Reason why you will never become rich

[Gulttam2a2]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

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.

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.

Those who are rich must have families. Can anyone succeed without the help of family?  Everyone has a little problem in the family. There are many ways to become rich. You have to try to keep accounts properly otherwise you will not get success in life. I have seen many rich people who are very money wise. You should always use your intelligence because if you get rich with one thing you will fail. You should always keep your intelligence straight so that you can come up with something new in the future. No one should ever be looked down upon. Expenditure should be reduced from income. You must be diligent. You must not only work hard,but you must have intelligence. You must always show intelligence. For example,a lion in the forest sleeps for 18 hours and a donkey works for 18 hours. Finally the lion is the king of the forest,so I would say that instead of being wise like a donkey,be wise like a lion. I agree with you that investing is the main way to get rich. But investing at once becomes dangerous. If you invest little by little,you will get success in life.

[Inwestour]

That's the main point why so many people are struggling today, using our income for consumption and not investing. Saving is good as long as its don't properly and with a goal. In case we save money today only to use it for unnecessary purchases next month or next year it was a bad investment. We need to have a longterm plan for our savings and not give into short-term desires to spend our savings. The main argument for investing our money is that high inflation will make the normal savings account a wealth trap. Even though we might get 2-3% risk free interest, the value is declining with inflation rates at 6-9%. The best approach to saving and investing in my opinion is to only take out interest and profit, but never touch the initial investments. Like that we make sure our investment keep working for us and we can enjoy the rewards for many years to come.

If there were investments that could last forever, that would be great, but we often have to adjust our investments so that they bring optimal returns.

If you focus on a yield of 2% - 3%, then the average person will never become rich, this is impossible due to high inflation. Probably even a 10% yield will not be very successful, or it will take a lot of years for this and the investor will become wealthy only in old age, and this is taking into account the fact that the investment will be successful in the long run.

Achieving wealth is not easy, it requires taking certain risks, using more risky investments and investing more than you can afford to lose. That is why not many people agree to this, but no one said that it would be easy.

[Oasisman]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

This one is easier said than done. When you try to employ your family member to your closest connections, that is where conflicts between this connections will start. Because, you will going to have a hard time weighting things out on who's side your going to take when misunderstandings between them arises. It's always better to keep your family member away from company that is closely related to you.
Also, if you come from a country that puts his family first over anything else, you'll probably going to understand why we always choose not to be rich than abandoning our own blood.

[isaac_clarke22]

Those who are rich must have families. Can anyone succeed without the help of family?  Everyone has a little problem in the family. There are many ways to become rich. You have to try to keep accounts properly otherwise you will not get success in life. I have seen many rich people who are very money wise. You should always use your intelligence because if you get rich with one thing you will fail. You should always keep your intelligence straight so that you can come up with something new in the future. No one should ever be looked down upon. Expenditure should be reduced from income. You must be diligent. You must not only work hard,but you must have intelligence. You must always show intelligence. For example,a lion in the forest sleeps for 18 hours and a donkey works for 18 hours. Finally the lion is the king of the forest,so I would say that instead of being wise like a donkey,be wise like a lion. I agree with you that investing is the main way to get rich. But investing at once becomes dangerous. If you invest little by little,you will get success in life.

Families could either make your wealth worse or the opposite depending on what kind of family you were born at and hell this is where the that luck comes into place. It kinda sucks for some other people that their money gets pulled down the drain just because their money milks the crap out of their ATM balance.

How come can we prove that those rich people around the internet are "money wise"?  That's at least what they could claim, but I call BS on that one. Being intelligent alone, depending on how you interpret what "intelligent" means, won't just generate money for you. It's a good headstart, since you'll likely land in a well-paid job, but that alone in the long-term isn't just going to cut it.

[flyingcarpet]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

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.

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.

The first reason may vary from person to person. It all depends on the family structure and the ability of that person to find a job. If he is an old person and cannot find a job, this item disappears. We must always support our family. This is not an obligation, it is a condition of being a family member.

For the second reason you are correct. We need to make the best use of money. Among the many methods, the most effective is investing.

And most importantly, saving may be important for emergencies, but investing is important for our future.

[Joshapat]

I think the second reason that most people experience and myself included, when I feel a lot of money then I think about doing things that I like like changing cars, traveling abroad and even buying things that are not important like household furniture that doesn't deserve to be replaced.

[KiaKia]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

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.

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.

Don't say no to helping people, stay in between, because you might decide to stay away from your family thinking they will be the cause of your downfall and in the end you will still remain poor, help with what you can and do not overdo it.

Let them know that they also need to struggle, if you are asked for a 100 you can give them 30 and tell them that they don't need to pay you back, that's all you can afford, think trick makes some stay away from me because they feel it's wrong asking me for help.

Not helping won't get you rich either, this is my main point to you, and the hand that giveth always find open doors easier in their struggle, it's in the Bible if you are religious, help some and don't help some.

[marcous]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

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.

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.

