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Author Topic: How to stay poor!  (Read 1497 times)
Jegileman
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January 10, 2024, 09:27:09 PM
 #41

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

I agree with all your points but this particular one is what I’m not sure of it making someone poor if one does that. The former could be wrong while the latter is correct. Cheerful givers don’t lack too much because of their generosity to others. It is good to give out to others but shouldn’t be too much that it will make you lack something afterwards. I feel those that give out have enough to share and enough to use for themselves while those that lend are likely to get poorer faster as they keep expecting the money to be paid back and putting it into calculations also, if they don’t come back, they become some percentage poorer as days goes by.

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January 10, 2024, 09:27:51 PM
 #42

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

Well, not all people considering themselves in a dire financial situation when you say they are poor. Just like what have been listed above in the OP, some people have done it, yes they  might be poor but they are actually either contented with what they have or being afraid to step out of their comfort zone to try and alleviate their current financial situation.
Lending/giving money to family is something we do very often, but not everyone stay poor because they have done it. In a religious group they believe that "the more you give, the more you will receive". I didn't personally believe in that because everything you received is the fruit of your hardwork, but I didn't stop giving something to my family sometimes with my friends and I don't think I stayed poor because of that.

R


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January 10, 2024, 09:46:42 PM
 #43

Indeed, sometimes we have to be a little selfish for our own good and also so that we can focus more on what we have planned beforehand, so that our goals can be achieved. However, this does not mean that we should not have good intentions to help others, but that we should do this appropriately. And a little wider, if you give something to other people, don't just because we want to feel appreciated by other people, want to get praise and praise from other people, making us behave carelessly by giving them loans or money for free beyond our capabilities. And believe it or not, if we expect something in return for what we give, then this will only lead to disappointment and loss.

And the important thing is, although sometimes this selfishness is often seen as bad by some people, to maintain a balance in life and understand and respect personal needs, being a little selfish is very important.

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January 10, 2024, 11:50:39 PM
 #44

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

The sarcasm you make is all true, many people will remain poor because they don't have good money control, besides that they also don't have an impact on those around them, just imagine how you can be successful when you can't help the people around you, as as a human being, you have to have a big impact on other people's lives too so that whatever you build, be it a business or a work career, will end in success and also have a smooth path in carrying it out.

Quote
Our incomes are like shoes: if they are too small, they squeeze us. But if they are too big, they make us stumble along the way. (Charles Caleb Colton)

Money never fools anyone, it only shows who we are. (Elbert Hubbard)

Money is a good servant, but it is a bad master. (Francis Bacon)

It's not how much money people make, but rather what purpose the money is used for. (John Ruskin)

Above... i included some great sentences that great people use to explain how good and bad money is, because there are still many people who don't understand the real concept of money in life, be wise in managing money, and be fair to your money (for yourself and those around you)

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January 11, 2024, 01:20:44 AM
 #45

That's a great list. It highly reflects the reality, especially in depressed neighborhood.

But if I may add, since we are all part of the crypto community. If you want to stay poor,

  • invest heavily in altcoins and hodl them
  • constantly look for low-market cap coins and put your money there
  • always hunt for that altcoin that might give you x1,000 or more profit
  • makes a rush for that money and trade with high leverage
  • spend a lot of time waiting and hunting for what's free like airdrops and faucets

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January 11, 2024, 01:43:05 AM
 #46

should be tips to keep life comfortable happy and rich.
instead of living poor and miserable.
If a poor tip ends up being miserable, everyone can do it. All you have to do is spend it on things that are unclear and unimportant. You will end up poor and miserable in the future.

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Egii Nna
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January 11, 2024, 05:48:07 AM
 #47

To me, poverty is defined in two ways: by nature and by nurture. Why I said this is because some people that are poor today are already poor from the grassroots, although some psychological statements state that if your grandfather is poor, your father will be more comfortable than your grandfather, and you will be rich as the son, and it will continue. This will also apply to the rich, because if your grandfather is rich, your father will be less rich, and you might be poor. The process is continuous, so with this example, we are going to say some become poor due to their family history because instead of them locking in a source of income for themselves, they will end up expecting and waiting for the inheritance, which will just make them poor, but they won’t know.

And again, being poor by nurture is what Op is saying, which is what I called it: intentionally taking yourself into poverty. Because this is the stage that deals with some factors that you will engage in that will just get you more poor instead of trying to get excessive money and manage your life, but you will just start thinking outside the box and following another way that you think is the best way to get rich, which is not, although in life now getting rich doesn't depend on your hard work only but hard work and smartness because if you possess these two factors, you will get rich easily.


1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

This is what I call genuine poor people, because those people find it hard to escape poverty. Some people are just being deceived, which is what is called standard life. You can’t live a standard life when you are not wealthy. When I say wealthy, I am not talking of rich because it is two different things because every rich person won’t buy luxurious things that are more than his worth, but when you come to poor people, that is when you will see some one with what, if sold, will sustain him and his family for some time and even create a chance for investment for him, but he won’t do that but only engage in showing up for others claiming to be rich.

