Reason why you will never become rich

[doomloop]

Changing one's position is not the most important thing, living well with family is a very important thing. Money is not permanent, you have a lot of money right now, you may not have that money at some point, so it is never right to avoid family responsibilities just to increase money.

Having family obligations can be balanced with your daily life. The best way to support the family is not just about giving money but to offer real help to train members of the family to be independent and self reliant because money will finish some day or may not continue flowing like you said, so if you have succeeded in taking part of the family out of poverty earlier enough, when the money stop coming, you can also get a helping hand. Life is a circle and we have to move with it.

That is a possibility but only if your family members have enough education to be able to learn digital skills or be able to learn about any other skill that can help them get a job somewhere or at least start a business of their own but that will again require ample investment which they won't have initially. Also, if your family members consist only of females, then you don't really have that choice of making them financially independent because a lot of people wouldn't want their females to go out and work, I know it's a conservative thought but it does happen a lot.

Also, things like these only happen when you don't earn enough to feed both your own family which is your wife and children, and your other family which is your parents, grandparents, and siblings. If you earn a lot of money, you shouldn't have any issues feeding them as well.

[Ultegra134]

How much ownership is worth someone who is considered rich?
In my own area, the criteria for (so to speak) rich people are in the lowest strata:

• People have no debts.
• Able to maintain his family life.

The thing is wealth is a relative thinking, I personally will take this simply. If I can enjoy what I produce as I desire, that is true wealth. Today many people are rich materially but they are actually attached.

Correct; the concept of wealth is perceived differently by each individual. Who said that I wanted to be rich myself? I don't understand why the OP is indirectly implying that everyone's goal here is to obtain wealth and become rich. There is numerous evidence through statistical analysis that shows that there's a balance between happiness and how much money you earn; for the U.S., it was approximately $70,000 if I remember correctly.

Personally, I'd be satisfied if I made enough money to be independent and live comfortably, and by comfortably, I mean being able to not worry about making ends meet and saving enough to fulfill my wishes.

[Wakate]

Getting rich is a decision we need to make by ourselves and also work by it. Becoming wealthy is a meter of decision making and going closer to people that have good business ideas so that we can improve our business knowledge. The friends we keep is also an important part we need to play to be wealthy. When we associates ourselves with people that are wealthy, there is high tendency that we might gain some business ideas from them to create a profitable business that will give us good profits.

[Aanuoluwatofunmi]

Getting rich is a decision we need to make by ourselves and also work by it. Becoming wealthy is a meter of decision making and going closer to people that have good business ideas so that we can improve our business knowledge. The friends we keep is also an important part we need to play to be wealthy. When we associates ourselves with people that are wealthy, there is high tendency that we might gain some business ideas from them to create a profitable business that will give us good profits.

There are many things to consider which might have resulted to why some people are not rich and may not get rich unless they make some changes to those things, part of which is what you've mentioned, friends is one of the reasons why some cannot get rich except they discover such and learn to stand alone without working on friends decisions and influence, another thing is addiction, there are things we get addicted to which cannot make us get rich no matter what because the rich mentality doesn't work along with doing those things

[Fivestar4everMVP]

(US based opinion)

Marriage  / Divorce and children were horrible to my finances. Marriage is of little to no value here and mostly serves the woman as a means. Then you work hard and become boring and she runs off with a Chad or Tyrone and you flip the bill and lose over half your assets. Heck the court can make you pay her atty to sue you!

Don't get married, don't have kids. There is no need on this planet for more people and having kids is just a societal pressure. If you change your mind just pick any single mother with 3 kids from 5 different dads and pay her bills and trash your time off.

Be single, have wonderful girlfriends and when they stall out move on. Travel the world, scuba dive, fly airplanes, ride motorcycles and keep everything you worked for.

You made good points but I think this is very subjective. I know a lot of rich people who are in a good loving marriage and family. I think it is still more on the perspective of an individual. If you can handle your finances well and smartly, having a family should not be a problem. You cannot force people to not get married cause you believe every outcome will be the same.

Cant agree more with you, the comment is indeed interesting and i can feel the honesty in it, as a married man myself, and also not being married to the perfect woman, i perfectly understand things from the angle he's coming from, but then, that can not change what have been ordained to be and last forever, make all the money in the world, without you being married and having your own kids, your life will still be full of emptiness, something will always be missing in your life, think about when we get old, and can no longer walk, and maybe cant see properly too, whos child are we going to adopt to come look after us?

No marriage any where is perfect, all it takes is both saying "lets make this work no matter how hard it is", this is why in the same US, and like you've mentioned, there are a lot of wealthy men, married, with kids, and living a happy life knowing that when they die, their wealth will not be thrown to the street for just anyone to pick up, but they already have children who will take over their wealth as well as legacy .. Did the Holy book say that a prudent man, that is a wise man leaveth inheritance for his children, children children and even great grand children?

