5 things you should not do with your money to get rich

[Sang Prabu]

All factors that hinder to be rich are certainly very many, and various things have been done by the rich, but I believe that rich is a stipulated provision, so that in real life we can see people who according to the assessment are not worthy of rich but he can be rich or vice versa , who deserves to be rich but not rich.

[Obari]

Are you rich?
I think what you say is not fundamental in managing finances. and what you say is universal because it doesn't give any specific formulation.
1. Everyone has a plan whenever they spend money even a few minutes before.
2. Basically humans have to be simple but sometimes we have to be arrogant to keep the financial principles we hold.
 3. I think we should follow the trend but not always even though the value will be lost but if it is a must in running our business why don't we buy it? where everyone has an android phone yes, we only use landlines and how can we accelerate our business expansion if we are still using vehicles from the 90s?
4. If indeed the goal is to build relationships with those who have a lot of money so that we know the business they run and we can study, eat and drink coffee in places that are quite draining on our wallets, it doesn't matter if the goal is to expand relationships and strengthen connections for development ourselves and our business.
5. Maybe you mean FOMO where everyone buys because a lot of people talk about it and buy it. is a natural thing when we start to dive into the world of investment, but after a long time I think it is necessary to understand what is called risk management from various aspects.

OP doesn't have to be rich to give this advice.
Maybe he might also be saying all of what he said out of personal experience.
Rather than counter all he has said while not respectfully add to it or make corrections where necessary. If you actually took your time to carefully read to learn from all he said rather than reading to counter his motions, you'll understand that he was so considerate enough to accommodate the facts that it isn't easy to keep up with money and he just give us a hack that seem right to him to avoid running into dependency.

OP said something about people who have to buy the latest phones, for instance iphone just to show off without having any significant use for it, in a country like mine, I've seen a lot of people do a whole lot of things just to own the latest iphones and at the end of the day have no dedicated use for it but just to snap and edit pictures for social media that they wouldn't even have upto 100 likes.

OP also mentioned people buying cars for the sake of trends without putting into consideration the cost of fueling and maintenance and later end up selling it at a very cheap price.
I totally agree to this because early this year, an oil firm paid a huge sum of money to a neighbouring community for oil spillage on their land and the money was shared to all members of the community with each citizen having over $9k, most of them got new cars worth over $5k and now selling for less than $3k just within a year which isn't nice And i was an agent to selling two cars they bought then

[sulendra12]

in my opinion to be rich in the easiest thing is to find a source of luck or hard work and smart.

If you are just relying on luck to be rich instantly, I'm pretty sure you are not having a great time with your money. It's not satisfying to get your money with the luck and they just buy everything they want with their money because they considered it as free money instead of their hard-working money that they have to treat it really carefully. I have seen people gotten rich by luck and they had ended up broke or involved with criminal crimes.

[Joshapat]

Rich or poor is not a human choice but there is already a decisive one, I see a lot of fact that many people do not graduate from school but can be successful and have employees who graduate, or vice versa that graduating with the best grades but cannot be rich and only trapped in a routine working with a salary Just enough for living standards alone.

[molsewid]

Rich or poor is not a human choice but there is already a decisive one, I see a lot of fact that many people do not graduate from school but can be successful and have employees who graduate, or vice versa that graduating with the best grades but cannot be rich and only trapped in a routine working with a salary Just enough for living standards alone.

It is because of the way they are thinking. If the person even though didn't have a degree but be is extending his effort towards his works and having perseverance he is more likely to be successful in the future, the reason why someone is having an edge to another people is that they are strong enough in many emotional things since it greatly affects our behavior. Regarding the topic, all of it was correct but it all depends to everyone's behavior. I have a friend who likes to post her achievements in social media and I saw how hard it is for her before she got that all things and that's fine with me, I don't need to be bothered it is her life even though I don't want that kind of things as well.

[nurilham]

1. Don't spend without a plan
      - Many people don't care or just don't care about spending. They don't care if they have extra money or if they have money left over until
      the end of the month. Then they will complain that they don't have any more money because they have no idea how and where they are
      spending it. And how many times have you gone shopping or grocery shopping without a list, which ended up costing you more because
      you didn't have a plan?
         Because if you want to save something or have some money, you should keep having plans when it comes to what you buy.

I agree that spending money on unnecessary things without a plan should be avoided. But spending money on urgent needs should be okay although you didn't plan it. Urgent needs like "spending money for medicine when you get sick" isn't planned previously, but it should be done because it is a crucial thing. Urgent needs are very possible to happen at any time, that's why we should have reserved money for this matter.

[virasisog]

Don't waste money on useless things

I was one of the people who used to buy the stuff I want over the things that I need regardless of their usage. I used to buy what was on trend until I lost a job during that time and have to sell those useless things just to survive. Because of what happened, I realized that valuing our hard earned money is too important. We should be wise in spending so that in case of emergency, crisis, or bad situations, we'll know how to survive.

