Topic: How to stay poor! - page 5. (Read 1579 times)

OP As you said, I don't think anyone would ever do this to be poor. People consider poverty as the curse of society. People now no one wants to be poor, everyone wants to live in high luxury. Now people try and do something different to earn extra money no matter what job or business they are doing. A wealthy man would never try to spend or squander his hard-earned money in a healthy mind. Because a person has to do a lot of effort and struggle to become rich. But significantly a person does not have to suffer to become poor. If a person tries to sit and eat without doing work, then he will surely become poor slowly.

Personality arises from traits and attitudes that refer to the environment as well in my opinion so in this case apart from family factors environmental factors also greatly influence our attitudes and personality so in this case it is necessary that we can maintain the environment so that we stay on the right path.
If in the end we live in an environment that is not very good then we can also get carried away. I will use myself as an example in this case because I am someone who lives in a small village and there is not much to do because there is still a lack of access in terms of facilities and infrastructure so it can be said that it is still quite backward and life feels monotonous.

When I started to get out of my zone and get a job in a big city in my country my life improved drastically because when I was in the village sometimes it was very difficult to find one item or visit a place differently when in the city centre because it could be said that all kinds of needs existed which made me more fixated on getting what I wanted to have and it was supported by environmental factors where my previous friendships also did the same thing so in this case environmental factors also in my opinion play an important role in changing the personality we have.

Most of things are just common sense, it is really just that people do neglect out even on the most basic principle of things and this is why they do missed out on doing on whats the right thing.
In regarding about on the points mentioned on how to make yourself poor then it is really that actually precise and there are indeed people who are really that doing such thing.

Most of the time when it comes to financial management then people do really fail on this one. Why? they are really that focusing on things which arent supposed to be
focused or put some importance. People would really be just focusing on things on which they do know that they could really be able to have without
even minding on what would happen in the future.

This way of living will cause anyone to become poor, but some people choose to live the lifestyle. It seems like many people were born with the attitude, they always want to impress everyone around them. Always spending their money without thinking, knowing that it won't benefit them in any way. Instead, many are used to living a life filled with unnecessary spending. I keep on wondering how they will continue with this lifestyle if they stop earning, we can't be sure that we will keep making money forever, so we must learn to budget our spending. I believe this is the reason why some people are still poor in this life.



It is quite easy to lend money to someone, but it will be very difficult for you to get it back. Many of us have done this before, which did not turn out well. But in real nobody will wish to become poor after being rich, if you try to be cheerful giver and put mouth to people's problem which is none of your business. However, there are others who live in such a way and still remain wealthy because they continue to work for their incomes.

I think most of the things OP mentioned are known in society still people do them. Only knowing won't change one's life but he or she has to work with the knowledge he has. Having the right mindset is important as a person needs to be determined about something he wants to gain. It can be financial freedom or anything significant in his life. To be rich a person needs to think like the rich and develop on the same kind of mindset so that his ambition turns into reality.

Problem here is with culture; in some family settings there are instances wherein the child of the family becomes a retirement plan. It is never wrong to help your parents but you should also mind your future. Some parents are quitting their job as early as their child graduated in College(often in my country), and that is where problem arise; the child becomes the main provider of the family which leaves him/her with nothing to save and to be used in order to generate another stream of income perhaps investment. What's ideal should be to allow the stand on its feet first; you cannot help other people if you cannot help yourself first. Well in many instances they are forced to do so but at least the family should still not 'upgrade' their expenses already just because the household is bow earning more than before. There should always be a 'margin' to anything which shows transition in order for adjustments to take place.

Unfortunately, with the list, not all people could place themselves in each number simply because we are all living under different circumstances. Perhaps you and your friend are both earning $20k per month and your family happened to have a sustainable life unlike on his end which is surviving. You managed to have investments because of your savings while he was somewhat forced by the circumstances to just work and have nothing left in him. Who's at fault in this situation then? Ofcourse many of us knows what to do in order to escape poverty however not everyone has the financial freedom to just do so.

its overall just the discipline and also how we are taught about managing the money, because sometime if we are taught to be consumptive it might hurt us financially, also there's something that need to be taken into account is some small buying spree when there's flashsale or such thing i've seen many that willing to take some loan and get in debt just for the sake of getting some stuff at cheap price while if not for the flash sale they'd definitely not gonna need it maybe forever but because of flashsale its truly make some people trying to get something that is actually unnecessary in their life.
living frugally and minimalism is actually something that contributes a lot toward our financial condition.