[Fredomago]

Getting rich is a decision we need to make by ourselves and also work by it. Becoming wealthy is a meter of decision making and going closer to people that have good business ideas so that we can improve our business knowledge. The friends we keep is also an important part we need to play to be wealthy. When we associates ourselves with people that are wealthy, there is high tendency that we might gain some business ideas from them to create a profitable business that will give us good profits.

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

[Rockstarguy]

Getting rich is a decision we need to make by ourselves and also work by it. Becoming wealthy is a meter of decision making and going closer to people that have good business ideas so that we can improve our business knowledge. The friends we keep is also an important part we need to play to be wealthy. When we associates ourselves with people that are wealthy, there is high tendency that we might gain some business ideas from them to create a profitable business that will give us good profits.

There are many things to consider which might have resulted to why some people are not rich and may not get rich unless they make some changes to those things, part of which is what you've mentioned, friends is one of the reasons why some cannot get rich except they discover such and learn to stand alone without working on friends decisions and influence, another thing is addiction, there are things we get addicted to which cannot make us get rich no matter what because the rich mentality doesn't work along with doing those things

Not as easy of making rich friends the way you think, the only way of making rich friends is either you ate rich only or you are succeeding in what you ate doing. If you are struggling trying to come up I don't think all your  circles of Friends will be rich, you only become rich first before having rich friends. On the journey of becoming rich it is just important to have friends that can enfluence your growth positively to become rich. If having rich friends is the shortcut of becoming rich poor people would have made friends with rich people to become rich. Becoming rich involves so many things like good planning, working hard and surrounding yourself with people that can play good role to greatness.

[Smartvirus]

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

On the point where you mentioned that, becoming rich isn’t something for everyone; I am wondering why the hell not! Like is there an under written rule that forbids certain people or group from being any rich? Surely, I question the existence of any but, over time I’ve also heard of people who seem to have sort out for wealth haven’t tried several means and often ends up failing. Even the once rich once goes broke and poor at times. They had all the experience to run a business and did great but, all of a sudden, they find themselves failing in business.

On this, you start to hear fray and diabolical things that could relate. I for one don’t do much believe there could turn any effect from these unseen forces but, could it actually be a course to some bad business or investment choices.

[Hamphser]

(US based opinion)

Marriage  / Divorce and children were horrible to my finances. Marriage is of little to no value here and mostly serves the woman as a means. Then you work hard and become boring and she runs off with a Chad or Tyrone and you flip the bill and lose over half your assets. Heck the court can make you pay her atty to sue you!

Don't get married, don't have kids. There is no need on this planet for more people and having kids is just a societal pressure. If you change your mind just pick any single mother with 3 kids from 5 different dads and pay her bills and trash your time off.

Be single, have wonderful girlfriends and when they stall out move on. Travel the world, scuba dive, fly airplanes, ride motorcycles and keep everything you worked for.

You made good points but I think this is very subjective. I know a lot of rich people who are in a good loving marriage and family. I think it is still more on the perspective of an individual. If you can handle your finances well and smartly, having a family should not be a problem. You cannot force people to not get married cause you believe every outcome will be the same.

Cant agree more with you, the comment is indeed interesting and i can feel the honesty in it, as a married man myself, and also not being married to the perfect woman, i perfectly understand things from the angle he's coming from, but then, that can not change what have been ordained to be and last forever, make all the money in the world, without you being married and having your own kids, your life will still be full of emptiness, something will always be missing in your life, think about when we get old, and can no longer walk, and maybe cant see properly too, whos child are we going to adopt to come look after us?

No marriage any where is perfect, all it takes is both saying "lets make this work no matter how hard it is", this is why in the same US, and like you've mentioned, there are a lot of wealthy men, married, with kids, and living a happy life knowing that when they die, their wealth will not be thrown to the street for just anyone to pick up, but they already have children who will take over their wealth as well as legacy .. Did the Holy book say that a prudent man, that is a wise man leaveth inheritance for his children, children children and even great grand children?

We cant really make out some judgment into those people who are really that having the plans on having no family on which they would really be definitely knows and aware about those conditions or situations on the time that they would get old on which there would be no one would be inheriting all of the money that they worked hard for but well its their own choice to make but in general sense which it is really that hard if you dont have family. Yes, you do have the richness but the feeling of contentment wont really be there because you are really that having able to spend your money on something. We know that love cant be bought
and this is why when it comes to materials in the world then you would be finding yourself that capable on buying everything but not all would really be able for you to do so.