[sovie]

5. Don't invest suddenly 
Is the result of "not spending without a plan" I suppose. Before making any investment decision, you need to take an honest look at your overall financial situation, especially if you have never invested before.

This also means don't trust anyone suddenly
There are scammer everywhere looking fwd to fool and grab people's wealth in the name of investment. I have recently been the victim myself and I hate myself for being fooled

[bitgov]

Don't waste money on useless things

I was one of the people who used to buy the stuff I want over the things that I need regardless of their usage. I used to buy what was on trend until I lost a job during that time and have to sell those useless things just to survive. Because of what happened, I realized that valuing our hard earned money is too important. We should be wise in spending so that in case of emergency, crisis, or bad situations, we'll know how to survive.

All the points mentioned by OP are very good points.
Everyone has their ways of finding and resolving the things. And they do it when they experience the things on their own. There are very few people who learn from other people mistake - most of the people want to do it themselves.

[KennyR]

Five things to follow to make yourself rich is good, but we can't be sure that the mentioned list works with everyone's life. Everything is a gamble, so we need to try. If things weren't working out, we should frame the next set of objectives that can help us grow good in wealth.

[Lubang Bawah]

All of the suggestions above are good, it looks very easy to theory but it will be difficult for us to apply in reality, I think the most important thing to rich is to increase the source of income, no matter how much we spend or wasteful, but if our income is large then we will be rich , because what makes us rich is income not expenses.

[Swordsoffreedom]

All of the suggestions above are good, it looks very easy to theory but it will be difficult for us to apply in reality, I think the most important thing to rich is to increase the source of income, no matter how much we spend or wasteful, but if our income is large then we will be rich , because what makes us rich is income not expenses.

That's exactly what I was thinking. Although it is good not to spend excessively, but savings will not make us rich, sometimes excessive savings will actually make us poorer. It will slow down your thinking, you just want to save rather than put in more effort.
If we want to become rich, we should find ways to increase our income instead of just saving to get rich, because rich means having a lot of money and being able to enjoy life without worrying too much about money.

[Genemind]

1. Don't spend without a plan

      - Many people don't care or just don't care about spending. They don't care if they have extra money or if they have money left over until
      the end of the month. Then they will complain that they don't have any more money because they have no idea how and where they are
      spending it. And how many times have you gone shopping or grocery shopping without a list, which ended up costing you more because
      you didn't have a plan?
         Because if you want to save something or have some money, you should keep having plans when it comes to what you buy.

It's people's mentality. We always have an excuse when we spend more than what we should've. We always think of excuses like "I'll get my pay check soon and I still have some savings" , "I am just rewarding my self", or any other excuses we can think of when we are spending too much. There's nothing wrong or enjoying what you've earned, however, if this kind of mentality goes on it becomes a bad habit. If you want to get rich, you need to focus on saving all the money you can, invest wisely, and don't ever think that money will continuously flow without hard work.

[gunhell16]

Are you rich?
I think what you say is not fundamental in managing finances. and what you say is universal because it doesn't give any specific formulation.
1. Everyone has a plan whenever they spend money even a few minutes before.
2. Basically humans have to be simple but sometimes we have to be arrogant to keep the financial principles we hold.
 3. I think we should follow the trend but not always even though the value will be lost but if it is a must in running our business why don't we buy it? where everyone has an android phone yes, we only use landlines and how can we accelerate our business expansion if we are still using vehicles from the 90s?
4. If indeed the goal is to build relationships with those who have a lot of money so that we know the business they run and we can study, eat and drink coffee in places that are quite draining on our wallets, it doesn't matter if the goal is to expand relationships and strengthen connections for development ourselves and our business.
5. Maybe you mean FOMO where everyone buys because a lot of people talk about it and buy it. is a natural thing when we start to dive into the world of investment, but after a long time I think it is necessary to understand what is called risk management from various aspects.

Are you rich?

I'm not rich and I'm not poor either, maybe at the level of just an average state of life. But everyone wants to be rich. It's just a different method that we think is right but turns out to be wrong.

1. Everyone has a plan every time they spend money even minutes before.

Not everyone thinks of planning how to spend their money, let's just talk real. Maybe you think that but not everyone is what you think.

2. In general, people need to be simple but sometimes we need to be arrogant to maintain the financial principles we hold dear.

I agree that we should be as simple as possible. But I don't agree that just to maintain the finances that we hold, we should brag, it's better to be real than to pretend.

3. I think we should follow the trend but not always even if it loses value but if it is necessary to run our business why don't we buy it? where everyone has an android phone yes, we only use a landline and how can we accelerate our business expansion if we are still using a car from the 90s?

I didn't say anything that we shouldn't follow the trend, I mean we shouldn't be trying hard on the things we got and bought but we are suffering because of what we did. So, let's not be trying hard on something if we can do it without difficulty.

