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Author Topic: Why do people stay poor?  (Read 3298 times)
bosede1
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March 12, 2023, 07:14:34 PM
 #21

The reason is that they keep doing the same thing without being dynamic in their dealings. Mentality too matters if they already settled into being poor they will continue to be without given room for improvement

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March 12, 2023, 08:03:48 PM
 #22

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.

Money is a very important thing for humans today, a medium of exchange to be able to buy all needs. people who have a lot of money are called rich, conversely, people who have little money are called poor. the narrowing of the meaning of rich and poor makes people fixated on money, or wealth. So, our orientation is focused on money. in fact, the definition of poor or rich can be very diverse depending on how we interpret it. So, rich or poor is very relative and cannot be determined based on one point of view. but if the definition of poverty is wealth or money, there are many factors that cause it and it all depends on each individual. also, where do you live.

But if we refer to sociology, there are two views regarding the causes of poverty. First, poverty is considered to originate from matters relating to individual cultural psychological characteristics, for example, namely being lazy or having no work ethic and entrepreneurship. second, poverty arises from structural factors. such as, lack of opportunity and competition that is too tight or not having venture capital. actually there are many more, but after all it all returns to how you interpret it. and hopefully, what I've said briefly represents what you need as an answer.

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March 12, 2023, 08:26:26 PM
 #23

I think one of the perfect reasons is being lacked financial education. Because it deals with everyone, whether you're an employed person with a good salary or someone jobless and you've got no motivation, being lack of financial education will just make you do your own stuff that you used to do even if it's unproductive. Because in my case, I'm not really good with money and even if I've got some basic thoughts about finance and how to handle money, I can still spend on worthless things when my emotion comes. So, not just all about being financial educated but also controlling your emotions towards spending habits because if you're earning that money hardly, you'll think about of the best ways to spend them and you've got a dream of coming out of the rat race.

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March 12, 2023, 08:30:21 PM
 #24

Income averages in the world is at an all time low compared to purchasing power. Which means that people work more and can buy less which is the problem. I am not saying that this is anyone fault, I think that people are doing their best to earn as much as possible but a decent livable wage is not available to most of the public. In a world with 8 billion people, and 7 billion can't earn a decent income, the problem is somewhere else than the people and that is why I do not think that we should blame them. This low income causes them to not earn enough money to get out of poverty.

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March 12, 2023, 08:48:03 PM
 #25

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.
I will start by asking you whether you are rich or not. Are you rich? If you are not then why are you poor? The truth is that, Nobody is happy or prefer to be poor but due to certain circumstances it becomes unavoidable and some people end up being poor. Although some people are naturally born to be poor and no matter how much they try they can never become rich. While some are poor due to poor planning of their life. Many fail to plan and by failing to plan, you are planning to fail.
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March 12, 2023, 09:06:53 PM
 #26

Your question is a bit strange. did people expect them to be poor in their lives of course not. no one wants this life to be poor and poor. someone must try in their life to be rich and they all have the opportunity to become rich but most of them fail to make the best use of this opportunity to build their finances to be better. the urge to live is full of plays and full of twists and turns in this life. sometimes poor people have the opportunity to change their lifestyle to become richer but there are other factors that bring them into poverty such as drug addiction, sex and gambling.

well, in the field of cryptocurrency maybe some of us have had btc in our portfolio in the buying at low price but because we couldn't wait we immediately sold without waiting for the price to reach ATH. that's the regret that always makes us poor. we must rise from this experience and look to history in the future.  I believe we have a chance to get rich.

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March 12, 2023, 09:30:49 PM
 #27

These are some reasons why people stay poor;
 - lack of motivation - they are contented with what they have today
 - laziness - there are a lot of opportunities around but they are prepared not to look at them rather than just sitting
 - mindset
 
I don't put education as a reason because we can still be rich without this as long as we work hard and find ways. In fact, running a business without education is still possible to succeed. Generally, it is really all about how we make ourselves to improve but we keep those things I've mentioned above, certainly nothing will happen to us.



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March 12, 2023, 09:49:52 PM
 #28

Simply some of us don't have that ambition in ourselves. There are many ways for becoming rich, and each way demands some sacrifice... and in the end, the question is what for!? Do we really need a lot of money to be happy and fulfilled? Running for cash that will buy dreams is a neverending game, there's always more.

I'm not poor or rich, and sometimes it's hard for me to understand why some guys are worth billions of dollars (with all their houses, yachts, etc...) while half of the world lives in poverty! In the 21st century...

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March 12, 2023, 09:56:31 PM
 #29

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 reason why people stay poor is because he failed to adapt in his current situation.  Failed to plan smartly on how to achieve his goals and failed to wok hard and smart.  Most who stay poor are the people that lack the insight, courage to take risk and are lazy.

Opportunity open to those who seek so most people that stay poor are those who are contented to be poor.

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March 12, 2023, 10:10:41 PM
 #30

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.

Do you know that some people fall in the wrong side of history? Not because they don't want to work but because they don't have the opportunity like you do. There are some people that are born with Silver spoon, not that there great grand parents were rich but because they faught it so that the new generations they will have will fall in the good side of the history but it is not every poor people that are smart enough to fight this wrong side, they don't have the mental and IQ to be smart and that is why you see family run from poor life to another one, we are not the same in this life, we are different.
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March 12, 2023, 10:42:27 PM
 #31

Being poor is not a choice or a decision people make for themselves. You have read a lot of comments here, and I know you have learned from other people's opinions, but I would like to add to what others have said. "Life is not a bed of roses nor a bed of thorns," but some challenges of life have left most people poor; some health challenges have also made some people poor today; and serious conflict has also made some people just give up on themselves. There are many factors to mention, but these are just a few. There were people who had better opportunities to get rich, but they misused them because of their moral incapabilities. If some people that are poor today were able to get some good opportunities that many have misused, they would definitely be rich. All you must know is that people don't just choose to be poor. Everyone has the desire to get rich, but doing what comes after it is what matters.

