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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.

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.

Eventhough you are in current situation where you have a lot of responsibilities brought on your arms still its possible for you to get rich especially if you don't rely only on one job and you are good for seeking opportunities where you can earn some extra income.

Its easy to say all of that but its hard to be done so the best way to have progress is to find more ways on how you can get another source of income, you will never get rich if you only have one job and it will be worst if you rely on 9-5 since your life will be miserable with that set up.

I think he describing the typical 3rd world family responsibility problem especially on asian country which parents usually passed poverty to his children. Children when they turn on legal age to work usually working just to sustain the parents and never have spare money to start on his own family.

This poverty cycle start when this working son/daughter decided to start his own family while still sustaining his/her parents. This cycle will continue to the new child and so on just because people keep building family even if they are still not financially established.

The question is, have you done it?

The problem is not that we don't dare to pressure our families to work harder and as if we don't care. Within the family, there are bonds that cannot be separated, such as our responsibility to the family that has brought us to this point thanks to the sweat they have spent in the form of wealth, energy, and thoughts. As people who know reciprocity, we have an obligation to be able to give it to those who have struggled. Nothing wrong right? Life is not always about being rich, because it's useless to be rich but don't know how to pay for it. There is such a thing as empathy, a sense of responsibility, and care for the family where we remember the services of others. Everything that is achieved is not necessarily your own ability, there are external and internal drives involved in it. Shaping us to be more responsible people.

I think those are very beautiful words but will you be rich if you don't help your family? I never thought I would do that, I will always help my family, help my parents and younger siblings. I think they would also do the same if I had their needs and help

Talking about wealth and financial freedom, the way to get it is by doing business and entrepreneurship. If we are always employees, then financial independence will be difficult to obtain, although it may be realized. However, if you look at the list of the 100 richest people, most of them are businessmen and investors. So, to become a rich person is not by letting go of the family burden but starting a business and investing

All the 3 points that you mention doesn’t make you rich but only make you have a financial stability. Being rich and financially stable is 2 different things. You will need a phenomenal source of income such as blockbuster business or 7 figure salary to become rich and not by just cutting all things that cost you some money because you will never become if you don't have the source of wealth. All that you mention is just ways to properly manage a finance.

People will never become rich if they don't have income that will make them rich.

Investment can provide a way to get rich but it depends on what we invest. If someone want to become rich, a person must be able to make savings from expenses every month so that he still has money to save. But once again, with the current economic situation, it's not easy for someone who works in an office or company to save money.

We may have tried to save money and not buy things we don't need. But sudden needs must always be met immediately and other sudden demands. But we could still work on it if getting rich was our goal.

And by having an investment, we can prepare for the future to be better than now. And, with this investment, we hope to get benefits in the future so that our lives can change for the better. But if it's about family, I think almost everyone would want to help their family, especially if it involves their parents.

The rich side is sebjetif but you seem to lead to economic matters, I will try to follow the pattern you give friends.
In my opinion about the number of responsibilities, it is not something that needs to be conveyed, because in truth you will feel responsible for them if your position is better, why is the mindset in it being revealed, it becomes more responsibility that becomes an encouragement to yourself that You have a lot of dependents and you have to be rich.

The other side is this if someone feels that he has responsibility, he will always struggle harder to be able to help himself and his family, and most successful people are those who have a more sense of responsibility, throwing that feeling is ignorance in my opinion.

What you need to instill in you is, with the many responsibilities means you must have a lot of ability to encourage you to be rich to meet their needs.
If you get rid of that responsibility and if you don't have the ability and mentality to become rich, your position will not have any development at all and that wealth will only be an illusion for you.

Now my question is: have you become rich when you've left responsibilities for your family? I don't know where you came from or what is really on your mind, but I don't see any hindrance to it. I mean, it can make you strive more and give you motivation because if you are just living alone and making a living on your own, trust me, you won't get rich that time unless you are a workaholic and very business-minded. Your family is your guide; trust me, they have more experience than you, and they are giving you advice on what makes you better. My only explanation for your lack of wealth is that you are too lazy to do things.

Well said, mate. This topic made me realize that I am somewhat occupied by some family problems which are stressful and at times consume my mind instead of focusing on the opportunities and accomplishing my goals in life. And it is not easy to escape them especially when you're living together. Right now, I am saving as much as possible so I can invest and then start another business sooner than later.

When it comes to spending, saving, and liabilities, I am very well aware of them. I do not spend over my means nor do I save money in order to buy something unnecessary.

For the first reason if what you mean by family is your parents/sibling then I do agree, some people were born in a poor family and it's one of the biggest reason that prevent them from compounding wealth, if what you mean by family is your own family e.g wife/kids then it's actually your own fault, anyone who want to start a family need to considering their financial condition, they need to be ready on every aspect, especially financial.

Second and third reason is quite similar I think, using money also means buying stuff. I don't think buying 'liabilities' or as you describe something that degrading in value is always bad. If those liabilities increasing productivity then it is a good thing.

In Asian culture, when you're the eldest, it's quite common to be cursed with this "responsibility". I know you're speaking for the general like having a family as father/mother, but this is another reason why it is not common for people here in my country to be a rich individual. Once you hit the genetic lottery of being the eldest one in the family, depending on what type of family you grew, you might be screwed since every burdens of your family and that includes your parents debt will be passed into you.

Unless you have the balls to separate from your family at the legal age which I believe is a common culture in 1st world countries, then you're almost never going to be rich. You might not be poor, but you'll just be average and thank fucking God, I am not a spoiled one.

When you're exposed too much to the internet realm, this is going to be an issue. You still "need" to buy your "wants" sometimes. You're not going to bring your money to the grave. I am not saying that you shouldn't save. Save some, but don't forget to get yourself something nice. Don't feel too bad in treating yourself.

Nonsense. You can definitely become rich. However doing it from zero to hero is pretty difficult. Family plays a very important role here. If you have a middle class family with kids less than 3, it is not impossible to get rich. You just need to play your cards right. If you get high grades and go to a fairly good college, start a business or have a good paying job (like being a doctor), you can become rich in less than 20 years. If you are lucky, you will have enough money to get retired in your 40's, if not you will work till your 50's. As you see age is an important aspect too. Being rich in your 20's and 30's is a lot more attractive than getting it in your 50's. You just have to start thinking about all that while you are very, very young.

1. If you can't handle the responsibilities for your family then its your choice to stay away from it but it will work differently for different individuals. Even though a lot of first-generation people became millionaires and billionaires in this modern era still the old heritage family leads the numbers so it's a long-term process that may happen over the next few generations if that has become the goal of your life.

2. Money management is important but it's just too basic so just rule out it.

3. Everyone knows that we need to buy assets, not liabilities but what they are ignorant is can't differentiate assets from liabilities for example a house can be both an asset and a liability too so one who is intelligent enough to identify will has a better chance of becoming rich.

This should be phrased differently so people don't misunderstand your point.

Your family problems aren't yours but you can help them if you can. Yes, helping doesn't mean giving money, and yes it will be best if you can give them work instead. However, that's when we talk about family members that are still in productive age. What about your parents for example, what do we do if they need money for medications, etc.? So there's no general rule for this thing, each should be treated based on the case. By ignoring them, you may or may not become rich, but one outcome is certain, that is you'll have no family. Managing this issue is important so they won't depend on you every time, and on the other hand, you still have a good relationship with them.

People have been having the same problems and it is not that new anymore because family problems will always be with you as you grow, and it's just it is getting harder as you become older because responsibilities will also grow along with you. Now, you may or may not help your family, that is your choice because I don't think that it is our responsibility either as we are not born in this world to help them but as a human, it's just hard to neglect that and that is why it seems like it is our responsibility even if there is no written rule for that. Remember that is much better if you have a family to depend on, not financially, but someone to run on.

My advise would be, help yourself first because you cannot help others if you yourself is not yet on the position. Just like building a house and stacking bricks to build a wall, you cannot finish your house if you will always give those bricks for them. But that's just situational because we all have our own different choice to make.

(US based opinion)

Marriage  / Divorce and children were horrible to my finances. Marriage is of little to no value here and mostly serves the woman as a means. Then you work hard and become boring and she runs off with a Chad or Tyrone and you flip the bill and lose over half your assets. Heck the court can make you pay her atty to sue you!

Don't get married, don't have kids. There is no need on this planet for more people and having kids is just a societal pressure. If you change your mind just pick any single mother with 3 kids from 5 different dads and pay her bills and trash your time off.

Be single, have wonderful girlfriends and when they stall out move on. Travel the world, scuba dive, fly airplanes, ride motorcycles and keep everything you worked for.

You made good points but I think this is very subjective. I know a lot of rich people who are in a good loving marriage and family. I think it is still more on the perspective of an individual. If you can handle your finances well and smartly, having a family should not be a problem. You cannot force people to not get married cause you believe every outcome will be the same.

You don't need to provide all things, introduce jobs, chances to your family members. They must find it by themselves and you should focus on your job, income, independency, financial freedom.

If they need help and ask you, you can help them when you can do that.

If you proactively help them, they will not appreciate your help but will rely on you more. It is not what you want because you are unable to take care of them forever. It is very big burden on your shoulders and your life will be damaged if you are not financial freedom but want to help many people.

Circumstances and all but no one and nothing would limit you to be rich, if you would push for it. We all have our own struggles on a daily basis. Not to mention successful businessmen/women from different industries who have gone thru same or ecen worse. We all have difficulties coping just to make a living but what would make us better is our drive to be better, basically. Also, will alone won't be enough 'coz u need to act up to it. Luck could also play a keyrole but would you depend everyrhing into it? I ain't rich yet but I do assure that everyday, I am continuing my plans. I managed to finish studying with just pure hard work by doing a part time. I am not there yet but I do believe that I will only lose in life once I choose to stop, which I never had plans of.

This has been the problem in our country. Some parents are passing the responsibilities to their children because of the fact that they helped them grow, and paid all of their expenses. I mean for the parents, it's like "It's your time now to help us, and carry the responsibilities because we can't do it anymore.