Yes you are right, something that is forbidden will be easily remembered, and that is proven by the many rules that are broken for example, not just in this context, but across the board. For people who take a glance and don't delve deeper into what the OP is saying, they might protest. But if it is explored further then there is a figurative meaning here so that we think more.
Sometimes it is the comfort zone that prevents us from getting out of the poverty zone, they become afraid and in the end have pessimistic thoughts, that's what we have to fix first. Because I also think that mindset is one of the important factors to avoid poverty.

I believe that a person is not born with a poor or rich mindset, but it's the situations and the environment they live in that makes them have a certain mindset as they grow up, and I don't blame a child living his whole life in poverty for not having a rich mentality or mindset because the person hasn't seen the richness of life so far, he can't even dream big because his mindset is limited to food and shelter which is what he spends his whole life for.

It also depends on the opportunities one has in their life. A child born in a poor society and a poor family wouldn't have the same education or learning opportunities that a child from a rich background would have access to, and this has a very big hand in creating certain mindsets in people from the beginning.

Take a child born in a poor family, give him all the facilities that a rich child would have, give him the same education, and see if he has a poor mentality or not when he grows up. The point is that it's the system that is to be blamed for all this and not people not having rich mentalities because they are deprived of necessities of life, and you can't expect a hungry man to wish to have a car but he would wish to get some food first.

Basically, everyone's desire is to be better in all aspects of life, so it makes sense that in their hearts, poor people have the desire to become rich. However, this does not only depend on luck, because most poor people are hampered by the lack of financial capabilities to make themselves rich. So they have to work by relying on their own muscles before they rely more on their brains when they already have capital in the form of money in their lives.

This is the cycle of life that has been going on for a long time between rich people and poor people, so that both of them also meet each other in various jobs or in various other things that can be mutually beneficial. Because most rich people need some poor people to work as workers, even though some are for smart people because only a few smart people are willing to work for rich people if they are able to earn more money independently. Meanwhile, poor people who are not smart enough will always depend on jobs given by rich people who really want to continue to maintain their status in life.

This sounds funny but it's a fact. Talking from experience, I won't advise anyone to lend someone money no matter how close relation you have with them unless you are not bothered becoming poor. You can be nice with people but don’t borrow them money. People look very responsible until you lend them money and you'll discover the evil hidden in them.


You started well but your ending part is another thing entirely. Does orientation or working hard makes someone rich? Just as you mentioned, some people are actually contented with just having the basic needs and they are not driven to achieve more and I don't see anything wrong in that as long as these needs are not lacking. Majority of us are motivated to become rich but forgetting that there is this thing called 'destiny' and not everyone is meant to be rich no matter how hard you push.

I don't like talking much about becoming rich since it's ordained. Although, working hard and smart can contribute but it's not a guarantee because there are some factors outside of your control that affect one's success. God did not promise to make everyone rich as long as you have work. He may bless you but not necessarily financially. 

One of the best way to stay poor just like op has pointed at is not to get a job doing, depending on gambling earning for everything that want. There are still people that are not ready to work most time it's not even their fault. Some persons want to work but they have not find a suitable job for themselves. We need to do everything possible for us to get something doing even though it's of a hard labour. That is the only way we can help ourselves to get something and earn so that we can always take care of our bills. Someone that does not have something doing might not have the funds to pay their bills.

I think personality partly determines their behavior, lifestyle, thoughts, and mindset. I think [1] and [2] are people I often meet in real life, at work and in my family. I have a sister who is carefree and spends very freely even though she only has one job and does not have a large enough source of additional income to accumulate for the family. I'm the opposite, I'm not carefree, my spending is too wasteful but I also don't have any additional sources of income outside of my main job. So investing in bitcoin, cryptocurrency and this can give me an additional source of income. Hopefully it will create a large enough source of income in the future to escape the current difficulty, deadlock

1 I completely agree with you
2 This rule does not work for everyone, for example, you have a successful company, all the profits of which you invest in its development, since by objective indicators this is the right choice. Or another option, you are a very sought-after employee, and only career growth awaits you further, but according to the rules of the enterprise you cannot have your own company, and there is no time to deal with stocks and cryptocurrencies
3 This proposal is not true in most cases, because the goal of most rich people is not the money itself, but the opportunities that they give, and helping loved ones is one of the basic needs of an adequate person, another thing is that you should do it wisely.
4 But trying to figure out other people's business, you gain experience. Well, if you don't take enough initiative, you'll just go with the flow.



