How to stay poor! - page 7. | Bitcointalksearch.org

goldkingcoiner

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money". Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.

I trust you all get the sarcasm as conveyed.

The "living on one single source of income" is the biggest mistake that I have seen people make. I mean, seriously, why would anyone put all their eggs into one basket (their job)? What if they lose their job? A lot of people seem to think that they cannot lose their job because their boss is such a nice guy or because they are so important to the company because they have been working there for so many years...

But the reality is, no matter how long you work at your job, if your company decides you are not needed, your loyalty means nothing.

Fortify

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money". Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.

I trust you all get the sarcasm as conveyed.

Many people will do these sort of things in their younger years, especially as they try to impress the friendship group or even just aimlessly trying to find a purpose in life. It can actually be good to experiment with a variety of different technologies, devices and experiences because it can unlock new ideas in people. However it can also keep you somewhat suppressed and a lot of money goes into marketing to separate you from your hard earned money, even when it's junk being offered. I personally have no idea how Apple has grown so big and has a continuing following of people, where they are able to release a "brand new" phone every year for thousands of dollars with very little distinguishing it from prior models.

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Quote from: Obim34 on January 10, 2024, 09:41:41 AM

Quote from: electronicash on January 10, 2024, 09:29:14 AM

nice. this should be what is sent to those big names on Wall Street guys. they have a lot to learn in becoming poor. if they are just doing their best to become poor, they wouldn't have to struggle to spend their money. they are so incompetent in doing it. i would be glad to really help them for free by following OP's tips. i would suggest being the first to get a loan from anyone who wants to be poor and later sign an agreement to void the loan.

Yoh... Honestly I'm being really cracked up right now, who in the world will want to get poor. For real most people won't say it out but their actions says more of what they choose to become.

I don't know if being poor comes with specific benefits, then if not why do people keep living the lifestyle at which OP mentioned, could it be they are tied to limited knowledge.

Being poor doesn't come with any specific benefit. OP took time to highlight things that could lead a productive person and hard-working person to remain poor. To be sincere what he had said so far should be taken into consideration. If we consider the nature of our economy, we see that the cost of things is going so high. This advice goes to individuals who are not yet financially buoyant and are struggling to start a good paying job or a business. Now is the time to avoid unnecessary expenses and focus on achieving that business that will take us out of poverty.

If you calculate the money spent on drinks, parties, uninvited events and unnecessary gatherings. It's enough to starts business if we saved them simultaneouslyh in the long run.

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

~snip

There are a number of items you can add to your list:

- Keep your money in national currency so that inflation will destroy its value even faster and this will bring you closer to poverty. Better yet, keep your savings in banks at microscopic interest rates, sponsoring the beautiful life of bankers.

- Neglect investing in bitcoin and remain an active hater of it due to the fact that it is a ponzi-pyramid-scam scheme.

If everyone on this topic adds at least a couple of new points, then it will be possible to compile a full-fledged collection of harmful advice.

doomloop

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Quote from: retreat on January 11, 2024, 01:55:51 AM

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.

But most people who have one source of income are already poor, so they can't become poor anymore lol. Some can have a nice house and a vehicle but many of them just loan it in the bank. And these people can say that they are still poor. Some won't honor it because they have a braggy attitude.

I believe on the saying that if we badly want to, we can make it possible. What limit those people to have more than one source of income? Is it because their current job is too time-consuming? But they can always replace it with another job which offers it. But it's still up to them. If they are already contented with their current lives, and they are not struggling financially, why not?

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Quote from: oktana on January 12, 2024, 02:12:19 AM

The first one is really common and I have made certain observations about it. I have noticed that a lot of people have ideas as to how to spend their money wisely and solve their needs, but immediately the money actually come, it becomes as if they forgot that they had ideas and spend it carelessly. Sometimes it’s powered by trying to belong, sometimes it is not. The fourth one doesn’t seem like something that will make one stay poor though. It’s just basically how to make enemies which doesn’t amount to being poor.

The first point and the fourth point are very different and if anyone has ever found someone who spends money carelessly when they already have money, even though previously he had said it was a wise idea to use money. This means that someone has a lot on their mind so that their brain cannot think normally and it is easier for them to forget what they have said to themselves before. Meanwhile, the fourth point is only to make it difficult for other people to judge or guess what conditions we have experienced so far.

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It was easy to stay poor - have to keep the mindset of poor.