We do have different decisions in life on which there might be some decisions which do really look like good but there would be always criticisms.

[Sayeds56]

There are number of reasons why some people never get rich or achieve significant wealth. These factors include, socioeconomic back ground, lack of education and skills, no investment knowledge, but the main factor that determines the success or failure in our lives is mindset and beliefs. It is crucial to cultivate positive attitude towards the challenges we face in our daily life. By doing so we can transform hardship into opportunities and reap the benefits they offer including building wealth and prosperity.

[lienfaye]

The first reason why you can never be rich is too much  responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated.

It's quite normal to help our family. However if your siblings (and other members) are already grown up, can work on their own, then it's time to remove yourself in the picture as their breadwinner. Because if you don't change what they used to, you can't focus on yourself since you're always connected to your family even they're not your responsibility. It's good to help but let them learn how to earn by working hard so they can feed themselves.

Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.

A person with a goal of becoming rich knows how to manage his finances and aware what things are worthy to buy. Saving and investing are part of the process, the result depends how determine and wise you are to know when to spend, save and invest.

[dothebeats]

There are number of reasons why some people never get rich or achieve significant wealth. These factors include, socioeconomic back ground, lack of education and skills, no investment knowledge, but the main factor that determines the success or failure in our lives is mindset and beliefs. It is crucial to cultivate positive attitude towards the challenges we face in our daily life. By doing so we can transform hardship into opportunities and reap the benefits they offer including building wealth and prosperity.

I like how you are able to point out what OP failed to include in their post. It is the reality, it is within ourselves. We need to grow and learn, which means going through obstacles in life and learning from it despite the outside factors that are affecting our financial status. Yes, there are various aspects that are influencing  the rise and fall of our financial journey but if you do not do anything about it and not find a way around it then that is when you know you'll never get rich.

[Ayers]

There are number of reasons why some people never get rich or achieve significant wealth. These factors include, socioeconomic back ground, lack of education and skills, no investment knowledge, but the main factor that determines the success or failure in our lives is mindset and beliefs. It is crucial to cultivate positive attitude towards the challenges we face in our daily life. By doing so we can transform hardship into opportunities and reap the benefits they offer including building wealth and prosperity.

I like how you are able to point out what OP failed to include in their post. It is the reality, it is within ourselves. We need to grow and learn, which means going through obstacles in life and learning from it despite the outside factors that are affecting our financial status. Yes, there are various aspects that are influencing  the rise and fall of our financial journey but if you do not do anything about it and not find a way around it then that is when you know you'll never get rich.

In fact, to succeed and become rich requires a lot of factors combined and in the journey to find that wealth, there will also be many challenges. Each person will have a different situation, so there will be different challenges, no one is the same, but there is a common formula to overcome all that is never to give up or stop every time you stumble.
As we grow up, there will be hundreds of problems to worry about and deal with in life, but if we don't give in to the difficulties, face all the challenges and find a way to solve them, we will be rewarded one day. Don't just blame others when we have difficulty or failure, instead, find a way to overcome it.

[Alpha Marine]

I don't agree with this, your first point at least.
If you're talking about extended family and distant family members then I might understand, but if you're including your immediate family, your brothers, sisters, cousins, nephews, and nieces close to you, then I don't agree.
Sitting by and watching your "loved ones" suffer for something you can help them with is on a different level of selfishness. "
What's the point of the bread if my niggas can't eat". That's what J. Cole said in "Middle Child". If you can't help out with the little you have you most certainly can't help with your millions of dollars. If everybody in the world waited till they were financially stable before they could help people out then there will be very little help in this world.

They don't have to be dependent on you. Nah, that's not what I meant, but you should be able to help them out every once in a while when they need help that you can give. And it doesn't have to be just your family members, your friends too.
If a close friend of yours is in need, help him out my man, provided you can provide that help.

People always want others to make sacrifices for them, but nobody's willing to make sacrifices for others. We can't keep leaving like that. I'm yet to see a wealthy man that said the reason he's rich today is because he cut his family off.
People like you are the people that will complain if a rich person doesn't give back to the community.

[Fredomago]

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

On the point where you mentioned that, becoming rich isn’t something for everyone; I am wondering why the hell not! Like is there an under written rule that forbids certain people or group from being any rich? Surely, I question the existence of any but, over time I’ve also heard of people who seem to have sort out for wealth haven’t tried several means and often ends up failing. Even the once rich once goes broke and poor at times. They had all the experience to run a business and did great but, all of a sudden, they find themselves failing in business.

On this, you start to hear fray and diabolical things that could relate. I for one don’t do much believe there could turn any effect from these unseen forces but, could it actually be a course to some bad business or investment choices.

