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

[Lambe Ndumble]

4. Don't waste money on useless things

      - Like most of us, there are still many addicted to spending on useless things. One of the good examples of this is that others may be
      inclined to go with friends who only do happenings and you keep up with your troops knowing that they have a lot of money unlike you or
      us which is not like that. Just like buying a high brand of coffee to drink in coffee shops just to be able to socialize and have a big time,
      you might not lose or die if you reduce the time you buy this kind of expensive coffee brand. Because you know that your budget is also
      hurting your pocket. And we know that there is also one that is cheaper and it's the same coffee, so let's just be practical for now. And
      there are many other things that we can reduce the things that we spend money on for nothing.

The temptation not to waste is very difficult, the presence of online shopping applications is always tempting anyone, I am also trapped with online shopping and feel that the offer in online shopping is very good, but when it is in the hands everything is normal, and since the last year I did not install the shopping application on line.

[Semar Mesem]

Most people want to be rich but they are lazy to do something to get rich, there are many theories and experiences from rich people that we can emulate, and all the ways to get rich depend on our abilities, if you are not rich then don't stop trying again or replacing with other techniques .

[m2017]

Most people want to be rich but they are lazy to do something to get rich, there are many theories and experiences from rich people that we can emulate, and all the ways to get rich depend on our abilities, if you are not rich then don't stop trying again or replacing with other techniques .

Only a small part of those who tried again and again became rich. Not everyone who tries gets rich, but at least they get a chance. Without trying, you will never become rich. Also, it is important to pay attention to luck. Sometimes, this is what matters. Those well-known figures who became famous for gaining wealth most often keep quiet about some details of their biography regarding simple luck or chance, because this devalues all their "hard work".

P.S. It's funny when people far from wealth discuss ways to achieve it.

[CageMabok]

Most people want to be rich but they are lazy to do something to get rich, there are many theories and experiences from rich people that we can emulate, and all the ways to get rich depend on our abilities, if you are not rich then don't stop trying again or replacing with other techniques .

Copying what the rich do will not help someone to become rich. For example, when you want to imitate what Elon Musk is doing. Do you have the ability to do what Elon Musk has done?

I think the people who are more appropriate to emulate are poor people who have become rich at this time because based on experience and knowledge and the results of trials carried out by poor people who have become rich are very appropriate steps for poor people to emulate and simple man who wants to be a rich man in the future. So it's not what rich people do that should be imitated in my opinion, but what poor people who are already rich are doing at this time.

[Marvell1]

. Also, it is important to pay attention to luck. Sometimes, this is what matters. Those well-known figures who became famous for gaining wealth most often keep quiet about some details of their biography regarding simple luck or chance, because this devalues all their "hard work".

I also believe in this, although we should not stop trying to become rich. However, there are times when, no matter how talented we are, no matter how hard we work, we will never succeed if we do not have a little luck. I believe that the people who become rich today are partly due to their luck, like I also met a lot of talented people but they didn't get rich because they were unlucky.

P.S. It's funny when people far from wealth discuss ways to achieve it.

People who are not wealthy will always discuss how to become rich, if we were all rich, I think we wouldn't be here.

[isaac_clarke22]

~

Nah, the reality is that it is not entirely from your abilities, Semar.
Luck comes into play in many occasions. You could have followed the footsteps of these rich people from the quotes you read, read every books on how to save money properly, but you might not even make it work in your end. Your network and social circle also comes into play. They are surely waaaaay many untold stories from these rich people in the internet that they just do not want expose to the public, well because of course it disadvantage for them.

It is not all about "hard work".

[panganib999]

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

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.

2. Don't brag about having a lot of money

     - This is correct because it is your money where you can do whatever you want to do with your money. But whether we admit it or not,
        being arrogant is also the reason for handling or mishandling our money.

              "2 things when you have a lot of money"

                      a. You make a new friend.
                      b. You have a close relative.

