How to stay poor!

[Fuso.hp]

In real sense no one wants to be poor, everyone wants to live a little better life from their position. People work hard to get rich and work hard to live a little better. No one's thinking is that he will gradually become poor, but people's thinking is that he will work hard and gradually improve his financial condition. There are many reasons why many people are not able to improve their financial situation enough despite working hard. He may earn money by working hard but he cannot retain that money and spend it properly due to which his financial condition does not change much even if he works hard. To change one's position one has to work hard as well as always find alternative sources of income and spend the money in a very limited amount but one can change one's position.

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[Majestic-milf]

 I had to do a double take when I read the title and the first thing that came to my mind was "how can one deliberately stay poor? " Funny question but that's actually possible because just as the Op stated here;

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.

, people unintentionally do this, not knowing there are slowly creating holes in their savings. Some even find it difficult to distinguish their wants from their needs once there's money and this is bad because instead of having something to fall back on in the rainy day, you find there's nothing which makes some work 12 months of the year, but nothing to show for it.
 It's ridiculous to compete with someone especially when you have one source of income. Even though you've got multiple streams of income, it's still not healthy to compete because at the end of the day you find you are just a version of some body else, living in their shadows and wasting funds that should have been put to good use.

[zaim7413]

Why bother if you want to continue to be in poverty, you just have to sleep, eat and then sleep again for months without thinking about the source of income. If you are still working, say as an employee at a company, you only need to spend more money than the salary you get every month. I'm skeptical that people reading this topic won't do the four points mentioned in the Op. Most of the people I meet, poor people want to get out of the poverty line and rich people like Elon Musk will always think about how not to fall into poverty.

[Dr.Bitcoin_Strange]

There are other tips to add, which are: showing off when you are not yet rich; being too proud to learn from anyone else to gain more knowledge that will help the person achieve more success. Openly discussing your financial plans with someone who cannot offer any better ideas or contributions to your plans.

Some people love showing off because they want their presence to be felt; they want people around them to know that they have money, but they don't yet have enough money to sustain them for an entire lifetime.


Sometime people say that staying poor is not the choice of people who are poor today, but actually most of them are doing things that make them remain at the same financial level for a lifetime or might even get poorer. Some people don't know how to make good use of an opportunity to grow their financial status but would rather misuse the opportunity and end up getting poor. It is wise to always keep our financial lifestyle in constant check to be sure that we are not doing things in the wrong way, which might end up not profiting us in the future.

[Hewlet]

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.

this one will save you from a whole lot of unplanned expenses for real. Their are so many bills you wouldn't be paying if only you mind you business and become precise with places you should or should not go.

As you start getting older, one of the most important decision you have to make is that unless the occasion is necessary, you wouldn't bother going.

Women are the number one victim of this issue. They want to attend all the programs of their old friends and acquaintance and would want to be buying dress for location they weren't invited to in the first place.

I almost chest billing this festive season just because I wanted to interface in someone that was staying on her own oh. Just from wishing dime people merry Christmas can make them to start billing you.

[Findingnemo]

Let's talk about some reality too, work hard like a 16-hour job and all days a week for 52 weeks straight you will still be poor because you are working hard to make someone else profitable and you get paid in salary. The job market dynamics also changing which forces the employees to keep working hard for their survival or else there are lots of people out there who will accept a job offer with lesser pay due to unemployment.

Investing is a way to make more money but I would say people should start with skill development and side hustles that will keep them above the others and also bring more revenue in net which can be saved then only the individual can start their investing career.

But what most people do is, see investment as a money-making opportunity and then assume they will be successful which makes them take loans or borrow money and start the journey from debt which is a mistake and will probably keep them poor forever.

[bluebit25]

Failure does not require learning, only success does. You cannot teach a person how to fail because simply if he does not do something, he will be poor, and because the person realizes how bad his financial situation is compared to realizing that he is rich. Therefore, the steps to failure are easy and multiple, and the steps to success are boring and slow, but they earn you happiness.