What's worse is that, there are some parents who can still work, but they are depending too much on their children that they don't want to work anymore. If the family is rich then it's ok, but what if the family is just a typical family type where they need to work on a daily basis just to have food in the table? I really hate this culture TBH, and I guess I can consider myself lucky because we're not a rich family, but my parents aren't like most of the parents out there who are passing the burden to their children, and in fact, my parents already have savings enough to sustain them when they retired.

I will not follow this shitty cycle of ours, and as much as possible I will not depend too much on my future children when I go old. I just remember in a TV show, a contestant who has a baby that's less than a year old saying to him "Grow fast, so that we will not be poor anymore." I mean like WTF!!.

Financial literacy is very low in our country. Many people always spends on some worthless things. There are some who are spending on things that they don't need, but they just want it because they want to brag it to their friends, or it's the pressure from their peers that force them to buy something they don't really need. There are also some who are getting tempted to buy because it's on sale which is very wrong especially if they don't need that thing.

There's nothing wrong in buying liabilities because at some point in our life, we will really buy some of it. The problem for most is that, they are purchasing only liabilities, and they aren't investing. They don't know what's the meaning of assets, and liabilities.

I don't think that a responsible person of a family can never get rich but he can surely become rich if he utilize his income with a better planning. Everyone faces problems in life but if does not mean that one should not struggle to make his life satisfy but instead he can work hard to manage all the activities of a family and also save some money according to the income and planning.

Leaving family without helping them does not sound good but a real man is that who works properly instead of facing difficulties and problems may be he is involved in a single or double job but his aim is always to make his his family life successful.

You mean me? Do you know the country where I come from, or perhaps if I have grown up in a wealthy family where everything is even available for my family and I don't have to spend money on my parents or siblings, but rather they are even the ones spending on me? Although I can understand that so many responsibilities (which doesn't mean only family) can really tie some people down financially and cause them to remain in just one spot, the person can keep moving, but it's just as if the person is moving in a circle; he or she is never growing. What you must know is that the case you are referring to is not just for everyone, as you have made it look. But I agree with the fact that you said one must put his or herself in a better financial level before they can make more sacrifice for the family.


I think the most basic reason why some people, perhaps not everyone, will not be rich is because of mismanagement of money (which was your second point). Some people can have family issues and Money to solve them, but you must not provide solutions to every problem at once; you still have to apply wisdom and know how to utilise your money. No body is Jesus that can die for everyone.

This is probably the most difficult aspect of saving money. Most people don't know what they want. They see commercials and think they want something, but they don't.
Have you ever been in a situation where you thought you wanted something, but when you bought it you found out that you don't really use it and owning it doesn't put a smile on your face?
I have a friend who bought an apartment because he thought he needed it, but doesn't even live there. He did it because he saw others do it and thought he would be the same, he'd have his own place, but turns out he feels better renting out a room and living in a small space. He's rarely inside and when he is he either sleeps or works on his computer, so he doesn't really need a big apartment.
Before buying something expensive, make sure you really need it, that it's not just for show.

First reason why you don't become rich is hoping and relying on people's empty promises without realizing and your setbacks not getting to the field to work in other to have money, working to earn more money, investing on a long and or a lifetime system

Caring for responsibilities doesn't stop you being rich rather it fights against your savings and financial stability after all at a starting point.
The goal to have money and getting rich is to care for your responsibilities and  the installations of a Financial stability. You don't stay away from your responsibilities in anyways otherwise you become irresponsible while you are out there staging a highily financial status.

The first reason has to do with the fact that I, like many here, was not born into a wealthy family. :)

On the one hand, when you hire (if you have a company or business) members of your family, this can burden you, slow down your business (and lower profits), because instead of your family members, you could hire other people as employees (links to their professional excellence). But on the other hand, there are many examples of successful family business, which allows you to increase wealth in the family and an individual family member as well. I think this should be based on the availability of resources (human capital) that you have and what you are like as a business leader.

The ability to use money is a very important quality. Everyone knows how to spend money. Saving money is stupid because it is subject to inflation and money is meant to be an instrument of exchange, not a savings. Investing is another matter and should be learned.

Are you talking about impressing people with things? How about buying an iPhone on credit? I know of similar examples. In a year or two, your phone model will be of little interest to others, even from the point of view of making an impression.

The only way to get rich I described in the first sentence. ;)

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.

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.

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.

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.

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.

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) 

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.

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.

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.

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.

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.

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.

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.

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,

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.

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.

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.

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.

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.

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?  

I know a lot of people who are the breadwinner in their family they are the only one that has a source of income on their family, I mean its already pretty common in my country I guess it is just a big problem here because early pregnancy here is just high so most of the families here doesn't have enough to have a stable income before even starting to have a child. One of my workmates as well have this problem I mean there's nothing he can do because his siblings are still young so they can't work yet because they are still in school, his mother and father only have a small store but it wasn't enough, He shares to me that it was really difficult because his salary was just for paying Bills and expenses and there's nothing left for him.

I mean it would also depend on your situation like what I've said even though you really wanted to save and invest your money but there is just nothing left it is going to be really difficult for you. It is still possible just having the right mindset but its harder, I mean i just trying to avoid every possible mistake that i can do because i already doing great on my financial.

Your second reason is wholesomely agreed with but, not as much as I would say for the first. Yeah, one has to understand that money not invested does go away and you ain’t getting that back but money invested yields you profit. Even still, you’ve got to know just how to utilize this money so you don’t end up not making plans for the rainy days when it comes.

The first point is one which I don’t completely agree with. Some of the points there yes but, some others sounded a little sketchy. One thing you must understand is that, our world is beseeched with problems and everyone now and then, you’re going to have one come around. Be it yours, that of a family member or even a friend. It’s just normal and can’t be totally avoided but, could be reduced and part of that is by empowerment. On this, you got them right but, on the part where you get to have family work with you;
This has or poses a challenge of its own. You get a little soft in handling serious affairs while dealing with family than other staff. This makes the business to get affected and you wouldn’t want that.

The only possible way to become rich is redirect resources unrequired spending into otherwise unused capacity to produce better in the future.  For most people that will be to invest their time wisely to have a well paying job.   Its always about investing time and/or capital and deploying it in a way which has a unique advantage and regular demand, people have great skills usually thats enough to do well.   Rich only comes from regular success which is hard to do, self made business people tend to be pretty serious people because of that, any mistake can set them back a decade.

Maybe I misunderstood what the OP meant, but what I meant was that we shouldn't leave our families no matter how heavy and stressful it might be. You are right, everything must have a boundary, we can't let them completely depend and put all the responsibility on our shoulders, but don't see them as a burden that we have to throw away. As I said, no matter how bad they are, they are the ones who gave birth to us, our loved ones and without them we wouldn't be where we are today.

income is indeed the main factor for people to become rich, but besides that financial management is also very important to manage income so that it can be in accordance with the target, on the other hand lifestyle affects our financial arrangements, so that a simple lifestyle can be applied, so the remaining income we can divert it to invest or carry out other business activities, I suggest that diversification is needed, because we do not know every business whether it will always be successful or not

Excellent write up, it means you're rich since you're giving advice how to become rich and a rich people will not join a signature campaign because the payment is like a peanut for the rich. See you later when you've ranked up to full member rank ::)

Yep, I mean there's nothing wrong to become a mediocre as long as you're live in full of peace and happy. If someone really want to become rich, just sell your nude photo or porn video on onlyfans. Scam everyone and try to steal anything as long as you have an opportunity.

If I understand you correctly, you mean if someone has money, he should not allow his family members to depend on him? I don't think it is appropriate that way, but I want you to understand that these same family members were with you when you didn't have the money. Now that you do, you want to tell them that they should find their own money. Or you want to find them a way to get their own money, I don't think this is the way you need to treat them. If it's like this, then why are you working to get the money? Is it not because of the family you have at home? I don't know yours, but I'm working because of my family members and myself, as usual.

Exactly. No matter how big your income is, if you don't manage it smartly then it will still be a waste. You will still find yourself losing most of your money. You will notice that you are barely saving anything. Being a smart money handler is probably the most significant key to ensure that you are making progress when it comes to your financial aspects.

You will not become rich if you are not educated about financial literacy.

It's not just about how much you make, but more about how you will be able to grow your funds. This can be achieved by managing your income and expenses effectively. Also, it should be in your mindset that no one gets rich by working alone. Not only will it limit your earning capability, but it will also not give you freedom in managing your time. When you are in business, you are your own boss, so you are in control of your time.

Maybe for some, it's hard because they don't want to get out of their comfort zone. But believe me, if we don't take the risk, we will never get rich. So there's only one way to reach the goal, and that is to take a "risk".

Good luck to those who are strong enough to get out of their comfort zone. May you succeed with your endeavors.

How is finding ways to become financially free mean taking care of others? I am sure you know how it is when coming from having nothing to having something, you won't even remember that some family is somewhere, not until things start getting better for you, I believe OP do make some sense here, sometimes, family members will drag you back from your goal, you trying to change your life is when they will come asking for your help.

You can open a business today and it's not even booming yet, you are still trying to find more steady customers and that's when family will text you that they need something, see man, many people have gone down through this step before, there are too many examples like this in this world right now.

It's a problem growing up from a poor background, and if you say no to poverty it's going to be a bigger problem because you have a lot of poor people around you, and it look like you are the only one with hope, they will haunt you will problems that need to be solve and that will bring you down to their level, you will end up becoming like them.

I take it the other way around, he's not saying that we should give up on our family. What he meant was that we should create jobs for all those who are able to work instead of being lazy and just putting the responsibility on one family member. If family members really love each other, they should share the burden with each other, instead of just placing the responsibility on one person. It is not acceptable for one person to go to work to feed 5 others while those 5 are healthy and able to work. That's what I understand and I see nothing wrong with OP's statement.

OP was trying to list some situations that might make an individual not become financially stable. And he mentioned family responsibilities as on of them. His point is that you might not be able to save or invest if some of your family members depend on you for survival. The money you would have used to start a business or invest in other sectors will be diverted to pay maybe school fees, hospital bills, house rent, and even feeding expenses for parents, siblings, and other relatives. He never said it I good to ignore family members when one is rich.

