Reasons you will remain broke as an adult

[odunybiz]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

👉👉You are not teachable :Some people act like they know it all and would not take to corrections. Such people don't allow people who have gone ahead of them to show them the way. Then they start making mistakes and taking the wrong steps which could cost them heavily. You need guidance as an adult whose desire is to do away with being broke forever.

👉👉Failure to take action: This is a very key point. You may always attend seminars, read books and highly knowledgeable but always scared or too lazy to take action. You can be likened to a farmer who has the tools and necessary implements to work and make cultivation happen but just being lazy around while boasting that he has them. This can make any difference in his life. Taking necessary step can help to bring an end to one poverty.

👉👉Reckless spender: Some people spend anyhow. They spend money on unnecessary things. Every money that comes to them is for enjoyment. No saving, no investment, no planning of setting money aside with the aim of multiplying it. They spend it all on unrealistic cravings and frivolous activities. You are likely to remain broke as an adult if you lack self-control and spend recklessly. You need discipline if you are truly sure that you need financial.
https://tribuneonlineng.com/reasons-you-will-remain-broke-as-an-adult/

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

[1714648370]

1714648370

[1714648370]

1714648370

[1714648370]

1714648370

[1714648370]

1714648370

[1714648370]

1714648370

[_act_]

Good ideas, you are not wrong.

But this is the other side of it:

Inflation increases poverty rate, resulting to increaing unemployment. This is common in Africa most especially because they have bad leaders.

Did you know that a buried talented person in Africa have high chances to make use of his talent in countries like US, but rather the talent was buried in poverty nations. This could be because of not being educated or lack of exposure to the modern world.

[hugeblack]

You can write a long list of things that make adults poor, but it is difficult to narrow this list to how to change poverty behaviors into productive behaviors, especially since many countries of the world suffer from inflation, narrow job opportunities and difficulty in finding job satisfaction due to the lack of competition.

Therefore, knowing why you are poor is not a problem as much as changing the habits of poor to rich.

[DooMAD]

So much of this is exploitative nonsense in a weak attempt by companies to justify paying slave wages.  Not everyone can have a dream job no matter how much effort they put in or how qualified or skilled they become.  Job markets are finite.  Just because you learn something new, doesn't guarantee a position will magically open up for you to apply for.  Or that you won't be competing with dozens of other applicants when such an opportunity does arise.

And it's still no guarantee that you'll be rewarded for your efforts.  Many people working in the health service as nurses or midwives spend years to become qualified to help save lives.  No one would dream of calling those "easy" jobs, yet the government in my country still had the audacity to offer them a paltry 1% "payrise" (hint:  if it's less than inflation, it's not a payrise).

And the vast majority of jobs available are considered relatively "unskilled".  But that doesn't mean they're easy jobs where you can simply coast.  And all of the people making good money in highly paid jobs are always the first to complain if people in the service industry, notorious for sub-par wages, don't provide the service they are expecting.  Ultimately, you get what you pay for.  And too many companies are not paying their staff a living wage.  There should be no such thing as "in-work-poverty".

By all means, give yourself the best chances you can by being skilled and proactive, but it will not guarantee success in this current economic climate, where capitalism has been utterly bastardised and perverted by the ruling classes.

[stompix]

A lot of the adults are broke for a completely different reason, while they keep giving advice and having also a plan on their own, when it comes to reality and not theory there is a sudden wake-up call, all those encouragement speeches, all that motivation fails when you realize that when it actually comes to do it stuff for real, not to just think on how you will do it there is a huge difference.

As I just stumbled on his name on a different topic, Kiyosaki is a great example, he made millions "teaching" them about economics and business and how to make money, but when it came to applying his own teachings in the real world, well, this happens:
'Rich Dad, Poor Dad' Author Files for Bankruptcy for His Company


So less lonely bored housewife-level motivational speeches and documentaries, more real-life experience. Behind the keyboard or the video camera, everyone is an expert on giving advice, when it comes to actually do it, you can see the outcome everywhere around you.

[aoluain]

I have come to the conclusion that after over 30 years of working my wealth has not really
progressed in any meaningful way. I put this down to a number of reasons.

Commercialism - on my part of being a wreckless spender line the OP's last point.

FIAT Banking - letting myself become ensnared by traditional financial system

Wage Slave

It's up to everyone to try and break the cycle of working to pay loans and or succumbing
to the allure of the "I want" culture.

Or being more financially literate.

[cabron]

To be financially literate is not taught in school, we realize this when we already have responsibilities to shoulder.
Hard to say you will survive when the whole country you live in struggles to float. With economy and companies are shutting down, it really is hard to make money even when you apply as a maid/cleaner or lawn cutter, you may still struggle to find customers.

If only its free to harvest the wild life and sell them for food, life wouldn't be this hard for someone who has the skills to shoot. 

[danherbias07]

Love the conclusion part.
The blame game had always been the point of view. They don't even look if they were lazy, too hard to teach, and other things like you mentioned.
When they learn something, they tend to get stuck with it or they go think like they are pros.
IMHO, I like being a newbie every time I see a chance. To learn more. To be updated with recent changes in how things are done.
Right now, it's getting way difficult to find a job because there's a lack of manpower needed thanks to the internet and new applications that could do it all.
You have to be wise and try to learn other things, new things, and apply them to your old knowledge.

[virasisog]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

That is one of the major problem in our country. Citizens especially the poor always put the blame on the government. No government is perfect and there are always issues of corruption in all of its branches but we can't blame them for our personal status. We will remain poor if we'll not look for opportunities to earn and to change the path that we're taking. If we are poor now, we should find ways to improve our situation without relying on the government.
The government can only provide us with temporary aid but they can't actually solve poverty completely. The change will start if we'll acquire skills and grab the opportunities that can take us away from the yolk of poverty. But if we will rely on our fate at the hands of the government, we will only remain poor forever. The government isn't always reliable, to be honest.

[panganib999]

It's much easier to put the blame on the one afflicted of poverty than to actually take into account the multiple factors that which contributes to one's impoverishment. For instance, the government, admit it or not plays a very crucial role in determining their country's poverty index. Less opportunities for education for instance, as well as the basic commodities like food, job, healthcare, and affordable cost of living which could be allocated, if not wholly provided by the government could cause much of its population to fall under poverty. Unequal opportunities brought about by such happenstances also causes poverty, you wouldn't blame a 6-year-old boy completely quitting schooling to sell recyclable trash only to cover up for his family's expenses, would you?

[Furious 7]

Indeed what you say is true, but the fact is that when we are brought to life with the real world not just theory we clearly have other mistakes again and again and actually to change this is obviously very difficult so that poor people remain like that because regardless of some the point you say is still when the opportunity does not exist then everything will still be the same as before.
If indeed getting rich can be done by changing the points you say, of course now no one is poor anymore is not it.

[uneng]

Each individual has his Achilles' heel which prevents them from going further in financial life. The points mentioned on this thread are true, but then, how can people overcome those difficults and obstacles in their personal lives and more exactly inside themselves?

Past experiences affect our behavior on the present moment, especially if those were negative experiences. I understand people who are scared or insecure of trying something new because they have already tried and failed before. Traumas and frustrations are constantly adding in life while preventing people from going ahead.

[BIT-BENDER]

Many reasons can make anyone financially incapacitated. The top of my list is discipline well I say this because is one thing to know how you make money and it's completely another thing to ensure the money doesn't just go away into thin air.
I have come across people who at a point through their skills, education, opportunities, got financial breakthrough but after some time they lost almost all they have earned. I can reconcile their situation to lack of discipline.

Money is intoxicating especially when you have lots of it, it is discipline that keeps you on your toes to ensure you make adequate use of money when you get them, to create cash flow for yourself (more avenues to making profits).

[gantez]

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

This time in the world you can not go out to work in government office or your own office but you can stay on internet to be lazy to another people but you provide good money for yourself and family with business online.

Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

If you admit to it that the government do have to contribute large in the success of the masses out of poverty you don't need saying the other way not to blame the government. The government has all to make the masses not to be in poverty but they put people into poverty yearly , they go into war and displacing of people and you lose your business and love ones and contacts so how do you survive or make yourself come out of poverty if you have manage to build some space of success already because they go into war. Look in Ukraine displace people don't have homes to stay, they find it hard to survive because of war in the area. It is the government having the responsibility to secure good environment for business for the masses and without this masses will be hard to leave poverty line. Afaik the  government should help people out of poverty with good environment, loan also.

[nara1892]

It's difficult to do what the OP says for various reasons, here it's not always from the individual who is less aware of it, because indeed we can't ignore the role of the government in this.
Maybe I'm here to talk about what to do as an individual. I think one's ability to do what the OP says should be based on a foundation of discipline. Because what I see from some successful people are those who are disciplined in any way. Yes for me that is the main foundation that one should have. Besides that, there is such a thing as being consistent, that's also what I personally find difficult to do. Because we can learn things like that skill and with the development of an increasingly modern era I say it will be easier to learn something.

[goldkingcoiner]

I think you might have made your list a bit too long. There are too many variables when it comes to humans. Not everyone values the same things the same ways. Some people do not value money as much as others. Some people value money too much. As far as making money goes, the main issues can be narrowed down to two things. 1. Not having/obtaining a skill and 2. Not spending your money wisely. Plain and simple. Every other problem can be derived or traced back to these two problems.

Also, you need to realise that everyone has a different "broke borderline". Some people see a few thousand dollars a month as broke. Some people are happy with a few hundred dollars a month. Depends on where they live and what their values are, really.

[Oceat]

The only very reason I find why most people are broke is because they were too lazy although, it's not always the main reason but mostly it's because of their laziness that's why they end up being the same as before. If people were striving just to survive or to get out the poverty, they will in no time but it should always come with a self-control and patience if they want to continue succeeding since it's not always about how hard you work but it's also how you control yourself from being a reckless spender that would lead you to becoming broke someday.

[Fortify]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

👉👉You are not teachable :Some people act like they know it all and would not take to corrections. Such people don't allow people who have gone ahead of them to show them the way. Then they start making mistakes and taking the wrong steps which could cost them heavily. You need guidance as an adult whose desire is to do away with being broke forever.

👉👉Failure to take action: This is a very key point. You may always attend seminars, read books and highly knowledgeable but always scared or too lazy to take action. You can be likened to a farmer who has the tools and necessary implements to work and make cultivation happen but just being lazy around while boasting that he has them. This can make any difference in his life. Taking necessary step can help to bring an end to one poverty.

👉👉Reckless spender: Some people spend anyhow. They spend money on unnecessary things. Every money that comes to them is for enjoyment. No saving, no investment, no planning of setting money aside with the aim of multiplying it. They spend it all on unrealistic cravings and frivolous activities. You are likely to remain broke as an adult if you lack self-control and spend recklessly. You need discipline if you are truly sure that you need financial.

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

One thing I found and was guilty of myself for a long time was the sheer lack of financial knowledge that people possess even into their 30's, 40's and beyond. For many people even mortgages are a mystery until they come to use them and pensions might be the entire extent of their investment knowledge. However once you start getting a real interest in holding company stocks for the long term success, instead of trying to make short term easy wins, then you get a much better understanding of how the financial world works. It takes a lot of real research and absorbing so much new information but it can really set you up for long term success in many aspects of life.

[trendcoin]

I can't say that I'm broke, but I didn't get what I deserved. I missed dozens of opportunities where I could make more money. I didn't make enough money because I was afraid to take risks. I didn't have enough money to risk it because I had to pay off some debt. Fortunately, I managed to pay off my debt, but I could have done a very good job if I had taken more risks. I hope I will achieve my financial freedom in the next cycle. When that day comes, I will feel like a gladiator who got his freedom certificate by fighting in the arena in the Roman Republic. :))

As a result, I was not broke, but I did not gain financial freedom because I had no money to risk. The reason I failed was because I acted cowardly.

[South Park]

You can write a long list of things that make adults poor, but it is difficult to narrow this list to how to change poverty behaviors into productive behaviors, especially since many countries of the world suffer from inflation, narrow job opportunities and difficulty in finding job satisfaction due to the lack of competition.

Therefore, knowing why you are poor is not a problem as much as changing the habits of poor to rich.