- bad spending habit
- changing a lifestyle like living a millionaire one day after getting a salary
- don't think about investing instead, give your money to others
- never think of the better future

Even if you have $ 1 million today, for just a few months you will become poor already if did all of these things.
But people don't like to live poor forever and so they want a change in life and start a new beginning.

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Poor people always have a poor mindset, people who are in the lower class don't have opportunities their goal is as long they can survive daily even if they want to earn savings to increase their lifestyle still the hard part for them to be low skills and of course educational background we cannot blame them life is unfair, but for the people in the low middle class or up to middle class they have the chance to makes them changes of their life but one of the mistakes in this class is lifestyle inflation that they can't avoid and keep wasting so much money instead of trying to make a business mindset they keep spending because they have regular work and regular source of income so they are confident to spend, but once you change your mindset what peoples need, what community need you'll grab an opportunity on this to change your life and have financial freedom.

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Quote from: CageMabok on January 11, 2024, 10:39:19 AM

Quote from: itorai on January 11, 2024, 09:25:49 AM

Many things can affect a person's financial condition including sites where a person is difficult to get a job so that it will affect his economic condition and will be an obstacle in meeting his needs.

That is why everyone must have intelligent thinking in seeing every job opportunity that does not necessarily have to be in their own environment. Examples include jobs such as blog writers and content creators which rely more on the internet network apart from accurate data presented to readers or viewers on the platforms we use. This means that work is no longer limited to the surrounding environment, but as long as someone has ideas and the willingness to work anywhere, of course that person will have a job that is even much better than the work in their own environment.

I see many people who understand the difficulty of getting a job, which of course affects their financial condition, as I stated above, but on the other hand, your point highlights the importance of having an open mind to job opportunities outside the context. And if possible they will also look for job opportunities that can be accessed through the internet as you said earlier. Most people find it difficult to start from where, which makes it confusing to come up with a good idea, I think it's simpler if someone works for someone else than having their own job, because if someone works for someone else it is usually organized and there is already a concept from the company that makes it easier to live with.

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.

Won't make you poor but I got to tell you that this one will definitely risk you shortening your lifespan especially if you're meddling with people that are fighting, you never know if a shooting or a stabbing will happen with you getting caught in the crossfire.

Quote from: Dr.Osh on January 12, 2024, 12:41:12 AM

well, even without this suggestion, I think everyone knows how to be poor. I say that, because everyone struggles to get out of poverty, and continues to work hard to make a lot of money.

That's not really the point of the list, it's a sarcastic way of saying that these aren't the stuff that you should be doing to make yourself earn some money. You clearly missed the point my guy and that's okay.

Another thing that can help you stay poor is be generous as much as you can, never learn to say no and always try and earn the approval of the people that don't matter to you.

Bitco55

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Quote from: Apocollapse on January 10, 2024, 05:46:39 AM

Say that to women to get a better replies. Tongue

They will says:
1. Well, that's my life why you need to judge me, mind your own business.
2. Men always like pretty girl, I want to become a pretty girl, that's why my maintenance costs e.g. skincare, nice outfit, nice car are high.
3. You only live once, no one know how long you will life, just enjoy your life.
etc.

Err... So basically you're just trying to say women have more tendencies of becoming poor than men do ?
Whatever good you do for yourself is an investment. Please, let us know the difference between investments and spending on unnecessary things. Those who invest in themselves always gain huge interests return.

And to be honest, I think the number one thing that actually makes a person to remain poor is the inability to give. Let that money go and bring you more wealth, keeping it with you won't get you any blessings. Not saying you should be a philanthropist or anything, but deciding not to give out when necessary would cause you huge losses.

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The first one is really common and I have made certain observations about it. I have noticed that a lot of people have ideas as to how to spend their money wisely and solve their needs, but immediately the money actually come, it becomes as if they forgot that they had ideas and spend it carelessly. Sometimes it’s powered by trying to belong, sometimes it is not. The fourth one doesn’t seem like something that will make one stay poor though. It’s just basically how to make enemies which doesn’t amount to being poor.

Dr.Osh

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well, even without this suggestion, I think everyone knows how to be poor. I say that, because everyone struggles to get out of poverty, and continues to work hard to make a lot of money.
It's just that, even though we are aware of this, it is human nature to have needs, and this is sometimes difficult to control, and makes it difficult for us to manage the finances we have, thus pushing us to poverty. There are lots of tips for getting out of poverty, but not everyone is able to implement them.

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Quote from: Adreman23 on January 11, 2024, 09:39:46 PM

Quote from: Lida93 on January 10, 2024, 04:52:21 AM

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money". Keeping doing this and you going to be successfully poor.

