Reason why you will never become rich

[taufik123]

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,

[SmartCharpa]

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.

You may put some family members into your business now and all they will be thinking about is how to bring you down. Most people don't just want to be like you so they can watch you fall because it makes them happy, so even putting a family member into your business is kind of a risk of your source of income, despite what you may be saying.

You know you are right on that most of us really do some kind of things just to impress people who them hate, but the way you spend your money is different from the way some people spend theirs, so you can just say people spend money over what is not needed to us. I do buy things that are needed to me, not on there ways that you are thinking. Everyone wants to invest, but everyone has different challenges in life, so you can't compare yourself to other people. It's not always easy for some people to invest the way you think. Some of us actually make this money and take care of our families.

[Hamphser]

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.

If you are the breadwinner on your family then you wouldnt really be finding yourself having that kind of financial freedom due to lots of responsibilities on which i could really be able to say such thing because im

once on this kind or type of situation on which on the time that you do finish your studies then next would be finding out some job and then you would be the ones who would really be mainly supporting your
brothers or sisters when it comes into their education until they would finish off their college or degree on which on the long time of supporting then you would really be finding yourself on having no
money and something that you had established after a long time on which means that you had just stopped your own progress in life because of those burden. It cant really be avoided since we are part of family
but it would be always wise that you should set out limits or on when you would be just trying out to break free.

We do have our own lives as well on which we do need to make out progress for us to survive because on the time comes that those family member of yours would really make their own
lives then for sure they wont really be obliging themselves on helping you out.

[BD Crypto]

To be rich you have to be in 5% from the totay100%  so you have to do something different, effective, potential and unique. Another most important thing which you must have is that an effective decisions making scene.
I am writing about some points from my POV:

1. To get rich you have to take risk obviously and must have investment strategy so that a wrong investment can't rekt you. Like you have to invest in high reward or high risky sector. That will not surely make you rich but an effective decision can change your life.

2. You should have awareness about your daily life, goals and activities. Any idle person can't be effective like an active person. So we have to be an active person obviously.

3. Grow your skills or grow your investments when you have this opportunity. Without skill you can't do even the basic things too like cycling, walking or riding. If you grow your skills in a demanding sector you will be appreciated every time. Or if you reinvest and grow your business you will get quicker profit than before.

4. Being expensive is the worst part and the main barrier from being rich. Huge expenses can make a king to a poor. We should not expense hige which I have no need actually. You should minimize our expenses and maximize our investments to get a quicker result. We should never stop expensing but can minimize it and not to abuse it.

I am little weak in every points I have shared that's why sometimes I have opportunities but can't implement it properly.They are the biggest barrier to get rick from a starting. I am working on them to build up and zi hope I will get a chance again and never miss it.

[Crypto Library]

I really like your topic, especially in this point, you need to build yourself up and make your family or those peoples self-reliant who depends on you.
A wise man said that it is not your fault if you are born poor, it is your fault if you die poor. Guess who is this man none other than the Bill Gates. Most of the rich people in the world have struggled to reach their current position. So struggle is the key to success, People in the world can never prosper in life who are lazy and afraid to struggle.  So I consider this afraid of struggle as the main reason behind not seeing success and being poor. They think twice to spend money unnecessarily. So I think when a person can learn the right use of money and struggle then he will easily see success. I will not call success here only to be rich, to be successful, you have to be successful in all aspects.

[n0ne]

I really like your topic, especially in this point, you need to build yourself up and make your family or those peoples self-reliant who depends on you.
A wise man said that it is not your fault if you are born poor, it is your fault if you die poor. Guess who is this man none other than the Bill Gates. Most of the rich people in the world have struggled to reach their current position. So struggle is the key to success, People in the world can never prosper in life who are lazy and afraid to struggle.  So I consider this afraid of struggle as the main reason behind not seeing success and being poor. They think twice to spend money unnecessarily. So I think when a person can learn the right use of money and struggle then he will easily see success. I will not call success here only to be rich, to be successful, you have to be successful in all aspects.

Those are true lines and hold the perfect meaning. With much difficulties people have made themselves rich. I liked the point of making every family members self reliant a must thing to make ourselves rich. When there is no dependent, then we were able to think free as well as take risk. When we're in a family this isn't an easy thing and this itself a big pressure. Success can be defined based on different parameters, being rich also differs based on calculations individual users have. According to me people who are healthy and was able to feed themselves is rich than half the population of the world.

[lionheart78]

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.

It feels empty when you abandon your family because of your goal to get rich.  Though I agree that we should do our best to put ourselves in a better financial position that is looking for more source of income and not abandoning my keen.

Your suggestion of recommending your dependents to some company in order for them to earn money and ease your load is a good thing but we must make sure that we are always there to give them support if they are in need.  The world is round and we never know when we are needing their help so it is better to keep the relation intact and be supportive of each other.

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.

Money management is a much better approach than abandoning your kin.  Just think if you are the one on the receiving end and your family breadwinner abandon you because he wanted to get rich.  Isn't it feel like being betrayed?  

