Topic: Reason why you will never become rich - page 9. (Read 1157 times)

It feels empty when you abandon your family because of your goal to get rich.  Though I agree that we should do our best to put ourselves in a better financial position that is looking for more source of income and not abandoning my keen.

Your suggestion of recommending your dependents to some company in order for them to earn money and ease your load is a good thing but we must make sure that we are always there to give them support if they are in need.  The world is round and we never know when we are needing their help so it is better to keep the relation intact and be supportive of each other.


Money management is a much better approach than abandoning your kin.  Just think if you are the one on the receiving end and your family breadwinner abandon you because he wanted to get rich.  Isn't it feel like being betrayed?  

Those are true lines and hold the perfect meaning. With much difficulties people have made themselves rich. I liked the point of making every family members self reliant a must thing to make ourselves rich. When there is no dependent, then we were able to think free as well as take risk. When we're in a family this isn't an easy thing and this itself a big pressure. Success can be defined based on different parameters, being rich also differs based on calculations individual users have. According to me people who are healthy and was able to feed themselves is rich than half the population of the world.

I really like your topic, especially in this point, you need to build yourself up and make your family or those peoples self-reliant who depends on you.
A wise man said that it is not your fault if you are born poor, it is your fault if you die poor. Guess who is this man none other than the Bill Gates. Most of the rich people in the world have struggled to reach their current position. So struggle is the key to success, People in the world can never prosper in life who are lazy and afraid to struggle.  So I consider this afraid of struggle as the main reason behind not seeing success and being poor. They think twice to spend money unnecessarily. So I think when a person can learn the right use of money and struggle then he will easily see success. I will not call success here only to be rich, to be successful, you have to be successful in all aspects.

To be rich you have to be in 5% from the totay100%  so you have to do something different, effective, potential and unique. Another most important thing which you must have is that an effective decisions making scene.
I am writing about some points from my POV:

1. To get rich you have to take risk obviously and must have investment strategy so that a wrong investment can't rekt you. Like you have to invest in high reward or high risky sector. That will not surely make you rich but an effective decision can change your life.

2. You should have awareness about your daily life, goals and activities. Any idle person can't be effective like an active person. So we have to be an active person obviously.

3. Grow your skills or grow your investments when you have this opportunity. Without skill you can't do even the basic things too like cycling, walking or riding. If you grow your skills in a demanding sector you will be appreciated every time. Or if you reinvest and grow your business you will get quicker profit than before.

4. Being expensive is the worst part and the main barrier from being rich. Huge expenses can make a king to a poor. We should not expense hige which I have no need actually. You should minimize our expenses and maximize our investments to get a quicker result. We should never stop expensing but can minimize it and not to abuse it.

I am little weak in every points I have shared that's why sometimes I have opportunities but can't implement it properly.They are the biggest barrier to get rick from a starting. I am working on them to build up and zi hope I will get a chance again and never miss it.

If you are the breadwinner on your family then you wouldnt really be finding yourself having that kind of financial freedom due to lots of responsibilities on which i could really be able to say such thing because im

once on this kind or type of situation on which on the time that you do finish your studies then next would be finding out some job and then you would be the ones who would really be mainly supporting your
brothers or sisters when it comes into their education until they would finish off their college or degree on which on the long time of supporting then you would really be finding yourself on having no
money and something that you had established after a long time on which means that you had just stopped your own progress in life because of those burden. It cant really be avoided since we are part of family
but it would be always wise that you should set out limits or on when you would be just trying out to break free.

We do have our own lives as well on which we do need to make out progress for us to survive because on the time comes that those family member of yours would really make their own
lives then for sure they wont really be obliging themselves on helping you out.

You may put some family members into your business now and all they will be thinking about is how to bring you down. Most people don't just want to be like you so they can watch you fall because it makes them happy, so even putting a family member into your business is kind of a risk of your source of income, despite what you may be saying.