This is the main problem, I think enough time has passed for humanity to realize most if not all the reasons why people are poor and why they fail to realize all their potential, but how can we change this? That is the question that still does not have an answer, because if we actually had it then poverty would have disappeared long time ago, and if to this we add that in some cases this runs against the interests of very powerful industries, like it is the case of the banking industry which would like everyone to be indebted up to their eyeballs, then it is easy to see how humanity has failed on solving this problem.

[Sanitough]

You can write a long list of things that make adults poor, but it is difficult to narrow this list to how to change poverty behaviors into productive behaviors, especially since many countries of the world suffer from inflation, narrow job opportunities and difficulty in finding job satisfaction due to the lack of competition.

Therefore, knowing why you are poor is not a problem as much as changing the habits of poor to rich.

They say it’s not a mistake that you are born poor, but it will be a sin if you still end up dying poor. This is why even if we have less opportunities in life and met a lot of struggles, we should never give up but always move forward since it’s the only way we can survive and we can bring positive changes in our lives. As no one gets to win if you decide to quit. That way, you will have higher chances to change your life and won’t never end up dying poor.

[Johnyz]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

This is real problem when you already have the money but you still failed to handle it which of course we should not blame the government for this. Though it can totally affect our lives especially with a high inflation which many can’t really afford to handle since their salary is not that much. Being adult is not easy because you are going to deal with a lot of problems, it is advisable to have multiple source of income to at least cover up most of your expenses.

[sayaya17]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

This is real problem when you already have the money but you still failed to handle it which of course we should not blame the government for this. Though it can totally affect our lives especially with a high inflation which many can’t really afford to handle since their salary is not that much. Being adult is not easy because you are going to deal with a lot of problems, it is advisable to have multiple source of income to at least cover up most of your expenses.

I think that if we experience economic difficulties, nothing will change if we continue to blame the government for our bad economic situation.
We can't always rely on the government to change our economy for the better. We must also try with our respective abilities to change our own
economy for the better. When humans become adults, the responsibility is enormous, especially if adults are married and have children.
The life that must be lived is getting more and more difficult and also complicated. But I believe as long as we have the right mindset and continue
to strive to change the economy with our respective expertise, slowly our economy will improve by itself. The conclusion to be rich or poor actually
depends on ourselves, I believe hard work will not betray the results. This means that we can become rich if we try to give the best in life, therefore
if we are poor we must work hard to change the situation.

[Viscore]

To be financially literate is not taught in school, we realize this when we already have responsibilities to shoulder.
Hard to say you will survive when the whole country you live in struggles to float. With economy and companies are shutting down, it really is hard to make money even when you apply as a maid/cleaner or lawn cutter, you may still struggle to find customers.

If only its free to harvest the wild life and sell them for food, life wouldn't be this hard for someone who has the skills to shoot. 

Life is definitely hard, and that is why there is no easy way to earn a living if you just sit and won’t come out from your comfort zone. Sad to say, not all people realize this and still stay on their current position until they end up as a poor adult. However, if you want to see big changes in your life, then take some risks. You may have different skills within you, but the problem is you never use it at the right place and at the right time. Sometimes, life gets harder especially if you keep on doing things that are not relevant at all.

[Finestream]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

That is one of the major problem in our country. Citizens especially the poor always put the blame on the government. No government is perfect and there are always issues of corruption in all of its branches but we can't blame them for our personal status. We will remain poor if we'll not look for opportunities to earn and to change the path that we're taking. If we are poor now, we should find ways to improve our situation without relying on the government.
The government can only provide us with temporary aid but they can't actually solve poverty completely. The change will start if we'll acquire skills and grab the opportunities that can take us away from the yolk of poverty. But if we will rely on our fate at the hands of the government, we will only remain poor forever. The government isn't always reliable, to be honest.

To make it more simple, the government is not responsible for our own future. It may give assistance, but it only ends there. The rest is for us to do so we should never stop doing productive things that will help us improve and grow. That way, we can expect a better and fruitful life ahead even without asking assistance from the government since not all the time they have enough resources to help us.

[tabas]

Another conclusion is the acceptance of technology. Many adults have been declining the adoption of the modern technology, they can no longer grow together with the younger generation because they think that they're not up to it. They think that it's only for the younger people but it's for everybody. They reject the knowledge that they can still learn from it and it's up to them that they can also use it as part of their livelihood or business if they can think any of it.

[goaldigger]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

It’s ok to blame the government especially if you really see corruption but of course we should not depend on them every time, we should work for our own benefit and that financial difficulties are very normal. This is a big challenge for us to overcome those difficulties, again if you will continue to work and will not give up, you’ll be more happy later on especially on spending the fruit of your hard work.

[Vaculin]

Indeed what you say is true, but the fact is that when we are brought to life with the real world not just theory we clearly have other mistakes again and again and actually to change this is obviously very difficult so that poor people remain like that because regardless of some the point you say is still when the opportunity does not exist then everything will still be the same as before.
If indeed getting rich can be done by changing the points you say, of course now no one is poor anymore is not it.

In life, there are always struggles and unpredictable circumstances that we may encounter. But that is life and it’s really tough and hard. But if we always take chances to learn from all of them, for sure it will help us to face life ahead with more courage and confidence. And while we started being poor, then the more that we should exert more effort to change the life we have. We might not end up getting rich as we cannot get the same opportunities from others, but at least we can experience much better life than before.

[arwin100]

Reasons you will remain broke as an adult:

Well maybe buying stocks before a 1929 style bear market...

Short but precise. Not only when it comes to handling investments, but also in how we handle our own life. If we never accept changes and adopt it, then we will always be left behind and would gain nothing but mistakes and losses. Always be open minded, and always chase opportunities that will make your life profitable. Sooner or later, you will have a better life because you never stop doing the right thing.

Simple reason why people still broke its because people don't want to leave on their comfort zone because they are afraid to leave what currently they have that benefiting them. They are afraid to try things because they don't know know if they can make it without trying them, if many of us will just have proper education about trying all things that we can especially on opportunity hunting for sure many people can enhance their current life style.

[nurilham]

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

even if there is no inflation, being not proactive and in that certain situation will make somebody be poor forever, moreover not willing to work because of the laziness, many reasons uttered every time expected to work. Except that you are living in a country where the poor and jobs are guaranteed and paid by the government unless you are actually a rich man that has so many passive incomes. So, this will not be a matter. However, even the rich man with many passive incomes will not be lazy to work, they will commonly be more active in working. Why? Because they honor the time, money, wealth, and also success.

Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourselves to make a difference out of the bad economy.

Government may also have the responsibility, but the most thing is actually depending on ourselves, how strong and serious we have ur own efforts to fulfill all our needs. Whatever the condition of the country, life must go on, we have our own responsibility of ourselves and also our families.

[imamusma]

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

I strongly believe skills are needed to produce something when we are not 100% expecting jobs from government. I can't expect job vacancies from the government because so far it's been very difficult to get one (I don't have a higher education). It is clear that skills will go a long way in getting through any economic challenges so far. The world has changed, online jobs dominate many young people and demand them to have skills.

Inflation is getting worse, it has resulted in various financial problems. So, if we are not capable of having skills then I can assure you that soon we will be left behind. I remember one words of wisdom that might be appropriate for anyone who has skills and makes money, but I forget who said it; if you only get a salary from your work, then one step away you will be poor.

[Hamphser]

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

I strongly believe skills are needed to produce something when we are not 100% expecting jobs from government. I can't expect job vacancies from the government because so far it's been very difficult to get one (I don't have a higher education). It is clear that skills will go a long way in getting through any economic challenges so far. The world has changed, online jobs dominate many young people and demand them to have skills.

Inflation is getting worse, it has resulted in various financial problems. So, if we are not capable of having skills then I can assure you that soon we will be left behind. I remember one message that might be appropriate for anyone who has skills and makes money but I forget who said it; if you only get a salary from your work, then one step away you will be poor.

You would be mainly be depending on the degree that you have got but it doesnt ensure that you could really get the job you do like or want.Looking around in speaking about competition with other similar job seeker

then it would really be tough challenge for you to get one.This is why some people do really find out ways and learn up new skills which would really make them able to find out other path or career.

We are the ones who do create our future, if you wont act and do hard work then you wouldnt really make yourself that successful.Success isnt something that you could acquire
without doing something.

[Cookdata]

You took the points and expressed what you feel, nice one!
I am interested in that skill and reckless spending, the way the world is revolving today is quite different from how it was during the 80s and 90s when internet hasn’t been to public and exposed people but now that we are now in digital age, things are transforming very rapidly, hence having a digital skills should be a prerequisite for everyone, it saves you even when the traditional education system hasn’t bring anything on the table, the skill will help you while looking for the dream job and sometimes, skills becomes the main job if you find passion in it.

Reckless spending is another problem that do stop some people from saving investing, they prefer to lavish their small change on things that they don’t need but on wants, they spend without plan and whenever a man fail to plan, they most often than not do fail at the end.

[Hydrogen]

Distractions
Many start off doing the correct things to improve their standard of living. Then get sidetracked. It can be difficult to stay focused on the task at hand over a period of days, weeks, months and years.

Desire for free stuff
There is a modern myth that says people should not have to work. They deserve a fraction of the wealth Elon Musk, Jeff Bezos and other billionaires have. Or they deserve free money from the government paid for by taxes on rich billionaires. This movement trends with UBI (univeral basic income), stimulus checks and free handouts. Those who believe in these movements have a difficult time getting motivated to do anything.

Lack of wage growth
Income for low to middle class earners have flatlined over the past 50 years. While wage growth has only increased for the top bracket of earners. This implies negative wage growth for everyone in contrast to inflation. A negative precedent which has only worsened over time.

Lack of knowledge
While most would like to improve circumstances for themselves, they often lack basic knowledge of which steps to follow. Or what path to take to achieve this from their current position. There is a severe lack of information on how to identify opportunities and follow through on them.

[Davidvictorson]

I think a reason that could be on the list is that we are most times too inpatient. We live in a fast -paced world therefore we want everything fast, at the click of a button. And this has affected our attention span too. Most broke adults are in bed with inpatients. We must slow down and breath, take the time to plan instead of looking for the next get rich quick scheme.

[dothebeats]

You pretty much summed up a lot of the young ones today. Most fresh grads I worked with are either too lazy to take menial tasks, or too proud to have a degree that they immediately believe what they learned in the 4 corners of the school. Buidling a career isn't an overnight grind. It takes lots of menial tasks and countless hours of listening and learning. The young lads think that when their seniors ask them to do some labors they think they are being pushed around and not being valued for their 'education.' We teach discipline and respect because that is what will get you far in your career.

Another thing is extreme consumerism. I don't understand why a lot of young people want to buy the famous brands and the expensive things. Clothes do not define social status, nor jewelries or gadgets. This is why a lot of them are broke, and often blame the system for not being 'fair'

Since when is life fair anyway?

[lienfaye]

Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

True. Some people keep on blaming the Government (particularly the leader) for their hardships because they're relying too much for the programs, benefits, pensions etc. and not doing something to help themselves. If you're born poor it doesnt mean you will live like that forever because that depends on how you drive yourself. The problem is many people used to depend on other people's kindness and dont want to stand on their own. A kind of person who like to be spoon-fed. Well, If you're lazy dont expect that you'll achieve something, if you want to change then start to strive now.

[Darker45]

I agree with the list. Most often, poverty is avoidable. It's just that a lot of us are either too lazy to act or do not exert enough effort or simply stubborn or close-minded. Some are also pulled down by their pride. I know of some people who are poor but are also too proud to do things that could somehow ease their situation but they won't do because they consider them shameful. Peddling food, for example, is a good source of additional income but others don't consider doing it because it is embarrassing.

Nevertheless, at least as far as my country is concerned, the government has to be proactive as well. They need to do their part. They, too, need to be well-informed about what's really going on at the bottom. Most government officials are clueless. Programs and policies are often impractical.

[Kakmakr]

You are 100% correct....

When our circumstances change... we have to change something to adapt to those changes or we will just be the mouse running in the wheel. So, if the inflation goes up... you have to cut back on your spending or inflation will catch up to you and you will go into poverty.

Also, see if you can take on a second job or some hobby that can generate a second income... because you will need the extra income to make up for the additional expenses you have. (Food price increase...) 

