy. When I say wealthy, I am not talking of rich because it is two different things because every rich person won’t buy luxurious things that are more than his worth, but when you come to poor people, that is when you will see some one with what, if sold, will sustain him and his family for some time and even create a chance for investment for him, but he won’t do that but only engage in showing up for others claiming to be rich.

should be tips to keep life comfortable happy and rich.
instead of living poor and miserable.
If a poor tip ends up being miserable, everyone can do it. All you have to do is spend it on things that are unclear and unimportant. You will end up poor and miserable in the future.

That's a great list. It highly reflects the reality, especially in depressed neighborhood.

But if I may add, since we are all part of the crypto community. If you want to stay poor,

• invest heavily in altcoins and hodl them
• constantly look for low-market cap coins and put your money there
• always hunt for that altcoin that might give you x1,000 or more profit
• makes a rush for that money and trade with high leverage
• spend a lot of time waiting and hunting for what's free like airdrops and faucets

The sarcasm you make is all true, many people will remain poor because they don't have good money control, besides that they also don't have an impact on those around them, just imagine how you can be successful when you can't help the people around you, as as a human being, you have to have a big impact on other people's lives too so that whatever you build, be it a business or a work career, will end in success and also have a smooth path in carrying it out.


Above... i included some great sentences that great people use to explain how good and bad money is, because there are still many people who don't understand the real concept of money in life, be wise in managing money, and be fair to your money ^{(for yourself and those around you)}

Indeed, sometimes we have to be a little selfish for our own good and also so that we can focus more on what we have planned beforehand, so that our goals can be achieved. However, this does not mean that we should not have good intentions to help others, but that we should do this appropriately. And a little wider, if you give something to other people, don't just because we want to feel appreciated by other people, want to get praise and praise from other people, making us behave carelessly by giving them loans or money for free beyond our capabilities. And believe it or not, if we expect something in return for what we give, then this will only lead to disappointment and loss.

And the important thing is, although sometimes this selfishness is often seen as bad by some people, to maintain a balance in life and understand and respect personal needs, being a little selfish is very important.

Well, not all people considering themselves in a dire financial situation when you say they are poor. Just like what have been listed above in the OP, some people have done it, yes they  might be poor but they are actually either contented with what they have or being afraid to step out of their comfort zone to try and alleviate their current financial situation.
Lending/giving money to family is something we do very often, but not everyone stay poor because they have done it. In a religious group they believe that "the more you give, the more you will receive". I didn't personally believe in that because everything you received is the fruit of your hardwork, but I didn't stop giving something to my family sometimes with my friends and I don't think I stayed poor because of that.

I agree with all your points but this particular one is what I’m not sure of it making someone poor if one does that. The former could be wrong while the latter is correct. Cheerful givers don’t lack too much because of their generosity to others. It is good to give out to others but shouldn’t be too much that it will make you lack something afterwards. I feel those that give out have enough to share and enough to use for themselves while those that lend are likely to get poorer faster as they keep expecting the money to be paid back and putting it into calculations also, if they don’t come back, they become some percentage poorer as days goes by.

People still get involved in this act you just mentioned and not everyone will be poor as we expected, like people spend more on unnecessary stuffs and regretting at last, the greatest poor state is when you can't afford your needs but in a situation when the person still works hard to meet up his/her needs and still spend unnecessary then the person really need help cause it's not their choice but they lack the idea of managing their money, no one should live to some else expectations cause the person might end up wounding him/herself, I think this is the major reason why people still live fake life and luxurious lifestyle to please others and gradually they're killing their future with all this and forgetting about investment or business, I don't think people live their life base on peoples opinion nowadays.

I feel like you could always learn to fail in the sense that what you do to become successful could lead you to fail and then you learned what not to do. Failing at something means that you are going to be eventually fine about it, and you will not make the same mistake again and that should return to you as something that would be awesome. I get that it is not that common, but it is not that horrible neither, we should be careful about it and we need to end up with something that will make some money.

So if you fail, use that as learning experience on what not to do and if you do that then you are going to end up with more and more ways on what not to do and whatever remains will eventually be the way you should be making money.

Those are the mistakes that people have been doing and retain themselves in being poor. Also, you can add having the poor mindset like, it's okay to be poor but we're happy.

That's always the reasoning from those people that don't want to get up with their lives and content with their living. Not a problem if they're having like that but having a poor mindset will keep them being poor.

Once they experience that it's better to have a better living to get out of poverty, they're going to be the opposite of what they've been believing all these days of their lives.

Nice points you highlighted on how to be poor. The topic might be funny but this things are real, some persons are actually doing this shit. People do all sorts of things like living above their means because they want to impress their peers or a girl. They spend their money on frivolities, live for the present, forgetting that there's a tomorrow and "he who fails to plan, plans to fail." When they finally hit rock bottom, they blame it on witchcraft not knowing that they're the architects of their own downfall.

True, those points does have also some benefits too but same as you said that the key on here would really be that moderation on which you should really be having the control on doing things on which it shouldnt really be that excessive so that oyu would really be able to make things in line or something that could really be just that fine. You would really be finding yourself being poor in the end of the line if you do really have that kind of spending on which it is really that more than that you are earning. Its a basic concept or condition on which you would really be experience those huge financial problems
if you arent that wise on making those steps or actions along the way. You would be finding yourself to be poor just because your income cant really be able to cope up on what you are spending.
Everything should be balance as it should always be but there are some people who cant.

Because of how the cost Of items in the markets can increase, there is always a temptation to spend money as quickly as possible on these items that you like as soon as you get money. it is not bad to buy things that you like but always buy them by planning towards them and making sure that you have a good plan to make certain that you do not make yourself broke while trying to impress others.

It is difficult to solve everybody's problem. Family problem does not end, if you try to be the Jesus to end it, it may just end you. Also, if you give money too much, people will start depending on you.

I agree with the first and second points that you convey, but I don't agree with the third and fourth points that you convey. Because for me wealth is a gift from God and the wealth we have now is only a gift from Him who has everything. And life is about happiness, if giving can make us feel happy, why don't you do that. And I never felt afraid, if I had to fall into poverty, just because I provided assistance to other people. because I really feel that when I was living in poverty, only a few people sympathized and understood the suffering I felt, so it was difficult for me to ask for help because they didn't care enough about the suffering.
So why not, when now I am given the financial ability, decide to be able to help as many people as possible. So that the happiness I feel at this moment can be felt by many people, especially people around me.

Not all the points are equally bad. I think the recipe for success is moderation. You can spend some money on unnecessary expenses immediately if you want to treat yourself, but not to prove a point to others. Living on one source of income can be very stable and great if you have a very good, well-paid job, and you're confident that you won't be fired from it. That can be more financially reliable than multiple unstable sources of income. Giving something back to your friends, family, and community is nice, as long as you can afford it without issues. Getting involved in some important matters, even when they don't directly concern you, isn't bad per se either.