I apologize for my poor English

Every point you made mentions the reasons why people are poor in life. Each of your points corresponds to many. Points one, two, three are matching with me. If you spend money on unnecessary things, money comes back immediately, but money is not available when you need something. Economic and living standards are deteriorating due to global financial recession. The upward movement in commodity prices is now taking its toll. And if you lend money to friends and relatives, your relationship with them will deteriorate. This point is eternally true. Which has happened to me many times.

 Quickest tip would be to avoid borrowing money or spending ahead of actually having the cash, often waiting will improve the price and quality of how you spend on an item anyway.   Often while delaying a spend I realize some detail to how or which model Im buying that is quite vital.  Rushing into a buy I often see people have to sell their first purchase and buy a different more suitable product to suit their needs.  Thats on top of the interest costs to buying.
Never lend money, never borrow it either.  If you give money and hope or appreciate in its return thats probably the closest you should get to such an idea but generally if people dont have money they will repeat that so in effect you will be giving them and its best to be realistic when doing so with either friends or family etc.

That's a fundamental aspect of human nature, the desire for a better life. The assertion that as long as humans have desires and aspirations, the pursuit of an improved lifestyle will persist is a compelling observation. Even those with modest means long for change in their lives echoes the universal human yearning for progress and betterment.

Luck is indeed a variable in one's economic status. While individuals may desire change, external factors beyond their control can significantly impact their ability to elevate their circumstances. This recognition of external constraints speaks to the challenges faced by those in less privileged situations. Rich people are portrayed as actively seeking to maintain and enhance their status by expanding their sources of income, highlighting the dynamism of their pursuit. Poor individuals striving to escape poverty underscores their resilience and determination to improve their economic standing. Not everyone can enjoy wealth and not everyone remains in poverty, It recognizes the complexity of socioeconomic mobility and the multifaceted factors that contribute to people's financial situation.

You forgot to add the most common amongst youths, remain idle. Many of the youths of this generation have given themselves out to temporary pleasures that continues to distract them from accepting responsibility of their own lives, this could be watching porn, bro like your 21, WTF  are you doing with your phone in the rest room, doing drugs and all that, and our society has contributed to this with this so called adult content that a kid, just needs to lie about their age and still have access to them and they build up early addictions that affects their lives forever. I believe to get out of poverty you must chose your shows, and by choosing your shows I mean, what you watch, what you use your time for and others. Time management is the first rule for riches. You exchange time for money said by John de rockyfella, Dont know if I spelled that right.😁

If you see the way people live their lives somewhere, you will know that the result can't be anything other than poverty. I believe they have to change for this to improve, or else, they will die poor. Especially in developing or underdeveloped countries, instead of waking up and facing their life seriously, they will always be complaining about their status and environment, they believe the government will do everything for them and they always want to engage in the most honourable jobs when they are not honourable themselves. This mentality can only keep them in poverty unless they change.

And in some people's issues, it might not be the total scarcity of money but the poverty of their mind, their mind might have been enslaved and working in a shallow manner. They would have made it much better than their present status but for procrastination, less utilization of their natural talents, complaints and laziness, they will never go far in life. Poverty itself is a mentality, you might choose what you want to become in life and act to fulfil it. I say this because a lot of rich people today started as nobody, they could be born in a very remote village where their father is a peasant farmer, but when they refuse to end like their father, despite the limited resources at their disposal, they found a way to break away and make it in life.

This is why I think nobody has the autonomy to be poor unless they choose to be poor. We have opportunities, they might not be clear but are all around us, it all depends on how we can think, solve problems of people or one way or another locate and maximize the opportunities around us to better ourselves, life and our society.

Haha, funny post once on the Internet I came across one short phrase, but it very succinctly describes the qualities that a person should have in order for him to constantly strive for wealth and success. It sounds like this:
You need to be attentive, persistent, notice potential opportunities and try to create them yourself, listening to your own intuition.
I believe that these are golden charms and everyone should remember them.

This is exactly the approach that is applicable even to our world of cryptocurrencies. And perhaps I would add here: be patient.