[noorman0]

In the process of achieving "wealth" you will involve other people, entrepreneurs, traders, freelancers, entertainers, or whatever. Some need a government role to support. When you reach half success, you need more adequate resources, operating licenses, and other immaterials, then other worries will arise. For bad governments, they simply don't want to hear what you need or (unintentionally) prevent you from achieving higher success because of their failure to tackle the economies of countries that shape individualist mindsets.
Centralized way: "If the government is not involved, your success is only limited to that".

[lovesmayfamilis]

I think that what an adult person will be like depends entirely on his upbringing. You should not ruin the plans of the child by saying that he is poor and will remain poor because his whole family has been poor for centuries. Everything should be an example; if a child from an early age sees how their parents are constantly learning something, this will be a motivation for development. The habit of learning, even after reaching a certain skill level, must be constantly present in life. 
I have a simple example. My grandfather is a doctor on a sports team. Despite the fact that he has a very large amount of experience and work experience (more than 35 years), he does not stop at his own qualifications. And it is precise because he has modern knowledge that he still remains in demand at a time when many other doctors younger than him were laid off when the organization could not keep more staff.

[EarnOnVictor]

What I first infer from the OP psychologically is that he/she might be from a challenging country where much hustling might pay. What you have written is good but it's not all of them that are practicable. You might work so well by giving your time and energy to it but still not get rich. This is why we must establish the line between working to get rich or to be comfortable by being able to provide for our basic needs.

In my experience of the reality around me, one needs beyond hard work to be successful, Wisdom, Grace, Luck and Association matter. You might even do a little work and get rich with them, while a harder worker might only be comfortable for the rest of his life.

[ethereumhunter]

Many people blame the government because their policies are often not the reality of society, so they protest against the government. But we should also try to try to work well and not violate the rules that the government has made.

Whatever happens, we need to improve our abilities by learning and trying because we will never know which door will give us success. So by continuing to try, we can get results that work for us.

[rahmad2nd]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:
~snip~

Completely the points you say are true, and people with common sense, will think as you describe in your long list. however, in reality the real effort is not easy. at least, nothing comes magically.
one has to go through a process to achieve a goal, which in this context is poverty and not going bankrupt as an adult, moreover in the process it is not as easy as we are talking about.

In fact, I have my own philosophy, at least to remind me when I feel bored with the same routine every day.
I know and I always have the belief "every process I go through, will never betray a result" means, as you describe in your list.

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

well, currently the world is being rocked by inflation, recession and all kinds of things that make the world economy experience a global crisis. and this conclusion, describes what is happening in my country.

[Bitstar_coin]

And never expect 'manna to fall from heaven' because some people are just waiting for one miracle that will never happen, rather than actually putting effort to do something meaningful with their time, they will rather hope for a miracle.
@op you have said it, anyone who is guilty of the above deserved to be broke, laziness does not pay the bills, only hard work does.
Being a dependent is a bad behavior and always lead to disappointment when you rely on peoples' handout instead of to equip yourself with the right skills to better your situation. 

[dimonstration]

Mindstyle and lifestyle is the key to making our old age better, from now we must be able to do productive and long -term things, immediately sell an apartment or car that is too much and use it to buy land and use it to farm or raise farm, thing This will make us save the future.

Farming is a long term idea and slowing down your life. Having a business is the best option if you want to become more productive in this new era. Social media influencers and marketers is the current trend so this is the best stepping stone if you want to have a good source of capital to start your business. Business is the best end goal in life if you want a real financial freedom but is the best if you want to have a balance lifestyle since you will be physically fit while earning steady income even though it’s not that huge compared when you have business in booming industry.

[Obito]

I know some people that don't do this but they're still broke or just living enough to get by so I don't think that this tip is pretty helpful for everyone, in fact I think you are just making those who live in meager means feel bad about themselves. There are circumstances that are outside their control so cut those people some slack. No one wants to be broke.

[Coyster]

With adulthood comes a high level of responsibility, there is actually nothing wrong in playing video games, or having fun time, but being responsible will enable you manage time for all that, you'd understand that there is time for everything and maximizing your time wouldn't be a problem at all.

Having said that, hardwork is very essential to success, but also remember that there are people that are unsuccessful yet hardworking, so it shows that there are other factors that can cause success for a person, things like luck, connections, attitude, etc, overall i'm pretty sure nobody wants to be broke, and for most it is things that are beyond their control that has left them in their present state.

[Jemzx00]

Mindstyle and lifestyle is the key to making our old age better, from now we must be able to do productive and long -term things, immediately sell an apartment or car that is too much and use it to buy land and use it to farm or raise farm, thing This will make us save the future.

Farming is a long term idea and slowing down your life. Having a business is the best option if you want to become more productive in this new era. Social media influencers and marketers is the current trend so this is the best stepping stone if you want to have a good source of capital to start your business. Business is the best end goal in life if you want a real financial freedom but is the best if you want to have a balance lifestyle since you will be physically fit while earning steady income even though it’s not that huge compared when you have business in booming industry.

Farming can be considered a business as well and it actually depends on what you will be planting whether it will be a long-term idea or not. There are farming businesses that are low maintenance and can be harvested with minimal labor. One example that I can think of is mushroom farming or planting which can even be done in your backyard or shed, if I am correct there's a wide demand in the mushroom industry as well as other plants which depend on the agriculture of one's location.

Also, there are a lot of booming industries out there that are in need and as a business owner, you will need to capitalize on whatever's business you will be going to. You will need to focus and strategize how your business will be running to make it more profitable in the long run as you can be selling something that everyone likes but you lack the resources to provide it.

[kryptqnick]

I agree that some proactivity and desire to change one's situation is important. But surely the op is familiar with how problematic 'stop being poor' thing is. People often get in trouble with finding a job even when they have good higher education degrees, aren't reckless spenders and can learn new things. Also, people in stronger economies with big social welfare can avoid poverty without being highly educated and proactive. So while the government can't be blamed for everything, it is at often at big fault when there are high poverty rates and/or things are getting worse. I'd also say that it's often the riches (in my country we say oligarchs, as it's not just rich people but rich politically influential people) who are, one way of another, stealing the money that should go to those most disadvantaged.

[gantez]

Having said that, hardwork is very essential to success, but also remember that there are people that are unsuccessful yet hardworking, so it shows that there are other factors that can cause success for a person, things like luck, connections, attitude, etc, overall i'm pretty sure nobody wants to be broke, and for most it is things that are beyond their control that has left them in their present state.

You have reminded me of the word destiny and many books say it is important to the life that we life. We can struggle to change the direction of the destiny to good one but destiny is strong factor enough for success. It is luck that can change certain things in our lives. Being physical and strong is not a determining factor to the success but the way luck affect our lives. Having an addiction of drinking, smoking and taking drugs is a live changing factor that will change focus of our live. See many musicians that start drug, their lives change because of bad habit and the funds they acquire disappear.

[crwth]

It’s not easy to have the advantage of some other people who have the resources that they have at their disposal. Everyone has a different starting line, and we need to understand that if you ever compare yourself to other people, it’s not going to be the same.

i think am guilty with some of it like the spender part, like I play a lot of games and I spend money on it.
I'm trying not to be lazy as well.

[so98nn]

Well everyone ends up in the screwed situation Once in while during the lifetime. The fact that everyone finds a solution some way or the other. The only thing one should get fixed into their minds is; no one is going to help you or support you when you are out of finances because they have their to take care of. They have their own family with 100’s of layers before they could take decision to spend any penny on the person whose broke.

Ultimately everyone stood up for themselves and start finding ways. Sometime many of them choose self employment and could become success or some start with getting in line. However, the conclusion is live life you want but don’t get too attached as to become completely broke. There needs barrier on the expenses and the lavish life.

[KingsDen]

With adulthood comes a high level of responsibility, there is actually nothing wrong in playing video games, or having fun time, but being responsible will enable you manage time for all that, you'd understand that there is time for everything and maximizing your time wouldn't be a problem at all.

Yea, there is actually nothing wrong playing video games. And as a matter of fact, I had a friend who plays video games  every time. I play also but not addicted to it. My friends parents urged me to talk to my friend to limit how he plays the game. The day I confronted him with seriousness, I was surprised when he showed me he makes money playing the games. I was a witness as he showed me his portfolio and he was very good at it and winning money.
You just have to be smart to make money from whatever that consumes your time or whatever thing you are passionate about. It takes smartness to escape being broke.

[Yamifoud]

It was an individual decision and mindset. Those individuals who are satisfied with what they get today will no longer urge themselves to work hard and find another way of living. But those who aim high and wanted to improve their lives, are even more eager and aggressive to find a way out from below down. There are absolute differences between being in a poor mindset and a rich mindset.

We can't blame others because we see no changes in our life but just ourselves because we never take action while we still have the energy to do it.

[Russlenat]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

This is real problem when you already have the money but you still failed to handle it which of course we should not blame the government for this. Though it can totally affect our lives especially with a high inflation which many can’t really afford to handle since their salary is not that much. Being adult is not easy because you are going to deal with a lot of problems, it is advisable to have multiple source of income to at least cover up most of your expenses.

It’s not the responsibility of the government to cater to our needs, it’s our own obligation to provide for our own. Although some would give assistance, but we should also do our part as a citizen and as a human being so we can be productive to see progress on our own from our own hardwork, and not that everything we do the government should also be there. We need to have our own stable job so we can consistently provide our own family needs not just to survive but also because no one can do but only us.

[Lida93]

There are those who wish for the opportunity to be schooled, or learn a skill or a trade but had no one or any support to achieving such while young, now woul we say it's their fault when they grow up old poor?

Not all adults that are poor are poor cause they failed to plan a good live for themselves but cause they had no access to such opportunities or support like others did.

[Raflesia]

This is real problem when you already have the money but you still failed to handle it which of course we should not blame the government for this. Though it can totally affect our lives especially with a high inflation which many can’t really afford to handle since their salary is not that much. Being adult is not easy because you are going to deal with a lot of problems, it is advisable to have multiple source of income to at least cover up most of your expenses.

It’s not the responsibility of the government to cater to our needs, it’s our own obligation to provide for our own. Although some would give assistance, but we should also do our part as a citizen and as a human being so we can be productive to see progress on our own from our own hardwork, and not that everything we do the government should also be there. We need to have our own stable job so we can consistently provide our own family needs not just to survive but also because no one can do but only us.

Well in this case it is true, even though there are indeed some government policies that certainly guarantee their citizens, but we as humans who have advanced brains and thoughts will certainly not make this too comfortable because we definitely have targets in life and of course money matters. in this case though it is undeniable that there are some that cannot be obtained but at least we can meet our own needs and that must have money and we have to think about how to get money. It could be by working or doing business and we cannot postpone our lives to the government because as long as we are still we are trying to depend on other people for our lives.

[Gallar]

it is true that many people complain about rising prices or inflation, causing public concern,
especially people from the underprivileged.

sometimes people are less capable if they have potential though,
sometimes their abilities are difficult to develop, because

- lack of facilities
- lack of support from people around
- have no motivation
- lack of capital
- lazy

so basically if someone has potential, it must be developed quickly, take all the opportunities that exist, because sometimes it doesn't come twice,
Look for motivation that makes your heart and mind excited in achieving your goals or dreams.

be a successful person and be able to help others,

[Quidat]

Well in this case it is true, even though there are indeed some government policies that certainly guarantee their citizens, but we as humans who have advanced brains and thoughts will certainly not make this too comfortable because we definitely have targets in life and of course money matters. in this case though it is undeniable that there are some that cannot be obtained but at least we can meet our own needs and that must have money and we have to think about how to get money. It could be by working or doing business and we cannot postpone our lives to the government because as long as we are still we are trying to depend on other people for our lives.

i want to add one more point and that is
They are greedy- they would do anything to get the money whatsoever.
This is karma - if you do wrong you will face the consequences - sooner or later.

But there are people who doesnt really believe about karmas or whatsoever as long they would able to earn and make money on the way or method that they've been doing, then for sure they would continue no matter what.The only thing that you should bare up into your mind is that dont spend the amount which is more than you do earn because it would totally be messing up your entire life.
You would be facing lots of financial problems ahead or in the future if you do keep on doing that.Set out plans or make out some goals.
Everything should have limitation on whatever you do.Dont live on a lavish life if your income doesnt able to support it.