The simplest reason is that they are still comfortable with a bad lifestyle. comfort can make ourselves forget to give more extra time. Even though there are many stories of successful people, they pressure them to always work harder. don't get caught up in your comfort zone. because of the fact that no wealth can be generated in a short time. unless we were born in a wealthy family. And we are trained since childhood to become a businessman or entrepreneur mentality.

[Wend]

I think the second reason that most people experience and myself included, when I feel a lot of money then I think about doing things that I like like changing cars, traveling abroad and even buying things that are not important like household furniture that doesn't deserve to be replaced.

For me, as long as you don't splurge and buy a car, a trip or a luxury phone...All is not considered wasted because the purpose of our hard work is to have a better life and not to torture ourselves in poverty to death, and the money remains unused. Save for the future but don't be too stingy with yourself, enjoy life within your financial means because we only live once. Wasting and enjoying life are two completely different things.

[Kadal Ijo]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

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.

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.

In my opinion, the first opinion that we are only bothered by families who need help is wrong. From a calculation, of course, the families we help are a burden, but in reality, the family that is our responsibility is the motivation and the door to get the ease of making money.

[348Judah]

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.

Aside this, every time not invested is wasted, what are the things that are taking much of our time and not yielding any positive change to us, also many of us are too used to one single model of adoption and the way we think to be in one direction, whenever we are doing something but not seing result mean we should stop ad recheck for what's going on, if we are not doing what others does we may not see what others are seing and till then we may keep making comparison but not arriving at their own kind of result, we need a change in approach, mentality and apply new models that could help push what we do to the next level without wasting time, we can also learn more to increase in knowledge if needs.

[bitzizzix]

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. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

This one is easier said than done. When you try to employ your family member to your closest connections, that is where conflicts between this connections will start. Because, you will going to have a hard time weighting things out on who's side your going to take when misunderstandings between them arises. It's always better to keep your family member away from company that is closely related to you.
Also, if you come from a country that puts his family first over anything else, you'll probably going to understand why we always choose not to be rich than abandoning our own blood.

That's right, because this happens a lot. And it's good before hiring your family members in a company that is closely related to you or your own company, you should assess family members who you know well for your consideration and give firm advice so they can work well. And you also have to act professional in case of misunderstandings, because after all family is the closest place when we have problems.

To be honest, before I got married I was the backbone of my family and I didn't think I should be rich because they really needed me. But what I felt at that time was that I never lacked money or fortune because I considered it a good deed, even noble.
and there's nothing wrong with doing that if you love your family, especially our parents. Because we can't always be like that, because once we get married and have kids, that's going to be our priority, and it's real.

[uneng]

Those who are rich must have families. Can anyone succeed without the help of family?

I think so. There are many millionaires and billionaires around the world who have succeeded and built their empires without a family by their sides. Maybe that is why they had a lot of time and conditions to dedicate and focus on their financial and professional development, although after all they become what we call eccentric millionaires, who are lonely and have nothing besides a plenty of money to spend, waste and boast around.

So it really doesn't look a fair exchange in the end to sacrifice the social aspect of their lives for more money and financial achievements.

[Mame89]

In my opinion, the first opinion that we are only bothered by families who need help is wrong. From a calculation, of course, the families we help are a burden, but in reality, the family that is our responsibility is the motivation and the door to get the ease of making money.

Agreed, For the first point There is a saying in my country that says "When all our affairs are smooth so that we become successful, and when we are safe from danger it means that one prayer of our parents has been heard by God". I think this is true because it is parents who will continue to pray for us when everyone forgets about us.

So, for me family is not a burden, and you have to help even if it hinders you financially. Because in my opinion, it is family that makes us passionate about making money, family happiness is also our happiness. Not that they are being stringent, but try to remember how the family tried to find money for your school fees and expenses when we were sick. Even though they have to be in debt they still work for us, so it's only natural that we help them when they are a little successful, and have income, even though sometimes it's hard to share a little with the family but believe me you help them don't make us poor.

[Gallar]

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.

~Snip 

you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

Honestly, I do not agree with the opinion that you suggest this. Because in your opinion the family is an obstacle or a burden that will block the path of success, and in my opinion your opinion is a big mistake. Especially when it comes to responsibility, a man (especially) is definitely obliged to be able to provide for his wife and family. If the man (husband) doesn't want to support his family and even considers it a burden, then why do you want to get married, and where is the sense of responsibility. So basically, don't make your family a barrier to get to the path of success/wealth, because it is precisely from their prayers (children & wife) that a father or one who earns money can always be given smoothness and success.

~Snip

I agree with this opinion, because it is true that managing finances is indeed necessary and even mandatory if you want to progress quickly financially. Income and expenses must always be recorded every day, so you know how much it costs each month. Then don't put too much priority on the will, but must prioritize the needs. And finally invest, If all the needs are met, that's the time to insert the remaining money, then save it and after it's collected then start buying it for investment assets, whether it's bitcoin, gold, or real estate.
That way, if it goes well these assets can grow and multiply the money.