[Asuspawer09]

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.

I know a lot of people who are the breadwinner in their family they are the only one that has a source of income on their family, I mean its already pretty common in my country I guess it is just a big problem here because early pregnancy here is just high so most of the families here doesn't have enough to have a stable income before even starting to have a child. One of my workmates as well have this problem I mean there's nothing he can do because his siblings are still young so they can't work yet because they are still in school, his mother and father only have a small store but it wasn't enough, He shares to me that it was really difficult because his salary was just for paying Bills and expenses and there's nothing left for him.

I mean it would also depend on your situation like what I've said even though you really wanted to save and invest your money but there is just nothing left it is going to be really difficult for you. It is still possible just having the right mindset but its harder, I mean i just trying to avoid every possible mistake that i can do because i already doing great on my financial.

[Smartvirus]

Your second reason is wholesomely agreed with but, not as much as I would say for the first. Yeah, one has to understand that money not invested does go away and you ain’t getting that back but money invested yields you profit. Even still, you’ve got to know just how to utilize this money so you don’t end up not making plans for the rainy days when it comes.

The first point is one which I don’t completely agree with. Some of the points there yes but, some others sounded a little sketchy. One thing you must understand is that, our world is beseeched with problems and everyone now and then, you’re going to have one come around. Be it yours, that of a family member or even a friend. It’s just normal and can’t be totally avoided but, could be reduced and part of that is by empowerment. On this, you got them right but, on the part where you get to have family work with you;
This has or poses a challenge of its own. You get a little soft in handling serious affairs while dealing with family than other staff. This makes the business to get affected and you wouldn’t want that.

[STT]

The only possible way to become rich is redirect resources unrequired spending into otherwise unused capacity to produce better in the future.  For most people that will be to invest their time wisely to have a well paying job.   Its always about investing time and/or capital and deploying it in a way which has a unique advantage and regular demand, people have great skills usually thats enough to do well.   Rich only comes from regular success which is hard to do, self made business people tend to be pretty serious people because of that, any mistake can set them back a decade.

[DanWalker]

And I want to ask you one thing, did you become rich after getting rid of your family and after you knew how to use money? I don't know what family relationship you're talking about, if it's between your siblings, your spouse, your parents, and your loved ones. I would object to your first reason. Because we work hard, finding ways to be financially free is also taking care of them, not just ourselves. Furthermore, without those people, I bet you wouldn't be where you are today, so it's not right to consider them a burden. It's a responsibility that everyone has to shoulder, you can't selfishly deny them. Many people can still become rich but still be with their loved ones, so I disagree with your reasoning.

It's good that you think of helping your family first and foremost, and it's something that I appreciate especially since in some ways I'm a breadwinner too. But I gotta take OP's side on this one only because there's certain instances where your family's overdependence is becoming a massive toll to your financial, physical, and mental health. So much so that it's causing you anguish and sickness aside from an empty pocket. Remember that you're not born into this world to be your family's financial investment for when they can't move their asses out and go to work for themselves. And if you're going to throw me the "you wouldn't be here where you are today if not for them" then I'll speak for those who had trouble dealing with their family by saying that "they would definitely not be here if not for their family, cause then they'd be in a better financial state!"

It's good to help, but sometimes you gotta draw the line.

Maybe I misunderstood what the OP meant, but what I meant was that we shouldn't leave our families no matter how heavy and stressful it might be. You are right, everything must have a boundary, we can't let them completely depend and put all the responsibility on our shoulders, but don't see them as a burden that we have to throw away. As I said, no matter how bad they are, they are the ones who gave birth to us, our loved ones and without them we wouldn't be where we are today.

[Xampeuu]

income is indeed the main factor for people to become rich, but besides that financial management is also very important to manage income so that it can be in accordance with the target, on the other hand lifestyle affects our financial arrangements, so that a simple lifestyle can be applied, so the remaining income we can divert it to invest or carry out other business activities, I suggest that diversification is needed, because we do not know every business whether it will always be successful or not

[Jawhead999]

Excellent write up, it means you're rich since you're giving advice how to become rich and a rich people will not join a signature campaign because the payment is like a peanut for the rich. See you later when you've ranked up to full member rank

Maybe I misunderstood what the OP meant, but what I meant was that we shouldn't leave our families no matter how heavy and stressful it might be. You are right, everything must have a boundary, we can't let them completely depend and put all the responsibility on our shoulders, but don't see them as a burden that we have to throw away. As I said, no matter how bad they are, they are the ones who gave birth to us, our loved ones and without them we wouldn't be where we are today.

Yep, I mean there's nothing wrong to become a mediocre as long as you're live in full of peace and happy. If someone really want to become rich, just sell your nude photo or porn video on onlyfans. Scam everyone and try to steal anything as long as you have an opportunity.

[Dzwaafu11]

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.