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January 11, 2024, 06:07:35 AM
 #48

Truth hidden in sarcasm makes more sense, because people never listen when you just preach to them.  Roll Eyes

Do not underestimate the draining power of cellphones and alchol in people's finances. People spend huge amounts on expensive phones or contracts or even just constantly buyin "data" for their cellphones and also buying too much alchol. (A huge problem in 3rd world countries)

The two industries market their products aggresively and the "Cool" factor are being used as a marketing tool to sell more of their product. (The more expensive the phone and your drink, the more "cool" you are... ?)

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January 11, 2024, 06:55:51 AM
 #49

I slightly disagree with what you said that people who live from just one source of income can become poor at any time, because many people live from just one source of income and can build a house and buy a vehicle and live well. And what's more, not everyone has the opportunity to have more than one source of income. So I think it's no problem living from one source of income, the most important thing is how you can make good use of that money and not use it for something that is not needed and always save for the future.

R


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January 11, 2024, 07:09:05 AM
 #50

Truth hidden in sarcasm makes more sense, because people never listen when you just preach to them.  Roll Eyes

Do not underestimate the draining power of cellphones and alchol in people's finances. People spend huge amounts on expensive phones or contracts or even just constantly buyin "data" for their cellphones and also buying too much alchol. (A huge problem in 3rd world countries)

The two industries market their products aggresively and the "Cool" factor are being used as a marketing tool to sell more of their product. (The more expensive the phone and your drink, the more "cool" you are... ?)
Like saying a spoonful of comedy makes reality easier to stomach. People tend to tune out when preached to directly. Humor, especially sarcasm, makes them more responsive. It's a subtle approach to make folks think, right?

I completely agree that cellphones and drinking drain finances. I've seen these costs sneak up on people, especially in poorer societies. The marketing strategies employed by these industries are indeed aggressive. They cleverly exploit coolness social psychology. Consumer behavior often links self-worth and social status to material items. The actual cost isn't just money; it's the missed chance to invest in more important and sustainable things.

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January 11, 2024, 08:21:37 AM
 #51

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

I can do even better than that and tell you how to become poor immediately. All you have to do is buy one (1) Lamborghini Smiley

Seriously though, I think credit cards play a big role in making people poor. People spend like they're rich when they only have $1000 saved each month after necessary expenses are paid. Then they get sucked into a black hole of interest payments on just about everything.

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January 11, 2024, 08:42:32 AM
 #52

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

The sad reality of life is that not everyone will be rich though even when richness is subjective to people. No matter how you guide and write books about ladder to success, some people will do what is going to make them happy rather than running after richness not to talk of being wealthy because having a wealth is totally different from being rich and being rich is different from average life and that is also different from been poor.

Your number 2 is also subjective; we have people who rely on a single source of income and make a lot of money, but their job takes up almost all of their time, so they don't have much time to pursue other sources of income. People who work in oil companies, particularly the top guys, devote their entire lives to it and it is their sole source of income, yet they make nearly all of the money anybody could possibly imagine since they are paid so highly.

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January 11, 2024, 09:00:08 AM
 #53

I slightly disagree with what you said that people who live from just one source of income can become poor at any time, because many people live from just one source of income and can build a house and buy a vehicle and live well. And what's more, not everyone has the opportunity to have more than one source of income. So I think it's no problem living from one source of income, the most important thing is how you can make good use of that money and not use it for something that is not needed and always save for the future.
What you say is very true, those who have one income can still meet the needs they need and can also build their house, but they have to save to be able to fulfill what they want and not use their money for needs they don't really need.
Indeed, for some people who have time to work from morning to evening it is very difficult to find additional income and if they force themselves to have other sources of income of course they will be very tired and will not be able to have enough rest time, I agree with you there is no What's wrong with having one source of income If we can manage it well, of course we can get what we want.

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January 11, 2024, 09:46:19 AM
 #54

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

I don't know what your purpose is, and you created this topic. I don't get the sense of the discussion you created, dude.
Hey mate, if you don't get the purpose and sense of the topic maybe you have to go through again to get the sarcasm.  The sense in there is that doing all as written in the op will definitely make you poor but if you don't want to be poor it is expected that with all efforts you live your life in the opposite of all in the Op.

Quote
Do you think that some of the communities here want to remain poor in their situation in their lives? 
There is no one in this community or outside at all that wants to be or remain poor, even as that, there is a role you will have to play if you want to be and stay rich. Living rich is not by the desire of it but by taking necessary modelled actions to becoming rich.

Quote
Are you the OP wanting to be tied down by being poor?
Obviously, No I don't want to be tied down being poor and that's why am taking the decisive and necessary steps daily to being rich and staying rich too.

Quote
because if you say yes, why don't you do all the things you said here? I can't even tell if what you're saying is a tip, because it seems to me that you're just teasing the other communities here who are still struggling in their lives. Is that your only purpose for doing this?
My answer is "No" and still remains no. Am sorry if that's how you view it but it's actually a tip and not in anyway to tease anyone if you get the sarcasm just as I explicitly said it in the end of the op.
Thank you.

