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Author Topic: A Secret to financial breakthrough  (Read 778 times)
odunybiz (OP)
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August 02, 2022, 12:28:13 AM
Merited by NotATether (1)
 #1

Some people blame their parent for being poor🥲
Some blame their bad and corrupt leaders🥲🥲
Some blame their country and the country's economy😢😢😢

👉🏾Never blame anyone or anything for being poor.
👉🏾Our parent may be poor, the economy may be bad and our leaders may be corrupt, these are factors that may not  be easily changed.
👉🏾Let's leave these factors and work on factors that can easily be changed, which is OURSELF

Our power to be rich lies in our hands✋🏿✋🏿✋🏿. Let's wake up, get right information, invest in visible and reliable projects, make money and still make more money.....

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Poker Player
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August 02, 2022, 03:25:37 AM
Merited by hugeblack (4)
 #2

Leaving aside social conditioning factors, since it will be more difficult to become rich if you are born into a poor family in Somalia than if you are born into a middle-class family in Austria, a common characteristic of people who are not born rich and become rich is to believe that their destiny is largely in their own hands. There is always a luck component that you can't control but if you want to improve your economic situation you better get off your ass to make it happen.

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noorman0
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August 02, 2022, 04:08:36 AM
 #3

Changing the principle of leadership is easier with the urging of the people's voice, leadership qualities can be seen and protested, or removed if they do not meet expectations. In contrast to ourselves where there is no pressure to change bad habits. Self-control alone is more difficult than one might think.
And investing is not an easy decision. Some people think that investment can only be done with an established economic level. Besides, successful people from poor environment backgrounds are just a rare story.

This space for rent.
Available in mid January 2024 - PM me
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August 02, 2022, 04:58:00 AM
 #4

Changing the principle of leadership is easier with the urging of the people's voice, leadership qualities can be seen and protested, or removed if they do not meet expectations. In contrast to ourselves where there is no pressure to change bad habits. Self-control alone is more difficult than one might think.
This only happen in civilised countries where the people have a say. There are countries where the citizens have to cope with dictators for as long as their tenure continues. Self discipline comes by default when the urge to change ones financial status sets in. This prompt self motivation and reliance

Quote
And investing is not an easy decision. Some people think that investment can only be done with an established economic level. Besides, successful people from poor environment backgrounds are just a rare story.
No good decision comes easy. Success is a combination of patience, discipline and self deprivation. Environment is the least factor that should limit ones success especially in this era where there are lots of opportunities online. With the right skill poverty can be dealt with
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August 02, 2022, 05:48:55 AM
 #5

Some people blame their parent for being poor🥲

There's this one quote — something something if you were born poor, it's not your fault. If you die poor, it's your fault.

As per your topic title though, not sure if you really provided "A Secret to financial breakthrough".

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adaseb
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August 02, 2022, 06:24:42 AM
 #6

You really aren't going to find a secret for financial success online or in a book. You need to do your own research, find what works for you and do it.

Many of these courses which teaches how to trade and become financially secure are all scams. They don't know how to trade if they did they wouldn't be selling courses or ebooks. You need to trade for a few years and see if its for you. Its not for most people.

However there are those that do succeed in crypto and trading and have a very good living. And this is taugh by experience which you can't learn in a book or have someone teach you.

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so98nn
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August 02, 2022, 07:37:44 AM
 #7

This kind of dilemma is highly observed in the Asians rather than Western Hemisphere. The cultural differences are huge and that can impact financial stability vastly. For example, westerners learn to split from their parents or joint families at very young age and they start to earn their own money via part time jobs, internships and starting own business at very very young age etc. However, this can not be achieved in the Asians. The whole joint family concept and “No-independent” decision making criteria makes it harder for youngsters to choose their own career path and financial freedom.

The secrete to financial breakthrough is to work hard and smart based on your situation. For above two categories one would get it sooner and other would get it later based on the situations.
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August 02, 2022, 07:56:11 AM
 #8

Blaming your parents for being poor is a sign of your own weakness. If your childhood didn't suit you, make it better for your children. Only after a person achieves something can he blame someone. In my country, there are many families who live without thinking about the future. Only a few succeed with the help of the mind or fraud. And here, everyone can make a choice for themselves. Is he ready to learn, or is he ready to get rich by deceiving people?

After all, everyone knows, and let's not dissemble, that not all successful and rich people were born into prosperous families, and not all the property of rich people was earned honestly and with their own minds.

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naira
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August 02, 2022, 09:05:59 AM
 #9

How big do you think someone is considered rich? can it be defined only with abundant money? in fact it is the degree of sufficiency of a person that makes him rich.

