Topic: Reasons you will remain broke as an adult - page 6. (Read 1716 times)
I know some people that don't do this but they're still broke or just living enough to get by so I don't think that this tip is pretty helpful for everyone, in fact I think you are just making those who live in meager means feel bad about themselves. There are circumstances that are outside their control so cut those people some slack. No one wants to be broke.
Mindstyle and lifestyle is the key to making our old age better, from now we must be able to do productive and long -term things, immediately sell an apartment or car that is too much and use it to buy land and use it to farm or raise farm, thing This will make us save the future.
Farming is a long term idea and slowing down your life. Having a business is the best option if you want to become more productive in this new era. Social media influencers and marketers is the current trend so this is the best stepping stone if you want to have a good source of capital to start your business. Business is the best end goal in life if you want a real financial freedom but is the best if you want to have a balance lifestyle since you will be physically fit while earning steady income even though it’s not that huge compared when you have business in booming industry.
And never expect 'manna to fall from heaven' because some people are just waiting for one miracle that will never happen, rather than actually putting effort to do something meaningful with their time, they will rather hope for a miracle.
@op you have said it, anyone who is guilty of the above deserved to be broke, laziness does not pay the bills, only hard work does.
Being a dependent is a bad behavior and always lead to disappointment when you rely on peoples' handout instead of to equip yourself with the right skills to better your situation.
@op you have said it, anyone who is guilty of the above deserved to be broke, laziness does not pay the bills, only hard work does.
Being a dependent is a bad behavior and always lead to disappointment when you rely on peoples' handout instead of to equip yourself with the right skills to better your situation.
The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:
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Completely the points you say are true, and people with common sense, will think as you describe in your long list. however, in reality the real effort is not easy. at least, nothing comes magically.
one has to go through a process to achieve a goal, which in this context is poverty and not going bankrupt as an adult, moreover in the process it is not as easy as we are talking about.
In fact, I have my own philosophy, at least to remind me when I feel bored with the same routine every day.
I know and I always have the belief "every process I go through, will never betray a result" means, as you describe in your list.
CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.
well, currently the world is being rocked by inflation, recession and all kinds of things that make the world economy experience a global crisis. and this conclusion, describes what is happening in my country.
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Many people blame the government because their policies are often not the reality of society, so they protest against the government. But we should also try to try to work well and not violate the rules that the government has made.
Whatever happens, we need to improve our abilities by learning and trying because we will never know which door will give us success. So by continuing to try, we can get results that work for us.
Whatever happens, we need to improve our abilities by learning and trying because we will never know which door will give us success. So by continuing to try, we can get results that work for us.
What I first infer from the OP psychologically is that he/she might be from a challenging country where much hustling might pay. What you have written is good but it's not all of them that are practicable. You might work so well by giving your time and energy to it but still not get rich. This is why we must establish the line between working to get rich or to be comfortable by being able to provide for our basic needs.
In my experience of the reality around me, one needs beyond hard work to be successful, Wisdom, Grace, Luck and Association matter. You might even do a little work and get rich with them, while a harder worker might only be comfortable for the rest of his life.
In my experience of the reality around me, one needs beyond hard work to be successful, Wisdom, Grace, Luck and Association matter. You might even do a little work and get rich with them, while a harder worker might only be comfortable for the rest of his life.
I think that what an adult person will be like depends entirely on his upbringing. You should not ruin the plans of the child by saying that he is poor and will remain poor because his whole family has been poor for centuries. Everything should be an example; if a child from an early age sees how their parents are constantly learning something, this will be a motivation for development. The habit of learning, even after reaching a certain skill level, must be constantly present in life.
I have a simple example. My grandfather is a doctor on a sports team. Despite the fact that he has a very large amount of experience and work experience (more than 35 years), he does not stop at his own qualifications. And it is precise because he has modern knowledge that he still remains in demand at a time when many other doctors younger than him were laid off when the organization could not keep more staff.
I have a simple example. My grandfather is a doctor on a sports team. Despite the fact that he has a very large amount of experience and work experience (more than 35 years), he does not stop at his own qualifications. And it is precise because he has modern knowledge that he still remains in demand at a time when many other doctors younger than him were laid off when the organization could not keep more staff.
In the process of achieving "wealth" you will involve other people, entrepreneurs, traders, freelancers, entertainers, or whatever. Some need a government role to support. When you reach half success, you need more adequate resources, operating licenses, and other immaterials, then other worries will arise. For bad governments, they simply don't want to hear what you need or (unintentionally) prevent you from achieving higher success because of their failure to tackle the economies of countries that shape individualist mindsets.
Centralized way: "If the government is not involved, your success is only limited to that".
Centralized way: "If the government is not involved, your success is only limited to that".
You are 100% correct....
When our circumstances change... we have to change something to adapt to those changes or we will just be the mouse running in the wheel. So, if the inflation goes up... you have to cut back on your spending or inflation will catch up to you and you will go into poverty.