It is not a bad idea to assist your family members that need help. But you should do this knowing that you have to also plan for your future because you cannot predict the economy. There is a need to plan how to use your income. You should have a budget for each month and if you exceed your money put aside for your family for the month, stop giving. Don't exceed your budget or take a loan because of the need of any family member. If you build a better or more sustaining income base, you will have more capacity to offer more help. But you need to be financially prudent to build viable multiple streams of income. After all some of these relatives will not give you any assistance when you need it.

That's the main point why so many people are struggling today, using our income for consumption and not investing. Saving is good as long as its don't properly and with a goal. In case we save money today only to use it for unnecessary purchases next month or next year it was a bad investment. We need to have a longterm plan for our savings and not give into short-term desires to spend our savings. The main argument for investing our money is that high inflation will make the normal savings account a wealth trap. Even though we might get 2-3% risk free interest, the value is declining with inflation rates at 6-9%. The best approach to saving and investing in my opinion is to only take out interest and profit, but never touch the initial investments. Like that we make sure our investment keep working for us and we can enjoy the rewards for many years to come.

Those who are rich must have families. Can anyone succeed without the help of family?  Everyone has a little problem in the family. There are many ways to become rich. You have to try to keep accounts properly otherwise you will not get success in life. I have seen many rich people who are very money wise. You should always use your intelligence because if you get rich with one thing you will fail. You should always keep your intelligence straight so that you can come up with something new in the future. No one should ever be looked down upon. Expenditure should be reduced from income. You must be diligent. You must not only work hard,but you must have intelligence. You must always show intelligence. For example,a lion in the forest sleeps for 18 hours and a donkey works for 18 hours. Finally the lion is the king of the forest,so I would say that instead of being wise like a donkey,be wise like a lion. I agree with you that investing is the main way to get rich. But investing at once becomes dangerous. If you invest little by little,you will get success in life.

If there were investments that could last forever, that would be great, but we often have to adjust our investments so that they bring optimal returns.

If you focus on a yield of 2% - 3%, then the average person will never become rich, this is impossible due to high inflation. Probably even a 10% yield will not be very successful, or it will take a lot of years for this and the investor will become wealthy only in old age, and this is taking into account the fact that the investment will be successful in the long run.

Achieving wealth is not easy, it requires taking certain risks, using more risky investments and investing more than you can afford to lose. That is why not many people agree to this, but no one said that it would be easy.

This one is easier said than done. When you try to employ your family member to your closest connections, that is where conflicts between this connections will start. Because, you will going to have a hard time weighting things out on who's side your going to take when misunderstandings between them arises. It's always better to keep your family member away from company that is closely related to you.
Also, if you come from a country that puts his family first over anything else, you'll probably going to understand why we always choose not to be rich than abandoning our own blood.

Families could either make your wealth worse or the opposite depending on what kind of family you were born at and hell this is where the that luck comes into place. It kinda sucks for some other people that their money gets pulled down the drain just because their money milks the crap out of their ATM balance.

How come can we prove that those rich people around the internet are "money wise"?  That's at least what they could claim, but I call BS on that one. Being intelligent alone, depending on how you interpret what "intelligent" means, won't just generate money for you. It's a good headstart, since you'll likely land in a well-paid job, but that alone in the long-term isn't just going to cut it.

The first reason may vary from person to person. It all depends on the family structure and the ability of that person to find a job. If he is an old person and cannot find a job, this item disappears. We must always support our family. This is not an obligation, it is a condition of being a family member.

For the second reason you are correct. We need to make the best use of money. Among the many methods, the most effective is investing.

And most importantly, saving may be important for emergencies, but investing is important for our future.

I think the second reason that most people experience and myself included, when I feel a lot of money then I think about doing things that I like like changing cars, traveling abroad and even buying things that are not important like household furniture that doesn't deserve to be replaced.

Don't say no to helping people, stay in between, because you might decide to stay away from your family thinking they will be the cause of your downfall and in the end you will still remain poor, help with what you can and do not overdo it.

Let them know that they also need to struggle, if you are asked for a 100 you can give them 30 and tell them that they don't need to pay you back, that's all you can afford, think trick makes some stay away from me because they feel it's wrong asking me for help.

Not helping won't get you rich either, this is my main point to you, and the hand that giveth always find open doors easier in their struggle, it's in the Bible if you are religious, help some and don't help some.

The simplest reason is that they are still comfortable with a bad lifestyle. comfort can make ourselves forget to give more extra time. Even though there are many stories of successful people, they pressure them to always work harder. don't get caught up in your comfort zone. because of the fact that no wealth can be generated in a short time. unless we were born in a wealthy family. And we are trained since childhood to become a businessman or entrepreneur mentality.

For me, as long as you don't splurge and buy a car, a trip or a luxury phone...All is not considered wasted because the purpose of our hard work is to have a better life and not to torture ourselves in poverty to death, and the money remains unused. Save for the future but don't be too stingy with yourself, enjoy life within your financial means because we only live once. Wasting and enjoying life are two completely different things.

In my opinion, the first opinion that we are only bothered by families who need help is wrong. From a calculation, of course, the families we help are a burden, but in reality, the family that is our responsibility is the motivation and the door to get the ease of making money.

Aside this, every time not invested is wasted, what are the things that are taking much of our time and not yielding any positive change to us, also many of us are too used to one single model of adoption and the way we think to be in one direction, whenever we are doing something but not seing result mean we should stop ad recheck for what's going on, if we are not doing what others does we may not see what others are seing and till then we may keep making comparison but not arriving at their own kind of result, we need a change in approach, mentality and apply new models that could help push what we do to the next level without wasting time, we can also learn more to increase in knowledge if needs.

That's right, because this happens a lot. And it's good before hiring your family members in a company that is closely related to you or your own company, you should assess family members who you know well for your consideration and give firm advice so they can work well. And you also have to act professional in case of misunderstandings, because after all family is the closest place when we have problems.

To be honest, before I got married I was the backbone of my family and I didn't think I should be rich because they really needed me. But what I felt at that time was that I never lacked money or fortune because I considered it a good deed, even noble.
and there's nothing wrong with doing that if you love your family, especially our parents. Because we can't always be like that, because once we get married and have kids, that's going to be our priority, and it's real.

I think so. There are many millionaires and billionaires around the world who have succeeded and built their empires without a family by their sides. Maybe that is why they had a lot of time and conditions to dedicate and focus on their financial and professional development, although after all they become what we call eccentric millionaires, who are lonely and have nothing besides a plenty of money to spend, waste and boast around.

So it really doesn't look a fair exchange in the end to sacrifice the social aspect of their lives for more money and financial achievements.

Agreed, For the first point There is a saying in my country that says "When all our affairs are smooth so that we become successful, and when we are safe from danger it means that one prayer of our parents has been heard by God". I think this is true because it is parents who will continue to pray for us when everyone forgets about us.

So, for me family is not a burden, and you have to help even if it hinders you financially. Because in my opinion, it is family that makes us passionate about making money, family happiness is also our happiness. Not that they are being stringent, but try to remember how the family tried to find money for your school fees and expenses when we were sick. Even though they have to be in debt they still work for us, so it's only natural that we help them when they are a little successful, and have income, even though sometimes it's hard to share a little with the family but believe me you help them don't make us poor.

Honestly, I do not agree with the opinion that you suggest this. Because in your opinion the family is an obstacle or a burden that will block the path of success, and in my opinion your opinion is a big mistake. Especially when it comes to responsibility, a man (especially) is definitely obliged to be able to provide for his wife and family. If the man (husband) doesn't want to support his family and even considers it a burden, then why do you want to get married, and where is the sense of responsibility. So basically, don't make your family a barrier to get to the path of success/wealth, because it is precisely from their prayers (children & wife) that a father or one who earns money can always be given smoothness and success.

I agree with this opinion, because it is true that managing finances is indeed necessary and even mandatory if you want to progress quickly financially. Income and expenses must always be recorded every day, so you know how much it costs each month. Then don't put too much priority on the will, but must prioritize the needs. And finally invest, If all the needs are met, that's the time to insert the remaining money, then save it and after it's collected then start buying it for investment assets, whether it's bitcoin, gold, or real estate.
That way, if it goes well these assets can grow and multiply the money.

Exactly, the family will just guide you their own way to success but we all know that we are all unique and have different skills that could give us advantage for being rich. I think they are lucky enough to have a rich family as they could find their own way to success freely since they have the support of the family as they provide the financial needs you'll be needing in the process. But for those who doesn't have their back by their family has a lot of experience before reaching success as they need to sacrifice, suffer and endure those problems and issues on their own. Yeah I have a belief that you can't have everything in this world, there's something you will feel you lack of it's either to financial, love, family or anything else because that's human nature.

I believe this statement is a mistake because you cannot abandon the family that raised you and still boast of doing well. Family Is everything bro and charity begins at home.
In struggling, you strive for more financial upgrades, and always carry family along because if you don't, when you might reach the top, you may have lost your family while busy chasing finance. That's when you'll taste the depression of rejection from family or total loss of the family you once loved and belonged to.

Your other points are good, but for this very one above, its a no for me.

That is going to be in another discussion because if we all got rich by acquiring bitcoin even before they hit the $1 target, it would still be a struggle to almost all of us because another problem would occur, how can we maintain our wealth and make it more bigger? The answer relies on the holder if how determined he/she is to maintain their wealth because we cannot deny that some people will eventually have a hard time as they don't even know what to do after that.

Back to the topic, I know fate is real and we cannot contradict it but sometimes, we also got to do our own job by dictating our own fate in life as we cannot just sit down and relax while waiting what does the fate have for us. In fact, there's a saying for that, it's not our fault if we are born poor but it is surely our fault if we die poor.

I saw large number of individuals who rely on just a single source of income and also they conduct their homes well. The way of double job is introduced now but there are lots of people in past who just work as government employee and fulfilled all the requirements of his children and families.

