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Author Topic: Why do people stay poor?  (Read 3277 times)
Despairo
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March 13, 2023, 01:02:38 PM
 #61

Because poor people want to looks rich even though they're not rich, that's make them stay in poor since they're spend more money for unimportant thing. Poor people can become rich if they're start being simple and not spend a lot money for nothing, just focus on the business and how to protect your wealth. After few decades you can become rich with all of your effort and time you invested when you're still young.
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Cryptomiles1
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March 13, 2023, 01:05:58 PM
 #62

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.

Snip

and also the world must not have all rich people because who will serve as labor if all the people are rich?
i mean we must have a lower tier so there must be a master and there will be a servant and this is how the world must go mate, this is how it works and must be in the community.
there is no wrong to be born as poor but staying poor till you die is a thing that can be blame for someone who does not push to become at least richer from what he had since birth.

From the day anyone is being born to the world you or your parents decides either to be poor or rich but as a matter of fact being rich is of destiny. Anyone who is not destined to get rich would just be wallowing and shambling and even if such person gets rich it might not be compared with those who are characterized to be rich in life.
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March 13, 2023, 01:26:53 PM
 #63

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
The majority of people in this world certainly want a comfortable life and are supported with all luxurious facilities. To get rich takes time and effort, although there are several instant ways to get rich in an instant but all of them need luck to achieve it.
The key is to keep trying and always be consistent in working hard to achieve the desired life goals. Anyone can achieve wealth as long as they are willing to work, try, and never give up in all circumstances. I believe "nothing is impossible in this world", the wheel of life will continue to turn, as long as you try you will always be able to meet your needs and routine expenses every month and the rest is saved or invested in a place that can provide benefits for the future.

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March 13, 2023, 01:27:41 PM
 #64

people are still poor maybe because their knowledge about managing money is minimal, so they cannot know it due to several factors, one of which is the environment.
because they will be in the area.So they will be difficult to develop.

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March 13, 2023, 01:28:50 PM
 #65

People are poor because they don't have a rich mindset, there are lots of cases where poor people become rich because their profession makes money such as athletes, actors, singers and others when in their heyday they get rich and live in luxury but after a few years he was getting old and no one was working for him anymore, then he faced financial difficulties until they were no longer able to make money and fell into poverty again as before.
The most difficult thing is to maintain wealth in fact, it's the same when a poor person gets money and can't manage it to get the money back but du use it for temporary happiness.
people will remain poor if they are unable to manage money even though they have been rich.
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March 13, 2023, 01:33:54 PM
 #66

I mean, who doesn't want to be wealthy? Everyone desires a comfortable lifestyle and the ability to purchase the things they desire. Many conditions and situations exist that prevent the poor from having the chance to become wealthy, and since other members have already mentioned these, I am confident you are aware of them.
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March 13, 2023, 02:14:39 PM
 #67

people are still poor maybe because their knowledge about managing money is minimal, so they cannot know it due to several factors, one of which is the environment.
because they will be in the area.So they will be difficult to develop.
well, that's true, it all depends on the mindset about financial management and financial literacy, our own mindset as well as that of the surrounding environment, because it's a bit difficult if the environment has a different mindset than us, so it takes more effort. But that doesn't mean blaming the environment, there must be a will from oneself to change and be better.
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March 13, 2023, 02:22:10 PM
 #68

We cannot choose to be born poor or rich, but when we are born poor it doesn't mean we don't have the opportunity to become rich. How to make that happen, yes, by trying and not just sitting idly by while waiting for a miracle to come, that's a ridiculous thing. The process will not be easy, it must be very difficult, but while we try, there is no impossible word. Yes, I understand that fate says otherwise, but that doesn't mean we stop trying, because life is really about trying to be able to live as well as possible, be it in terms of the economy or anything else.
Everything depends on us, a civilized society gives us the opportunity to choose, we can live in such a way that we have enough for food and housing, or we can strive for more.

It may also depend on whether you live alone or if you already have a family, because if you live not only for yourself, then this can motivate you to achieve a better standard of living. In addition, doing business or making investments is something that requires knowledge and skills, so you need to come to this. And if a person cannot find any motivation, then he will remain at the same level.
This is such a western approach, first of all there are two things wrong with this and we need to tackle them one by one. You are looking at an individualist approach, which means that even if it was possible for people to work hard and get rich and the proof is just some people did it, then even in that case if some other people don't work hard, they won't be living a good life and they should starve and be homeless?

There is no logic behind being ok with your citizens to starve just because they didn't work hard, that's cruel and horrible idea. Secondly, as mentioned before, there isn't enough money to go around for everyone, it is just not enough, and the gap is growing bigger, which means that this work hard and earn option is not available for everyone, even if you work hard, some people will have to not earn enough, that's just how the math works.

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March 13, 2023, 02:47:15 PM
 #69

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
Absolutely everyone cannot become rich.Unfortunately the world is so arranged that someone is poor, someone is rich but there is also a middle class.Much depends on the person himself, in what habitat he is, how much he studied, how much he worked,and so on.there is a factor of luck but it is not at all big and you should not count on it as the main tool for improving your life.Absolutely everything depends only on the person himself and his ambitions.
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March 13, 2023, 02:54:45 PM
 #70

There are several reason why people stay poor. One of the reason is sandwich generation. This problem is often to be seen in third world country. Parents cant afford all of their family members because the only income is from parents. After the son/daughter get a job now its their turn to afford the family. This circle is never end so thats poor came from.

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March 13, 2023, 03:17:33 PM
 #71

You know the truth is that there are as many people who choose to remain poor, although their mouths only say that they want to advance but they don't want to make a way for them to advance.