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March 12, 2023, 10:47:57 PM
 #32

Being poor is not a choice or a decision people make for themselves. You have read a lot of comments here, and I know you have learned from other people's opinions, but I would like to add to what others have said. "Life is not a bed of roses nor a bed of thorns," but some challenges of life have left most people poor; some health challenges have also made some people poor today; and serious conflict has also made some people just give up on themselves. There are many factors to mention, but these are just a few. There were people who had better opportunities to get rich, but they misused them because of their moral incapabilities. If some people that are poor today were able to get some good opportunities that many have misused, they would definitely be rich. All you must know is that people don't just choose to be poor. Everyone has the desire to get rich, but doing what comes after it is what matters.

who would have like to be poor and not get what they desire in life? most have their limitations in life, like for example their education, skills or capabilities to earn for themselves. as you said, there are many factors involve why people are in their current condition.
but remember, not all people want to get rich but only to live comfortably, without debt, no mortgages, can eat decently, living under a roof. but for some who stayed poor, definitely they have their reasons why they couldn't uplift their status in life.

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March 12, 2023, 11:32:17 PM
 #33

well escaping poverty is difficult for sure, but there's certainly chance and one of them is through education, if you're quite poor enough you can always save up some small money, or get some kind of scholarship to get better education then you could start from there, of course it's not gonna be that easy, you're more likely gonna put a lot of effort, even triple as much as other people in your same age, but that's what it takes to turn your life around.
otherwise if one don't put that much effort, then get ready to hardly escape any poverty because putting your economy in better state isn't some simple achievements, there are also the fact that many times, people that could escape poverty are depending on pure luck and also through some connection that they happen to have so they could have better working place and better salary.
but at the end, the main reason majority stays poor because poverty will keeps bringing you down, the money you earned just gonna get drained by your basic needs since the salary isn't so significant anyways.

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March 12, 2023, 11:59:34 PM
 #34

People stay poor out of mismanagement as well as spending without any calculation. Based on what's been earned we need to plan our spending. With poor people they spend beyond their ability and stays poor. To reach the next levels of life it is the person who needs to take necessary measures as well as educate on managing the funds in a better way.

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March 13, 2023, 01:52:35 AM
 #35

These are some reasons why people stay poor;
 - lack of motivation - they are contented with what they have today
 - laziness - there are a lot of opportunities around but they are prepared not to look at them rather than just sitting
 - mindset
 
I don't put education as a reason because we can still be rich without this as long as we work hard and find ways. In fact, running a business without education is still possible to succeed. Generally, it is really all about how we make ourselves to improve but we keep those things I've mentioned above, certainly nothing will happen to us.
Good point, some people are not motivated to fulfill their dreams and they don't work hard to achieve those goals to improve economic factors, so laziness triggers people to not try to change their life.

The education factor is not a barrier for anyone to become rich and I have seen the fact in my environment that people with high school education can also be successful after they work hard for their future.

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March 13, 2023, 02:20:28 AM
 #36

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.

There are many factors, and each person will have a unique situation, it is difficult to have an exact answer to this type of question. But I believe that no one in this world does not want to become rich, we all live and try to do everything just because we want to have a lot of money and have a life without worrying about money.

But I think you don't need to ask this question. Are you rich yet? If not, why aren't you rich? And how are your loved ones? If you can answer these questions, you will have the answer to your question.

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March 13, 2023, 03:12:43 AM
 #37

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.
you must explain the detail here because no one wants to gets poor. if you mean the step, may be true, because not many people have the knowledge to realize how to get rich, Like bitcoin, if someone understand how the price goes move up and down, I believe they will will start entering today and just wait a time about 1 year from now to get rich.
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March 13, 2023, 04:00:05 AM
 #38

Many are scared to embrace the opportunity that will bring favour to them in future, that made them to remain poor in the society were people don't respect them because they don't want to eliminate poverty from their home. Such people see cryptocurrency investment as a scam investment, which is not true just that they don't have knowledge about the cryptocurrency investment and they are not ready to learn to become a great man in future. Now that the price of Bitcoin is low in the bearish market, which is an advantage for traders to buy and hold until the price increase higher before they can sell to make a passive incomes but there are some traders who will not buy now but they will regret it later when the price is high in the market.

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March 13, 2023, 04:17:10 AM
 #39

There's no person around the world doesn't want  to be rich but most of those successful people will say anyone could be rich it is just that we have found what type or niche that we can be rich  also one of the reasons why people dont get rich is that they are lazy and scared of taking risk and want just to stay in comfort zone. Poor people like us is really struggling day to day which we dont have any extra money to spend on investment or like putting up business but if we are jud going to hardwork and dont surrender wealth will be coming to us along the way
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March 13, 2023, 04:46:35 AM
 #40

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.
are you rich? if yes then you can answer this? are you poor? then you can also answer this?


who wanted to stay poor? no one i can say.

but the problem is that many does not wanted to gamble taking the opportunity , meaning many are afraid of losing and that made them stay in their level while others are risk taker , or researcher that they wanted to explore life more than how this can give them directly .

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