They can get rich even with a single income source but time will required because everything cannot happen in a seconds. Bad time goes and good time arrives everything changes with passage of time so no one can says that now if I am poor then will remain poor till death but think about the resources and try to seek that how to conduct the responsibilities.

I have separated from my parents but I always give their needs every month, this is not big but at least with what I give to them it is enough that they are happy with the gifts from their children who are now able to provide even though they have a family.
The distance between my house and my parents is not too far, but I also often do social with neighbors but never discuss about this family relationship they live each including me too, but I am always familiar with the neighbors here.

It must be! If not in managing finances well, then how much income will not be enough if it is still wasteful in spending, it must be balanced with the needs that are needed and I must also be able to set aside to save/invest in other assets (bitcoin). currently I am still working in the office and the business that I live in that I develop with my family + wife the income is sufficient.

Well, you cant really blame out those people who do really try to do their best on helping out their family or relatives in terms on letting them be able to apply for such job even if it would really be on the same company which this one turns out to be a basic thing that you would do as a help but its true on such condition that whenever conflicts arise then it would really be resulting on such situation or condition
on which it might be ending up or in result for you to have some problem towards your day job or on whatever venture that you are into.

This is why some people wont really be that minding much when it comes to this kind of scenario on offering some help even if its available because they dont really like to experience out such hardship on the time
that possible problems to arise. Becoming not rich? There's no way for us to assure that we would become rich and this is something that would pertain about hard work and make out some investment
at the same time it would really be requiring a little bit mix of luck when it comes to this matter. It all varies on the situation basing up on what you do and on what you decide.

It depends how you define "rich" really because to many people that can mean more than money. However even if we are just talking about money then it is all relative, some people can get by on a much smaller amount than others, even if they live in the same area, because of the lifestyle they lead. I've seen people waste vast amounts on leased cars and overpaying for "luxury" holidays, where they could have made their money go a lot further with a bit of planning. With the right financial strategy anyone can become comfortable if they've got an average size job and are able to cover all their bills with a bit to spare. However it requires investing and adding a level of risk to your money, which many people find too uncomfortable.

So you can follow OP's advice, and then die rich :-\

I am not the kind of person who wastes money in expensive clothes, cars or whatever to impress others. I even try to save and not spend what is not mandatory in a normal life, like food, taxes, electricity... but if you only live to improve your position and don't spend your time with your family and loved ones, or if you don't indulge once in a while, you will live a bland life and chances are that you will regret when it is too late.

But I agree with the general rule that saving is better than spending, and investing is a good alternative to increase one's income, taking always into account the risks involved. But as you said, if you spend most of your money in future garbage, you already lost.

Indeed you are right, but on the second flip he is not forcing anybody not to get married, he just released his thoughts regarding the thread. People, like myself, think alongside his ideas or opinion, because on the long run spending time is different from spending money. I value my time and always tend to diversify my time as quick as possible, since the world didn't segregate us from meeting new people, which helps to generate new ideas. They're multiple kids on earth, population control is thriving; born less than 2-3 kid as result of over population. Hence if a single mother exists with kids and no father to ride or lead the family journey a single man can take it as a fresh responsibility to help the existence of those kids. Looking at his points, a man should be able to enjoy his life and not get tied down to people who may neglect him in future, just like the divorce issue he raised. Imagine the emotional meltdown it'll cause the man to share his property or wealth because his wife, whom he worked and stressed himself to sustain, decided to leave him out of few reasons that can be corrected. Hence, in essence, everyone decides what they want and it's rare not to find people who think like us. His ideas are not bad, though raw and forward, but will be of good benefit to the man on the long run. But for what the OP is saying about family, I don't accept that. Family helps us to work hard and provide a good life to make them happy, kicking them out or not reaching out to them won't help us emotionally either.

The way people spend for luxury and trying to achieve expensive lifestyle even if they don’t have enough means to, that’s exactly the reason why they don’t prosper and become rich. It’s like that some of us live their life to impress others and take an edge over unfortunate ones, not realizing that staying in that mindset will only pull them away from their goal of being rich. While others are busing spending and trying to flaunt all their expenses, wise men prefer to do it secretly and when they finally achieved their dream to be rich, that’s the time they will start to get out from their box and show everyone how far they achieved in life.

Maybe because some of the people are having delayed gratification but the thing is they understand and execute it in a wrong way. People that getting high salary their expenses are getting high as well. We should learn to manage both, in order for us not to be unto debt, it is not bad to buy luxury items but we should know our limits and it should be manageable.

I think the main hole for someone in managing their financial management is very influential in their economy. Because if someone is very royal or wants to live in luxury without being supported by commensurate income then he becomes someone who will live continuously under the pressure of luxury without realizing that he is entangled in a lot of ongoing credit.

On the one hand, if a person is able to balance the expenses and income he gets, then he becomes someone who continues to live in an all-sufficient life. A solid reason why we are never rich is because wealth is measured by how much we believe we are already rich. Because the benchmark for wealth is not us who measure it but other people who say it.

I think the main hole for someone in managing their financial management is very influential in their economy. Because if someone is very royal or wants to live in luxury without being supported by commensurate income then he becomes someone who will live continuously under the pressure of luxury without realizing that he is entangled in a lot of ongoing credit.[/quote]

In short, one must be aware of their status, their capability to obtain finances and their source of income.  Also one should learn how to manage their finances in order to set right budget and not overspend while have the ability to acknowledge right investment ventures.  It needs a lot of studying and thought, and by learning that we might be uncovering the secret to get rich.  Having none of these attribute will surely make us broke and unable to step on the realm of the wealthy.

In short, one must be aware of their status, their capability to obtain finances and their source of income.  Also one should learn how to manage their finances in order to set right budget and not overspend while have the ability to acknowledge right investment ventures.  It needs a lot of studying and thought, and by learning that we might be uncovering the secret to get rich.  Having none of these attribute will surely make us broke and unable to step on the realm of the wealthy.

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Need to learn how to lead life with the available resources. What we do now will let us be free and have comfortable living in the later years. This is something proven in everyone's life. In my country the parents work hard and give the comfort to their kids and the kids when grown up moves to the next level of living. Some sort of sacrifice is essential to reach a position. The parents couldn't have enjoyed the life, but they've made better path for their kids. This is the base apart from the investment and other productive measures of making money. So, starting with the base and moving further with educated investment seems to be good.

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Well its me, a sandwich generation that pays the elderly and our kids. Tho Im not married yet but when I do Im gonna pay kids and parent at the same time. Exhausting but it is what it is.

Tho if we want free from sandwiches generation we should invest at a very early age and really have tight budget to do everything. Work hard Invest hard even this would be little bit hurt.

Getting rich is not that simple. Sometimes you need "luck" to get rich and work smart. That's right, work smart and get lucky, because most people think that rich people get their wealth from hard work, but they work smart to outsmart things in their lives. And another factor is luck, most of the rich people get lucky in their life. There are those who are lucky from the results of gambling in one of the companies that are not big and get a lot of money from it, there are those who are lucky to get big projects from their friends, and so on.
Indeed working hard and saving money is one way to get rich, but you have to consider the factor of working smart and luck, because that is usually the biggest factor in someone's success.

A bit vague what you say but OK.


I put savings and investment in the same category, they would be two subcategories of the same thing, but you left out a very important one, giving. In other words, for me, I either spend my money, save/invest it or donate it.


With this, I agree.

Instead of talking about getting rich, because it is a concept that can vary over time and depending on the geographical situation, I like to talk about improving your economic situation. And that is within everyone's reach from the moment they start to control income and expenses and try to diversify and maximize income. With the surplus, an emergency fund is saved and the rest is invested. With this, everyone improves and lives more peacefully.

You can't help a person in that is drowning if you are still taking swimming lessons. This used to be me some years ago. I wanted to help everyone when I got my first job straight out of college. I would feel guilty when I was unable to meet the need of any close family member or friends. But his wasn't helping my own financial condition in any way. I was always giving and would end up having nothing left. I knew this had to change. As much as I wanted to lend a helping hand, I had to acknowledge within myself that I cannot help everyone and that they would be fine. If I don't help them, they would get help somewhere. I reduced the assistance I rendered and things started to look fairly good for me financially.


This is teaching how to fish and not giving fish.


This is true but you must not forget that for some people they are already have a disadvantaged background and no matter how much they try to cut down on their expenses, save, and invest, they just can't seem to have enough left. Remember how they put, the money you saved ends up saving you.

Assisting one's family is a virtuous pursuit. In fact, the members of our family must collaborate harmoniously to address any challenges that may arise within the household. At times, familial issues play a crucial role in shaping our future. Therefore, our primary duty lies in fostering a more conducive family environment, thus creating a support system that facilitates everyone's journey towards success.

Remember, even in the direst circumstances, there remains a caring family that values your presence. Do not squander the precious bonds of your extended family.

Regarding the most effective expenditure, indeed, investment holds great promise. Nonetheless, each individual possesses varying financial standards, and it is a matter of adapting accordingly. Above all else, prioritizing health is paramount.

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.

You forget to add, there is just too many want to scam you, friends, close friends, spouse, sibling, but are all look totally nothing more than scammer in the eyes, people are getting more and more savage by the day, due the soaring pressure, soaring stress, soaring inflation, survival bias is too soaring to skyhigh, a one used to be sweet and nice guy would one day turn into backstabbing unreasonable conman, it is not that they are very bad person, when survival of the fittest forced at their head like a pointing gun, what else choice does a person have? Either dead or alive.

There's a popular adage that says "teach me how to fish don't just be giving me the fish" , leaning on that I'll say the richest families are not those with one wealthy trillion and poor brothers that depends on him to clear their bills but it's the families where each person in the family is in a comfortable standard of living having not to bother the next siblings to be able to meet up his responsibility, each financially independent of themselves.

They must not all be millionaires or billionaires to be called wealthy family but long as they've got a good source of income/jobs that each person's lives comfortable that's  what matters.
I can only sum it all in one word mismanagement.

