Reasons you will remain broke as an adult

[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.

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[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."