Certainly, we can be generous because being excessively stingy isn't admirable. However, our generosity should be reasonable, avoiding excesses or exploitation. Not always are we in a position of power, fortunes change, and there will be times when we need help. Who among us will assist during those difficult moments if people know we're miserly and unapproachable? We can offer help not just financially but also through services, empathetic support, and more. Even small acts of kindness will be remembered when we find ourselves in need.

You are right, if we often help other people it is certainly a good thing because if we cannot help people when we are able then it will be very impossible to ask for help from other people when we need help from other people.
For some people it is not easy to be able to help other people if they are not given the ability to help, so it would be better if we had the opportunity to help other people then we can help them because we don't always have power and of course we need help from others.

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

1. Spending your money on unnecessary items immediately the money arrives.

And have no regrets if tomorrow you'll become penniless. At least you became happy for spending your money to what you desire. Kidding aside, this is the typical reason why some people don't have savings and had debt. Because if you value your hard-earned money, you'll not easily spend it for things that are not really needed. It's really true that it's hard to earn but it's easy to spend.

Quote from: Lida93 on January 10, 2024, 04:52:21 AM

3. Become an extremely cheerful giver/lender to friends and family.

It's a good attitude to be a giver but not to the point that others are already taking advantage your generosity. Think of yourself before anyone else. Because if you let others rely on you they will never become independent.

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Quote from: Sanugarid on January 11, 2024, 05:07:41 PM

It is easier to stay poor than to save a lot of money or become rich. Just spend on the things you want, or donate all your money, it's easier.
No one wants to stay in a poor situation, that's why they dream and work hard to advance in life even a little bit.

Being in poverty will never be easy, because everyone has seen the condition of poor people when they want to get something they want in life. So saving a lot of money and putting it into future investments is the most effective solution at the moment even though it may not be so easy for everyone in this world to do. Likewise, donating all the money to other people is of course easier to do because getting it is always more difficult so you can see how little money is currently being donated to places that need it more.

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money". Keeping doing this and you going to be successfully poor.

Certainly, we can be generous because being excessively stingy isn't admirable. However, our generosity should be reasonable, avoiding excesses or exploitation. Not always are we in a position of power, fortunes change, and there will be times when we need help. Who among us will assist during those difficult moments if people know we're miserly and unapproachable? We can offer help not just financially but also through services, empathetic support, and more. Even small acts of kindness will be remembered when we find ourselves in need.

ancafe

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Quote from: Lida93 on January 10, 2024, 04:52:21 AM

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

It is a bad life because you have the desire to show more abilities to others, even though this need is not something urgent to buy. A lifestyle like this is a step that does not need to be followed because it will bring problems in our lives.

Quote from: Lida93 on January 10, 2024, 04:52:21 AM

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

One source of income will not be enough to meet all daily needs and monthly expenses. But if a job has a great salary structure it doesn't matter because one can fulfill whatever needs they have. If you want to gain wealth, money must be placed in places that are much more productive because money can be more if it is used in the right place.

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Quote from: cafter on January 11, 2024, 01:28:32 PM

Lol, you shared some pretty nice tips to stay poor lol 😂
But I am opposite of them all, its a good reminder keep that in check if we are doing something wrong.
Also not investing and taking risk is a best way to stay poor 😂, and not trying learn something new.

depends on the investment if its some random investment in meme coin then be ready to stay poor as well, overall the only way to get out of poverty is to increase the income by having good job through building career and then investing in something that truly has value, otherwise stay poor as OP says.
but sometime some people get lucky you know they might be just throwing around money into some random meme coin and then become rich out of it, turning out it was such best decision to do.
but the traditional way of getting out of poverty is the opposite of as described above, start with frugal living first I guess.

Hyphen(-)

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Quote from: cafter on January 11, 2024, 01:28:32 PM

Lol, you shared some pretty nice tips to stay poor lol 😂
But I am opposite of them all, its a good reminder keep that in check if we are doing something wrong.
Also not investing and taking risk is a best way to stay poor 😂, and not trying learn something new.

Some people's salary is not even enough for them to take care of their needs due to inflation and the high cost of leaving. As a result, they can't save any money from their salary unless they limit something that is necessary to them.
The tips OP shares will be helpful, but people who do not have another source of income and depend only on salary might remain poor since they can't save extra money because the money will not even be enough for their personal needs.

Topic: How to stay poor! - page 7. (Read 1579 times)