If a man is irresponsible then that man is terrible. When a family is born, family responsibilities must be fulfilled. When you were young your parents didn't even think of spending money behind you they sacrificed their own beautiful future just to make your future bright then how do you think you won't take the responsibility of the family. Changing one's position is not the most important thing, living well with family is a very important thing. Money is not permanent, you have a lot of money right now, you may not have that money at some point, so it is never right to avoid family responsibilities just to increase money.

What you said is so accurate but it is highly dependent on the economy you find yourself. Relatives in developed countries does not depend on their relatives to be prosperous and neither for any financial help. Probably, the government has provided the basics of living for everyone and they also have some unemployment entitlement until they are legitimately employed. This cannot be said about so many under developed countries whose government doesn't exist or are simply corrupt.


This is very common among the youths who doesn't live according to their budget, rather they live according to how their age mates and peer group live. They spend more than necessary and most times cannot account for their spending.


This is not proven. Investment is not the only way to become rich. You can save your way all the way to richness and I am serious about this. Try save upto 20% percent of your income and see yourself in the next 5 years.

Your words may help some, but in my opinion, all I see is your subjective opinion. It may seem that you have a bad opinion about your family, but the truth is that you cannot deny your responsibilities and obligations towards your family, and ensuring your responsibilities towards your family. is an important part of life.

My point is that putting yourself in a better financial position is also part of the family responsibility. When we are economically stable, we can provide a better environment for and free them from dependence. That is to have empathy, a sense of responsibility, to care about family members and to become a more responsible person instead of denying and abandoning family members as you said.

The points you listed are all correct but it all depends on the environment and situation you found yourself in, first off, there are no escape root of surviving without spending money on daily basis but your ability to spend on the things that are needed matters alot. For instance, spending is very easy than making money but you don't complain after spending money on some unforseen circumstances because they must surely come but saving to sort out some financial problems is the key to surviving in difficult times so no one should see spending on things as unnecessary spending.

What are the things you feel are not needed that one spend on? I think we spend money on things that are needed by us or others so long as you are not influenced by anyone to spend I don't think we consider things we spend on as things not really need because no one actually forced you, concerning savings, you can only save when you have enough to eat that means your financial power is above average but I don't think people will have money to save when they find it difficult to afford meals and other things which are the basic needs of human beings. When it comes to investment, you only invest when you have the financial strength but when one is without a good job and skill, I don't think such person will have what it takes to think about investment of any kind.

Having family obligations can be balanced with your daily life. The best way to support the family is not just about giving money but to offer real help to train members of the family to be independent and self reliant because money will finish some day or may not continue flowing like you said, so if you have succeeded in taking part of the family out of poverty earlier enough, when the money stop coming, you can also get a helping hand. Life is a circle and we have to move with it.

The constant balancing act between spending and saving is indeed a constant struggle. It's a ubiquitous part of our lives, isn't it? Nonetheless, I'd argue that our perception of "needs" is very subjective, depending largely on our individual lifestyles and socioeconomic backgrounds. While we all spend on necessities, the definition of "necessity" can vary vastly from person to person

Moreover, it's interesting that you link savings directly to surplus income after meeting basic needs. True, in a practical sense, you're right. But, isn't frugality an attitude that transcends financial states? Isn't it possible to save, albeit small amounts, even when our finances aren't exactly overflowing? On investments, I agree; it's a privilege not everyone enjoys. But we mustn't overlook the power of micro-investments and the potential for economic mobility they present, don't you think?

The only reason why a person never get rich overtime simply because he is not working on it. Because even if you are helping your loved ones with their finances, that is not enough reason that you will not prosper on your own. The more that you are supporting your family when it comes to financial aspects, the more that you will strive hard in your life so that you will achieve financial stability in order to give more to your family. That is not a burden for me but actually a motivation for me that everything in life is possible as long as you keep on doing to the best of your ability and you will never stop taking advantage on every opportunity that comes especially if it will improve your status in life.

You should really be mindful about putting up boundaries or having that mindful on keeping up some savings or extra amounts which would really be saved up for yourself and not really that giving it all when you do

tend to support your family.Its never been bad on taking up some responsibilities sometimes specially if you do see your parents are struggling and since you have finished up your studies because of their sacrifices then it would really be that giving out that kind of being guilty if ever you wont really be supporting or helping them on the time that you do see that they are still struggling on letting your brothers or sisters taking up college or even on the needs inside the house on which you cant really turn your back but of course everything should be on limit.Save up accordingly or some portion of your salary despite on having that kind of support because if you do go all in, then you cant really see any progress in your life.

You would really be coming into a point that you would really be realizing that it is really just that too much.You are sacrificing your own life for theirs for too long.
This is why you should really know on how to draw a border line when it comes to this situation but not on all of your life you would really be just like that. Sooner or later you would really be
already the one who would be raising up your family on which it would really be just that right that you should really be preparing for such manner.

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.

I don't disagree with OP about responsibilities because it is true that responsibilities do make you slow down in progressing in your own life and career, especially if you are the sole breadwinner for the whole family, including your parents and siblings and your wife and children, and if you don't have any inheritance that can make you rich without having to struggle yourself, but I also agree about your point that we have to move along with these responsibilities.

There are a lot of people who are successful, rich, have a lot of wealth, and take care of everyone that lives with them, some even help their relatives if they have a big heart. So, responsibilities might slow you down, but they can never stop you as long as you are determined and have a lot of dedication.

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

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.

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.

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.

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 .

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.

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.

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.


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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

very true in some areas, breaking away from dependence on family is very difficult, you will be labeled as a disobedient person if you are unable to help your sibling who is in trouble, even though you yourself are in need of help, being independent is really better.

apart from that there are some people who when they get a lot of money they immediately buy the latest car or smartphone, to be honest both of them are liability products and in the next few years it is possible that the expensive purchased goods will become worthless, investing is something that is very mandatory in many people do today.

In my opinion, rich and poor are a mystery that we cannot control, facts in life are of course very diverse, rich people do not depend on education, intelligence, heredity and so on, I have friends who at school have bad grades and there are friends who always have grades nice, disciplined and always get rankings, but life nowadays is that the stupid ones are rich and have employees while the smart ones are still poor and only get minimum wage salary.

The only key really is taking risks; that is the only key to getting rich, but lots of people, even myself, are staying in their comfort zones, meaning we are scared to take risks or we have just other reasons, like we don't take risks because of failure, meaning if we fail, we don't have a backup solution and we would starve, including our family. If we have a backup plan, we will take those risks and try our luck to see if they are worthwhile.

You have a point here. Most billionaires are willing to take risks in order to open new doors for their businesses and connections. However, unfortunately, some of us cannot afford to take that much of a risk as it may put us in uncertain situations that can cause problems to our finance and family. It will be hard for us to stand back up or if worse comes to worst we take loans and end up with more problems to deal with.

How to use money and how to protect money can be one of the main reasons behind whether one becomes rich or not. Getting rich is a very difficult thing for those who have a habit of spending too much money. Even after earning a good amount of money every month, when you don't have enough money at the end of the month, you need to understand that your spending is high and you need to control it. Money is very important for every moment of life, so money should always be taken seriously. There is no point in spending money without additional needs. If you can't reduce your money expenses even after trying hard enough, then one month you will not accept salary and one month salary you will hand over to your mother and one month you will try to live very hard. When you try to live without money for a month, you will understand how money can last a lifetime.

We cannot deny that there's kind of culture in that way on the first statement most of the family members keep supporting each other so they contribute their money even though they don't have left on them and I feel that situation too its one of the responsibility that we cannot remove unless you want to focus in your self, another thing is make your self educated with the investment and change your lifestyle, one of the best examples is there's a person who knows investment properly with their money, but the other one keep making a lifestyle inflation too which is their expenses increase and not to keep making an investment in the future.

I agree.

Cutting ties with toxic family is the best thing to do to save yourself and to bring bright future for your own. Being used by toxic family like making you their retirement plan is the worst thing ever, because you have no responsibility or whatsoever to be their retirement plan in the first place. It's not bad to help them but to the where they are obligating you, that's a red flag.

It's not gonna make you rich instantly but at least your mental health is safe without toxic people in your life. A healthy life and a clear mind will always bring you something good.

I do not agree if you are stingy with your family for the sake of material pursuit to achieve financial freedom, family includes parents, siblings and wife. They are all people who always care and support you from being nothing to becoming a successful millionaire. The success you have achieved is thanks to your hard work, I agree with this, but the role of family cannot be separated from the success you have achieved. For me personally, I will do anything to help my family even if I have to postpone success.

Family is one thing that cannot be separated from our lives, helping your family doesn't mean you don't know how to manage your finances. There is a very emotional relationship that cannot be separated between a person and his family, never forget the people who have contributed to your life just to pursue financial freedom, wealth is important, family is far more important.

How much ownership is worth someone who is considered rich?
In my own area, the criteria for (so to speak) rich people are in the lowest strata:

• People have no debts.
• Able to maintain his family life.

The thing is wealth is a relative thinking, I personally will take this simply. If I can enjoy what I produce as I desire, that is true wealth. Today many people are rich materially but they are actually attached.

Wealth is indeed subjective, depending on one's personal view of wealth, say it like what you gave an example that simply not having debt and being able to support a family can already be said to be true wealth, that's true and I agree with your thoughts, but maybe it's more precisely this is based on the general view of the economic class which has certain categories in its assessment, such as income levels, education levels, various needs that you can fulfill without thinking about payment because you have a high income from your job or business.

And achieving general socio-economic welfare is indeed quite difficult and some of them have barriers to reaching that point, such as laziness, not wanting to study, not doing more work or no investing and so on.

Making yourself independent from family than having more dependents could be a reason to stop a person turning rich. The basic thing is the acceptance of the people. Poor people were surrounded by the level of people and they come to a conclusion this is how life needs to be. Lets accept and move on, and this needs to change. Next major thing is the lack of knowledge, and they earn someway but don't know how to use it in a wiser way or how to invest properly. Maybe one these things could change overtime.