4. If the goal is really to have a relationship with those who have a lot of money so that we can learn about the business they run and we can study, eat and drink coffee in places that drain our wallets a bit, it doesn't matter if the goal is to expand relationships and strengthen connections for the development of ourselves and our business.

But not everyone who goes to restaurants or expensive coffee shops is talking about business, most of them just socialize with friends to say that they also have a lot of money or can afford to spend in such places.

5. Maybe you mean FOMO where everyone buys because a lot of people talk about it and buy. is a natural thing when we start to dive into the world of investment, but after a long time, I think it is necessary to understand what is called risk management from different aspects.

That's your opinion and I respect you in that matter dude...

[sovie]

1. Don't spend without a plan

      - Many people don't care or just don't care about spending. They don't care if they have extra money or if they have money left over until
      the end of the month. Then they will complain that they don't have any more money because they have no idea how and where they are
      spending it. And how many times have you gone shopping or grocery shopping without a list, which ended up costing you more because
      you didn't have a plan?
         Because if you want to save something or have some money, you should keep having plans when it comes to what you buy.

It's people's mentality. We always have an excuse when we spend more than what we should've. We always think of excuses like "I'll get my pay check soon and I still have some savings" , "I am just rewarding my self", or any other excuses we can think of when we are spending too much. There's nothing wrong or enjoying what you've earned, however, if this kind of mentality goes on it becomes a bad habit. If you want to get rich, you need to focus on saving all the money you can, invest wisely, and don't ever think that money will continuously flow without hard work.

The best point is not to invest suddenly and I would like to add one more thing to it.
Don't trust suddenly!
I have been in so much trouble for approx 6 months because of the sudden investment and trust

[Oilacris]

4. Don't waste money on useless things

Better you should be mindful on this thing.Instead on buying useless things then it would be more worth if you do really just simply
save it up and much better you do consider on buying  things which does have value or does appreciate.
Or even trying out to make investment which could really give out that chance to have passive income which it is really more ideal and recommended.
Getting rich is never been an easy path to take and lots had really failed up on this one.

[Pejoh Asu]

4. Don't waste money on useless things

Better you should be mindful on this thing.Instead on buying useless things then it would be more worth if you do really just simply
save it up and much better you do consider on buying  things which does have value or does appreciate.
Or even trying out to make investment which could really give out that chance to have passive income which it is really more ideal and recommended.
Getting rich is never been an easy path to take and lots had really failed up on this one.

Wasteful is a dangerous thing, the temptation to buy unimportant things makes us have to immediately leave wasteful nature, one thing that must be done so that it is not wasteful is carrying enough money when we leave the house, then delete all online shopping applications so that we will slowly leave wasteful.

[FanEagle]

These are all great when you have money, but not when you don't have it. The title is a bit wrong, it says "to get rich" but these are things rich people can do, not poor people. Sure if you are in debt, do not make a bigger debt and get a brand new iphone and yes there are some idiots who do that, makes no sense to me.

However, when you are like me, and barely can live with the money you have, that means none of this really helps you, you can't get richer. I am doing fine thankfully because I am not in debt, most of the world is in debt, I count myself "rich" for not having debt even if I had nothing, and I do have a bit saved aside as well, but none of what OP wrote helps me out.

[Fatunad]

These are all great when you have money, but not when you don't have it. The title is a bit wrong, it says "to get rich" but these are things rich people can do, not poor people. Sure if you are in debt, do not make a bigger debt and get a brand new iphone and yes there are some idiots who do that, makes no sense to me.

However, when you are like me, and barely can live with the money you have, that means none of this really helps you, you can't get richer. I am doing fine thankfully because I am not in debt, most of the world is in debt, I count myself "rich" for not having debt even if I had nothing, and I do have a bit saved aside as well, but none of what OP wrote helps me out.

Yes, there are things which are really that easy to say but what if those people dont have the money? For sure you cant really just move that much compared into those who do have money.Right?
This is why we cant really make out any conclusions yet basing on what we are seeing because in bigger or general scale, there's no way that we could able to see or witness on how other people
been thriving even into their everyday living which there's no room nor space for them to make out some investment nor even have the savings which makes thing
more harder for them to handle on.

[Poker Player]

Yes, there are things which are really that easy to say but what if those people dont have the money? For sure you cant really just move that much compared into those who do have money.Right?

No. It is not correct what you say.

What you express is a victim mentality as if not having money is a thing you can't change, as if you are 5'6" tall. Height you can't change, the money you make and how you manage it can.

Without getting into extreme cases, as if you live in the Somali desert, a person who has no money can work harder to get more money, and also start to get rid of debts if you have them, save in investing.

But to do that you need to believe that the future is largely in your hands and not believe that not having money is a catastrophe that you can not change as if lightning strikes you,