I still believe in the law of causality where what we do is there what we get. Although not 100%, the financial supporting factors must be adjusted to one's abilities. It can be searched, studied, and cultivated as best as possible. As someone who have religious beliefs, we are required to correct ourselves to be able to clean up before anything goes. Like when you plan to do business but the debt still accumulates along with the interest. It's better to pay off debt first, and then build a business where there will be no obstacles in the middle of the road.

There is no parental inheritance in your future fate. But as parents will not allow their offspring to experience a life worse than what he experienced. Your parents send you to college which they did not feel in their time. A simple example to appreciate what they do for us.

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Smartprofit
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August 02, 2022, 09:55:54 AM
 #10

Some people blame their parent for being poor🥲
Some blame their bad and corrupt leaders🥲🥲
Some blame their country and the country's economy😢😢😢

👉🏾Never blame anyone or anything for being poor.
👉🏾Our parent may be poor, the economy may be bad and our leaders may be corrupt, these are factors that may not  be easily changed.
👉🏾Let's leave these factors and work on factors that can easily be changed, which is OURSELF

Our power to be rich lies in our hands✋🏿✋🏿✋🏿. Let's wake up, get right information, invest in visible and reliable projects, make money and still make more money.....

Usually a person improves in the area of ​​activity on which he focuses. 

If he focuses on physical education and sports, he becomes a muscular athlete.  If he focuses on sex and seduction, he becomes a Casanova.  If he focuses on finance, money and earnings, then he becomes a successful businessman, trader or investor. 

The secret to improving your financial situation is simple - you need to focus on topics such as finances and cash flow for at least an hour every day.  But most people are too lazy to do it. 

The algorithm for financial success is simple.  Received a signal - studied the financial topic - tested the hypothesis "This financial topic allows you to make a profit."  If the topic allows you to regularly earn money, then this should be done.  At the same time, time is a limited resource, so you need to look for business topics with the ability to scale your business. 

If you do this regularly, then your financial situation is guaranteed to improve.

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TheNineClub
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August 02, 2022, 10:06:13 AM
 #11

This is the typical libertarian 'pull yourself by your bootstraps mentality that is completely wrong. You don't have to blame anyone, but not acknowledging that factors like upward mobility, place of birth, political and economic situations, education, and so on, is being completely oblivious to how much those factors have a role in what you can achieve. Believe achieve bullshit must die out. This is basically like saying that people that don't break through their given economic or social ceiling are just lazy or stupid, and in most cases, that's just not right as they are unable to do so due to a myriad of factors listed above.

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August 02, 2022, 11:46:40 AM
 #12

Changing yourself, your mentality and your habits is the most difficult thing in the world. The things that you are preaching are easier said than done.
OP, did you change yourself? Are you working hard towards your goal of becoming rich? Did you become rich right away? Probably not. Grin
Your inheritance and your environment are the most important factors that determine your way of living and your wealth.
You can change your environment, but you cannot change your genetic and material inheritance.
It's way easier for a middle class person to become rich, compared to a person coming from a really poor family that is living in some impoverished ghetto.


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August 02, 2022, 12:47:20 PM
 #13

While you are right that it's in our hands to become rich, I think that's its very hard to gain financial independence when you come from nothing. All the super rich we have now had a lot of help in achieving that wealth. Bill Gates,  Jeff Bezos, Mark Zuckerberg, Elon Musk, they all had help and didn't start from 0. Without having people behind you that help with knowledge and money it's nearly impossible. I think we shouldn't only look at the world and divide between rich and poor in monetary terms. Having a lot of money is nice, but shouldn't be the main goal in life. Having a healthy family is more important.
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August 02, 2022, 01:36:31 PM
 #14

I blame them all.  Cheesy
But it should not render failure of an individual's life. It's easy to blame others about their mistakes but life will go on and you cannot just keep on doing the same blame game because there's no fruit in it. Only stress and lots of bad thoughts will come up.
Somehow you need to start on something.
Investing is a good choice but you need to work first. If your daddy or mommy is a failure and was unable to give what is best for you then be better than them. I am heartbroken with people who would do the same to others just because that's how they learned life from their ancestors.
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August 02, 2022, 02:57:50 PM
 #15

Some people blame their parent for being poor🥲
Some blame their bad and corrupt leaders🥲🥲
Some blame their country and the country's economy😢😢😢

👉🏾Never blame anyone or anything for being poor.
👉🏾Our parent may be poor, the economy may be bad and our leaders may be corrupt, these are factors that may not  be easily changed.
👉🏾Let's leave these factors and work on factors that can easily be changed, which is OURSELF

Our power to be rich lies in our hands✋🏿✋🏿✋🏿. Let's wake up, get right information, invest in visible and reliable projects, make money and still make more money.....