Some of our article we write in the forum happened in real life, i such love like this article because it's looks like what that happened in a real life and what op stated is one of the following things that brings some people down, what I know concerning  the statement is that family challenges doesn't bring people up and what it does is to bring people down and if you are not careful enough in family problem it will make you to poor, it should be good for you to know that family problems suppose to cut off from your path if you want to succeed in life. One of the things is that you have to your to be pure and that will make a rich to continue to be rich because you have identify your path

Sooner or later, you would really be making out those self realizations that you must really be having that kind of savings for yourself in terms or in talks of future because giving it all would really lead you nowhere

and on the time that you are the ones who would really be needing then you would really be finding yourself on huge problem since there's nothing left on you.This is why you should really be not able to forget on what are the important things.There should be always a limitation and i do agree in some words that you must really be tending out to set those lines because you cant just gave out everything like forever.
Its true that there would really be that sense of responsibility on to your family on the time that you do finish your studies and able to get your job which it isnt really that wrong
but we know that if everything is been given out on the sense that there's nothing left then this is where bad things happen.

You wont really be seeing yourself to be that progressive if you do lock up yourself on such condition. Always be that considering on having that kind of mindset which is something
that would really be good for you.

That is a possibility but only if your family members have enough education to be able to learn digital skills or be able to learn about any other skill that can help them get a job somewhere or at least start a business of their own but that will again require ample investment which they won't have initially. Also, if your family members consist only of females, then you don't really have that choice of making them financially independent because a lot of people wouldn't want their females to go out and work, I know it's a conservative thought but it does happen a lot.

Also, things like these only happen when you don't earn enough to feed both your own family which is your wife and children, and your other family which is your parents, grandparents, and siblings. If you earn a lot of money, you shouldn't have any issues feeding them as well.

Correct; the concept of wealth is perceived differently by each individual. Who said that I wanted to be rich myself? I don't understand why the OP is indirectly implying that everyone's goal here is to obtain wealth and become rich. There is numerous evidence through statistical analysis that shows that there's a balance between happiness and how much money you earn; for the U.S., it was approximately $70,000 if I remember correctly.

Personally, I'd be satisfied if I made enough money to be independent and live comfortably, and by comfortably, I mean being able to not worry about making ends meet and saving enough to fulfill my wishes.

Getting rich is a decision we need to make by ourselves and also work by it. Becoming wealthy is a meter of decision making and going closer to people that have good business ideas so that we can improve our business knowledge. The friends we keep is also an important part we need to play to be wealthy. When we associates ourselves with people that are wealthy, there is high tendency that we might gain some business ideas from them to create a profitable business that will give us good profits.

There are many things to consider which might have resulted to why some people are not rich and may not get rich unless they make some changes to those things, part of which is what you've mentioned, friends is one of the reasons why some cannot get rich except they discover such and learn to stand alone without working on friends decisions and influence, another thing is addiction, there are things we get addicted to which cannot make us get rich no matter what because the rich mentality doesn't work along with doing those things

Cant agree more with you, the comment is indeed interesting and i can feel the honesty in it, as a married man myself, and also not being married to the perfect woman, i perfectly understand things from the angle he's coming from, but then, that can not change what have been ordained to be and last forever, make all the money in the world, without you being married and having your own kids, your life will still be full of emptiness, something will always be missing in your life, think about when we get old, and can no longer walk, and maybe cant see properly too, whos child are we going to adopt to come look after us?

No marriage any where is perfect, all it takes is both saying "lets make this work no matter how hard it is", this is why in the same US, and like you've mentioned, there are a lot of wealthy men, married, with kids, and living a happy life knowing that when they die, their wealth will not be thrown to the street for just anyone to pick up, but they already have children who will take over their wealth as well as legacy .. Did the Holy book say that a prudent man, that is a wise man leaveth inheritance for his children, children children and even great grand children?

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

Not as easy of making rich friends the way you think, the only way of making rich friends is either you ate rich only or you are succeeding in what you ate doing. If you are struggling trying to come up I don't think all your  circles of Friends will be rich, you only become rich first before having rich friends. On the journey of becoming rich it is just important to have friends that can enfluence your growth positively to become rich. If having rich friends is the shortcut of becoming rich poor people would have made friends with rich people to become rich. Becoming rich involves so many things like good planning, working hard and surrounding yourself with people that can play good role to greatness.

On the point where you mentioned that, becoming rich isn’t something for everyone; I am wondering why the hell not! Like is there an under written rule that forbids certain people or group from being any rich? Surely, I question the existence of any but, over time I’ve also heard of people who seem to have sort out for wealth haven’t tried several means and often ends up failing. Even the once rich once goes broke and poor at times. They had all the experience to run a business and did great but, all of a sudden, they find themselves failing in business.

On this, you start to hear fray and diabolical things that could relate. I for one don’t do much believe there could turn any effect from these unseen forces but, could it actually be a course to some bad business or investment choices.

We cant really make out some judgment into those people who are really that having the plans on having no family on which they would really be definitely knows and aware about those conditions or situations on the time that they would get old on which there would be no one would be inheriting all of the money that they worked hard for but well its their own choice to make but in general sense which it is really that hard if you dont have family. Yes, you do have the richness but the feeling of contentment wont really be there because you are really that having able to spend your money on something. We know that love cant be bought
and this is why when it comes to materials in the world then you would be finding yourself that capable on buying everything but not all would really be able for you to do so.

We do have different decisions in life on which there might be some decisions which do really look like good but there would be always criticisms.

There are number of reasons why some people never get rich or achieve significant wealth. These factors include, socioeconomic back ground, lack of education and skills, no investment knowledge, but the main factor that determines the success or failure in our lives is mindset and beliefs. It is crucial to cultivate positive attitude towards the challenges we face in our daily life. By doing so we can transform hardship into opportunities and reap the benefits they offer including building wealth and prosperity.

It's quite normal to help our family. However if your siblings (and other members) are already grown up, can work on their own, then it's time to remove yourself in the picture as their breadwinner. Because if you don't change what they used to, you can't focus on yourself since you're always connected to your family even they're not your responsibility. It's good to help but let them learn how to earn by working hard so they can feed themselves.

A person with a goal of becoming rich knows how to manage his finances and aware what things are worthy to buy. Saving and investing are part of the process, the result depends how determine and wise you are to know when to spend, save and invest.

I like how you are able to point out what OP failed to include in their post. It is the reality, it is within ourselves. We need to grow and learn, which means going through obstacles in life and learning from it despite the outside factors that are affecting our financial status. Yes, there are various aspects that are influencing  the rise and fall of our financial journey but if you do not do anything about it and not find a way around it then that is when you know you'll never get rich.

In fact, to succeed and become rich requires a lot of factors combined and in the journey to find that wealth, there will also be many challenges. Each person will have a different situation, so there will be different challenges, no one is the same, but there is a common formula to overcome all that is never to give up or stop every time you stumble.
As we grow up, there will be hundreds of problems to worry about and deal with in life, but if we don't give in to the difficulties, face all the challenges and find a way to solve them, we will be rewarded one day. Don't just blame others when we have difficulty or failure, instead, find a way to overcome it.

I don't agree with this, your first point at least.
If you're talking about extended family and distant family members then I might understand, but if you're including your immediate family, your brothers, sisters, cousins, nephews, and nieces close to you, then I don't agree.
Sitting by and watching your "loved ones" suffer for something you can help them with is on a different level of selfishness. "
What's the point of the bread if my niggas can't eat". That's what J. Cole said in "Middle Child". If you can't help out with the little you have you most certainly can't help with your millions of dollars. If everybody in the world waited till they were financially stable before they could help people out then there will be very little help in this world.

They don't have to be dependent on you. Nah, that's not what I meant, but you should be able to help them out every once in a while when they need help that you can give. And it doesn't have to be just your family members, your friends too.
If a close friend of yours is in need, help him out my man, provided you can provide that help.

People always want others to make sacrifices for them, but nobody's willing to make sacrifices for others. We can't keep leaving like that. I'm yet to see a wealthy man that said the reason he's rich today is because he cut his family off.
People like you are the people that will complain if a rich person doesn't give back to the community.

Sorry for that, it should have something that on my own point of view, and not in general, like what you have said there's no written rules in terms of anyone who can attain that luxurious life, just on my own interpretation that becoming rich is not for everyone. Thank you for pointing at that one.

On point, the wrong choice of business or investment affects you financially. Failing means losing your money that reflects to your financial capabilities.

I agree with your opinion, @Fredomago. Despite the fact that luck is not the only thing that makes people rich, we know that hard work, decision-making, determination, persistence, and passion are all drives to success, just like you said. Some people take advice from the wrong person, which is why they don't also make progress along the way. Like you said, if one attaches himself or herself to someone who has already achieved success, there's likely a possibility that they can learn from the person and gain some good will from the person. Example: If someone who runs a milk production company is going to take advice from someone who has no experience in milk production, obviously he might not get the best advice from the person.

Luck is the wild card that makes things easier.  But without luck, I also agree that there are more factors that can contribute to one success.  This factor is the more sure ball thing than relying on luck.  Factors like being knowledgeable, passionate, smart, hardworking, contacts, and people and financial management can outperform luck in terms of securing wealth during our business and getting rich endeavors.

For me, family is the trigger and driving force for my enthusiasm in building my finances in a better direction. I have fallen and my family is still beside me. And then now I have returned to be better financially and all of that also thanks to the moral and emotional support from my family. Who continues to support me and help me in everything. Be it material or emotional. And I don't like to think of a family as a burden. But I prefer to think of my family as my motivation to work harder and get better and better.

And don't worry, because our families also have their own businesses. So that we don't need to feel too responsible for everything about the family. But we must always be there for our families when they need us. Because they will also be there for us when we need them.

The most important thing that we must fight against in order to become rich is to avoid being lazy and wasting time. namely in a way we must always make the best use of time. Be productive all the time and manage your finances well. Keep prioritizing primary needs and only buying secondary needs within certain limits.