Sorry for that, it should have something that on my own point of view, and not in general, like what you have said there's no written rules in terms of anyone who can attain that luxurious life, just on my own interpretation that becoming rich is not for everyone. Thank you for pointing at that one.

On point, the wrong choice of business or investment affects you financially. Failing means losing your money that reflects to your financial capabilities.

[Dr.Bitcoin_Strange]

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

I agree with your opinion, @Fredomago. Despite the fact that luck is not the only thing that makes people rich, we know that hard work, decision-making, determination, persistence, and passion are all drives to success, just like you said. Some people take advice from the wrong person, which is why they don't also make progress along the way. Like you said, if one attaches himself or herself to someone who has already achieved success, there's likely a possibility that they can learn from the person and gain some good will from the person. Example: If someone who runs a milk production company is going to take advice from someone who has no experience in milk production, obviously he might not get the best advice from the person.

[serjent05]

Yes, incorporate yourself to people who are good in doing business can help you to establish yours, with so many factors that can affect you to become wealthy you need some fresh ideas from people who already doing it in advance, I mean people who already find their ways to succeed, it's not a guarantee but with basic ideas you will be able to adjust yourself and find one that fits with your personality.

Becoming rich is not for everyone, either with determination and hard work or some sort of luck that backs you up, yo'll be able to find that way if you are keen and you are doing your best to succeed.

I agree with your opinion, @Fredomago. Despite the fact that luck is not the only thing that makes people rich, we know that hard work, decision-making, determination, persistence, and passion are all drives to success, just like you said. Some people take advice from the wrong person, which is why they don't also make progress along the way. Like you said, if one attaches himself or herself to someone who has already achieved success, there's likely a possibility that they can learn from the person and gain some good will from the person. Example: If someone who runs a milk production company is going to take advice from someone who has no experience in milk production, obviously he might not get the best advice from the person.

Luck is the wild card that makes things easier.  But without luck, I also agree that there are more factors that can contribute to one success.  This factor is the more sure ball thing than relying on luck.  Factors like being knowledgeable, passionate, smart, hardworking, contacts, and people and financial management can outperform luck in terms of securing wealth during our business and getting rich endeavors.

[Ahli38]

For me, family is the trigger and driving force for my enthusiasm in building my finances in a better direction. I have fallen and my family is still beside me. And then now I have returned to be better financially and all of that also thanks to the moral and emotional support from my family. Who continues to support me and help me in everything. Be it material or emotional. And I don't like to think of a family as a burden. But I prefer to think of my family as my motivation to work harder and get better and better.

And don't worry, because our families also have their own businesses. So that we don't need to feel too responsible for everything about the family. But we must always be there for our families when they need us. Because they will also be there for us when we need them.

The most important thing that we must fight against in order to become rich is to avoid being lazy and wasting time. namely in a way we must always make the best use of time. Be productive all the time and manage your finances well. Keep prioritizing primary needs and only buying secondary needs within certain limits.

I also agree that saving will not make us rich. And it is true that it is investment that can grow our wealth and make us rich. It's just that what we need to underline here is that we have to invest in fields that we are good at and we have seen the potential and risks well. Don't just rely on speculation without fundamentals. We still have to look at the fundamentals and then the potential.

[erep]

snip
Some people take advice from the wrong person, which is why they don't also make progress along the way. Like you said, if one attaches himself or herself to someone who has already achieved success, there's likely a possibility that they can learn from the person and gain some good will from the person. Example: If someone who runs a milk production company is going to take advice from someone who has no experience in milk production, obviously he might not get the best advice from the person.

I agree with your points of explanation, we often hear the term "experience is the best teacher for success" meaning that personal experience or other people's experience will move the steps towards success, so we must seek work experience according to expertise or discuss your expertise with experienced people then they will suggest some steps based on their previous business building experience. However, if we want to get rich from trading or investing in crypto then look for people who have experience with good analysis skills on the potential of the crypto market, we must prioritize someone who analyzes top coins and they have steps to minimize the risk of loss.

[lizarder]

The second reason why you can never become rich is not knowing how to use money. There are several ways money can be use :  spending,  savings,  and investing.  Many of us already know about spending and even when we spend we spend on things that are not really needed but just to impress people who don't care about you.

The different language placement of the two examples we are trying to discuss can prevent someone from getting richer. So what if people don't have money to allocate to savings, investments or running a business? These are two different and very foolish examples when people with more financial means are unable to allocate their money towards investments, savings or business.

Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.  

I agree with the point of the value of money that we have in five years, when the money is saved and even though it is not used it is also unproductive because its value does not change or it may decrease. It's different when the money is used for investments that can maintain the value of the currency or try to develop a business that can be developed, this is where the ability to recognize a good investment or make a review of the business you want to run.