[Pujangga]

Many people don't care about old age, they only focus on doing hobbies and pleasures that are useless, when bad things happen such as inflation, illness or others then he will sell anything so they will lose money and old age becomes dark.

[Republikcoin.com]

Many people don't care about old age, they only focus on doing hobbies and pleasures that are useless, when bad things happen such as inflation, illness or others then he will sell anything so they will lose money and old age becomes dark.

On what basis do you say this? Have you done some research on it so that you conclude by saying "Many people don't care about old age". In fact, there are those who are old at this time who have never felt how inflation was in the past. Likewise, today's young people who have felt how inflation is, they will definitely prepare for their old age better at this time, although occasionally they do their favorite hobbies so they don't feel too pressured in their lives.

[bakasabo]

I think it is rather easy to explain most common reason why a person when be broke or have an average income when he will be an adult. At first, because people are afraid to change something, to start something. Second reason - people accept what they have. They think that they cant get any bigger, better, successful. They accept their faith to early and surrender. Third reason is surrounding. If a person lives his whole life surrounded by low quality, low salary, average everything, he will start to count this as normal and dont aim to any better.

[CapGelatik]

Sometimes life cannot be guessed, everything we have done and we think is the best but not necessarily the result is good, we have to believe that our life is in control, success or remain broke is something we cannot avoid, things we can do is always do the best so that when we are adults we don't go broke.

That's how life is and what you say is true that even if what we do is right it doesn't mean it will work,
there are no guarantees and most importantly keep trying and do your best,
What is clear is that it is not always what we hope for can be realized

[odunybiz]

Did you know that a buried talented person in Africa have high chances to make use of his talent in countries like US, but rather the talent was buried in poverty nations. This could be because of not being educated or lack of exposure to the modern world.

This is part of things we have to take note of especially in Africa. Alot of talented people are on the street suffer because no one is ready to help them out. It's highly good to work in ones talent as one pursue his/her degree.

[AicecreaME]

Reckless spending is the top main reason why adults are broke, most of them. Even though they have skills and earning a decent salary, they spend it like a king every single day, that's why there's always nothing left on them after a week. It's a must to know the needs and wants, and always prior the needs of course. Without any financial management, people will always struggle if they are spending more than what they can afford.

However, they have this mindset that "you only live once" to make themselves believe that it's worth buying their wants, yes, but not always. Also, emergency fund is important, which has always neglected by so many.

[Bitcoin2009]

The threat to be broke as an adult can happen to anyone, this is an important lesson for us to always monitor financial conditions, if we only rely on saving while bank interest is not more than 10% per year then we have made mistakes, but with investment we can 100% profit or more.

[gantez]

Many people think that the future or old age can be passed happily, finance and freedom of time to do pleasure will certainly be a hope when old age, but we must be aware that the future will be more difficult because many unexpected things, for example are inflation, conditions health and so on.

Old age is suppose to be an enjoyment time of the life of person and not to expect it to be difficult for us. If we want enjoyment in this time we should have to work hard now as young people so that in the future old age we have many joy but not continue to suffer. Being young we have the strength to work, we have good idea running inside us and if we can invest right we won't found old age as difficult because the labour we did in our youth age and invest we can begin to relax and enjoy them. We don't need to suffer in old age if we invest while as young people and the investment we give us financial protection to live and taking care of our health bills, feed properly also and take care of the children.

[Fara Chan]

To achieve the value of success in adulthood will be determined by the journey process that we develop. Time, creativity, skill and focus on the goals we want to achieve, without seriously pursuing these four points, then to achieve the value of success will be very difficult.
The presence of the government only makes it easier for the community to achieve something they want, but does not fully expect from the government to encourage the community to achieve the value of success, if this function is placed on expectations that are too big, then the presence of the government cannot fully reach everyone.

[Cryptomultiplier]

Being broke is a common phenomenon these days, in that the economic value of things has increased with demand, occasioned by looming inflation. Even those who have jobs get broke a week or two after their salary has been paid. It may be due to bad spending habits, bad debt, choosing luxury over assets, and so on.
However, laziness contributes to the lot too. Whereby one doesn't want to dedicate an ample amount of time to learn a trade or skill that will fetch money, instead they chose to relax and sleep or, procrastinate, for reasons they deem fit. Also when one has some money, even though not sufficient, the ability to invest a certain fraction for future or immediate profits is another.
A broke person has no friends mostly a friend who is wealthy. The rich avoid the poor for this same reason of myopic thinking.
If any one remains broke for not having the patience to stay consistent so as to reap reasonable wages, he/she will remain broke. Old age is not as long as one may think, and it comes faster where one doesn't have finance to keep up with times and trends.

[ethereumhunter]

Many people think that the future or old age can be passed happily, finance and freedom of time to do pleasure will certainly be a hope when old age, but we must be aware that the future will be more difficult because many unexpected things, for example are inflation, conditions health and so on.

If they don't start working hard in their youth and prepare for their old age, they will not be happy. We see that many young people work hard to have a good old age but apparently, many are also tempted by worldly life while not preparing for what they will do in their old age. If we can start now, we can certainly have good old age and enjoy our old age happily, even though the future conditions will be more difficult. Growing old is a certainty, and we still have a chance while we are young.

[TribalBob]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

right, poverty is not the government's fault 100% the fault is in us too as you said,
managing finances is the most accurate thing so that we avoid poverty during this inflationary period, but no one knows with the current situation.

[Wong Gendheng]

Most people fall asleep when they are young, they do and buy anything they like without caring for old age preparation, so that when they come old age they regret and immediately sell anything for needs, when all assets are sold, they become poor.

[Furious 7]

Most people fall asleep when they are young, they do and buy anything they like without caring for old age preparation, so that when they come old age they regret and immediately sell anything for needs, when all assets are sold, they become poor.

The habit of living too comfortably often makes this happen, in fact not all of them are like that but most of the young people are like that because most of them have lived well and are provided for by their parents so they never think about their future. .
But it's a different story when they are faced with a life that can be said to be mediocre or even less. I think this can be the most powerful way for them to think and think about old age.

[freedomgo]

Many people blame the government because their policies are often not the reality of society, so they protest against the government. But we should also try to try to work well and not violate the rules that the government has made.

Whatever happens, we need to improve our abilities by learning and trying because we will never know which door will give us success. So by continuing to try, we can get results that work for us.

Sad to say, people complain first before doing their own part. If this is the mindset, one will never achieve  life’s success. Although some government policies are not really on our side, but maybe this will also bring good in the future, so we should also be considerate. Let’s just focus on our own and always take time to learn and gain, and go out from our comfort zone if it’s really needed, that way we can always have more opportunities to bring life’s big changes in the future.

[TimeTeller]

Being broke is a common phenomenon these days, in that the economic value of things has increased with demand, occasioned by looming inflation. Even those who have jobs get broke a week or two after their salary has been paid. It may be due to bad spending habits, bad debt, choosing luxury over assets, and so on.
However, laziness contributes to the lot too. Whereby one doesn't want to dedicate an ample amount of time to learn a trade or skill that will fetch money, instead they chose to relax and sleep or, procrastinate, for reasons they deem fit. Also when one has some money, even though not sufficient, the ability to invest a certain fraction for future or immediate profits is another.
A broke person has no friends mostly a friend who is wealthy. The rich avoid the poor for this same reason of myopic thinking.
If any one remains broke for not having the patience to stay consistent so as to reap reasonable wages, he/she will remain broke. Old age is not as long as one may think, and it comes faster where one doesn't have finance to keep up with times and trends.

In other words, being broke as an adult is like a choice.
Because as you grow older, you will find ways on how to alleviate your economic status.
It is true that you can always find your options how to generate income if you are being diligent about it.
It is not about where you came from, but how you fight for this life as you grow older.

[Raflesia]

Well in this case it is true, even though there are indeed some government policies that certainly guarantee their citizens, but we as humans who have advanced brains and thoughts will certainly not make this too comfortable because we definitely have targets in life and of course money matters. in this case though it is undeniable that there are some that cannot be obtained but at least we can meet our own needs and that must have money and we have to think about how to get money. It could be by working or doing business and we cannot postpone our lives to the government because as long as we are still we are trying to depend on other people for our lives.

i want to add one more point and that is
They are greedy- they would do anything to get the money whatsoever.
This is karma - if you do wrong you will face the consequences - sooner or later.

Actually in this case regardless of karma or not we must be aware that what we sow is what we will reap and actually in this case I don't really believe in karma, the most important thing is to do what I can to support my life needs by correct then the result will return true and until now that's what I always believe.

[Die_empty]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:
👉👉They are not proactive
👉👉You do not value your time
👉👉You don’t have a skill
👉👉You are not teachable
👉👉Failure to take action
👉👉Reckless spender

All the points you raised OP as the causes of poverty among adults are all valid but I want to add mine.
Some persons must have gotten all the skills and done all you mentioned but became poor due to unforeseen circumstances. Recently there are issues of flooding in my country that have crippled many businesses and homes. The owners of some farms and small and medium-scale businesses would not only become poor but will become debtors because they took loans to start or expand their businesses. In my state, we have had several fire outbreaks in major markets that turned multimillionaires to bus conductors and laborers. A natural disaster can make a once successful adult become very poor.

Another reason an adult can become poor regardless of all his positive effort is sickness. If the person becomes sick or any member of his immediate family has medical issues, it could affect the finance of the family. Sickness would make the individual not put in the needed efforts for the success of his endeavor. Sicknesses are sometimes very expensive to treat or manage, which could lead to poverty.    

[meser#]

Many broke adults can find themself on this paragraphs. I want add one more; they don't know how to become adult or they don't realise they became an adult. They spents their time as they wished but they're forgetting tomorrow. They dont want to be responsible. They are ignoring future's problems. When they realised; they starts to blame life, parents etc.

[ethereumhunter]

Many people blame the government because their policies are often not the reality of society, so they protest against the government. But we should also try to try to work well and not violate the rules that the government has made.

Whatever happens, we need to improve our abilities by learning and trying because we will never know which door will give us success. So by continuing to try, we can get results that work for us.

Sad to say, people complain first before doing their own part. If this is the mindset, one will never achieve  life’s success. Although some government policies are not really on our side, but maybe this will also bring good in the future, so we should also be considerate. Let’s just focus on our own and always take time to learn and gain, and go out from our comfort zone if it’s really needed, that way we can always have more opportunities to bring life’s big changes in the future.

Yes, that's correct. The comfort zone makes us lazy to think about how to have a better life and don't want to try something new, which happens to most people. But if we learn something that might bring good changes for us, we can achieve success in life. Indeed it takes time but no one knows when we can achieve it. Maybe it will not take too long to achieve it and just need some real action from us. We have to focus on improving what needs to be done because each of us will want to achieve our desires in the future and that is why we must continue to take the time to learn.

[BRINIRHA]

() As long as we can always adapt to the times, as parents we will still be able to see good opportunities even though we are in the middle of a crisis.

() we must always dare to try new things, should not be closed from the outside world.

() we must continue to add insight so that we can always improve the standard of our lives armed with the insights we have.

() bankruptcy occurs when we are too late to realize the mistakes we made.
but if we are aware of the error early on then we will definitely try to fix the error earlier. so that bankruptcy does not occur.

[Leviathan.007]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

[Tallupooh]

Lazing is something that is detrimental, free time is wasted, and afterwards regrets. Our hope is success in the future. But if all we do is laze around all the time, it will have an effect when we are adults. In my opinion, life requires hard work, if you want to make something happen. If you continue to be in your comfort zone, without doing something it will be in vain.

We have to explore our abilities. So that our abilities will grow. And don't just stand still. so that we produce something from our abilities.

[Oasisman]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

If that works for every single person in this planet, then nobody would be willing to do the dirty work like construction, farming, and the job that requires 100% physicality that'll make you sweat all over your body.
It is not only the lack of financial knowledge that's causing poverty to the people, some people do not have choices but to live with what they knew or skills due to limited level of education. The government also plays a huge role in poverty prevention programs. Unfortunately, majority of the politicians are corrupt, so we expect no help from them anyways.
And if your definition by success is having unlimited wealth, well that's not what I define success.
Success, is when you're happy and contented with what you have because you've reached your goal.