If I understand you correctly, you mean if someone has money, he should not allow his family members to depend on him? I don't think it is appropriate that way, but I want you to understand that these same family members were with you when you didn't have the money. Now that you do, you want to tell them that they should find their own money. Or you want to find them a way to get their own money, I don't think this is the way you need to treat them. If it's like this, then why are you working to get the money? Is it not because of the family you have at home? I don't know yours, but I'm working because of my family members and myself, as usual.

[dothebeats]

income is indeed the main factor for people to become rich, but besides that financial management is also very important to manage income so that it can be in accordance with the target, on the other hand lifestyle affects our financial arrangements, so that a simple lifestyle can be applied, so the remaining income we can divert it to invest or carry out other business activities, I suggest that diversification is needed, because we do not know every business whether it will always be successful or not

Exactly. No matter how big your income is, if you don't manage it smartly then it will still be a waste. You will still find yourself losing most of your money. You will notice that you are barely saving anything. Being a smart money handler is probably the most significant key to ensure that you are making progress when it comes to your financial aspects.

[stadus]

You will not become rich if you are not educated about financial literacy.

It's not just about how much you make, but more about how you will be able to grow your funds. This can be achieved by managing your income and expenses effectively. Also, it should be in your mindset that no one gets rich by working alone. Not only will it limit your earning capability, but it will also not give you freedom in managing your time. When you are in business, you are your own boss, so you are in control of your time.

Maybe for some, it's hard because they don't want to get out of their comfort zone. But believe me, if we don't take the risk, we will never get rich. So there's only one way to reach the goal, and that is to take a "risk".

Good luck to those who are strong enough to get out of their comfort zone. May you succeed with your endeavors.

[Outhue]

And I want to ask you one thing, did you become rich after getting rid of your family and after you knew how to use money? I don't know what family relationship you're talking about, if it's between your siblings, your spouse, your parents, and your loved ones. I would object to your first reason. Because we work hard, finding ways to be financially free is also taking care of them, not just ourselves. Furthermore, without those people, I bet you wouldn't be where you are today, so it's not right to consider them a burden. It's a responsibility that everyone has to shoulder, you can't selfishly deny them. Many people can still become rich but still be with their loved ones, so I disagree with your reasoning.

How is finding ways to become financially free mean taking care of others? I am sure you know how it is when coming from having nothing to having something, you won't even remember that some family is somewhere, not until things start getting better for you, I believe OP do make some sense here, sometimes, family members will drag you back from your goal, you trying to change your life is when they will come asking for your help.

You can open a business today and it's not even booming yet, you are still trying to find more steady customers and that's when family will text you that they need something, see man, many people have gone down through this step before, there are too many examples like this in this world right now.

It's a problem growing up from a poor background, and if you say no to poverty it's going to be a bigger problem because you have a lot of poor people around you, and it look like you are the only one with hope, they will haunt you will problems that need to be solve and that will bring you down to their level, you will end up becoming like them.

[fuguebtc]

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.

If I understand you correctly, you mean if someone has money, he should not allow his family members to depend on him? I don't think it is appropriate that way, but I want you to understand that these same family members were with you when you didn't have the money. Now that you do, you want to tell them that they should find their own money. Or you want to find them a way to get their own money, I don't think this is the way you need to treat them. If it's like this, then why are you working to get the money? Is it not because of the family you have at home? I don't know yours, but I'm working because of my family members and myself, as usual.

I take it the other way around, he's not saying that we should give up on our family. What he meant was that we should create jobs for all those who are able to work instead of being lazy and just putting the responsibility on one family member. If family members really love each other, they should share the burden with each other, instead of just placing the responsibility on one person. It is not acceptable for one person to go to work to feed 5 others while those 5 are healthy and able to work. That's what I understand and I see nothing wrong with OP's statement.

[Fiatless]

If I understand you correctly, you mean if someone has money, he should not allow his family members to depend on him? I don't think it is appropriate that way, but I want you to understand that these same family members were with you when you didn't have the money. Now that you do, you want to tell them that they should find their own money. Or you want to find them a way to get their own money, I don't think this is the way you need to treat them. If it's like this, then why are you working to get the money? Is it not because of the family you have at home? I don't know yours, but I'm working because of my family members and myself, as usual.

OP was trying to list some situations that might make an individual not become financially stable. And he mentioned family responsibilities as on of them. His point is that you might not be able to save or invest if some of your family members depend on you for survival. The money you would have used to start a business or invest in other sectors will be diverted to pay maybe school fees, hospital bills, house rent, and even feeding expenses for parents, siblings, and other relatives. He never said it I good to ignore family members when one is rich.

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.

It is not a bad idea to assist your family members that need help. But you should do this knowing that you have to also plan for your future because you cannot predict the economy. There is a need to plan how to use your income. You should have a budget for each month and if you exceed your money put aside for your family for the month, stop giving. Don't exceed your budget or take a loan because of the need of any family member. If you build a better or more sustaining income base, you will have more capacity to offer more help. But you need to be financially prudent to build viable multiple streams of income. After all some of these relatives will not give you any assistance when you need it.

[Mauser]

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.

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.