Topic: Working over 20 years still poor - page 6. (Read 1239 times)

then something understand in this your principles because you are not far from the truth many people do work very hard but they cannot achieve what someone but they will not achieve what someone who works in feel time achieve, so I believe that

It becomes funny when an individual mismanages their money or monthly income, and yet they still say it's not their destiny to be rich or poor.

We humans are born with two hands,legs, eyes, and one brain (except for the disabled), but every individual decides for themselves how they want their brain and mind to be developed (I am not exaggerating). For example, someone who envisions themselves as rich, works smartly and becomes so calculative that they make good financial management of their money, but most people don't train their minds on how to build wealth or how they can possibly expand their income.

So I don't really agree with that ideology of some people saying it's not their destiny to be rich, or some saying they are destined to be rich. Whether you have one destiny or none, if you work smartly and also learn how to expand your income, you will make a good living just like everyone else.

Life and chances happens to us all in life and what differentiate each class either rich vs poor os the opportunities that come along the way for both individual and their level of knowledge to manage the situations as come along the way, take for example, it doesn't matter whether rich vs poor we all have equal time 24 hours but what we use that time for is what determine each person.

So the level of our financial life is determined by what we invest our time into and how well we manage our resources because it is very important for everyone to make proper use of their time doing the right thing and taking the right risk. They

I don't think it the same work they did.. because if it's the same it's wouldn't take 20 years.. because hardworks pays..it doesn't matter how long as long as your determined and work hard it will surely pay off..

No such are not individual destiny but individual naiveness about spending and saving to invest in assets.
For every man to be successful in life such a person need to have a percentage of his earning that will go to investment in asset and skill development not spending everything or saving the fund in the banks that are collapsing lately.

While I can agree that there are people who are born with better opportunities than others, things are not supposed to be like that, one being confined to depend on our "luck" or our destiny.

Some of you may not agree, but it is the duty of the state to provide people of all kind of backgrounds the opportunity to improve their situations, increasing the equality of opportunities. People in the far left believe rather in the theory of equal results, but I view that solution as a punishment towards those who took an opportunity and worked hard to take the most of it for the sake of their own future and their families.

One can have a job for 5 years and change one's life, but perhaps it is a job which requires special education, going to college, while anyone can sell peanuts in the streets for 20 years and go nowhere. That is the difference.

That can be the case. I can attest to that thinking, I'm working for over 30 years
and have little to show for them.

We are constantly reminded of how we need the latest thing which are all aimed
at taking our money. If we manage to live within our means there is a very good
chance we can survive comfortably on our earnings.

Financial education is also important but unfortunately not everyone gets that
education until like me its already well into a working life.

Poor management could lead to poverty if you don't plan well with your salary,  have seen people that retired and die in poverty. They lack management and contentment, people should learn from these people and learn how to save from the little ones you earn.saving is good it makes you prepare for future plan.

Good plans and saving will help us to prosperity.
But how would someone be working for years and have no Savings plan. Without Savings no one be rich, if you don't save poverty will be calling you.

Does it mean the number of years you have worked will make you a millionaire or a billionaire? this is the truth any you must understand it now before you think that you need to work for your entire life before you become rich in life. Once your salary can't take care of your needs, pay your bills and you still save up for future there's no way you will make it even though you work for 50 years, your destiny does no generate money but proper planning and saving does and if you can't say while your working how will you think of making it working for 5 years?
Also know this, the only way to get out of poverty easily is to establish a personal business or invest in a business that has good profit margin else you will end up working without having something to show for it.

This made me remember the meme about a worker and the boss that has a new lambo. And the quote goes,

We're on the new era of the world where source can be found almost everywhere but it's most likely those that are skilled the ones who are benefiting from getting out of poverty.

Related to new tech skills, they're not yet obsolete at all thus, the pay is higher compared to the ones that are already old skills and seems to be obsolete. Look for a career path that hasn't that much professionals yet with that skillset and be the one who has it.