Your definition of being rich also depends on you.
If being rich means, being contented with what you have and the status of living for you and your family, then that's perfectly fine.
Most people is just to greedy that they think being rich requires a lot of money, possession, and luxuries.
However, not blaming the corrupt leaders is incorrect. If you don't blame and tell them of their wrong doings, then who will? They will just keep robbing your taxes lol.

R


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hugeblack
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August 02, 2022, 05:33:57 PM
 #16

When you try to compare a poor person with a person born with a golden spoon in his mouth, then you are trying to compare a person trying to run and someone who has wings to fly.

The concept of rich and poverty is relative and may differ from one country to another, but in both cases you need time to transform extreme poverty into a noticeable rich, and this is rare among poor individuals, but it is normal among members of the rich class. They continued to be poor.

The bottom line is the more you know, the faster the trail will be, but in the end the factors you mentioned determine the starting point of the race.

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Fortify
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August 02, 2022, 06:02:34 PM
 #17

Some people blame their parent for being poor🥲
Some blame their bad and corrupt leaders🥲🥲
Some blame their country and the country's economy😢😢😢

👉🏾Never blame anyone or anything for being poor.
👉🏾Our parent may be poor, the economy may be bad and our leaders may be corrupt, these are factors that may not  be easily changed.
👉🏾Let's leave these factors and work on factors that can easily be changed, which is OURSELF

Our power to be rich lies in our hands✋🏿✋🏿✋🏿. Let's wake up, get right information, invest in visible and reliable projects, make money and still make more money.....

I think only someone who has been very lucky and privileged in life could come up with such a position. Our lives are very much effected by our environment and family fortune from an early age. Anyone has the potential at birth to become anything they want, but from that moment on we can be shaped by what we are able to access. People with money can get a better education, people without money may never have access or knowledge about a lot of things that could give them better odds in life. Corruption can also severely stunt your opportunities as richer families get placed that might have gone to more intelligent or resourceful children. It can also drain money away from families all throughout life and adds an extra tax burden that gives no benefit to the central government which could share those resources more wisely.

R


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bitzizzix
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August 02, 2022, 06:34:01 PM
 #18

Poor people can't be blamed because of their parents or other people, they definitely want to be rich but where to start because all need capital and also find the skills they have that can be profitable and a long process to make it happen.
the best way is to borrow capital that has previously been planned the steps that must be taken to do business or other are very detailed and profitable, hopefully the plan or business is successful and take the next step or invest from business profits that have two options to pay off the loan in installments and also invest no matter how small gradually.
and this method works well as one of my very poor friends did before, as long as you plan in detail, study everything well, have your next goal or target and consistently do it for a year there will definitely be changes and then you will be pretty rich.
but the process of setting up a business to build finances so that it generates sufficient profit is not as easy as a motivator says, because there are many obstacles here and there which if not strong enough to be faced can actually make you poorer.
it all depends on hard work, management, patience and also marketing in any business and also don't care about the government.

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Anonylz
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August 02, 2022, 06:37:37 PM
 #19

There are so many from 'grass to grace' stories out there and it is up to you as an individual to define how you want your financial status to be, there is always a reward in hard work. A breakthrough can only happen when you start working towards it from the early stage. In the midst of corrupt leaders, poor parents or a bad economy anyone can change their future through hard work and dedication. It is all about having the mindset.

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August 02, 2022, 08:08:32 PM
 #20

I blame them all.  Cheesy
But it should not render failure of an individual's life. It's easy to blame others about their mistakes but life will go on and you cannot just keep on doing the same blame game because there's no fruit in it. Only stress and lots of bad thoughts will come up.
Somehow you need to start on something.
Investing is a good choice but you need to work first. If your daddy or mommy is a failure and was unable to give what is best for you then be better than them. I am heartbroken with people who would do the same to others just because that's how they learned life from their ancestors.
If it's too obvious that it was their own fault then I think it's fine to blame them. That's for them to get hurt and will try to not doing the same mistakes again but if we aren't sure about the situation then we better keep quiet because maybe they did that for a reason and it's wrong to just blame them directly because bad karma could come at you and you can also end up on a bad situation where other people will also do the same which is they will also blame you.

I am sure you don't want that to happen so better be kind. They say that when you invest, your money will work for you but I think we still need to work like you said because if we don't have a work, we could pull out the money that we invested later on.
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