[Lorence.xD]

Those who are rich must have families. Can anyone succeed without the help of family?

I think so. There are many millionaires and billionaires around the world who have succeeded and built their empires without a family by their sides. Maybe that is why they had a lot of time and conditions to dedicate and focus on their financial and professional development, although after all they become what we call eccentric millionaires, who are lonely and have nothing besides a plenty of money to spend, waste and boast around.

So it really doesn't look a fair exchange in the end to sacrifice the social aspect of their lives for more money and financial achievements.

Exactly, the family will just guide you their own way to success but we all know that we are all unique and have different skills that could give us advantage for being rich. I think they are lucky enough to have a rich family as they could find their own way to success freely since they have the support of the family as they provide the financial needs you'll be needing in the process. But for those who doesn't have their back by their family has a lot of experience before reaching success as they need to sacrifice, suffer and endure those problems and issues on their own. Yeah I have a belief that you can't have everything in this world, there's something you will feel you lack of it's either to financial, love, family or anything else because that's human nature.

[DubemIfedigbo001]

don't struggle to help family

I believe this statement is a mistake because you cannot abandon the family that raised you and still boast of doing well. Family Is everything bro and charity begins at home.
In struggling, you strive for more financial upgrades, and always carry family along because if you don't, when you might reach the top, you may have lost your family while busy chasing finance. That's when you'll taste the depression of rejection from family or total loss of the family you once loved and belonged to.

Your other points are good, but for this very one above, its a no for me.

[freedomgo]

Becoming rich is unlikely due to various factors. The average dude has minimal access to opportunities, lack of resources & fierce competition make it difficult to achieve significant wealth. Economic disparities, systemic inequalities & a saturated job market further hinder your chances of amassing substantial wealth. The unpredictability of life and financial markets, coupled with the possibility of unforeseen circumstances make it doubtful that you will ever become rich.

It may not be possible, it also depends on fate and determination to become Kay.
Even though some factors are owned like saying it's impossible to say it's too much.

We even have our own destiny for each human being.
Believe it or not, wealth will come because of the determination to work hard and not want to give up.

But if we all bought bitcoins when they were a bit below $1 and held them until now, then we would be rich just holding Bitcoins.
But it comes back again, how strong the person is,

That is going to be in another discussion because if we all got rich by acquiring bitcoin even before they hit the $1 target, it would still be a struggle to almost all of us because another problem would occur, how can we maintain our wealth and make it more bigger? The answer relies on the holder if how determined he/she is to maintain their wealth because we cannot deny that some people will eventually have a hard time as they don't even know what to do after that.

Back to the topic, I know fate is real and we cannot contradict it but sometimes, we also got to do our own job by dictating our own fate in life as we cannot just sit down and relax while waiting what does the fate have for us. In fact, there's a saying for that, it's not our fault if we are born poor but it is surely our fault if we die poor.

[AnonBitCoiner]

Eventhough you are in current situation where you have a lot of responsibilities brought on your arms still its possible for you to get rich especially if you don't rely only on one job and you are good for seeking opportunities where you can earn some extra income.

Its easy to say all of that but its hard to be done so the best way to have progress is to find more ways on how you can get another source of income, you will never get rich if you only have one job and it will be worst if you rely on 9-5 since your life will be miserable with that set up.

I saw large number of individuals who rely on just a single source of income and also they conduct their homes well. The way of double job is introduced now but there are lots of people in past who just work as government employee and fulfilled all the requirements of his children and families.

They can get rich even with a single income source but time will required because everything cannot happen in a seconds. Bad time goes and good time arrives everything changes with passage of time so no one can says that now if I am poor then will remain poor till death but think about the resources and try to seek that how to conduct the responsibilities.

[salad daging]

That is, if you live with your family (parents/siblings), of course you have to prioritize them first, but if your position is far from your parents, then what needs to be done is the people who are around you first, namely neighbors (distant position). from your parents), because if anything happens, the people closest to your position will know more about it in advance than your family, but I don't mean forgetting them, maybe it's more precise to limit it if you live far from your family. (if the thinking is in this)

I have separated from my parents but I always give their needs every month, this is not big but at least with what I give to them it is enough that they are happy with the gifts from their children who are now able to provide even though they have a family.
The distance between my house and my parents is not too far, but I also often do social with neighbors but never discuss about this family relationship they live each including me too, but I am always familiar with the neighbors here.

Of course, good money management will be balanced with good income too, whatever form of business is done, if the income is not good, it will be very difficult to manage finances too.
The rich way is to do business, if we have a lot of burden to meet family needs is to make it motivation to be a smart hard worker so that we can be in a position to be able to provide enough for your family and you must have a lot of money left over that you use to support your family.

It must be! If not in managing finances well, then how much income will not be enough if it is still wasteful in spending, it must be balanced with the needs that are needed and I must also be able to set aside to save/invest in other assets (bitcoin). currently I am still working in the office and the business that I live in that I develop with my family + wife the income is sufficient.