[fauzan Ichsan]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

that is correct - they study in college for 9-5 jobs and are not using their mind to be an entrepreneur
People remain broke because they dont value their skills and they just run after other to help them give a desk to work and earn

Of course, in working the heart and mind are in harmony, so that from previous failures we can think to improve it so that it does not happen again. having several business fields will bring us to a healthy business stability, considering that all our efforts have been planned beforehand, and finally we leave the results to God, because we can only try our best, and we should not be arrogant here

[Crypto Legend]

Most people always think briefly, for example, assuming that the future or old age will be better and without doing anything, if we fall asleep with a young age that is always consumptive and wasteful then we can be sure we will become broke when adult.

[TheUltraElite]

Most people always think briefly, for example, assuming that the future or old age will be better and without doing anything, if we fall asleep with a young age that is always consumptive and wasteful then we can be sure we will become broke when adult.

Being disciplined and having your own code in every aspect of life can save you from veering into the wrong track at the wrong time.

At younger page people tend to spend more and be less teachable but they can correct themselves putting their ego aside and if they are actually enjoying the work they are doing then defenitely they can do this. Problems include the fact that people are often not doing the job they wanted and this is an effect of many things which are not worth discussing.

A lot of the times "broke" is an effect of excessive spending more than earning, so I think people should address that first. Then go for savings and then attempt to work on their education, if they have already crossed that level.

[naira]

Because in the end we are we who have to create our own world. All of the above motivations are important, we do have to grow. But no matter how advanced we are who constantly impose our own power on your existentialism, maybe not people who believe in divinity. Sorry to think that I associate it with religious matters, as someone who has a religion we are obliged to try and pursue our ideals. Not only live to eat, drink, breed and sleep. Sometimes we also have to enjoy when our economy is not doing well, so try to look around us. There must have been people who suffered much more.

I do not deny that what you have mentioned above is true, it really requires ideal life principles and mature thinking. but is it just with words while you don't give an example of it in real life? At least your family first to start all the motivation that you build.

[Quidat]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

that is correct - they study in college for 9-5 jobs and are not using their mind to be an entrepreneur
People remain broke because they dont value their skills and they just run after other to help them give a desk to work and earn

Of course, in working the heart and mind are in harmony, so that from previous failures we can think to improve it so that it does not happen again. having several business fields will bring us to a healthy business stability, considering that all our efforts have been planned beforehand, and finally we leave the results to God, because we can only try our best, and we should not be arrogant here

Its normal to have goals in our lives which would really be your motivator for you to move on or move forward.Of course it would really be needing for you to do hard work and perseverance.
Yes, it would be hard but its not something impossible for you to achieve on.Set out goals and target so that you would really be having inspiration as you do go ahead.
Sustain yourself and survive.Make out adjustments if there's something not being  part of your plan or something you hadnt been expecting.
You would really become broke if you arent that careful on your spendings on priorities or important things.

[Jody.Drummer]

Most people always think briefly, for example, assuming that the future or old age will be better and without doing anything, if we fall asleep with a young age that is always consumptive and wasteful then we can be sure we will become broke when adult.

I will take your word in this if indeed we fall asleep and dream maybe it can happen by dreaming in old age can be happy and successful but come on this is the real world, everything can not be obtained just from silence.
We have to do something if we want it and when we want to live well and calmly in old age, the step that must be taken is to work and take advantage of all relationships to be able to support us financially.

Its normal to have goals in our lives which would really be your motivator for you to move on or move forward.Of course it would really be needing for you to do hard work and perseverance.
Yes, it would be hard but its not something impossible for you to achieve on.Set out goals and target so that you would really be having inspiration as you do go ahead.
Sustain yourself and survive.Make out adjustments if there's something not being  part of your plan or something you hadnt been expecting.
You would really become broke if you arent that careful on your spendings on priorities or important things.

We cannot be naive in this matter, because indeed with what you say such as determining life goals and working hard of course everything will be fine in the end.
What we get later is what we plant now, depending on whether we really want to live with almost the same conditions as now which is still a bit difficult in the economy or we want to change it.

[Silberman]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

that is correct - they study in college for 9-5 jobs and are not using their mind to be an entrepreneur
People remain broke because they dont value their skills and they just run after other to help them give a desk to work and earn

But that is not really a reason to remain broke during your life, in fact there have been many studies which show there is positive correlation between how much you earn and your education level, or in simple words the more you study the better the pay you receive on average, so educating people to get better jobs works, what happens is that many people do not know how the economy really works and then they suffer huge losses when an economic crisis strikes, which is exactly the scenario which is being played right in front of our eyes right now.

[DudeAtWork420]

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

This is one of the key reason and problems for todays youth. Social media and other source of entertainment is so vast that it consumes most of our time as soon as we realize that and do something necessary its already too late. Most of the people waste their time on these when few people make a living through it. Life become so automated that we become lazy and unproductive.

[adzino]

Your list seems to be blaming the person for being "broke as an adult". Easy to blame others for their misery when you aren't in their shoes.  It is not always their fault. Look at those poor and developing countries. Lots of "broke adult". Do you think they are broke because of everything you said? Or are they broke because of lack of opportunity, economic disaster, corruption and failure of the government? There are lots of skilled people out there but they are still broke thanks to their messed up economy.

[Don Pedro Dinero]

Your list seems to be blaming the person for being "broke as an adult". Easy to blame others for their misery when you aren't in their shoes.  It is not always their fault. Look at those poor and developing countries. Lots of "broke adult". Do you think they are broke because of everything you said? Or are they broke because of lack of opportunity, economic disaster, corruption and failure of the government? There are lots of skilled people out there but they are still broke thanks to their messed up economy.

I think the OP is referring to people from countries with a certain level of wealth, not someone living in the Somali desert. In these cases, in poor countries, some of the OP's points would still apply, although not as much, as for example, someone who has a usable skill in the marketplace will have an easier time earning money than someone who can only perform unskilled physical labour.

As for more developed countries, I think the OP's points are a good summary.

[Questat]

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

This is one of the key reason and problems for todays youth. Social media and other source of entertainment is so vast that it consumes most of our time as soon as we realize that and do something necessary its already too late. Most of the people waste their time on these when few people make a living through it. Life become so automated that we become lazy and unproductive.

But if we are determined to improve our living and want achievements in life, we know how to manage ourselves away from these destructions. And instead of spending and wasting our precious facing on our phones, do social media, we'd rather make it use wisely. It was just ourselves to be blamed, not these social media because their target to give entertainment to the community but unfortunately, people have been addicted to it which is somewhat disadvantage.

[lixer]

Lazing is something that is detrimental, free time is wasted, and afterwards regrets. Our hope is success in the future. But if all we do is laze around all the time, it will have an effect when we are adults. In my opinion, life requires hard work, if you want to make something happen. If you continue to be in your comfort zone, without doing something it will be in vain.

We have to explore our abilities. So that our abilities will grow. And don't just stand still. so that we produce something from our abilities.

It's not bad to be lazy sometimes. It helps you relax during your free time but this should not be abused. We need to spend most of our times on the things that is truly beneficial for us. It can be in a job where you can earn a guaranteed income.

It only boils down on handling your money. If you can't handle it well and spend it on the things that you don't really need or to the things that doesn't create a value overtime, then you will likely remain broke even if you already have a job and you are earning regularly but it is better than those who don't have any job at all. They are the ones who are literally broked. They are the ones who are literally lazy.

[isaac_clarke22]

~

There are some people that are literally broke, but are not really lazy. Just unlucky and there is no point blaming those kinds. Due to how horrendous that person's economy is, there's nothing s/he could do about it but to keep trying and take any jobs available.
It does not stop a person to keep looking for another opportunities though while being in a job that exactly pays bills and sates the needs.
This is why there are also some people trying to freelance. They are trying to look for opportunities from a developing country to at least sell their skills.

[jostorres]

in working the heart and mind are in harmony, so that from previous failures we can think to improve it so that it does not happen again. having several business fields will bring us to a healthy business stability, considering that all our efforts have been planned beforehand, and finally we leave the results to God, because we can only try our best, and we should not be arrogant here

These days starting a job is as cheap as it gets. You could literally start any business with $100 alone and would do a good job, all you are required to do is making sure you can do it yourself, and not hire other people to do it for you. Or you could partner with someone and you can cover each others shortcomings as well if you want to.

I used to have this dream of starting a brand, but I didn't know the field very well, I knew the marketing part well enough, and I found a friend who was good at the field, and we wanted to partner together but it didn't happen in the end. So if you really want to start something and then fail, it’s cheaper than ever now.

[Hamphser]

You wont be broke if you arent something like this;
Reckless spender

If you do spend like there's no tomorrow and without even looking on how much income you are making.Then you are just basically messing up your life with.
Better spend on something that you can afford and something that will not really become having no savings.

We are thriving to earn as much as we can but you should also mind off on taking a balance on everything because if you do put focus much
on one side then you would be finding that there's always lacking.

[IIrik11]

Your list seems to be blaming the person for being "broke as an adult". Easy to blame others for their misery when you aren't in their shoes.  It is not always their fault. Look at those poor and developing countries. Lots of "broke adult". Do you think they are broke because of everything you said? Or are they broke because of lack of opportunity, economic disaster, corruption and failure of the government? There are lots of skilled people out there but they are still broke thanks to their messed up economy.

yeah, it is so easy to judge other people when u don't know what they have been through and why they are the way they are.

these people need to walk in their shoes before pointing fingers and saying things like these.

this is hands down the most ignorant thread i've seen on here and reminds me of a quote:

"judging a person does not define who they are. it defines who u are."

[Silberman]

There are some people that are literally broke, but are not really lazy. Just unlucky and there is no point blaming those kinds. Due to how horrendous that person's economy is, there's nothing s/he could do about it but to keep trying and take any jobs available.
It does not stop a person to keep looking for another opportunities though while being in a job that exactly pays bills and sates the needs.
This is why there are also some people trying to freelance. They are trying to look for opportunities from a developing country to at least sell their skills.

It is true there are people which are broke and it is not really their fault, for example those which got sick with a disease which requires a very expensive treatment may find themselves broke at some point during their lives, however if those people also have several different skills then it is unlikely they will remain broke for the rest of their lives, it will take them some time to get their life in order but with enough effort those people will eventually do it.

[Mauser]

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

The biggest problem I see that hinders us from becoming rich, is that the living expenses are rising faster than our income. You made a lot of good points in your post that can help us to save money as an adult. But the big issue is still that our expenses are growing once we get older. We need more money for ourselves to cover medical costs and save for retirement, then we also need more money for our family to support our children or parents. Giving our kids the chance to go to university requires savings, same for helping our parents to find a good retirement home. All the costs keep rising a lot once we are get older, while our income usually only rises 1-2%. That means we need other sources of income to offset these additional costs. Having an investment portfolio seems like the best idea, investing in different asset classes like stocks, bonds, crypto currencies and commodities. The broader and better diversified our investments, the higher the chance we make a decent return overtime. But if we don't start young to build up our portfolio over time it's going to be hard to get enough capital later in life.

[bestcoins1]

Everyone certainly understands that during the adult period, productivity will be reduced, even many people are bankrupt because they do wrong things, for example is a financial arrangement that is not thorough, if we have no investment then the possibility in the adult period we will experience difficulties.

Difficulties are only for those who do not have valuable assets and also the next generation, because usually people who are very mature or old will work as best they can in life and the rest will be continued by the next generation like their own children. That's why educating his own children is also very important because it is also a very good asset for life and he can also take care of every property he already has when he has been taught very well.

[romeitaly]

I'll agree with this! To get a chance not being a broke adult one, always find a motivation and goal that can bring you to a successful someday like having a business. Never stop find another goal after you successfully achieve your current goal.

[FanEagle]

Everyone certainly understands that during the adult period, productivity will be reduced, even many people are bankrupt because they do wrong things, for example is a financial arrangement that is not thorough, if we have no investment then the possibility in the adult period we will experience difficulties.