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January 11, 2024, 10:25:26 AM
 #55

The biggest stupidity is doing the same thing every day and expecting a different result.
Poor people follow this rule and prosper in their poverty. It would seem that it’s enough to just change your usual life schedule a little and several options for how everything will develop next will appear. But the poor don't do that. The poor remain in their familiar world
So if you want to stay poor, just keep doing what you've always done. And you will succeed in this  Wink
Aside from the OP's sarcasm, I think surviving in poverty depends on the environment too. And doing the same thing but expecting change, even though without proper action it will not work as expected.

Why do poor people get poorer? That's because that person doesn't have the mindset of a rich person. When poor people have aspirations, they are pessimistic and continue to do what the OP says. And this can be influenced by habits too. So they continue to survive in poverty. So it all depends on your mindset, because there are also rich people who can become poor because their mindset and attitudes are like poor people and it is possible that poor people can become rich because their mindset and attitudes are like rich people.

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January 11, 2024, 10:48:19 AM
 #56

I don't think that removing the negativity in the OP's post will make a person rich. Everything always depends on the person living in poverty and on his desire, and maybe the opportunity, to change his life. It’s very old to say that if you study and work, you will be noticed and you will succeed. Today, the world moves very quickly, and not everyone has time to obtain the knowledge that is in demand. The best thing you can do is not to scatter yourself in all directions in search of yourself, but to study one thing and improve your knowledge in order to become a truly experienced specialist.
I will repeat the expression that I read somewhere here: “It’s not scary that you were born poor; it’s scary that you remain poor.”

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January 11, 2024, 11:25:29 AM
 #57

I slightly disagree with what you said that people who live from just one source of income can become poor at any time, because many people live from just one source of income and can build a house and buy a vehicle and live well. And what's more, not everyone has the opportunity to have more than one source of income. So I think it's no problem living from one source of income, the most important thing is how you can make good use of that money and not use it for something that is not needed and always save for the future.
What you say is very true, those who have one income can still meet the needs they need and can also build their house, but they have to save to be able to fulfill what they want and not use their money for needs they don't really need.
Indeed, for some people who have time to work from morning to evening it is very difficult to find additional income and if they force themselves to have other sources of income of course they will be very tired and will not be able to have enough rest time, I agree with you there is no What's wrong with having one source of income If we can manage it well, of course we can get what we want.
I have an uncle who is a doctor and he is very rich, he doesn't even have enough time to work and has no time to rest, let alone have to work part-time to increase his income. One source of income or multiple sources of income depends on each person, we cannot look at it and say that anyone who has one source of income will be poor. Only people with income from their main job try to find other sources of additional income, while people with good jobs and high positions do not need to spend time doing part-time jobs.

By the way, I agree with what lovesmayfamilis said, even if we eliminate the things OP mentioned, it won't make us rich.

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January 11, 2024, 11:30:00 AM
Last edit: January 11, 2024, 11:55:47 AM by Rockstarguy
 #58

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

Things are very hard everywhere and this is not the time people should depend on a particular source of income if not one won't be able to meet up with important responsibilities and projects. Their are a lot of online skills one can acquire to get income from it as a side hustle to gain financial support to manage one's self in this difficult economy in this time.

Inflation is making things to be very difficult for people,  before now people where able to survive with just one source of income , living comfortably with their families but right now things have really changed.  It is very hard right now to gain wealth through one source of income just like before now when inflation was very low.

R


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AicecreaME
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January 11, 2024, 11:30:36 AM
 #59

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

These are only applicable to those people who has the privilege to earn money bigger than the bare minimum salary that poor people earn in their everyday side hustles.

Poor people in third world countries doesn't have the capability to lend or to give money on their friends or relatives, because what they earn per day is just barely enough to feed themselves or their families. They can't even buy other things like new clothes, new appliances for their houses because they don't have enough budget for that, they are just trying to survive every single day.
HajiBagi
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January 11, 2024, 11:38:27 AM
 #60

As a businessman or salary earners here are tips on how to stay poor in life. Grin

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

All of the things you just mentioned especially the first and third are the main reasons why a lot of people never succeed in life. As Nigerians, we are accustomed to squandering money without thinking twice once we get it; instead, our only concern is how to live life to the fullest and acquire expensive items without considering the future. The worst part is that you also have to become an incredibly happy giver and lender of friends' or family's money. As for me, I can never lend money to anyone in my family or friends; instead, I can just dash them money. This is because once you give money to friends or family, it will be extremely difficult to get it back because they will use your relationship as an excuse until you stop asking about the money.

Say that to women to get a better replies. Tongue

They will says:
1. Well, that's my life why you need to judge me, mind your own business.
2. Men always like pretty girl, I want to become a pretty girl, that's why my maintenance costs e.g. skincare, nice outfit, nice car are high.
3. You only live once, no one know how long you will life, just enjoy your life.
etc.

It's true that no one knows when they will pass away, but as a man, you must find a way to deal with this by making yourself whole through spending and learning how to build your future rather than impressing others. While enjoying life is good, it's important to set boundaries so that, even in death, your family and children will be proud of you. Furthermore, discussing this point with women will help some of them understand it.

.
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