Topic: How to stay poor! - page 8. (Read 1572 times)

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.

Becoming rich would really be acquired neither it would be that on inheritance or would be something that do came from hardwork and everything would really be that just depending on how someone would really be
that be able to deal up with things accordingly. Results would really matter basing up on the actions that he had made. Becoming poor? It would really be just that too damn easy but acquiring the money and making yourself rich or financially be stable then this is something which is really the hardest. If you do like on staying being poor then dont act but if you do like on something which is really that showing progress and better things
then it would really be just that right that you should really be acting fast so that you wouldnt really be letting yourself that get left behind.

Financial management would really be crucial because we know on how important money is in todays survival or even just simply on buying your own needs to live
or something that could support into your family. If you wont really be that sensible then you are really that putting yourself on such potential trouble.

Yes, that's right, OP used sarcasm. We have to be smart in interpreting what OP means, everyone wants to be rich and everyone has to avoid what OP says so that we can be rich.

Of course, to become rich we have to look for skills that make us intellectually curious, so that we are truly interested in learning them. Knowing that luck can be created, because luck is an opportunity that meets readiness. Stop trading time for money. Try to develop assets that make money even while we sleep. Don't get caught up in the social status game but focus on increasing assets and reducing debt.

And finally, getting rich slowly is the best way, don't be too eager to get rich suddenly/quickly. Maybe we are slower than other people, but a journey will be judged by the last place we arrive, not how winding the road is.

The easiest way of staying poor are many, but this two are the very common ones, the first one is to remain idle without finding something doing that could help earn a living, instead be moving around like the radio waves without bearing, secondly, is when you think you've got the money but spending it on wasteful things that are not beneficial to you and yet no investment was made in reserve as backup for in case of any emergency.

OP shared the tips to make people aware of it. People should stay away from the habits if they want to have a better economic level.
It is good if you're the opposite of the tips. It means you live in a proper way, you will have the chance to succeed. Although it also never guarantees for the success, at least we are not a part of people who have poor habits.

Sure, if we don't want to take the risk of the investment, we won't have the chance to succeed with investment. To succeed, someone must have a brave mentality and he mustn't be afraid to deal with challenges. No rich people who only wait their success, they do hard effort to achieve their success. If we are lazy people, we surely have no chance to be rich.

It makes sense, in any case there is absolutely nothing to learn if the goal is to fail, but does anyone want that? I think only people who don't have common sense will do it, there is absolutely no  process  or study that must be done and that must be learned, this is very easy, you just need to stay silent and spend all your time doing nothing then you can achieve Your goal is to become someone who remains in a situation of poverty.

I think however this idea is nothing more than a joke that should be avoided, on the other  hand it is quite worrying if there are people who really want to try it or even just experiment and  also on the other hand I  would suggest something better to do even though Basically my life situation is not necessarily good. So try to consider choosing something that  can make your life situation better, adjust  your goals to balance your neeeds.

And on the contrary, if you want to get rich, learn to avoid what OP has told us. Everyone wants to get rich of course but it’s hard to get rich when you are used doing the opposite way. Hence, by not focusing on one source of income, by not overspending, and by not being so generous all the time, you will get eventually rich in the process.

Well, I don’t say that you have to live your life the hard way, but live your life accordingly, which means by having self-discipline and control over yourself, you will live your life being productive and progressive.

Dear, I am the kind of person who always believes in doing Multi-works at the same time so that we may have good cash flow, i tried to motivate my friends and brother by saying that if you wanna grow up you need to work on it. if you will not work on this idea you will stay here after 10 years on the same stage where you are present today.

It is Very Important to Work on our goals. if we have unique ideas and we all used to say one thing we will work on it tomorrow. Dear what are we all doing listen this world is full of people who also have the same idea as you if you don't work on it early another person will conquer your idea and you will have to repent and will ask question yourself why didn't you take active before.

If you want to achieve something "action" and implementation are required. Without these two things, your dreams are just dreams that will end when your eyes open.

Many people have been living their lives in this way and they don't feel comfortable about it. Ask them to resign or start a side hustle on their own, they will tell you that they don't have time and chance for that because their work takes most of their time to endeavor themselves to another side hustle. Resign instead to start up a business,  they will tell you that, they don't have the strength for  business. They prefer working in a cool working environment without stress. Forgetting that takes most of their and also make them stay poor

Truly, anyone living their life this way would stay poor but there are people, who naturally are cheerful givers when they have money. They give out to people who don't have and they find it hard to say no when asked for financial assistance.

For them to change from that aspect of being a cheerful giver would be quite difficult for them unless the economy of the country they come from is not friendly enough for them to take care of their family, if not, they keep being a cheerful giver.

Hey hey looks like you're pretty experienced at this lol.
But indeed something like that can't be blamed either because in the end there are some points that are quite valid even though sometimes it's imposing haha
It's okay to try to do maintenance or whatever it is but with a note not to force the will and in accordance with the economic capabilities that we have because in the end it is also important because trying once or twice it will not make you poor besides that we also have to try to think more broadly because it does not mean that to become rich we have to suppress everything we want because it will be very annoying so do what we can if and of course it must be useful for the needs of what we do. Buying a car doing maintenance will not be a problem if we are already able and can manage that by buying it we can still save money for the needs of life and the future we want to go. The most important thing is that our lifestyle does not exceed what we get and that must be remembered so that if in the end it continues to be imprinted in us I think we will be able to comfortably live.