I also agree that saving will not make us rich. And it is true that it is investment that can grow our wealth and make us rich. It's just that what we need to underline here is that we have to invest in fields that we are good at and we have seen the potential and risks well. Don't just rely on speculation without fundamentals. We still have to look at the fundamentals and then the potential.

I agree with your points of explanation, we often hear the term "experience is the best teacher for success" meaning that personal experience or other people's experience will move the steps towards success, so we must seek work experience according to expertise or discuss your expertise with experienced people then they will suggest some steps based on their previous business building experience. However, if we want to get rich from trading or investing in crypto then look for people who have experience with good analysis skills on the potential of the crypto market, we must prioritize someone who analyzes top coins and they have steps to minimize the risk of loss.

The different language placement of the two examples we are trying to discuss can prevent someone from getting richer. So what if people don't have money to allocate to savings, investments or running a business? These are two different and very foolish examples when people with more financial means are unable to allocate their money towards investments, savings or business.

I agree with the point of the value of money that we have in five years, when the money is saved and even though it is not used it is also unproductive because its value does not change or it may decrease. It's different when the money is used for investments that can maintain the value of the currency or try to develop a business that can be developed, this is where the ability to recognize a good investment or make a review of the business you want to run.

After we are looking for people who are experienced in certain fields, both in business and in crypto. We ourselves also have to prepare other preparations in order to be able to carry out the suggestions given by these experienced people and also adapt them to the expertise we already have. Because almost everyone living in this world needs other people to get up, whether it's getting up from the bottom in the business sector or getting up from the bottom by learning about crypto trading and investment. The point is that experience will always be needed because it is part of basic knowledge.

My first book I read on the subject of finance was Robert Kiyosaki's book "Rich Dad, Poor Dad". And let it seem very simple now, and the truths spoken in it are obvious. But then this book just shocked me. I learned what assets are and what liabilities are, for example, a car can be both an asset and a liability, it all depends on whether you provide taxi services on it.
But all knowledge does not make sense if there is no deposit in order to make a lot of money out of it. And the problem is that a permanent job does not bring a lot of income, the salary from it barely provides for the family. And it does not work out to put it on deposit. That's why most are poor. They can't even lift their heads above the water, forcing themselves to spend all their energy and time on the family.

The ability to distinguish between assets and liabilities is very important, but not everyone can do it. For example, many people consider real estate an asset, even if it does not bring them any profit, but they believe that one day if they want, they can sell it for more and therefore it is an asset. But it may not rise in price, but rather fall in price, this often happens if the house is not taken care of properly. And the one who creates assets that can make a profit on a monthly basis can become rich, and the more such assets there are, the greater will be the profit.

As for investing I agree that it increases our chances of getting rich, but I can't understand what you are saying, what does not having to work hard to help the family and ignoring the family make us rich? I think helping our family will not make us poor. If we can help our family then we help according to our ability, right?.
If we ignore our family in my opinion it gives the impression that we are someone who is better than our other families. In my opinion people who are calculating with their own biological family will not be able to establish connections or communicate with other people because it is clear that this is selfish and selfish.
If we have a succes business, how can a colleague or business partner look good on us if we just ignore our family?.

Would you say a car is a liability? I use the car for logistics services and I know quite well that it will depreciate in value five years from now. So, how would you classify this- a liability because it will depreciate in value in the coming years or an asset because it will increase my company's revenue in the coming years?

Change here is very important and we need to understand the reason why until we make changes to the usual ways of our life things may not really change well for good, it all begins with things we are passionate about, work towards excellence and be determined for perfection in all things, when we give a new approach to how we think and reason, things will definitely change for us in our business, career and life as a whole.

Lolz, the first one definitely sounds like me. I think this is a pretty close life situation for every common man on the earth irrespective of their geolocation/country. I mean if I am supposed to feed my family, and look after their health, dreams, and desires then yeah I am ending most of the salary on it and thus making it look like what's being explained in the OP. This is what happens to me always. This is why I am working more, having multiple income sources and, basically a bunch of things. But do you know what does that mean? It doesn't mean I am going to be rich soon or the other way around because that is still not enough. I am more or less just living the normal dream and sustaining life. This is definitely a result of inflation, the ever-growing costly affairs of government, infrastructure, and the hard life.

We have to invest in the right assets not only investing for the sake of investing we can only get rich if we are financially and investment literate you are right that people are saving so they can buy stuff that they want to buy and this is not good, but we should also at all times think of saving for rainy days and to create a profitable portfolio.
People are so materialistic that they want to have the latest gadgets and what's the trending brand in clothing, if we cannot moderate our greed and expenses we can't ever be rich.

I think the statement "invest in assets and not liabilities." should be more expounded. When it comes to investing, there needs to be more clarity about what constitutes an asset versus a liability. Many people mistakenly believe that buying a big house or a fancy car is an asset when in reality, these are liabilities that drain your finances.

Instead, smart investors know that actual assets generate income and appreciate in value over time. This can include things like stocks, bonds, rental properties, or even a small business. These assets can grow your wealth and secure your financial future, which we can relate to the car which I assume is acquired through loan. In a sense, it is a liability because it is an obligation of past event that will result in an outflow, but at the same time the car (asset) is giving you an inflow through using it for logistics services.

That is why, it's important to do your research and make informed decisions when it comes to investing. You'll want to weigh the potential risks and rewards of any investment opportunity and make sure that you're confident with the level of risk involved no matter will be its results.

You don't know what's in store for you. Who doesn't want to be rich?  Admit it or not, more or less everyone aspires to be rich. There are many reasons for not being rich. Most of the people in today's age spend hours and hours watching various sports. The reason you can't get rich is because you hang out too much. One of the reasons for not being rich is laziness and lack of proper planning. If someone thinks that I am not studying or I am not able to study so I will leave my studies and do business then the first thing that will come to his mind is what people will say. Yes I agree that investing is the only easy way to get rich. Those who try to do good work to fulfill their dreams in life. They lead life by following their dreams.

The only difference between rich and poor is thinking. The rich people invest in assets that put money in their pockets and poor people buy liabilities like they will buy motor cycle but they have not enough resource to be able to buy petrol. They buy mobil phone on monthly installments. In comparison, rich people invest in assets like they buy property that  will increase its value. Poor people spend money in things that show they are rich but in reality they are poor. Rich people invest in real assets like they buy running businesses. Poor people save currency and currency value is in control of government. Rich people invest in real money like they invest in gold that retain its value.

I agrees with you, that the most prominent difference is the mindset, both in using money, managing expenses, giving abilities and increasing their life value by shaping themselves better, that is the average of the rich position themselves in all fields To be in a better position economically and his life, and on average the poor do not have a mindset about how he uses money to get more money, they use the money he has only for what he wants and makes prestige as the first order They think rather than adding their income. Poor people usually like things that make him comfortable in the zone that does not make it better, and I feel that what happens to my parents, it makes me understand why my parents are not in the best position in the economic world.

Trues, rich person keep thinking how to make their money more increasing at the future trough investment assets and collect some property until high values assets in the future, but for poor people mindset they are trying save money in the bank and worry use it for investment fund and get increasing up later. But have some fatal mistake from poor people less knowledge with wrong investment like hype due easily earn money without harking work.

Before having much money or become rich person, need to manage well money management and good planning in the future after having money which one side worth for investment, not only in cryptocurrency many real business side profitable at the future depend manage well spent with our money.

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.

Because I think 97% of success is determined by mindset, so we need to change our mindset. There are to me five reasons most people never get rich.
1. Not believing life can change.
2. Have no plans to get rich.
3. Good at making excuses.
4. Don't know financial management.
5. Have no purpose in life.

But for success, it's not just that we have a lot of money but success is when we can make other people have hope and when we already have a lot of money and can raise the hopes of many other people.

But if you do make yourself get in trap with this kind or type of situation on which you are really that making yourself that supporting out your family and having those continuous expenses then for sure you would really be

trapping yourself on a condition on which you wont really be making see yourself on having a progress.Somehow, it cant really be that avoided that you would really be having the felling or responsibility when it comes to your family because there are really that feeling which you do need to help which it is one of the things that would hinders out your success or progress. In speaking about buying out liabilities like cars or other possessions that doesnt really appreciate when it comes to value or doesnt really generate out income then you would really be finding yourself on struggling later on, on the time that they would really be asking for some maintenances on which it would be adding up on the expenses and on the time that you are just earning sufficient then it would really be putting you on a tough situation.Just like on what most people been saying on here that it would really matter on your mindset and money management because if you arent that mindful about these things then you wont really be realizing that you are spending that much on something that you shouldnt really be spending on just because its there and you have purchased it which it would really be included into your responsibility on maintaining it of course.

If you don't put in the effort to learn new things, put in some hard work, and have the belief that you can succeed in life, having the intention of succeeding won't make you successful.

If you are unable to take risks, no matter how much you believe in your plans to get wealthy, they will never materialize. In my experience, the bigger the risk taken, the greater the benefit, and vice versa.

i forgot where i heard that, but they say the Chinese have a belief that taking care of their parents will increase the fortune of the children who take care of it and the money will keep coming and believe it or not, i see a lot of these words really effective for them.  i live far from my parents but i remember their sacrifice to me so i always send money to them regularly, saving is important but saving kindness to my parents is far more important, be rich because of your hard work and smart work,  don't be stingy with old parent, nature will hate you.

Before we can conclude that a car is a liability it depends on what you use the car for, some times when we use a car for business and the business is bringing a passive income that car is not a liability.

The car we should conclude as a liability is car we know the only function of the car is for a casual movement, so when you are using a car for a casual and it doesn't add any function to your weekly and monthly income I believe that it's call a casual movement, let me say in generally that car can be casual to you depends on how you use the car.

Yes, it all depends on needs. Sometimes there are people who use cars for business needs and there are also those for convenience and to save on public transportation costs, so we cannot conclude that cars are the reason, in fact I think the opposite.
In my opinion, buying something that is not useful in life, only fulfilling desires without any effect on needs or convenience is a barrier to stabilizing our economy, and that cannot be said because everyone will be different.