Difficulties are only for those who do not have valuable assets and also the next generation, because usually people who are very mature or old will work as best they can in life and the rest will be continued by the next generation like their own children. That's why educating his own children is also very important because it is also a very good asset for life and he can also take care of every property he already has when he has been taught very well.

Life is our best asset, we are given a good chance and we will be able spend it however we want. No matter how rich or poor you are born, if you waste your life then you will never achieve anything. Do not consider success measured by how others do, consider what you think success looks like. For me, it looks like spending as much time with my family as possible, not job, not work, not anything else.

Because money can be earned one way or another, but time spent with your family can't be replaced, and if you miss their life, then you will never get it back. Which is why always use life as you want to as much as you can, you won't get a sequel.

[tygeade]

in working the heart and mind are in harmony, so that from previous failures we can think to improve it so that it does not happen again. having several business fields will bring us to a healthy business stability, considering that all our efforts have been planned beforehand, and finally we leave the results to God, because we can only try our best, and we should not be arrogant here

These days starting a job is as cheap as it gets. You could literally start any business with $100 alone and would do a good job, all you are required to do is making sure you can do it yourself, and not hire other people to do it for you. Or you could partner with someone and you can cover each others shortcomings as well if you want to.

I used to have this dream of starting a brand, but I didn't know the field very well, I knew the marketing part well enough, and I found a friend who was good at the field, and we wanted to partner together but it didn't happen in the end. So if you really want to start something and then fail, it’s cheaper than ever now.

The skill required is the real expense. I can afford to spend thousands of dollars, not that I have that kind of money but I could get a loan, that’s not the trouble, I would be able to get a loan as high as 10k dollars. But, can I start a job? No, I cannot, why? Because I do not have expertise in any field other than my own, and my own is a saturated market that I cannot do myself.

This is why it’s clear that we are talking about not money, but skill that is keeping people away from it. Running a business requires some sort of experience where you would have to learn the job, and after you learn it at a good level at someone else’s company, you can then quit and start your own.

[Lanatsa]

The skill required is the real expense. I can afford to spend thousands of dollars, not that I have that kind of money but I could get a loan, that’s not the trouble, I would be able to get a loan as high as 10k dollars. But, can I start a job? No, I cannot, why? Because I do not have expertise in any field other than my own, and my own is a saturated market that I cannot do myself.

This is why it’s clear that we are talking about not money, but skill that is keeping people away from it. Running a business requires some sort of experience where you would have to learn the job, and after you learn it at a good level at someone else’s company, you can then quit and start your own.

I have seen many adult - staying idol and not working for less salary because their ego is more dear than their need.
I know and personally have seen adult want to join an office on their conditions. They want to work but they want to work on very higher salary and all the terms they decide.
For me these people remain broke because they are selfish and arrogant and greedy. They should remain broke because they are meant to be

Each one of us does have that certain level of ego which we do really stick into that or something that do talks about principle in life even though it is already on the situation where its already hard but still they have chosen to stick around and keep looking for something better.Well, its not bad to have that kind of behavior but if you are really having some problems when it comes to daily survival
then it is really just right that you shouldnt really be that choosy on whatever its available.

You would really be finding yourself to be broke if you do keep on choosing just because the current you are seeing doesnt fit out on your interest or standards
which is a behavior that does have its cons too.

[Sebas.tian]

When you don't buy coins in the bearish season, and you don't sell your coins when the price is high in the market, it will make you broke as an adult in the community. Now that the price of coins has decreased for investors to buy and hold until the price go higher before they can sell to embrace income to become a great man or woman in the future, but those that will remain broke in the community will never follow the steps of other potential investors to know when they used to buy coins, and when they used to sell to make a huge amount of income from their investment.

[Cookdata]

I have seen many adult - staying idol and not working for less salary because their ego is more dear than their need.
I know and personally have seen adult want to join an office on their conditions. They want to work but they want to work on very higher salary and all the terms they decide.
For me these people remain broke because they are selfish and arrogant and greedy. They should remain broke because they are meant to be

You cannot say someone is greedy for maintaining their standards, there should be standard take home for you as a professional, you shouldn't allow employees to exploit you because they know you are eager and looking hungry. If you are been employed as a software engineer, and they know you are qualified  and offered the job, they should be ready to pay you that quality paycheck with a good office spacious enough where you can do any job directed to your desk.
Are you even aware that some companies will use your ignorant if you don't come to terms and conditions from the start of the job in your attached employment later so that you don't cry later that you are been used and paid less as agreed, set your standard if you are professional and want to work under a person but I will even advice you to be your own boss instead working under anyone.

[Mahanton]

I have seen many adult - staying idol and not working for less salary because their ego is more dear than their need.
I know and personally have seen adult want to join an office on their conditions. They want to work but they want to work on very higher salary and all the terms they decide.
For me these people remain broke because they are selfish and arrogant and greedy. They should remain broke because they are meant to be

You cannot say someone is greedy for maintaining their standards, there should be standard take home for you as a professional, you shouldn't allow employees to exploit you because they know you are eager and looking hungry. If you are been employed as a software engineer, and they know you are qualified  and offered the job, they should be ready to pay you that quality paycheck with a good office spacious enough where you can do any job directed to your desk.
Are you even aware that some companies will use your ignorant if you don't come to terms and conditions from the start of the job in your attached employment later so that you don't cry later that you are been used and paid less as agreed, set your standard if you are professional and want to work under a person but I will even advice you to be your own boss instead working under anyone.

Set your standards indeed but there are conditions or situations which you might really be that desperate on accepting the job even with less pay which simply means that you had lowered your standard and you dont let that ego of yours telling deep inside that you shouldnt have been treated like this or there's a particular wage or salary for a professional like you.Its true that not all people would really be that lucky or success on making themselves as the boss or someone who do handle out people or making out a new company.Everything do really takes on a process with sometimes been mixed with luck on whatever you've been dealing with.
You would really remain broke if you dont know on how to play with the waves of life challenges and struggles.

[Ultegra134]

When you don't buy coins in the bearish season, and you don't sell your coins when the price is high in the market, it will make you broke as an adult in the community. Now that the price of coins has decreased for investors to buy and hold until the price go higher before they can sell to embrace income to become a great man or woman in the future, but those that will remain broke in the community will never follow the steps of other potential investors to know when they used to buy coins, and when they used to sell to make a huge amount of income from their investment.

Most people don't invest nowadays, and the majority of them are doomed to work from paycheck to paycheck and be completely reliant on their salaries. While the OP's points are valid, I'll have to point out that not all of us have the same opportunities in life, and that's dependent on a variety of factors, such as their country of origin or their family status. Wealth generally provides a wider range of opportunities compared to others who are struggling to get by and attend university or college, while others are forced to work from an early age in order to support their families.

The most vital thing is to not be lazy. I'm 24 years old, and quite a lot of my former classmates in university are not working or are too lazy to go find a job. Most of them are also lacking the necessary skills in order to be competitive. In my opinion, education and skill acquisition should never stop in our lifetime. After returning from the military, I'm planning on starting a variety of online courses in order to broaden my horizons.

[ringgo96]

All of us must have our own problems in facing the economy which is currently not good, and this problem is also experienced by the government in each country, so the most important thing we must apply is by working hard and must have discipline in dealing with every job we are currently living, in fact to face poverty it is very dependent on us and partly it does affect the support of others, then every suggestion given by others we must analyze well because some of it can indeed help us to solve a problem.

[STT]

Everyone wants to work on their own terms, most have no ability to make those demands and must merely go where the money is with no choice on multiple terms.   The biggest clue to progressing or only surviving is to keep learning, most people will stop when they leave school as the job itself does not teach anything extra.   Some in good jobs might learn, may even be encouraged as an investment that would qualify as a good job even if you do not like the job its still good to gain something more then money.
  Only very few will work and learn anything outside of work, thats quite rare to make an extra effort of course people are tired but to only exist on the leash to a job not enjoyed wont ever feel enough its not just the money its a waste of peoples talent .

[Dickiy]

I would say the main reason for most people is a lack of financial knowledge people grow up and work in a 9-6 job they study in school and universities they even read books there and they leave they have got enough financial knowledge about money management, but in reality, people don't know how to save money and what to do with the money they saved because they don't know about investing and that's the key of success for most of people and the reason why people remain broke mostly.

that is correct - they study in college for 9-5 jobs and are not using their mind to be an entrepreneur
People remain broke because they dont value their skills and they just run after other to help them give a desk to work and earn

But that is not really a reason to remain broke during your life, in fact there have been many studies which show there is positive correlation between how much you earn and your education level, or in simple words the more you study the better the pay you receive on average, so educating people to get better jobs works, what happens is that many people do not know how the economy really works and then they suffer huge losses when an economic crisis strikes, which is exactly the scenario which is being played right in front of our eyes right now.

not everyone can go on to high school and not everyone has the same desire all humans are very varied maybe you also see people who have twins who have different fingerprints let alone their thoughts to live a life full of question marks.
experience during school I was never taught to be an entrepreneur and manage finances so that the value is not eaten by inflation, what I am at school is to be able to take all subjects and obey the rules like prisoners or workers, there is no freedom to explore myself to find my identity because when I was required to master all the existing subjects, there I thought, how can I do it all while the teachers who teach me are different in each subject, with the meaning that students must have the freedom to choose their subjects to support their aspirations so that they become experts. in their field and most schools cannot facilitate this.
and in my opinion, learning does not have to be in schools or other educational institutions, we can learn faster if we often interpret every incident in our lives of course in terms of maintaining life or the economy must always carry the 5W + 1H problem formula, I think the formula is very effective without must study within the institution.
maybe when bankruptcy can't be stopped it means we have to reset what went wrong in our business and have to fix it quickly.

the most important thing for us is to have ambitions so that our goals can be achieved and must master the skills that support our goals, in my opinion, it is quite easy for today because everyone can access various information with their cellphones.

[harapan]

I have seen many adult - staying idol and not working for less salary because their ego is more dear than their need.
I know and personally have seen adult want to join an office on their conditions. They want to work but they want to work on very higher salary and all the terms they decide.
For me these people remain broke because they are selfish and arrogant and greedy. They should remain broke because they are meant to be

You cannot say someone is greedy for maintaining their standards, there should be standard take home for you as a professional, you shouldn't allow employees to exploit you because they know you are eager and looking hungry. If you are been employed as a software engineer, and they know you are qualified  and offered the job, they should be ready to pay you that quality paycheck with a good office spacious enough where you can do any job directed to your desk.
Are you even aware that some companies will use your ignorant if you don't come to terms and conditions from the start of the job in your attached employment later so that you don't cry later that you are been used and paid less as agreed, set your standard if you are professional and want to work under a person but I will even advice you to be your own boss instead working under anyone.

The standard issues is the talk for me, like employer's will want you to lower your standards to earn less when you can do more than what you earn actually because they know how eager you want that money. IMHO people should be more focused on a single skill, get to achieve a single skill and not put your energy in two things. The energy shown into anything will payback. Also adults should spend lesser than they earn and also avoid thing's that doesn't give them lucrative profits. it's a nice topic from OP, if there are adults here it will be nice to see them reading all those advice laid down.

[Jody.Drummer]

All of us must have our own problems in facing the economy which is currently not good, and this problem is also experienced by the government in each country, so the most important thing we must apply is by working hard and must have discipline in dealing with every job we are currently living, in fact to face poverty it is very dependent on us and partly it does affect the support of others, then every suggestion given by others we must analyze well because some of it can indeed help us to solve a problem.

True, I also think that everyone has their own economic problems, maybe the difference is how big the problem they are and how they solve it. With a difficult situation like this we all must feel the same about the difficulty of building our good finances. Instead of building a better financial situation, we are busy preparing for something we don't want to experience, namely a recession.
No one wants economic hardship, if we could choose, we would choose a good economic situation.

[RealMalatesta]

When you don't buy coins in the bearish season, and you don't sell your coins when the price is high in the market, it will make you broke as an adult in the community. Now that the price of coins has decreased for investors to buy and hold until the price go higher before they can sell to embrace income to become a great man or woman in the future, but those that will remain broke in the community will never follow the steps of other potential investors to know when they used to buy coins, and when they used to sell to make a huge amount of income from their investment.