This is true and what do make even more worst that even your family or loved ones or relatives would really be possibly be taking that kind of advantage over you once they do know that you do really have
the money or resources on which they could milk out but somewhat this isnt really that an issue if this one would really be applied into your own family specially if you do have a wife and kids because we are all doings things just to give them on what they do need and even in having those wants that they do need then we would really be that glad that we could be able to give it out.

In speaking into other aspects about dealing up with things and making up decisions on which it could really give out that kind of chance or probability on being poor then there are lots of ways and scenarios.
The only issue on here is that into your own self awareness since not all people would really be that mindful on the things that they are dealing with even it would really be that affecting their
financial status on which i could say that people are way too dumb just incase they dont really be able to point it out.

Lol, you shared some pretty nice tips to stay poor lol 😂
But I am opposite of them all, its a good reminder to 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 to learn something new.

People out there don't really care about you, once you present yourself to them like a cheerful giver, they will stop at nothing till they milk you dry. And when the economy goes hard on you, only few people (I.e if you are lucky) will stay with you till the very end. People often say "givers never lack" , this is one of those numerous misleading quotes.  Givers really do lack! Especially when they spend more and earn less, they will definitely go broke.

It is better to spread good opportunities to people where they can work and earn money by themselves instead of giving out from your personal account. With this, you will be helping to reducing the number of dependent people around you and give yourself some breathing space too. How long will you keep footing other people's bills? Humans will always be Humans, they will come back for more once you make yourself available.

lol guess are always funny with their response but I think we shouldn’t point fingers at them as sincerely anyone can be a victim of the op as most times, we commit these blunders unintentionally and most times we also end up with no other choices but to help or commit those blinders op already listed.

Your third point is a perfect reason to squander  and it has been a perfect reason for a lot of people and some will even tell you that, there isn’t any reason to die saving as the next of kin might squander all you’ve labored for after you die and this has also been proven true in some cases.

In essence I’m just saying we shouldn’t point fingers or call names as anyone can be a victim😂

@op you did a great job and I do love the sarcasm as a word should be enough for the wise right ?

I think that not a single person wants to be poor and live a whole life without having money but there is so much inflation that a person cannot save money. There are some people who are spending on useless activities but they wants to make their family happy so they wants to fulfil all their dreams as a result of which their own dreams and money saving remains a dream.

Everyone wants to earn from different ways but actually there is a need of money for it and those who have no job are coming towards online earning which is not guaranteed always so I think there is not a fault of humans but sometimes situations are unfavorable that your luck does not help you.

I think the issue of one source of income should be the main priority at that point because anyone who has one source of income will not be able to reach the targeted economic level, but I have several tips so that you can get additional income to increase your monthly income, the first tip is by renting out assets such as rental cars, houses, shops and the second tip is that you can open services according to your skills, the third tip is investing in gold, bitcoin or others that can get passive profits. Everyone can use these tips to earn extra income, unless you are very careless in managing your finances so as not to set aside some savings for unexpected emergencies.

It just surprise me how complex life can be. In my country, anyone who has $1,000 saved each month after all necessary expenses are paid is practically rich and belongs to the upper echelon of society. The minimum wage here is $30, very poor that even civil servants are living from hand to mouth.

I actually agree with you that credit card play a big role in making people poor. Without access to credits, humans are so adaptive that they can adjust to live within their means. The temptation to live above one's means start from access to credits... money that one do now have.

i recently seen someone do a frugal challenge. it went like this

originally they accounted their income and outgoings and only afforded $50 a month to invest
and so this is what they changed:

stage one. make a shopping list of groceries
their total normally $300 (large family)
they found unbranded replacements and got total down to $230
they used vouchers/discount codes and got total down to $200(10%-15%-20% off offers)
so they still ate the same selection of food. just cheaper

stage two
their single neighbour had disabilities so was spending $50 a day on fast food for 2-3meals ($350 a week) due to inability to self cook/grocery shop
the frugal person used their own $100 saving to buy ingredients to make home made versions of fastfood but offered it to neighbour ready cooked for $250 a week
turning the $100 saving into $250 for them. and saving the neighbour $100, and better quality meals

stage three
then they invested it into market that were on the "low" of their 3-5year market history, thus having more upside of future growth

---

so instead of just looking at income and calculating bills and putting aside a $50 amount after lifestyle into investments. see if you can really generate some savings, use those savings to multiply it ... and then invest it

find a thing your neighbours/relatives want but spend too much on. and offer them better option for less

..
its not just about cutting costs to get more to invest..
its not just finding best investments to earn best interest on savings

but can you also multiply the savings before locking it into an investment to then accumulate interest

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.

In the complexity of life itself, not everyone can get out of that scheme proposed in the OP, however, there comes a time in life when you have to say no to a permanent job.

Hence, must seek income, and for that it is not necessary to be an employee, but although your words are very well directed, they are still the typical inspiring message, since leaving the traditional scheme is not easy, but the transition can be made.

So, the issue is how long you are in those stages, to reach the point where you do not depend on a salary but on a good income.

Stages (aged):
+18 So, cool.
+30 ideal.
+40 Well done.
+50 and it's getting late...