What I also see is that I often see people who spend their time on activities that don't produce anything they do really waste their time on temporary pleasures. It is true that investing will indeed be able to benefit, but before making an investment we must first study in what field we have to invest, after that we can plan well so that we don't experience losses in investing.

You are right. When I was a kid, I saw my parents financial illiteracy.They invested in things that did not give anything in return. My friend's father who was a small business owner, he built a huge empire through business. He made networks and invest in many assets that gave huge money in return monthly or in the form of equity.My father was a government employee. When he retired from his service , he had no skill and no financial knowledge. He had wasted his all time to serve country and after retirement he struggled. My brothers university fee was greater than my father and pension . Me and my whole family struggled in this phase. In comparison, my friend's father gave his sons and daughters  university fee conviently.

I think the most important factor that makes many people fail to become rich is because of the mindset, many people have a monthly salary of less than $ 1000 per month but their lifestyle is more than $ 1000, maybe he is influenced by social media so he wants to show anyone that he is rich, then he is in debt and if trouble will sell cheaply.

It is commonly said that all work and no play makes jack a dull boy , personally, i do not see or consider personal or temporary pleasure as a good enough reason why anybody will not succeed, it all depends on the individual's character and attitude towards his financial life or aspect of his or her life.
While working, its never a crime to from time to time, take some time off to rest and do whatever make you happy aside work, this will not keep you away from succeeding except you are the type that never bother about tomorrow and investing, but rather spend every thing you have now lavishly believing tomorrow will take care of itself, such a person will find it difficult to succeed.

Facts at this time are so, many people waste time and money for things that are not productive, the presence of the internet makes it easy for us to find anything, as long as we want to learn of course we can succeed in the future.

Right. And the funny thing is that Robert Kiyosaki in the book constantly advises investing assets in real estate, he repeats this phrase many times. As far as I know, the book was published in 1997, and I'm sure many followed the author's advice. And in general, I have also always considered the real estate market to be quite reliable. But only in 2007 there was a mortgage crisis, because of which all real estate in the United States, for example, fell in price by 23 percent. Therefore, those who had previously invested in real estate on Robert's advice became much poorer. He is also a bad adviser, so during the formation of bitcoin, Kiyosaki absolutely did not take this technology seriously.

It's totally depend upon our needs and our interests where we are spending our money. Most of the time people use to spend money on stuff that actually they don't want. Last time what happen to my friend is we were roaming around shopping mall, casually he was checking watches but while going in his hand in carry bag there was an expensive watch which he don't have need in that time. This kind of habit never let you become rich. And yes one more thing people never become rich with one income source.

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.

Yes, I agree with you. People don't have patience, they want to become rich in one night.
They invest in a thing which he does not understand. They are trapped  scammers. Scammers get benefit from this opportunity and they fraud with people. Financial literate people invest in thing about which they have knowledge and experience. No one can change anyone else life but himself or herself. If a person thinks that he has to change his life, in a few years he would be in a better position. Only difference between rich and poor is mindset. Rich people invest in real assets and real money. Poor people invest in fake assets and fake money because they buy liabilities but they say that these are our assets.
Poor people think that their living house is an asset and should be big investment but rich people think that their living house is  a liability that will take money from their pockets in the form of gas bill, electricity bill and repairing cost of house.

Now you mean that because of familial concerns, he will prevent someone from being wealthy? I disagree with you; I don't believe that leaving your family in order to be rich is the best option; you can't make it without family help and prayers, and I don't believe we will survive if we don't help each other; even if you are in financial difficulty, that doesn't mean you will isolate yourself from your family because of the problems you have with each other. Now, if you don't own a business and only make money online, you can't support them if they are in need. All of the things you describe cannot prevent you from being wealthy.

Some people waste money because they do not trust investments, because they have been duped. The fundamental reason why more people do not invest is a lack of trust.They've been burned before, and the "once bitten, twice shy" syndrome kicks in. They are also unaware of the benefits of investing and the protection that is available to ensure that your money is not lost.

Do you think there is no other path to success? I think people like this are mentally weak because they don't believe in other opportunities while only relying on the main income for daily needs, unless you have a lot of family to support.

If you have a smart mindset on how to increase your income without relying on just one job then it makes a lot more sense such as opening up services, skills, or other bases that you may be able to improve that can become additional income.

About investment instruments it is good as long as you stabilize your finances then you can try investing, but remember you have to be a little patient to go through it sometimes it takes years for your finances to improve.

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.

Also there are really just that people on sticking into what they do believe or on what they must do and this is why decisions would really vary.If they would really be deciding on supporting their family as long they do have
the strength and have the job on which there's no other way that we could stop them since their mindset and decisions are fixed and in tact. It might sound absurd but they are really making themselves get hindered on having a good life on later years knowing that having no savings just because you do set out other priorities.I cant really that blame though because there's really the sense of responsibility when it comes to this situation.
When it comes to money management and investment then it would really be the most common path of success but its not something that we would really be able to assure knowing that there's a failure rate.
So lets start from the roots, now that you are deciding on making a business or investment, how you would be able to do so since you have been supporting your family for long years?
which it do lead up that you dont have money anymore to start on?

I completely agree with your input bud, I've always believed that gone are those days when an average person succeeds on just one source of income, although back in the days, there were not too many opportunities available, so the ones that were available were a kind of paying well, But in the world we live in today, Opportunities are every where, and even as a banker, or secretary in a company, you can also look for side hustles to do alongside your job, side hustles like learning how to and become a professional crypto or forex trader, you could also train your self to become a blockchain developer or analyst..

And for some people, or most people rather, their side hustles is what sometimes ends up making them the rich, some most of the time, day jobs always comes with a fixed salary, but side hustles like crypto trading comes with unlimited opportunity in terms of possible amount you could make in every month.

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.

I agree with the method you described in the first point by teaching your family to be able to live independently so that they can earn their own income and that will allow you to use your income for your personal needs and that will make it easier for you to get rich quickly.

What I see is the same, there are many people who can only work to make money but cannot control where the money is spent due to their lack of concern for the money they earn so they use it for momentary satisfaction without even thinking about what they will do if they don't able to do work like now.

We should help them but if they can still work and refuse to work and rely only on us. So do you think we should continue to help them?  the people I am talking about are siblings, aunts, not your parents because they are the ones who raised you and you need to be filial to them. 
As for getting rich, there will be many ways to achieve it, depending on the choice of each person.  many people do not invest but they do business successfully and vice versa.  the path to becoming rich is many and we should choose the path that suits us best.
 

Yes, of course it varies in terms of income and sometimes it doesn't really matter because the price of necessities also increases every year but it's always not worth the price increase. So, regarding the tips on investing in the capital market that you convey, such as good financial management, understanding the types of investments we will invest, continuing to diversify investments. Deepening investment knowledge is basically a guide.

Btw, the question now is Can someone Get Rich Quick by Not Investing? and this seems interesting to know and try it in fact many of us are still lacking in terms of capital in trying and running an investment.

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.

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.

They become dependent on you when you give them help when they are in need. It is sometimes they become lazy because they are not thinking that there is someone who will save them and provide for their needs - and this really happens in many of my countrymen. Maybe, that was our culture but I couldn't agree that much because that was the reason why we are not yet achieving our goal.

Indeed, we must also know our priorities especially if we already have other families to feed. It was not hard to help them when we are financially capable but if we are still struggling with our finances, helping is just an option.

I agree, if it were me, I would also prioritize making money and my financial freedom first. Because to help our loved ones, we need money, if we don't have money, how can we help them? I'm not saying we should ignore them and focus on our work, but don't put the responsibility of taking care of them first.
Think about it, what if we only focused on caring for them and forgot about making money? What if they need money for health care and we don't have the money to help them? I will prioritize making money over anything.

I'm not familiar with the kind of family you're referring to, whether it's a nuclear family or an extended family. In a nuclear family, especially if you are the family head, it is your duty to support your family. If it is an extended family, I have nothing to say. It is not a good idea to keep money or invest money to get rich while putting your family through hardship. You can also invest money into your family, especially your kids, and become wealthy in future. All I know is to avoid wasting money on things that are neither necessary nor desirable.


Yes, I agree with you that when accumulating wealth, you should refrain from spending money on items that will always be a burden to you. It will be difficult to become wealthy without that. For illustration, consider an automobile. When you try to get a car even if you don't need it because your buddies have one, it will only wind up being a responsibility for you because it will occasionally develop problems that you will have to fix. Also, because it is a depreciating asset, you sell it for less money when you decide to sell it. We should just focus on our own business and avoid competing with others while accumulating wealth.

with the second reasoning as to why we will never become rich i somewhat disagree though, spending, savings, and investing not as easy as many have pictured out to be honestly.
there are so many things that determines your overall success. one of them being your talent, not everyone talented in that field, like limiting spending is fine, but saving sometimes you just need to know how to avoid your saving from getting eaten by the inflations. moreover with investing its the same thing, so many kept talking about making good money out of investing, truth is, its not gonna be that easy.
investing takes a lot of effort in analysing, even with someone that knows the all three doesn't necessarily means they will be rich, i always think that the important thing is that, you raise your income whether its double shift jobs, passive income or anything like that.

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.

First of all we have to give utmost importance to time. No time can be wasted, every opportunity should be taken advantage of. For those of us who don't work on time or waste time, it is very difficult to achieve success or become rich. To be rich you always have to think about multiple sources of work. Try to grow your current workplace or business. If you dig into the personal lives of the world's richest people, you will see that the world's richest people did not get to that position so easily, they worked tirelessly and valued time very much. If you want to see yourself in the list of rich people, you must be hardworking, honest and entrepreneurial.

It is necessary to arrange time management in order to maintain and increase the productivity of financial resources according to the wishes of each individual. Time management needs to be arranged to divide time on more productive things, family and rest.
Apart from focusing on work, you need to rest and gather with your family. With enough rest you can work in peace, your mind is not disturbed when the relationship in the family is always harmonious. Successful people always manage their time well, they don't always focus on work, without rest your health will be disturbed and will affect your productivity at work.