Also, see if you can take on a second job or some hobby that can generate a second income... because you will need the extra income to make up for the additional expenses you have. (Food price increase...)
When our circumstances change... we have to change something to adapt to those changes or we will just be the mouse running in the wheel. So, if the inflation goes up... you have to cut back on your spending or inflation will catch up to you and you will go into poverty.
Also, see if you can take on a second job or some hobby that can generate a second income... because you will need the extra income to make up for the additional expenses you have. (Food price increase...)
I agree with the list. Most often, poverty is avoidable. It's just that a lot of us are either too lazy to act or do not exert enough effort or simply stubborn or close-minded. Some are also pulled down by their pride. I know of some people who are poor but are also too proud to do things that could somehow ease their situation but they won't do because they consider them shameful. Peddling food, for example, is a good source of additional income but others don't consider doing it because it is embarrassing.
Nevertheless, at least as far as my country is concerned, the government has to be proactive as well. They need to do their part. They, too, need to be well-informed about what's really going on at the bottom. Most government officials are clueless. Programs and policies are often impractical.
Nevertheless, at least as far as my country is concerned, the government has to be proactive as well. They need to do their part. They, too, need to be well-informed about what's really going on at the bottom. Most government officials are clueless. Programs and policies are often impractical.
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.
True. Some people keep on blaming the Government (particularly the leader) for their hardships because they're relying too much for the programs, benefits, pensions etc. and not doing something to help themselves. If you're born poor it doesnt mean you will live like that forever because that depends on how you drive yourself. The problem is many people used to depend on other people's kindness and dont want to stand on their own. A kind of person who like to be spoon-fed. Well, If you're lazy dont expect that you'll achieve something, if you want to change then start to strive now. 
You pretty much summed up a lot of the young ones today. Most fresh grads I worked with are either too lazy to take menial tasks, or too proud to have a degree that they immediately believe what they learned in the 4 corners of the school. Buidling a career isn't an overnight grind. It takes lots of menial tasks and countless hours of listening and learning. The young lads think that when their seniors ask them to do some labors they think they are being pushed around and not being valued for their 'education.' We teach discipline and respect because that is what will get you far in your career.
Another thing is extreme consumerism. I don't understand why a lot of young people want to buy the famous brands and the expensive things. Clothes do not define social status, nor jewelries or gadgets. This is why a lot of them are broke, and often blame the system for not being 'fair'
Since when is life fair anyway?
Another thing is extreme consumerism. I don't understand why a lot of young people want to buy the famous brands and the expensive things. Clothes do not define social status, nor jewelries or gadgets. This is why a lot of them are broke, and often blame the system for not being 'fair'
Since when is life fair anyway?
I think a reason that could be on the list is that we are most times too inpatient. We live in a fast -paced world therefore we want everything fast, at the click of a button. And this has affected our attention span too. Most broke adults are in bed with inpatients. We must slow down and breath, take the time to plan instead of looking for the next get rich quick scheme.
Distractions
Many start off doing the correct things to improve their standard of living. Then get sidetracked. It can be difficult to stay focused on the task at hand over a period of days, weeks, months and years.
Desire for free stuff
There is a modern myth that says people should not have to work. They deserve a fraction of the wealth Elon Musk, Jeff Bezos and other billionaires have. Or they deserve free money from the government paid for by taxes on rich billionaires. This movement trends with UBI (univeral basic income), stimulus checks and free handouts. Those who believe in these movements have a difficult time getting motivated to do anything.
Lack of wage growth
Income for low to middle class earners have flatlined over the past 50 years. While wage growth has only increased for the top bracket of earners. This implies negative wage growth for everyone in contrast to inflation. A negative precedent which has only worsened over time.
Lack of knowledge
While most would like to improve circumstances for themselves, they often lack basic knowledge of which steps to follow. Or what path to take to achieve this from their current position. There is a severe lack of information on how to identify opportunities and follow through on them.
Many start off doing the correct things to improve their standard of living. Then get sidetracked. It can be difficult to stay focused on the task at hand over a period of days, weeks, months and years.
Desire for free stuff
There is a modern myth that says people should not have to work. They deserve a fraction of the wealth Elon Musk, Jeff Bezos and other billionaires have. Or they deserve free money from the government paid for by taxes on rich billionaires. This movement trends with UBI (univeral basic income), stimulus checks and free handouts. Those who believe in these movements have a difficult time getting motivated to do anything.
Lack of wage growth
Income for low to middle class earners have flatlined over the past 50 years. While wage growth has only increased for the top bracket of earners. This implies negative wage growth for everyone in contrast to inflation. A negative precedent which has only worsened over time.
Lack of knowledge
While most would like to improve circumstances for themselves, they often lack basic knowledge of which steps to follow. Or what path to take to achieve this from their current position. There is a severe lack of information on how to identify opportunities and follow through on them.
