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Topic: Reason why you will never become rich - page 5. (Read 1219 times)

sr. member
Activity: 574
Merit: 310
August 02, 2023, 04:33:00 PM
I'll tell you the reason why some people will never become rich in addition to what you have written.
+ They are consumers and never producers. In this digital economy, they spend so much time on the internet consuming the contents of other social media influencers. While they are putting money in the pockets of these guys, they are never making any money. Just wasting their time.
+ They have refused to learn a skill or improve on themselves. The skill I am talking about isn't even a tech skill but some basic skill that can be learned quickly and be put to work before becoming advanced. Likewise, they fail to improve themselves.
+ Last, they are too distracted. A lack of focus resulting from lack of clarity. Once they can get their act together, they'll start attracting wealth easily.
hero member
Activity: 2996
Merit: 609
August 02, 2023, 04:29:31 PM
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.
Carrying responsibilities are actually normal for a responsible son like you or me. The least thing we can do is to work hard and be more motivated to achieve our goals because if we can have more then we can give more to them. And by becoming rich at some point, that is everyone’s dream. We work hard and persevere in life so that all our efforts will paid off in the end, and definitely become rich and progressive. So if we can deal positively with our responsibilities in our family, perhaps we can also use it to inspire us more to work and prosper.
Yes, it is really just not right that you would really be turn out to be selfish on the time that you do graduate or finish up your studies. You should always be considerate on helping out your parents on taking some responsibility as a form of giving back.Although its not really that something needed or required but as a responsible son or really that have mind on things happening around then you wont really be that dumb on not to see those sacrifices that they had made out. You cant just turn your back and do nothing for you to help them at least but of course there would really be limitation
when it comes to help because you are also creating or trying out to establish yourself so that on the time that you do decide that you would build your own family then it is really just that right that
you should really be trying out to save and build up your own future.

There are really things which needs to be controlled nor be stopped for your own good.There would be a specific time that you would be needing to stop on supporting and mind your own life.
As long you have done your part then they cant blame you out if ever you would decide on doing for good and mind your plans and achieving on what you do have in mind.
No parents or guardians who would be stopping you on your dreams.
hero member
Activity: 2954
Merit: 672
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August 02, 2023, 04:28:13 PM
The clear reason why we will never become rich because we are not willing to do it in the first place. We are not ready to take some risk that will eventually bring a lot of positive changes in our lives. Some may dream to becoming rich, but their efforts are not enough but only limited. However, in my own point of view, becoming rich may take a lot of process before it will sink in to me, but at least becoming financially secured at some point is what I am working at the moment so I can still live a comfortable life.
hero member
Activity: 3052
Merit: 606
August 02, 2023, 04:21:04 PM
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.
Carrying responsibilities are actually normal for a responsible son like you or me. The least thing we can do is to work hard and be more motivated to achieve our goals because if we can have more then we can give more to them. And by becoming rich at some point, that is everyone’s dream. We work hard and persevere in life so that all our efforts will paid off in the end, and definitely become rich and progressive. So if we can deal positively with our responsibilities in our family, perhaps we can also use it to inspire us more to work and prosper.
full member
Activity: 1190
Merit: 105
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August 02, 2023, 12:48:53 PM
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.
The things I feel are unnecessary that a person can spend on can be luxury items or have no real value, like designer fashion, expensive cosmetics, the latest electronics and other items. unnecessary consumer products. This is where you need to be able to distinguish between things that are absolutely necessary and things that we only buy because of social trends, peer pressure or advertising. When spending, we should prioritize investments in personal development, such as study, health, travel or savings to create a stable financial future. Those are the things that are needed to ensure your financial stability in the future.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
August 02, 2023, 10:57:59 AM
I believe that all of us wanted to become rich but unfortunately, not all are become successful in our dreams and wants and this is because we don't have equal chances of getting it. What I mean is that not all are destined to become rich because of so many factors - money, skills, mindset, and education. As we can see, the rich people become richer while the poor people become poorer. Of course, we all are working hard every day in order to meet our needs but guess what, our lifestyle and poor financial management will bring us down.

What you mentioned could be one of the reasons why it is difficult for someone to become rich or achieve success. I agree with this, besides the destiny we need, on the other hand there is also hard work that we must do. But in my opinion with tireless hard work we will indirectly be able to pick up the destiny of success that comes. but that's only for people who really want to do it to achieve their dreams. Skills and mindset are also very much needed, I often see that rich people always live simply, they don't really want something they can't develop anymore. For example, they buy things with a very fantastic value, if we look at it at first glance it is a luxury without us realizing that it is one of their businesses in collecting goods and then a few years later they will sell it at a price 10 times higher. Rich people are very good at managing their finances because they have gone through all the processes in achieving it so they become someone who will always take advantage of all opportunities for profit.
hero member
Activity: 910
Merit: 677
August 02, 2023, 10:47:37 AM

I fully agree with you. Yes, investing is one way to make someone rich but it is not an overnight thing where you'll be rich once you decided to invest your money. It takes more than that. There are people who decided to not start a family, and keep their relatives away but still find themselves broke. While there are those who are invested in their own family but are doing so well financially.
In terms of investment, it should also be noted that not all can really become rich in investment.
Many people know about investment but only a handful of people know how investment is carried out because of course we must also be aware that investment is not all that can do it even though investment is one of the ways we can improve economic conditions.

