Topic: Reason why you will never become rich (Read 1229 times)

I think the thing that can make us rich is to always use our time for positive and productive things, unfortunately many people are too easy to be wasteful and waste time with the things they like so that time and money are wasted, and I think the presence of the internet can be used as a reference.

I think the thing that can make us rich is to always use our time for positive and productive things, unfortunately many people are too easy to be wasteful and waste time with the things they like so that time and money are wasted, and I think the presence of the internet can be used as a reference.

The first reason why you can never be rich is too much  responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

The second reason why you can never become rich is not knowing how to use money. There are several ways money can be use :  spending,  savings,  and investing.  Many of us already know about spending and even when we spend we spend on things that are not really needed but just to impress people who don't care about you.

Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.

Let's just put it this way, do not indulge yourself too much on family responsibility if you are struggling for financial freedom yourself. That will leave you with nothing. Where will you even get money to help your loved ones if you yourself is struggling. It's true, there is no need in any ridiculousness to get rid of family. But, responsibilities? Do not dive yourself in that or any situation that will force you to have that without attaining financial freedom first, cause it will only be hard for you and the people depending on you.

Let's just put it this way, do not indulge yourself too much on family responsibility if you are struggling for financial freedom yourself. That will leave you with nothing. Where will you even get money to help your loved ones if you yourself is struggling. It's true, there is no need in any ridiculousness to get rid of family. But, responsibilities? Do not dive yourself in that or any situation that will force you to have that without attaining financial freedom first, cause it will only be hard for you and the people depending on you.

You made a perfect point with the question you asked in your first statement but reading further you mix things together. Aside those you mentioned, is there any other categories of people consider as family? Well, just like you said, we want money not just for ourselves but to also look after our loved ones is absolutely true but saying it's a responsibility to shoulder is the area I disagree with you. Taking family responsibility is good thou but overdoing it beyond your capacity is dangerous. If I understand correctly, OP is not against taking such responsibility but saying that you should first of all fight for financial freedom.

You'll not grow financially if you emphasize on family responsibility than investment. When you invest rightly, responsibility will be taken care of when the fruit is riped. Financial freedom is what comes first before family responsibility and again do not allow your family to depend on you, if you have means find them alternative to be making money on their own.

And I want to ask you one thing, did you become rich after getting rid of your family and after you knew how to use money? I don't know what family relationship you're talking about, if it's between your siblings, your spouse, your parents, and your loved ones. I would object to your first reason. Because we work hard, finding ways to be financially free is also taking care of them, not just ourselves. Furthermore, without those people, I bet you wouldn't be where you are today, so it's not right to consider them a burden. It's a responsibility that everyone has to shoulder, you can't selfishly deny them. Many people can still become rich but still be with their loved ones, so I disagree with your reasoning.

It is very difficult to become rich if our expenses are very large, but in my opinion if we help family members it is certainly not wrong to help parents or relatives who don't have a job.

I think in this case we have to have a good strategy in business, and one of them, as you mentioned, is that we have to invest, but I think saving is also necessary, so we have to save and invest or many other businesses. . .

and the most important thing in my opinion is that we have to be grateful for what we get.

The first reason why you can never be rich is too much  responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

The second reason why you can never become rich is not knowing how to use money. There are several ways money can be use :  spending,  savings,  and investing.  Many of us already know about spending and even when we spend we spend on things that are not really needed but just to impress people who don't care about you.

Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.

There are many avenues indeed, you just need to find what fits to your attitude a kind of mindset that will help you to achieved, forget about those struggles and hardship but focus with your goals and find ways to achieve, people who extend their efforts to locate what are those things that can give them extra sources of funds most of the time achieved if they know how to balance their finances.

Though if you are just focus with your daily job and you are just content with how the cycle in life continues aside from luck, there's nothing that can change your financial status.

There are many avenues indeed, you just need to find what fits to your attitude a kind of mindset that will help you to achieved, forget about those struggles and hardship but focus with your goals and find ways to achieve, people who extend their efforts to locate what are those things that can give them extra sources of funds most of the time achieved if they know how to balance their finances.

Though if you are just focus with your daily job and you are just content with how the cycle in life continues aside from luck, there's nothing that can change your financial status.

Do you mean to say that you'll solely rely on your job for income? Haven't you noticed how many successful people have devoted their time and energy to achieve their aspirations?

People nowadays earn money through various means, from online platforms and e-commerce businesses to offering services. There are abundant opportunities to become a high-income earner, well above the average. Once you venture into these avenues, your financial burdens will lighten as you won't be dependent solely on your job's income. Instead, you'll have the potential for higher earnings as you progress to a professional or even master level.

In my view, the most formidable barrier to achieving wealth lies within one's mindset.

We will never be rich because every day our responsibilities and cost of living increase but our salaries or earnings remain the same. Unfortunately, in today's conditions it has become quite difficult to save money, let alone being rich. Especially in this order, our salaries or earnings which we can describe as insufficient, unfortunately cannot meet our daily living expenses and responsibilities. This situation causes the quality of life to decrease or  using the previous savings. In addition, due to the fact that many investment instruments have turned into financial traps today unfortunately it has become very difficult to make money by investing. For this reason, I think that we will never be rich and unfortunately our quality of life will decrease a little bit every day.

The first reason why you can never be rich is too much  responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

Here I completely agreed with you about this all because right now same things happening around us, and we are not doing anything positive for bringing change even we are going deepen in this all even few societies and countries are going from bad to worse just because of this all they fail to bring better changes in their system and peoples dug out with these things as like if someone can start from small investment, but he is not interested and going to buy luxurious things which are not helpful for him in long run.
Recently I have many peoples around me those are bank-corrupt due to their bad investments and having no proper strategy but once anyone is having rich he is going to have better things in life even his profit is increasing because he is doing things with the purpose of long term investment which is surely helpful for him and his all strategy.

We will never be rich because every day our responsibilities and cost of living increase but our salaries or earnings remain the same. Unfortunately, in today's conditions it has become quite difficult to save money, let alone being rich. Especially in this order, our salaries or earnings which we can describe as insufficient, unfortunately cannot meet our daily living expenses and responsibilities. This situation causes the quality of life to decrease or  using the previous savings. In addition, due to the fact that many investment instruments have turned into financial traps today unfortunately it has become very difficult to make money by investing. For this reason, I think that we will never be rich and unfortunately our quality of life will decrease a little bit every day.