       - What do these two mean? When people know you have a lot of money, you are usually the one they turn to when it comes to financial matters such as borrowing, asking for help, and freeing up where you are always the best so on and so forth. But after all, there is nothing wrong if you are not forced and it springs from your will. In short, there is nothing wrong with helping, lending, or freeing.
It's just that others who approach become abusive because it's not their own money and they don't care about the money you spend or use, Because they think it's okay not to pay you. After all, you have a lot of money based on their thinking, this is a reality that is happening in our time today. But they don't know that you were forced to do that and they don't know how hard you worked for it before you got it. Then in the end you will realize that the money you lent just went to nothing and just went to useless things or vices. There are also people to whom you give money who don't care about you, what is your current situation, or something else. Because these people only think about themselves and their interests.

But you don't need to be greedy or selfish, as long as you always reach for a spring inside and from the heart so that it is not heavy on your will. And it doesn't hurt to be simple all the time. Also, you don't need to flaunt or show people that you have a lot of money because successful businessmen don't show off piles of money, they are just simple people with heavy pockets.

3. Don't always buy something that loses value

      - One of the major problems with what we spend over time is losing value or depreciating. Like you bought a phone or a car last year, but
      I'm not saying that it's not a necessity, I don't mean it like that of course. What I want to convey is that you don't always have to keep up
      with the trend, just because there is a new I phone that comes out, you will also buy such gadgets even if they are very expensive and it
      will be a bit difficult to buy it, but it turns out that you are just forcing your own so you can keep up with the trend.
      It's the same with the car because you'll need a down payment there, gas costs, maintenance, and other things that will be needed here
      because if you don't do it, you'll surely sell it at a low value.

4. Don't waste money on useless things

      - Like most of us, there are still many addicted to spending on useless things. One of the good examples of this is that others may be
      inclined to go with friends who only do happenings and you keep up with your troops knowing that they have a lot of money unlike you or
      us which is not like that. Just like buying a high brand of coffee to drink in coffee shops just to be able to socialize and have a big time,
      you might not lose or die if you reduce the time you buy this kind of expensive coffee brand. Because you know that your budget is also
      hurting your pocket. And we know that there is also one that is cheaper and it's the same coffee, so let's just be practical for now. And
      there are many other things that we can reduce the things that we spend money on for nothing.

5. Don't invest suddenly

     - In my experience, I have also participated in this type of investment without thinking immediately or doing research because I was just
     carried away by the hype. It's just like the "Get rich quick" where your 1k$ will turn into 10k$ after 3 days, things like that. Just like before
     the rise of cryptocurrency projects, there were a lot of them but in the end, they turned out to be scams, but I don't blame them all
     because there are legit crypto projects and there are others that are just scams or shitcoins, this is just an example.

     But I'm not saying that you shouldn't invest in crypto, I think we shouldn't make a hasty decision so that our capital doesn't go to waste.

Number 2 just made me laugh out of relatability. When I was a little bit naive about life and how to handle money, I keep bragging about how much I earn as well as how much I can chip in for stuff that would require pools of money to be dedicated, like house renovation and whatnot. I have noticed relatives, even those who I would consider to be far-blooded to me slither in to the scene like they've known me all my life when they haven't even tossed me a loaf of bread once. Soon pandemic came, and profits dwindled, and I became a massive disappointment, since I can't put as much in the table as I could back then, some of my friends who I grew close with stopped checking on me, same went with relatives who were so eager to acquaint with me back then. Money is a people magnet they say, and I couldn't agree more, when you have more money and you don't know how to spend it, you'll find other people who will spend it with you, and if that relationship was built in money, its lack will cause the relationship to slowly crumble and fall before your eyes, so find true friends and pay gratitude to them, but this time don't let them know you earn this and that, or you can spend this to this and that.

[Hamphser]

~

Nah, the reality is that it is not entirely from your abilities, Semar.
Luck comes into play in many occasions. You could have followed the footsteps of these rich people from the quotes you read, read every books on how to save money properly, but you might not even make it work in your end. Your network and social circle also comes into play. They are surely waaaaay many untold stories from these rich people in the internet that they just do not want expose to the public, well because of course it disadvantage for them.

It is not all about "hard work".

Agree into this point which i do agree on this one, no one really share off their secrets yet this would really be might ending up their competition and its true that there are lots of untold stories with those books

and those words of wisdom or knowledge they do called.Hard work wont be enough but at least you do have tried your best on attaining your goals in life.Its true that it is really somewhat need up some mix of luck
for whatever things that you are trying to achieve and on what you are trying out to reach on.