There is a lot to learn because investment is not only that we save money within a certain period of time and then get a profit considering that we also have to know which ones are worth investing in and which ones are not.
hero member
Activity: 1064
Merit: 501
August 02, 2023, 10:37:22 AM
Before assisting a family, one must not first be in a position of financial stability. Do what you can to support your family, rather than wait till when you have your own business or company. Your family is not expecting you to take on all of the responsibilities for the family, but there are some independent contributions you may make to keep your family running that won't prevent you from achieving your goal of financial independence. 

You need to focus on making your costs in order to reach a certain level in life. You can budget a certain amount each month and stick to it for difficulties with your family and yourself. By doing this, you'll be progressively achieving your aim of putting yourself in a position of financial stability.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 02, 2023, 09:38:07 AM
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.
Investing isn't a magic bullet that makes you rich. And it all depends what kind of life is worth living to you. Because avoiding your liabilities, just because you want to be rich isn't going to sit well with your relationships. If you want to blame your family that you are not rich, then you can do it by all means, but don't be surprised and blame your kids if they won't talk to you when you are old.

Investing time to my family has been way more healthy for me then investing to cryptos back in time. I mean sure, more than enough money was cool, but i was still investing time to my friends and girldfriends. Just because i am broke now, that has nothing to do with by responsibilities, but all to do with bad decisions i made with my investments. I am man enough not blaming anyone else for that.

And i know i can rise from this as have done few times now. All it takes is correct timing, passion and patience.

I fully agree with you. Yes, investing is one way to make someone rich but it is not an overnight thing where you'll be rich once you decided to invest your money. It takes more than that. There are people who decided to not start a family, and keep their relatives away but still find themselves broke. While there are those who are invested in their own family but are doing so well financially.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
August 02, 2023, 08:36:49 AM
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.
Investing isn't a magic bullet that makes you rich. And it all depends what kind of life is worth living to you. Because avoiding your liabilities, just because you want to be rich isn't going to sit well with your relationships. If you want to blame your family that you are not rich, then you can do it by all means, but don't be surprised and blame your kids if they won't talk to you when you are old.

Investing time to my family has been way more healthy for me then investing to cryptos back in time. I mean sure, more than enough money was cool, but i was still investing time to my friends and girldfriends. Just because i am broke now, that has nothing to do with by responsibilities, but all to do with bad decisions i made with my investments. I am man enough not blaming anyone else for that.

And i know i can rise from this as have done few times now. All it takes is correct timing, passion and patience.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 02, 2023, 08:22:53 AM
I believe that all of us wanted to become rich but unfortunately, not all are become successful in our dreams and wants and this is because we don't have equal chances of getting it. What I mean is that not all are destined to become rich because of so many factors - money, skills, mindset, and education. As we can see, the rich people become richer while the poor people become poorer. Of course, we all are working hard every day in order to meet our needs but guess what, our lifestyle and poor financial management will bring us down.
full member
Activity: 406
Merit: 109
August 02, 2023, 07:26:09 AM
About the family thing, it's easier said than done. I am aware of the fact that taking the responsibility to provide for your family once you start earning won't help you to grow financially. It's very evident here in my country with this kind of culture. They end up staying where they are when they first started because they weren't able to help themselves to go up because they got the obligation to help their families. But in reality, it's not really that easy to not help your family. You can still help but you and your family should know the limit so you can also grow financially as an individual.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
August 02, 2023, 07:15:18 AM
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.

No man, this doesn't sound right, it's like you are trying to run away from family responsibility. Whether you are a married or married to or just a single person who live alone, you have a family to look up to but there should be a limitation to this, just because you're are a bread winner or perhaps the only person who the family depends on doesn't mean you will put every responsibility on your head, you have to take the necessary ones and ignore the rest, they should take of the rest.

Would you abandon your family when they are sick because you are looking for money to become rich, will you abandon them when they are hungry; just provide them with the basic requirement of a responsible person and face your life after that. This is why you people who take the responsibilities of the families hardly reveal what they earned because doing, they will always bring all the problems to you as they know what you are worth and the pay check you get after every 30 days.

Quote
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.