You took the points and expressed what you feel, nice one!
I am interested in that skill and reckless spending, the way the world is revolving today is quite different from how it was during the 80s and 90s when internet hasn’t been to public and exposed people but now that we are now in digital age, things are transforming very rapidly, hence having a digital skills should be a prerequisite for everyone, it saves you even when the traditional education system hasn’t bring anything on the table, the skill will help you while looking for the dream job and sometimes, skills becomes the main job if you find passion in it.
Reckless spending is another problem that do stop some people fromsaving investing, they prefer to lavish their small change on things that they don’t need but on wants, they spend without plan and whenever a man fail to plan, they most often than not do fail at the end.
I am interested in that skill and reckless spending, the way the world is revolving today is quite different from how it was during the 80s and 90s when internet hasn’t been to public and exposed people but now that we are now in digital age, things are transforming very rapidly, hence having a digital skills should be a prerequisite for everyone, it saves you even when the traditional education system hasn’t bring anything on the table, the skill will help you while looking for the dream job and sometimes, skills becomes the main job if you find passion in it.
Reckless spending is another problem that do stop some people from
👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.
I strongly believe skills are needed to produce something when we are not 100% expecting jobs from government. I can't expect job vacancies from the government because so far it's been very difficult to get one (I don't have a higher education). It is clear that skills will go a long way in getting through any economic challenges so far. The world has changed, online jobs dominate many young people and demand them to have skills.Inflation is getting worse, it has resulted in various financial problems. So, if we are not capable of having skills then I can assure you that soon we will be left behind. I remember one message that might be appropriate for anyone who has skills and makes money but I forget who said it; if you only get a salary from your work, then one step away you will be poor.
then it would really be tough challenge for you to get one.This is why some people do really find out ways and learn up new skills which would really make them able to find out other path or career.
We are the ones who do create our future, if you wont act and do hard work then you wouldnt really make yourself that successful.Success isnt something that you could acquire
without doing something.
👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.
I strongly believe skills are needed to produce something when we are not 100% expecting jobs from government. I can't expect job vacancies from the government because so far it's been very difficult to get one (I don't have a higher education). It is clear that skills will go a long way in getting through any economic challenges so far. The world has changed, online jobs dominate many young people and demand them to have skills.Inflation is getting worse, it has resulted in various financial problems. So, if we are not capable of having skills then I can assure you that soon we will be left behind. I remember one words of wisdom that might be appropriate for anyone who has skills and makes money, but I forget who said it; if you only get a salary from your work, then one step away you will be poor.
👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.
even if there is no inflation, being not proactive and in that certain situation will make somebody be poor forever, moreover not willing to work because of the laziness, many reasons uttered every time expected to work. Except that you are living in a country where the poor and jobs are guaranteed and paid by the government unless you are actually a rich man that has so many passive incomes. So, this will not be a matter. However, even the rich man with many passive incomes will not be lazy to work, they will commonly be more active in working. Why? Because they honor the time, money, wealth, and also success. Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourselves to make a difference out of the bad economy.
Government may also have the responsibility, but the most thing is actually depending on ourselves, how strong and serious we have ur own efforts to fulfill all our needs. Whatever the condition of the country, life must go on, we have our own responsibility of ourselves and also our families. 
Reasons you will remain broke as an adult:
Well maybe buying stocks before a 1929 style bear market...
Short but precise. Not only when it comes to handling investments, but also in how we handle our own life. If we never accept changes and adopt it, then we will always be left behind and would gain nothing but mistakes and losses. Always be open minded, and always chase opportunities that will make your life profitable. Sooner or later, you will have a better life because you never stop doing the right thing.Well maybe buying stocks before a 1929 style bear market...
Simple reason why people still broke its because people don't want to leave on their comfort zone because they are afraid to leave what currently they have that benefiting them. They are afraid to try things because they don't know know if they can make it without trying them, if many of us will just have proper education about trying all things that we can especially on opportunity hunting for sure many people can enhance their current life style.
Indeed what you say is true, but the fact is that when we are brought to life with the real world not just theory we clearly have other mistakes again and again and actually to change this is obviously very difficult so that poor people remain like that because regardless of some the point you say is still when the opportunity does not exist then everything will still be the same as before.
If indeed getting rich can be done by changing the points you say, of course now no one is poor anymore is not it.
In life, there are always struggles and unpredictable circumstances that we may encounter. But that is life and it’s really tough and hard. But if we always take chances to learn from all of them, for sure it will help us to face life ahead with more courage and confidence. And while we started being poor, then the more that we should exert more effort to change the life we have. We might not end up getting rich as we cannot get the same opportunities from others, but at least we can experience much better life than before. If indeed getting rich can be done by changing the points you say, of course now no one is poor anymore is not it.
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