These are the real events why there are so many poor people all around the world in this age.



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March 13, 2023, 03:33:27 PM
 #72

There are several reason why people stay poor. One of the reason is sandwich generation. This problem is often to be seen in third world country. Parents cant afford all of their family members because the only income is from parents. After the son/daughter get a job now its their turn to afford the family. This circle is never end so thats poor came from.
A good education can actually play a role in alleviating poverty, because a good education can change the mindset of the poor who had surrendered to a mindset to move forward, besides having a greater chance of getting a job.

But what else can we do, there is a lot of education in the country, let alone the state government, which has a lot of corruption. Actually, this is the government's effort by providing scholarships, budgeting for educational facilities, strict teacher recruitment selection so that the output is of high quality.
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March 13, 2023, 04:04:24 PM
 #73

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.

That is a strange question, as do you think there would be anyone who have the opportunity to become rich and still want to remain poor ?
I guess, NO.

Yeah, there are lazy people in this world who do not have any skill and do not work hard and therefore remain poor. I would like to talk with regards to crypto trading. For example, there may be people who have a reasonably good capital and portfolio, but they still remain poor because they do not focus on learning trading.

There are endless examples where people got the opportunity but due to their lack of commitment and hard work, they are unable to get success.

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mvdheuvel1983
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March 13, 2023, 04:19:16 PM
 #74

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
This is an interesting question that I have always pondered on. But the real question should be, What does it mean to be poor? If you measure people's economic status by your own subjective definition it will be biased. Some people do not just want more. They are contended with what they have- material and Familia resources.
They live in a small apartment, do not own a car or fanciful things. They do not consider themselves poor because they consume whatever they grow and do not care for the other vanities of life. They are happy. These people are not poor. They are happy and living life on their terms.

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March 13, 2023, 04:31:54 PM
 #75

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.

They don't "always stay poor" but then opportunity can vary hugely between different countries. If you are born poor in India for example, because the population is so huge it pushes wages down and the education system might not see children taught until the higher ages you might find in countries in Europe. These are barriers or difficulties that mean poorer families do often get trapped in this cycle for generations. However if you are born in places like America, Europe, Australia, etc. where the education system is more thorough then people have a much greater chance of working their way out of poorer conditions - but it's still tough because you often learn a lot from your family who may have some bad financial habits.

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March 13, 2023, 04:38:59 PM
 #76

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
The reasons some people remain poor are very many, but the are results of two factors, the external factors and the internal factors.

The external factors may be that they actually have no good opportunity to get rich, and no privileges'.
The internal factors are Laziness, and a no concerned attitude about getting better financially, a bad financial habit.

 If you are comfortable with being poor, you will remain poor.

The most limiting factor of the two is the internal factors, because even with the external factors, some people have still found ways to overcome and move into another financial level. If the effect also of the external factors are less and the internal factors are greater, a poor person will remain poor.

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visionE2
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March 13, 2023, 06:45:42 PM
Merited by fillippone (2)
 #77

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
The Reasons Why People Still Remain Poor. Because the Mindset to get out of poverty is not implemented. The key to getting out of poverty is education is the ingredients, the foster parent movement is the support system. I think this is because they don't plan what they want to become in the future. Supposedly they have to implement like below.
1. Financial Goals
-Short-term
-Long-term
-Roadmap to achieve it
2. How to manage money
- spend money according to the budget / needs
3. Avoid debt / spending money that can not be owned
4. Understand productive debt and consumer debt
5. Keeping excess spending in check
6. Look for side jobs
-Saving and investing
-Just start with existing skills
7. Invest in different places
8. Add skills according to the hobby you like

Being rich is not mandatory, but trying to be rich is mandatory.
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March 13, 2023, 06:57:39 PM
 #78

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
One of the major factor of why some people stay poor could be attributed to the poor management of resources at there home country particularly in country where their leaders are corrupt due to embezzlement of funds that will make a lot of poor people to become rich unfortunately fell into few hands, funds can be allocated for massive infrastructural development which can be contracted to people who will execute those projects in the process become rich or dispose to people in form of loans for investment which in turn would yield massive profits for the investors is another way of becoming rich.

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March 13, 2023, 06:58:33 PM
 #79

I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
Who doesnt really want to get themselves being rich or have those hopes or likes or plans on getting rich or improve out their lviing? None right?
It is really just that these people cant able to do so due to several factors.

1. Lack of financial capacity on starting up an investment
2. Lack of knowledge
3. Just been contented on where they are
4. Doesnt really see out potential oppprtunities

If you are an individual on whose do have these kind of hindrances then its not really that shocking on why you are still that poor.

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March 13, 2023, 07:13:07 PM
 #80

One of the major factor of why some people stay poor could be attributed to the poor management of resources at there home country particularly in country where their leaders are corrupt due to embezzlement of funds that will make a lot of poor people to become rich unfortunately fell into few hands, funds can be allocated for massive infrastructural development which can be contracted to people who will execute those projects in the process become rich or dispose to people in form of loans for investment which in turn would yield massive profits for the investors is another way of becoming rich.
I agree with your statement, the country has abundant natural resources and agricultural products, especially in tropical parts of the country, but because of bad management and officials who only enrich themselves by taking advantage of positions in government, they make rules and do not care about the impact on society. The saddest thing is that they have failed to prosper the people and demand that the people pay taxes on time, so the poverty factor is also influenced by the impact of the government because they do not create jobs and there are no welfare programs for the people, they also corrupt social assistance funds which should be distributed to the people.

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