Being inspired wont really be that bad, but dont make yourself do really come into a point on where you are really that expecting that much or really that
pertains that you would certainly hit up those things that they had achieved.This isnt how the reality works and you should really make yourself aware
of it.

[sovie]

~

Nah, the reality is that it is not entirely from your abilities, Semar.
Luck comes into play in many occasions. You could have followed the footsteps of these rich people from the quotes you read, read every books on how to save money properly, but you might not even make it work in your end. Your network and social circle also comes into play. They are surely waaaaay many untold stories from these rich people in the internet that they just do not want expose to the public, well because of course it disadvantage for them.

It is not all about "hard work".

Agree into this point which i do agree on this one, no one really share off their secrets yet this would really be might ending up their competition and its true that there are lots of untold stories with those books

and those words of wisdom or knowledge they do called.Hard work wont be enough but at least you do have tried your best on attaining your goals in life.Its true that it is really somewhat need up some mix of luck
for whatever things that you are trying to achieve and on what you are trying out to reach on.

Being inspired wont really be that bad, but dont make yourself do really come into a point on where you are really that expecting that much or really that
pertains that you would certainly hit up those things that they had achieved.This isnt how the reality works and you should really make yourself aware
of it.

the whole life we are all learning our lesson
everytime we learn a lesson - the life teaches us another lesson more powerful next time. But I think one should keep oneself away from the bad people and learn  from other people's mistake too.

[Cryptock]

~

Nah, the reality is that it is not entirely from your abilities, Semar.
Luck comes into play in many occasions. You could have followed the footsteps of these rich people from the quotes you read, read every books on how to save money properly, but you might not even make it work in your end. Your network and social circle also comes into play. They are surely waaaaay many untold stories from these rich people in the internet that they just do not want expose to the public, well because of course it disadvantage for them.

It is not all about "hard work".

One should not stop reading to the good thing - it is good to make a good routine and learn from your mistake and move on

[crunck]

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

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

[iamsange]

The temptation not to waste is very difficult, the presence of online shopping applications is always tempting anyone, I am also trapped with online shopping and feel that the offer in online shopping is very good, but when it is in the hands everything is normal, and since the last year I did not install the shopping application on line.

What you have to blame in that case is yourself not the online shopping application. Because online shopping applications were created to make it easier for everyone to shop without having to go straight to a store or to several different stores in a day. Actually, the presence of this online shopping application has saved everyone's time when they want to shop and the price is also super cheap when compared to regular stores.

However, if you feel disturbed by the presence of an online shopping application just because you often shop for items you don't need, it means that what you have to control is not the online application, but your own lust when you see so many interesting items that it makes you interested in buying them.

[Cryptock]

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

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

Saving can save a lot of leaks to our bank account. IF I look back in my life I think I have wasted approx 10,000 USD at different point of time because of different situation and circumstances. One should save and not get trapped by the people

[xSkylarx]

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

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

Saving will not make us wealthy, but in an emergency, you will have something to get on because it is difficult to obtain an emergency loan from a bank in that time and you will also incur debt. In saving, your goal is not to become rich, since to become rich you need to have multiple sources of income. Your main purpose in saving is so that when you really need money, you can get it. I don't think saving is a selfish act since you save for your future and for your family, so it won't be selfish at all.

[tabas]

I have a belief about bragging the things you have, you may be at your peak right now and you get to brag but things are temporary in this world. You don't know how long you're going to be at the top of your life and that's why keep yourself humble at all times because you'll never know if the fate will be against you.

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

I don't see savings will make you more selfish. It's essential actually to have a savings because it's where you can get your pocket deep when you've get to need some money and you need to spend it for important matters. And savings is part of the practice of the rich because it will make you responsible and be good at handling your hard earned money.

[erep]

Saving will not make us wealthy, but in an emergency, you will have something to get on because it is difficult to obtain an emergency loan from a bank in that time and you will also incur debt. In saving, your goal is not to become rich, since to become rich you need to have multiple sources of income. Your main purpose in saving is so that when you really need money, you can get it. I don't think saving is a selfish act since you save for your future and for your family, so it won't be selfish at all.

I do not agree with the opinion that saving is selfish because they have allocated income for saving and not wasting money to spend on non-essential items, the purpose of saving for emergency needs and financial security for the future, even rich people have money and assets for savings the future because our status is not always rich and the wheel of life can change at any time when we are no longer destined to be rich.