Knowing the difference between what you need and what you want is very important, as the right time to do and the wrong time to say no, but then because you are trying to invest in business doesn't mean you shouldn't take care of yourself, you need to stay healthy, eat a good meal, hangout and have time with others because how I understand the use of been trying to be a wealthy person and I cannot have that my life, never! I will live it to the fullest but it's going to be in a responsible manner.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
August 02, 2023, 07:14:24 AM
Having a lot of responsibilities may sometimes deprived us from enjoying life at its best. Simply because instead of  saving and investing our money to those who have potentials for future growth, we end up spending them so we can fulfill our responsibilities to our parents or siblings. However, I really believe it’s just a matter of money management and self-motivation to take some calculated risks if it’s what going to give your life a big financial break. By not being fearful and be more greedy to grab opportunities that come, then eventually you will achieve financial security in its perfect time.
sr. member
Activity: 1106
Merit: 398
Duelbits
August 02, 2023, 06:35:37 AM
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.
I agree with you and I also do not accept that family is used as an obstacle to success. Family is their top priority who always supports me so that I can achieve success. And to achieve success itself apart from internal encouragement (from within ourselves) we also need external encouragement (from outside) and family is one of the driving factors.

Apart from wealth and financial freedom what I am after is happiness and blessings of life. My happiness lies in my family and the people I love and blessings lie in the prayers of my parents and how useful we are for other people, especially for the people around us, including family.
full member
Activity: 882
Merit: 211
August 02, 2023, 01:44:28 AM
I personally never understand how to trade in real life. I mean buying/selling real goods to real people is not favorite. I realized that people who can sell are always better with getting rich. Only option I have is to trade online. As OP said its nearly impossible to get rich meanwhile you are supporting a family. My only advantage is that because I am single and mainly I don't need to support anyone other than myself.
Maybe because at this time you are still alone so there are not many burdens or responsibilities that are your responsibility, that is an advantage to be able to continue trying to enrich yourself or build assets when you are young and what you have to realize is that in this life one day we will definitely have a partner and have many responsibilities.
Regardless of the skills possessed, I think everyone has different skills whether trading online or in real life, but I'm sure that's not an obstacle for us to get rich.
And also there are many other ways that can make us rich, especially if we trade online, especially trading crypto, which has significant price movements that allow us to be able to take big profits and also have free time to be able to earn extra money elsewhere / real life .
sr. member
Activity: 714
Merit: 347
August 02, 2023, 01:03:48 AM
I disagree with you about helping family; I always help my family in any situation I find them in. Family members are people you can never run from because even if you do, you must still return to them. Although taking care of yourself is a good thing, I believe that family comes first in everything in life. The first thing you should consider is who has been taking care of you since you were a child and has continued to do so until you are an adult. The only thing you can say is that you shouldn't let your siblings and your older siblings depend on you constantly. However, you should also be able to assist them when they are having difficulties because without my parents, I would be nothing in life. This is what I'm trying to get across to you: no matter what, you should never forget your family.

The second reason is very clear and I can understand it; a man or person who has a way to make money will never spend money in any way. A mature man always makes plans for the future and does not spend money in any way. Additionally, the only way to be a successful businessperson is to have a plan for how you will manage your finances, what you will buy, and what kinds of investments you will make to make profit. But I would advise anyone who is happy with their financial situation to invest in bitcoin because it is currently the best investment and you can't even begin to imagine what will happen in terms of a profit. I'm not trying to confuse anyone, just trying to explain this as a fellow human and a friend who wants to offer advice to his forum members.
hero member
Activity: 952
Merit: 541
August 02, 2023, 12:49:24 AM
The role of parents in maintaining the economic stability of the family and keeping the family from economic difficulties is called responsibility. Parents have a responsibility for the good of their family by providing adequate living, providing education to children and implementing independent living when they are adults. The difficult times that often befall parents' economy when their children are in education, it is the responsibility of parents to facilitate all their needs to produce the next generation of families to help the economy.

Wealth is everyone's goal, but due to the increasing burdens of life, they have to postpone the pursuit of wealth in order to finance the increasing needs of their families. For me, real wealth is not how much wealth is passed on to their children, but how successful they are in shaping the character of their children to become successful people.
legendary
Activity: 2436
Merit: 1366
August 02, 2023, 12:30:29 AM
I personally never understand how to trade in real life. I mean buying/selling real goods to real people is not favorite. I realized that people who can sell are always better with getting rich. Only option I have is to trade online. As OP said its nearly impossible to get rich meanwhile you are supporting a family. My only advantage is that because I am single and mainly I don't need to support anyone other than myself.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 02, 2023, 12:13:04 AM
The only reason why a person never get rich overtime simply because he is not working on it.

Being a rich man begins from the heart, what the heart can conceive we can achieve and what it can't we may not achieve as well, being rich is a decision and also a mentality some people develope for themselves to never settle for less or remain poor and they strive and work towards that determination and it becomes a reality with time, the process is what the people lack the understanding to, maybe because of fear or personal decision together with their mentality that they cannot achieve anything and make it possible.
To become rich, not everyone is able to get past the obstacles that come their way, many of them are not mentally strong enough to face problems in the business they are doing, so they finally give up halfway. On the other hand, many of them tried to imitate the business that was trending at the time, so they just went along with it. The time came when after the trend declined, they looked for another business, but for those who were able to think about starting early and leaving at the peak of the trend, and can find other ideas to become a trend then he will win
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