I can understand not selling them when they are higher, because you may want to sell it even higher, but not buying when it is low is a big problem. If you buy at 20k right now, and then not sell it when it reaches 100k, then you could sell it when it eventually hits 150k or 200k, that's your own personal preference on when to sell.

However, if you do not buy at 20k at all, then it means you are going to miss out on that chance to make a choice on how much you profit. Not only there are people who don't buy right now, but the shocking thing is there are people who sell right now, and that is beyond understandable for me, how could you sell when it's so cheap and looks potentially so profitable?

[cheezcarls]

If I wasn't open minded to opportunities like Bitcoin and crypto years ago, I would remain broke until today. Despite not being able to understand about Bitcoin and crypto, I was eager to learn more about it after it reached $10k for the first time in mid-2017.

It's where I am finally open minded after ignoring Bitcoin last 2014 after registering an account on Bitcointalk. Back then, I was too reliant on network marketing and online job career where I have failed and a disappointment to my family.

Thanks to my decision in being open minded about Bitcoin and crypto, it changed my life and allowed me to do the things that I wanna do in life like increasing my savings, travel, etc. Crypto has a lot of opportunities a.k.a. "opportunity within the opportunity", if we know how to find it ourselves.

[Fatunad]

When you don't buy coins in the bearish season, and you don't sell your coins when the price is high in the market, it will make you broke as an adult in the community. Now that the price of coins has decreased for investors to buy and hold until the price go higher before they can sell to embrace income to become a great man or woman in the future, but those that will remain broke in the community will never follow the steps of other potential investors to know when they used to buy coins, and when they used to sell to make a huge amount of income from their investment.

I can understand not selling them when they are higher, because you may want to sell it even higher, but not buying when it is low is a big problem. If you buy at 20k right now, and then not sell it when it reaches 100k, then you could sell it when it eventually hits 150k or 200k, that's your own personal preference on when to sell.

However, if you do not buy at 20k at all, then it means you are going to miss out on that chance to make a choice on how much you profit. Not only there are people who don't buy right now, but the shocking thing is there are people who sell right now, and that is beyond understandable for me, how could you sell when it's so cheap and looks potentially so profitable?

People would remain idol but they would not work on low wages - I have seen many people who would refuse to work on less wage - despite of the fact they are incompetent.  To me one of the reason people remain broke as an adult is the arrogance and their attitude toward the people

Ego/Pride will really be pointing you into nothingness or simply you cant really be having a good life yet you are really that too confident of yourself that you should deserve better.
If you are that incompetent, then why would ask out for some position or jobs which would really be having huge salary or pay? You dont have the rights to demand and also
you arent forced on making some application.Therefore, you should really make yourself on assessing on what are the capacities or skills you do have but if you dont
have any choice then for sure you would really be sticking into those nearest possible options.

[darkangel11]

I'm broke as an adult because I keep investing money and rarely taking profits. I became like that because my parents had no idea how to invest and they were always trying to make ends meet, afraid that if they touch what little they've saved up it's going to disappear. I went all in investing in various things, getting real estate, bitcoin, altcoins, but I went so far in this that I almost don't have any fiat money and if this inflation keeps dragging on for more than 2 years I'm going to have to sell some of my investments just to pay the bills

I think that people are broke because they spend too much on things they don;t need and don't know how to manage their stuff. They don't sell the things they don't use just stash them or throw away.

[odunybiz]

When they learn something, they tend to get stuck with it or they go think like they are pros.
IMHO, I like being a newbie every time I see a chance. To learn more. To be updated with recent changes in how things are done.

Humbleness is one of the key to a successful business. An entrepreneur should be ready to learn from people's mistakes and success.

You have to be wise and try to learn other things, new things, and apply them to your old knowledge.

Technology become more advance everyday. One should be ready to learn along side with the technology advancement. With that one would be side line in the community and would always be relevant in the community.

[Joshapat]

Many people take time for granted,  they don't really value their time. What we do with our time will always speak for us in life. The time we put into our careers is very important. Successful men we see in the world made in life because they gave value to their time. Time wasting will never bring anything profitable.

Utilizing time to the maximum is the key to success in the future, when young then the best thing is to continue to invest and find a productive source of income, and most young people today only waste time with unproductive activities so that when they are old they become difficult.

[bitgolden]

Everyone wants to work on their own terms, most have no ability to make those demands and must merely go where the money is with no choice on multiple terms.   The biggest clue to progressing or only surviving is to keep learning, most people will stop when they leave school as the job itself does not teach anything extra.   Some in good jobs might learn, may even be encouraged as an investment that would qualify as a good job even if you do not like the job its still good to gain something more then money.
  Only very few will work and learn anything outside of work, thats quite rare to make an extra effort of course people are tired but to only exist on the leash to a job not enjoyed wont ever feel enough its not just the money its a waste of peoples talent .

one of the reason people  remain broke as an adult is because they are arrogant and they don't want to work at a low wage
They would prefer  staying idol then to work and earn less.
But everyone has their own mind set some time these kind of people are happy with what they are doing

There is also another reason. One of my friends do not care about debt, and as a couple they made huge debts, they already had huge debts and they arranged 2 vacations, and also a third one overseas to another nation, so 3 vacations that are very expensive WHILE having debt. They don't care about their loans, they don't care about their credit card debt, they just grow it bigger and bigger and bigger.

I don't know what will happen to them but sometimes I feel like it's definitely something bad for them, but then I turn around and look at the situation and think that they are still living a great life with borrowed money and nothing bad has happened to them.

[savetheFORUM]

If I wasn't open minded to opportunities like Bitcoin and crypto years ago, I would remain broke until today. Despite not being able to understand about Bitcoin and crypto, I was eager to learn more about it after it reached $10k for the first time in mid-2017.

It's where I am finally open minded after ignoring Bitcoin last 2014 after registering an account on Bitcointalk. Back then, I was too reliant on network marketing and online job career where I have failed and a disappointment to my family.

Thanks to my decision in being open minded about Bitcoin and crypto, it changed my life and allowed me to do the things that I wanna do in life like increasing my savings, travel, etc. Crypto has a lot of opportunities a.k.a. "opportunity within the opportunity", if we know how to find it ourselves.

I think there are people who until now didn't knew btc and crypto, yet they are not broke. It's only about budgeting or money management if you are already earning something. If you don't have any job well you can consider your self as broke. You can always find one if you don't like that feeling or you don't want to be called like that.

There are lots of jobs outside not just here in crypto. It's almost impossible to ignore bitcoin after opening an account in this forum because the name of this forum is bitcointalk and most topics here are related to bitcoin. There are also sig campaigns which you can earn a btc if you don't have a money or guts to invest in your own in btc but congrats since you are still successful despite that.

[carlfebz2]

Many people take time for granted,  they don't really value their time. What we do with our time will always speak for us in life. The time we put into our careers is very important. Successful men we see in the world made in life because they gave value to their time. Time wasting will never bring anything profitable.

Utilizing time to the maximum is the key to success in the future, when young then the best thing is to continue to invest and find a productive source of income, and most young people today only waste time with unproductive activities so that when they are old they become difficult.

They won't be minding out because they are really that still depending into their parents which it would be normal that you would really be having that kind of confidence which you don't be thinking into those investment concern until the time comes where you do need to be independent on your own and this is where realization do comes from.

As early as you can or the younger you are,then you should really obliged yourself on finding various sources or income which it could really give out advantage compared to those who doesn't really care on that regard.

[Cookdata]

Many people take time for granted,  they don't really value their time. What we do with our time will always speak for us in life. The time we put into our careers is very important. Successful men we see in the world made in life because they gave value to their time. Time wasting will never bring anything profitable.

Time of the essence in every man’s life, but the ones wasted doesn’t mean you may not be able to meet up tomorrow but that of course shouldn’t warrant wasting any, because as a man, we are all bound to mistakes and there are consequences for such but if you learn from those mistakes and willingly ready to learn from them, you can still catch up.
There are cases where people waste their youthful age and regret their actions but even with such mistakes, life usually turn out fair or excellent for them at the end but this cases are few though.

[blockman]

As early as you can or the younger you are,then you should really obliged yourself on finding various sources or income which it could really give out advantage compared to those who doesn't really care on that regard.

Posts like this are made by op and by influencers. I've been forced to learn those things that they've shared in knowledge so that I won't grow old broke.
It's fearing to be an old person and you've got nothing that you've obtained and saved from your youth days. Because we've been given all the same time and age until we grow old and it's a personal problem if you didn't do anything for you to be at your convenience when the time of retirement comes.

[Fredomago]

As early as you can or the younger you are,then you should really obliged yourself on finding various sources or income which it could really give out advantage compared to those who doesn't really care on that regard.

Posts like this are made by op and by influencers. I've been forced to learn those things that they've shared in knowledge so that I won't grow old broke.
It's fearing to be an old person and you've got nothing that you've obtained and saved from your youth days. Because we've been given all the same time and age until we grow old and it's a personal problem if you didn't do anything for you to be at your convenience when the time of retirement comes.

Correct, it's on you if you didn't do the right thing for your life, nothing to be blame as it's true that we all have same timed frame with our young age and consider that those years also give us the chance to work with our future, if you don't have anything you can' blame anyone but your own self, it's best thing to save as early as you can.

When you have the chance to save and invest better, not to waste time and your money. Keep in mind that starting at young age
gives you the upper hand to succeed in your early age.

[blockman]

As early as you can or the younger you are,then you should really obliged yourself on finding various sources or income which it could really give out advantage compared to those who doesn't really care on that regard.

Posts like this are made by op and by influencers. I've been forced to learn those things that they've shared in knowledge so that I won't grow old broke.
It's fearing to be an old person and you've got nothing that you've obtained and saved from your youth days. Because we've been given all the same time and age until we grow old and it's a personal problem if you didn't do anything for you to be at your convenience when the time of retirement comes.

That is a good point you have mentioned. Being an adult you must learn new things every 6 month try to find out what is new going on around you.
This is one of the ways to keep yourself updated with the new trends - the best thing not to waste so much time on the social media but to do real research and find new things online.

No need to set how many months you should acquire new knowledge. It should be part of our daily lives and we should be eager to learn new things that will help us in our lives. I find staying most of your time on social media can be productive and destructive. If you don't use your time wisely there and you're just watching useless content and reading worthless things, it's totally not useful. Don't follow those clout chasers and instead find those influencers that are giving you additional knowledge from the things that you want to know from the niche of their contents.

[Lanatsa]

As early as you can or the younger you are,then you should really obliged yourself on finding various sources or income which it could really give out advantage compared to those who doesn't really care on that regard.

Posts like this are made by op and by influencers. I've been forced to learn those things that they've shared in knowledge so that I won't grow old broke.
It's fearing to be an old person and you've got nothing that you've obtained and saved from your youth days. Because we've been given all the same time and age until we grow old and it's a personal problem if you didn't do anything for you to be at your convenience when the time of retirement comes.

That is a good point you have mentioned. Being an adult you must learn new things every 6 month try to find out what is new going on around you.
This is one of the ways to keep yourself updated with the new trends - the best thing not to waste so much time on the social media but to do real research and find new things online.

No need to set how many months you should acquire new knowledge. It should be part of our daily lives and we should be eager to learn new things that will help us in our lives. I find staying most of your time on social media can be productive and destructive. If you don't use your time wisely there and you're just watching useless content and reading worthless things, it's totally not useful. Don't follow those clout chasers and instead find those influencers that are giving you additional knowledge from the things that you want to know from the niche of their contents.

Learning is a never-ending process because there are things in life which we dont really know and on the time we do encounter it then it would really be normal that we should really be adaptive on whatever

things that we would go along the way.If you wont really accept those errors and still get remained on making yourself not having much improvement then you wouldnt find yourself that efficient in terms or earning.
You would really be remain broke if you would'nt really find out other source of income.You arent making yourself get upgraded in terms of financial sources or income.
This is why you should really be that wise.

[blockman]

No need to set how many months you should acquire new knowledge. It should be part of our daily lives and we should be eager to learn new things that will help us in our lives. I find staying most of your time on social media can be productive and destructive. If you don't use your time wisely there and you're just watching useless content and reading worthless things, it's totally not useful. Don't follow those clout chasers and instead find those influencers that are giving you additional knowledge from the things that you want to know from the niche of their contents.