[Lida93]

5 things you should not do with your money to get rich or advance your lives
pockets.

3. Don't always buy something that loses value

      - One of the major problems with what we spend over time is losing value or depreciating. Like you bought a phone or a car last year, but
      I'm not saying that it's not a necessity, I don't mean it like that of course. What I want to convey is that you don't always have to keep up
      with the trend, just because there is a new I phone that comes out, you will also buy such gadgets even if they are very expensive and it
      will be a bit difficult to buy it, but it turns out that you are just forcing your own so you can keep up with the trend.
      It's the same with the car because you'll need a down payment there, gas costs, maintenance, and other things that will be needed here
      because if you don't do it, you'll surely sell it at a low value
5. Don't invest suddenly

     - In my experience, I have also participated in this type of investment without thinking immediately or doing research because I was just
     carried away by the hype. It's just like the "Get rich quick" where your 1k$ will turn into 10k$ after 3 days, things like that. Just like before
     the rise of cryptocurrency projects, there were a lot of them but in the end, they turned out to be scams, but I don't blame them all
     because there are legit crypto projects and there are others that are just scams or shitcoins, this is just an example

> In this current dispensation so many people spend money on many fancy things, that the value can't stand the test of time just because they want to impress some peers, associates or fans around them. For example, you hear on the news that a certain celebrity bought a car worth $50M just because a counterpart in the industry has bought one that is worth $40M and it's trending online and so the latter feel he is losing relevance if he doesn't beat the reach.
 Why not invest such money into the lives of people around you, human capital investment is one investment that last so well and the returns are unquantifiable but unfortunately this days people chase to spend on fame that is just momentary and end up going broke when they are old and out of the competition.

> On the area of not investing suddenly, on the contrary I think there a some investment that demands you invest suddenly when the opportunity surfaces. Today there are many world richest men that are rich because they invested suddenly on an opportunity that came their way when their counterparts were procrastinating and in doubt. As long as it's not a get rich quick investment I'll always invest suddenly and wisely.
Just look at bitcoin today, in it early stage many people refused to invest suddenly when the opportunity was made to them, but those that did took their chance made it profitably high when the value pumped up to the regret of those that rejected or should I say failed to invest in it.

[franky1]

becoming rich is not just about gaining alot 0f increased income.
its also about not spending it all at the end of the day

if you get $2k a month or $200k a month.
if you spend it all.. both =$0 left

its about saving and accumulating

..
that said the funny part is those on low income are rated by how much fiat is left at the end of the month, whilst the rich make up their amount

most of the super rich that say they are billionaires or the first "trillionaire" do not actually have billions-trillions in accessible real fiat they can just withdraw and bathe in.
most are "paper" rich. where its based on their title making them responsible for companies where the companies are market cap rated as totalling billions/trillion although even those companies dont have billions-trillions to hand. where instead its just a share market cap multiply based on current share price x share supply

if you actually want to get truly rich. dont spend it all. accumulate value and keep it.
dont keep and hold something that loses value.

[fuguebtc]

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

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

Saving will not make us wealthy, but in an emergency, you will have something to get on because it is difficult to obtain an emergency loan from a bank in that time and you will also incur debt. In saving, your goal is not to become rich, since to become rich you need to have multiple sources of income. Your main purpose in saving is so that when you really need money, you can get it. I don't think saving is a selfish act since you save for your future and for your family, so it won't be selfish at all.

Well spoken. I also disagree that we get rich by saving, but saving is not selfish, the goal of saving is for life's emergencies. In life, there are always unexpected things that happen, so we always have to have a backup plan. The current crisis is the most obvious example, a lot of people are struggling financially but if someone has already prepared some savings in the past then this is where the savings come into play. It may not give you a full life, but it will help relieve the pressure on you to make money as inflation rises and commodities skyrocket.

[Yamifoud]

If we want to get rich...then stop thinking about saving and look for an opportunity to grow our money and that is to keep investing. When I say investment, it should be put in a profitable investment, not elsewhere. Many people had fail to grow their money even though they have investments and that is because they also change their lifestyle instantly.

It is supposed to be this way;
 - more investment - the same lifestyle