You know you are right on that most of us really do some kind of things just to impress people who them hate, but the way you spend your money is different from the way some people spend theirs, so you can just say people spend money over what is not needed to us. I do buy things that are needed to me, not on there ways that you are thinking. Everyone wants to invest, but everyone has different challenges in life, so you can't compare yourself to other people. It's not always easy for some people to invest the way you think. Some of us actually make this money and take care of our families.

It may not be possible, it also depends on fate and determination to become Kay.
Even though some factors are owned like saying it's impossible to say it's too much.

We even have our own destiny for each human being.
Believe it or not, wealth will come because of the determination to work hard and not want to give up.

But if we all bought bitcoins when they were a bit below $1 and held them until now, then we would be rich just holding Bitcoins.
But it comes back again, how strong the person is,

I will probably move your second and third reasons up a spot, in my opinion the majority of the people out there spend all their lives trying to get more money, but they do not spend even a single second of their lives to try to know how to best use the money they already have available, so instead of using their money for their own benefit they just squander it on things they do not need or buy stuff that is instead a liability, and when someone does not understand how to use their money for their own benefit then it is almost impossible for them to reach a point on their lives in which they may be rich enough to stop working.

I like to follow the first thing that you mentioned in the OP. I never give money to people. It could be my family or could be my friends. I try to teach them the way of earning. If I give them money and they become dependent on me, they will keep asking again and again. So instead of doing that will teach them the way to earn. That way they can make their own money and won't have to rely on me.

Another thing that will happen here is you will be surrounded by successful people. They will give you the best advice to become more successful. Also knowing how to use the money and how to grow it will also be the major point for becoming successful. The best way to grow your money is indeed investing. SO great advice OP.

No matter what our financial status is, we should never turn our back from our families. They are still our supporters when we're down. It's fine to help as long as we are still able to manage our finances well and we know how to put limitations. Helping out doesn't pull you away from reaching success. However, we shouldn't let them totally rely everything on us, we should still teach them how to grind and survive life in the long run.
Managing our finances and wise spending is necessary for us to have enough savings for the future which will also be needed for our financial growth. As much as possible, we must avoid pirchasing or buying our wants over our needs. Self-discipline is still necessary.

This is the philosophy of giving someone the net to fish and not the fish. That is to teach someone process that you have gone through to be financially buoyant, the investment that you have done or to teach them the benefit of investing. You are right that dependency can slow someone down from growing financially and the best form of creating wealth is to have more people having wealth. If you are the only one in the family who is wealthy, you might as well be having your way back down. It is better to give aide to create wealth.


It is better to invest than to save. Banks use money deposited with them to reinvest by either loaning it back out. This is to show that investment is far more better than savings.

Family plays a big role here it is not logical that you will become rich without supporting the family. Family pressure, responsibility is on everyone, now how you deal with it is the most important. If you have a good paying job or a big business from which you get big income then this family problem will not stop you from becoming rich. Our family pressures increase as we grow older and we mature with time to manage these pressures. But supporting the family is also often a viable decision. Because if you help your parents, siblings, they will also support you in your bad times. So I think as a middle-class family member, having a good relationship with family is important, but it's also important that if you let the family depend on you more, it puts more pressure on you.

Becoming rich is unlikely due to various factors. The average dude has minimal access to opportunities, lack of resources & fierce competition make it difficult to achieve significant wealth. Economic disparities, systemic inequalities & a saturated job market further hinder your chances of amassing substantial wealth. The unpredictability of life and financial markets, coupled with the possibility of unforeseen circumstances make it doubtful that you will ever become rich.

It's jaded, but it's true. The Internet became a breeding ground for cheaters to proliferate and expand, or perhaps it just gave them the perfect avenue to mingle with, cause I believe that cheating is in the blood and it's not really something that you'd do normally.

As for divorce and having kids, I'd argue that the former is a much needed concept, although the way it is implemented in the US is so fucked up. Basically giving the woman everything she needs and the man to just deal with it as his kids and his money is taken away from him is one of the biggest heartbreaks that a man will ever feel (Although honestly I've never even been in that situation, just sympathizing). So when you say it's a jaded outlook, it doesn't invalidate the fact that it's true and it's happening and millions of people are suffering from this scenario.