Learning is a never-ending process because there are things in life which we dont really know and on the time we do encounter it then it would really be normal that we should really be adaptive on whatever

things that we would go along the way.If you wont really accept those errors and still get remained on making yourself not having much improvement then you wouldnt find yourself that efficient in terms or earning.
You would really be remain broke if you would'nt really find out other source of income.You arent making yourself get upgraded in terms of financial sources or income.
This is why you should really be that wise.

Being experienced should already be enough as a starter to learn to be wise and get yourself ahead in the things that you do. We don't want to spend our old times being broken into this world because we can't enjoy things that way.
The best thing is to learn from those experiences together with the experiences of others and take the moral lessons and knowledge that will be added to what you're learning so, aside from those, you'll get the benefit of applying it yourself if they're mostly related to finances.

[AndySt]

Learning is a never-ending process because there are things in life which we dont really know and on the time we do encounter it then it would really be normal that we should really be adaptive on whatever things that we would go along the way.If you wont really accept those errors and still get remained on making yourself not having much improvement then you wouldnt find yourself that efficient in terms or earning.
You would really be remain broke if you would'nt really find out other source of income.You arent making yourself get upgraded in terms of financial sources or income.
This is why you should really be that wise.

In any case, it is absolutely impossible to avoid mistakes and there is nothing more important than your own mistakes that you make yourself, because this is the most effective way to avoid mistakes in the future. It is this bitter experience that can then help not to make these mistakes again. In the field of finance, this is generally important, because wrong actions in this area can leave not just without a confident future, but even without a stable present. Also, do not forget that any market is a zero-sum game and in addition to the winners there will always be losers, so the minimum task is at least not to lose much.

[xSkylarx]

Most people will be complacent with age so they never think that when old and unproductive but expenditure is getting higher, this is what makes us have to get ready to welcome old age with investment, and I think the opportunity for cryptocurrencies is very good because it is increasingly legalized in many countries.

Most of the adult want to complain and don't want to work.
I believe nothing is permanent neither job nor your bad days

When Adult of course we will have difficulty working or business, this is what makes us have to prepare for the adult period from the start, the best and easy thing we do is by investing in many places such as property, gold, or cryptocurrencies.

I don't know, but mostly what I saw were teens and 20- to 25-year-olds who were lazy and just complaining about everything without doing anything. I think it's because they don't have motivation in life, but most adults are responsible and work hard to reach their goals and earn money, but mostly those adults that go broke are because of their vices and unwanted spending. They mostly go beyond their income, which is why most people go broke and have a lot of debt.

[Hypnosis00]

I don't know, but mostly what I saw were teens and 20- to 25-year-olds who were lazy and just complaining about everything without doing anything. I think it's because they don't have motivation in life, but most adults are responsible and work hard to reach their goals and earn money, but mostly those adults that go broke are because of their vices and unwanted spending. They mostly go beyond their income, which is why most people go broke and have a lot of debt.

One reason why many were at their young ages is too lazy to find a job and make money is because they don't responsibility to push them to work hard. And it has become habitual for people to start finding a way when they have no option.

 - financial illiterate
 - no guidance from their parents
 - environmental influence
 - prioritize

These things are the most issues why many people are still broke. They don't have any idea where to start, their mind were just focusing on today but not thinking about the future. As they will survive today and tomorrow, that is still okay for them - a mindset problem. Which I see it needs to change and start building up at the very young age if possible.

[monineklutak]

Most people will be complacent with age so they never think that when old and unproductive but expenditure is getting higher, this is what makes us have to get ready to welcome old age with investment, and I think the opportunity for cryptocurrencies is very good because it is increasingly legalized in many countries.

Most of the adult want to complain and don't want to work.
I believe nothing is permanent neither job nor your bad days

When Adult of course we will have difficulty working or business, this is what makes us have to prepare for the adult period from the start, the best and easy thing we do is by investing in many places such as property, gold, or cryptocurrencies.

I don't know, but mostly what I saw were teens and 20- to 25-year-olds who were lazy and just complaining about everything without doing anything. I think it's because they don't have motivation in life, but most adults are responsible and work hard to reach their goals and earn money, but mostly those adults that go broke are because of their vices and unwanted spending. They mostly go beyond their income, which is why most people go broke and have a lot of debt.

The age of 20-25 years of course should be a productive age and it is a pity if they do not use their time wisely,
Complaining without doing anything of course is useless and just a waste of time,
when you are a teenager it is very important to instill a sense of responsibility in yourself and sometimes people don't do that

[gantez]

The age of 20-25 years of course should be a productive age and it is a pity if they do not use their time wisely,
Complaining without doing anything of course is useless and just a waste of time,
when you are a teenager it is very important to instill a sense of responsibility in yourself and sometimes people don't do that

At this age not majority of teenagers that know what they want especially the age between 18/20, this is the forming ages of your self. This age bracket is really the important time but it is usually misused or abused because of change that the body under go, pairs group misleading and the for planning is gone for discovery of yourself just few youth planning very well at this age.

[Bitcoin2009]

Our attitude and lifestyle must change immediately, if we are young then don't ever think about being extravagant and don't want to invest, because regret always comes and it's too late when we are old, never waste time and money badly better do it right away invest before it's too late.

[Fredomago]

I don't know, but mostly what I saw were teens and 20- to 25-year-olds who were lazy and just complaining about everything without doing anything. I think it's because they don't have motivation in life, but most adults are responsible and work hard to reach their goals and earn money, but mostly those adults that go broke are because of their vices and unwanted spending. They mostly go beyond their income, which is why most people go broke and have a lot of debt.

One reason why many were at their young ages is too lazy to find a job and make money is because they don't responsibility to push them to work hard. And it has become habitual for people to start finding a way when they have no option.

 - financial illiterate
 - no guidance from their parents
 - environmental influence
 - prioritize

These things are the most issues why many people are still broke. They don't have any idea where to start, their mind were just focusing on today but not thinking about the future. As they will survive today and tomorrow, that is still okay for them - a mindset problem. Which I see it needs to change and start building up at the very young age if possible.

Wow, good list and it's practical to say that those are the affecting factors where most young ages failed to realize, you need to work this one out if we wanted to have a better future ahead, it's not easy since the environment is also affecting you in terms of managing your finances, there are people who wanted to go free with their finances so they start young and save with also doing some investment to have good chances of having enough fund for their future.,

[gabbie2010]

The only very reason I find why most people are broke is because they were too lazy although, it's not always the main reason but mostly it's because of their laziness that's why they end up being the same as before. If people were striving just to survive or to get out the poverty, they will in no time but it should always come with a self-control and patience if they want to continue succeeding since it's not always about how hard you work but it's also how you control yourself from being a reckless spender that would lead you to becoming broke someday.

Some people are naturally lazy they prefer " to receive a fish rather than to learn how to fish so as to sustain them for a lifetime" there are numerous learnable skills on the internet which are well sought after unfortunately some lazy people prefers to stay idle and beg to survive invariably live from hand to mouth, even with the little money they squandered it, Moreso it's advisable to utilize a scale of preference in our basic needs by avoiding purchase of items which are not the basic needs of the household especially now that inflation is ravaging globally leading to high cost of goods and services.

[Yatsan]

Our attitude and lifestyle must change immediately, if we are young then don't ever think about being extravagant and don't want to invest, because regret always comes and it's too late when we are old, never waste time and money badly better do it right away invest before it's too late.

That's how privilege works; you won't appreciate someyhing you have. Investments and other sources of profit won't come at your interest if you are still not needing that money. You'd be more comfortable of the life you are currently living and moving in. That is indeed where regret takes place which is always at the back. Well, you cannot regret something in the first glance right? Lol.

The only very reason I find why most people are broke is because they were too lazy although, it's not always the main reason but mostly it's because of their laziness that's why they end up being the same as before. If people were striving just to survive or to get out the poverty, they will in no time but it should always come with a self-control and patience if they want to continue succeeding since it's not always about how hard you work but it's also how you control yourself from being a reckless spender that would lead you to becoming broke someday.

Some people are naturally lazy they prefer " to receive a fish rather than to learn how to fish so as to sustain them for a lifetime" there are numerous learnable skills on the internet which are well sought after unfortunately some lazy people prefers to stay idle and beg to survive invariably live from hand to mouth, even with the little money they squandered it, Moreso it's advisable to utilize a scale of preference in our basic needs by avoiding purchase of items which are not the basic needs of the household especially now that inflation is ravaging globally leading to high cost of goods and services.

Hard to tell. Some people have drive to invest and such but unfortunately, not all have the knowledge. Why don't they study it then? Sometimes eagerness is not enough especially if you don't get anything you are trying to absorb. There are terminologies and strategies a non-investor won't get unless you would be using practical examples for them to relate their state of knowledge into it. Not all people would be patient enough to teach step by step procedure to a person right?

[Hanseihou]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

👉👉You are not teachable :Some people act like they know it all and would not take to corrections. Such people don't allow people who have gone ahead of them to show them the way. Then they start making mistakes and taking the wrong steps which could cost them heavily. You need guidance as an adult whose desire is to do away with being broke forever.

👉👉Failure to take action: This is a very key point. You may always attend seminars, read books and highly knowledgeable but always scared or too lazy to take action. You can be likened to a farmer who has the tools and necessary implements to work and make cultivation happen but just being lazy around while boasting that he has them. This can make any difference in his life. Taking necessary step can help to bring an end to one poverty.

👉👉Reckless spender: Some people spend anyhow. They spend money on unnecessary things. Every money that comes to them is for enjoyment. No saving, no investment, no planning of setting money aside with the aim of multiplying it. They spend it all on unrealistic cravings and frivolous activities. You are likely to remain broke as an adult if you lack self-control and spend recklessly. You need discipline if you are truly sure that you need financial.
https://tribuneonlineng.com/reasons-you-will-remain-broke-as-an-adult/

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

Yeah, "Failure to take action" is important. Reading a lot of books does not change lives, action does.
Make the most of your time to find opportunities， Delayed gratification to accumulate enough money instead of always spending on useless things, so that you can have the ability to capture the opportunity when it comes

[BigBos]

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

👉👉You do not value your time :You don’t have regard for your time. You don’t even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

👉👉You don’t have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

👉👉You are not teachable :Some people act like they know it all and would not take to corrections. Such people don't allow people who have gone ahead of them to show them the way. Then they start making mistakes and taking the wrong steps which could cost them heavily. You need guidance as an adult whose desire is to do away with being broke forever.

👉👉Failure to take action: This is a very key point. You may always attend seminars, read books and highly knowledgeable but always scared or too lazy to take action. You can be likened to a farmer who has the tools and necessary implements to work and make cultivation happen but just being lazy around while boasting that he has them. This can make any difference in his life. Taking necessary step can help to bring an end to one poverty.

👉👉Reckless spender: Some people spend anyhow. They spend money on unnecessary things. Every money that comes to them is for enjoyment. No saving, no investment, no planning of setting money aside with the aim of multiplying it. They spend it all on unrealistic cravings and frivolous activities. You are likely to remain broke as an adult if you lack self-control and spend recklessly. You need discipline if you are truly sure that you need financial.
https://tribuneonlineng.com/reasons-you-will-remain-broke-as-an-adult/

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

Yeah, "Failure to take action" is important. Reading a lot of books does not change lives, action does.
Make the most of your time to find opportunities， Delayed gratification to accumulate enough money instead of always spending on useless things, so that you can have the ability to capture the opportunity when it comes

how long do you have to keep looking for opportunities? Opportunities come to those who have the ability, therefore because opportunities do not need to be sought because they will definitely come if they have the ability and knowledge. the analogy is like you won't buy BITCOIN if you don't know about BITCOIN and how to buy it, you won't have a chance to become a programmer if you can't use a computer.
I agree with what the OP said, increasing self-potential is something we have to do in order to survive and be able to compete in this hot world. If you are constantly looking for opportunities, you will never find them if you don't have any skills, reading books is one way to increase your knowledge and open your horizons for thinking. I totally disagree with your saying "reading books is a waste of time". do you not realize and see what he did on the sidelines of Elon Musk's time, even though he is already the richest person, but he still reads books to increase knowledge because he realizes that books are a source of knowledge.