That is vastly relative.Do not take for granted that people who work the hardest make the most money,it is exactly the opposite,those who have become millionaires are not the hardest working persons on earth,well except a few that maybe but most of them work smarter and let money work for them soon after making it.People that are still poor after 20 years of work (me included  ),the error we make is that we don't invest money but keep saving it and that is the biggest scam which will keep us slaves to capitalist owners  for our lifetime,unless we change the way we think and invest our saved money things will not change at all for us.

I’ve found that when it comes to not being poor it is mostly how a person handles their money, not how much they make that determines their net worth. If you’re the type of person that needs new cars and expensive shoes, you’ll probably be broke your entire life no matter how much you make. If you stay away from debt and don’t waste money on things you don’t need, you’ll probably end up quite well off financially. However, most people today don’t know how to live within their means.

Look, I'm going to speak plainly because with that mentality you're not going to progress in life. To talk about destiny is to have an extremely magical-religious conception of the real world, which is not going to serve you on a day-to-day basis, or to believe the garbage communist ideology that makes you believe that because you are a low-skilled worker you are going to stay that way all your life because capitalism oppresses you.

Nowadays you have more opportunities to progress than ever, much more with the internet. If you have a job that pays you little, train yourself better, look for another job, or even if you find it difficult and you can't, look for ways to earn money online. One way in this forum are the signature campaigns, in which many people participate. What they pay is a good extra income if you live in a developed country, but in a poor country it can mean a whole income.

It is true that negative circumstances sometimes prevent us from progressing and that there are people who have bad luck, but the people who progress the most are those who believe that they have destiny in their hands, despite the circumstances, instead of the other way around: believing that they can't do anything because of destiny or the supposed oppressive capitalism.

It depends on you whether you believe in fate or not.
Some people do not believe in destiny and try with all their might to change the course of their lives, some survive and others fail.

In any case, we as human beings must make our efforts to succeed in life, regardless of what our destiny is.

To make it in this life is actually something of luck, and also because of plan.
If you fail to plan, you are eventually plan to fain, while sometimes, irrespective of your plan, if you are not destined to make it it will be very hard to make it, but it is always good to have good plan.

For me this boils down into few things.
1. The person behind the work
2. The burdens upon him.
3. The social status of the environment.

1. The personality of the person behind the job matters a lot and could be a number one reasons to such differences. Life will be a lot more difficult for someone that acquires more expenses to himself through liabilities than creating avenues for assets. The best way you can build more assets is through investments. As you make money out of tbe work you do, plan to make an investment plan to it. Investing in Bitcoin is a good choice to make.

2. The burdens on the individuals varies. Burdens could be that of family and friends. If they are tied into an environment that harbors people with poor mindsets, they will face more issues around trying to feed extra mouths, instead of just themselves and their immediate family.

3. The social status of the environment they live can differ. For instance, if Mr A lives in a community with relatively low income earners, he's likely to spend less than a highly developed community or a smart city.

So we could be earning the same amount of money but wirh different ways of consumption.

Working over 20 years still poor


Work another 20, and maybe the boss will give you a gold watch when you retire.

Depends on the situation. There are workers that have been working 10-20 years and then they're part of the sandwich generation and that's why the life don't have any progress on them. And that's because they've been obliged to sustain their parents needs and not for them.
There's also the difference between someone who knows how to manage his finances than of those that are lacking financial knowledge.
That's why some even have shorter tenure of employment gets more assets and better handling in money and managing it.

Personally, i think this all boils down to making good plans and drawing deadlines to when you want to achieve them. This is something most people don't master throughout their careers thats why some people excel more than others.

Another factor that can affect this is that most people invest and create more than just one source of income for themselves when others solely depend on their salary hence giving them an edge over others.

For those that wants to make good profit, creating more than one source of income is the way to go.

OP, there's no such thing as luck or destiny in what you said, I don't believe in that happening, your joy today can be someone else sadness, what works for you can never work for me so what I'm saying is that you just have to wait for your turn.
If you check some people got employed same day but didn't get promoted same day. If there's no poor there won't be a rich person. And no matter the duration you sink yourself in your job, if it's not your time it will never be your time to grow in any business until God says it's your turn to shine.