Admittedly a tad jaded here, I accept that. I know lots of people rich and poor that are in fantastic (seemingly) marriages. Those marriages were conceived 20 -25 or more ago when times were different. The age of the internet has killed it, it's to easy to get attention when you think your not getting any. Women cheat 65% of the time and file for 90% of the divorces (US) 

I cannot agree more, you have said the right points. First i thought who will wants to be rich by abandoning the responsibilities of his/her parent or relatives. But you shared a valid solution of making them self-earner instead of they earn money from you. I had a live example in my life and recently i was also thinking on the same thing. I know this solutions seem so easy that someone might say to me. How could spend that much time of your life to learn such lesson. But every lesson have a time.

And i learnt this lesson when my Uncle helped his 90+ Years old father to set up his own shop of Fertilizers and all my grandfather has to do is open the shop and sit there and deal customers. He not have to sit there for like 9 to 5. He open shop in the morning and in the evening only. Actually the shop is below his house. So, things are made as easy as can be done for him.

The point is, i observed this thing and very impressed by my uncle that instead of just making him depending on his (uncle's) own money , he (uncle) helped his father to earn by himself. Masha Allah.

To become, rich you only have to make a lot of money, and try not to spend money on useless things just as you aforementioned.

It's good that you think of helping your family first and foremost, and it's something that I appreciate especially since in some ways I'm a breadwinner too. But I gotta take OP's side on this one only because there's certain instances where your family's overdependence is becoming a massive toll to your financial, physical, and mental health. So much so that it's causing you anguish and sickness aside from an empty pocket. Remember that you're not born into this world to be your family's financial investment for when they can't move their asses out and go to work for themselves. And if you're going to throw me the "you wouldn't be here where you are today if not for them" then I'll speak for those who had trouble dealing with their family by saying that "they would definitely not be here if not for their family, cause then they'd be in a better financial state!"

It's good to help, but sometimes you gotta draw the line.

hmmmm.... I remember from Chinese entrepreneurs don't employ your family members in your business, it will make you unfocused and he can rebel in your business easily, or rather do as he pleases in the spare scope of business that you manage, because he is will feel that you as the boss are his brother which makes him feel that he has a special position because of the attachment of family relationships.

That is, if you live with your family (parents/siblings), of course you have to prioritize them first, but if your position is far from your parents, then what needs to be done is the people who are around you first, namely neighbors (distant position). from your parents), because if anything happens, the people closest to your position will know more about it in advance than your family, but I don't mean forgetting them, maybe it's more precise to limit it if you live far from your family. (if the thinking is in this)

Of course, good money management will be balanced with good income too, whatever form of business is done, if the income is not good, it will be very difficult to manage finances too.
The rich way is to do business, if we have a lot of burden to meet family needs is to make it motivation to be a smart hard worker so that we can be in a position to be able to provide enough for your family and you must have a lot of money left over that you use to support your family.

Sometimes, helping your family is what will bring progress to your life because you will see it that so many people depend on you and this can motivate you to work hard so that you can meet up with their needs. Though,if you don't have the mindset on how to go about searching for funds and ideas on what to do that can bring fund to you mate you will never get rich,or do you think to get rich is easy. Please let's not put the blame on helping our family members of not getting rich. To get rich you must have the foresight to know that having various means of income is the best way to riches.

It is not a reason not to be rich because it still helps parents, I do not believe that word I prefer parents who have raised us, then I will help them to any extent.
True to your word, I will not forget the family of my parents, sister, or other family because one day when I need definitely on them not someone else.

There are no rich people from those who remain employees, rich people are businessmen or other entrepreneurs who can earn many times, my life is quite simple to have a developed business can provide for the family and parents the rest I can prosper because with that business.
The important thing is that the financial manager must be good even if you provide for many families.