Great views,

But it is clear that both failure and success are linked and cannot be separated. The standards of success/failure are difficult to distinguish. I simply think it's a process that everyone needs to learn and make choices. Regardless of the decision and the action that comes with it, the result is commensurate, and it's really hard to stop, it's infinite.

[junder]

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

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 think there is anyone who wants his life to continue to be poor, if there is I think he is out of his mind hahaha.
many rich people have difficulty succeeding, and if they change their mind to become poor I think what the OP said is true, it is the best quick way to become poor quickly, but unfortunately it seems that people like this are rare to find, I can't stand talking about this I want to fulfill my opinion with the phrase "hahaha".

I'm afraid there are people who take this seriously, but I hope no one takes this seriously because it's impossible for someone to want to live in poverty forever, because I think everyone wants to be rich especially with old age to enjoy, so we need to work hard to achieve financial freedom. but what I often encounter is the number one thing, that's what I often encounter in my environment. and I don't know what the purpose of the OP creating this topic is, because there is no way anyone wants to live in poverty continuously.

[|MINER|]

Yes, this is the current era. Everyone likes to show more than what they have. It is a very bad thing. Being poor is not bad but being poor because of your own mistakes is not good.  Whatever you do should be frugal. Spending beyond your income will not bring any good.

[Poker Player]

These are not bad tips. If I had to mention the main one it would be to spend more than you earn, and related to that to have a budget to control expenses and income, but there are other related things. The OP's advice, if we take it the other way around, is a good guide to improve the economic situation.

[Mate2237]

Op non of those things you mentioned are the main factors to make someone poor. It is only poor people that buys  things that are higher than their income. Before you buy the thing , you are already poor so there is no need to say you are poor because you buy those things. Op you analysis is contradicting the real causes of poverty. Having one source of income have nothing to do with being poor. There are some people that have only one business but they are billionaires. Then according to the Holy Bible, cheerful giver will never lack. When you give others will also give you. Giving is one of the ways to become rich but only be wise.

You go to the ones you can and leave the rest.

[TheUltraElite]

Funny lines, indeed. I get the sarcasm but I think most of the older members here already make sure to avoid these steps.

1. A lot of stuff these days are not necessary. Decide what is needed and buy accordingly. Though this is tough to do for much of the upcoming generations.
2. Source of income is usually one. More than one needs time to develop and work on.
3. Lenders can prefer lending money to a casino that allows investing in the bankroll, rare nowadays but a good side earning.
4. Gathering information is not counterproductive though. Mind your own but keep tabs on whats happening outside too.

[kryptqnick]

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

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.

Not all the points are equally bad. I think the recipe for success is moderation. You can spend some money on unnecessary expenses immediately if you want to treat yourself, but not to prove a point to others. Living on one source of income can be very stable and great if you have a very good, well-paid job, and you're confident that you won't be fired from it. That can be more financially reliable than multiple unstable sources of income. Giving something back to your friends, family, and community is nice, as long as you can afford it without issues. Getting involved in some important matters, even when they don't directly concern you, isn't bad per se either.

[Juse14]

I agree with the first and second points that you convey, but I don't agree with the third and fourth points that you convey. Because for me wealth is a gift from God and the wealth we have now is only a gift from Him who has everything. And life is about happiness, if giving can make us feel happy, why don't you do that. And I never felt afraid, if I had to fall into poverty, just because I provided assistance to other people. because I really feel that when I was living in poverty, only a few people sympathized and understood the suffering I felt, so it was difficult for me to ask for help because they didn't care enough about the suffering.
So why not, when now I am given the financial ability, decide to be able to help as many people as possible. So that the happiness I feel at this moment can be felt by many people, especially people around me.

[Queentoshi]

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.

Because of how the cost Of items in the markets can increase, there is always a temptation to spend money as quickly as possible on these items that you like as soon as you get money. it is not bad to buy things that you like but always buy them by planning towards them and making sure that you have a good plan to make certain that you do not make yourself broke while trying to impress others.

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.

It is difficult to solve everybody's problem. Family problem does not end, if you try to be the Jesus to end it, it may just end you. Also, if you give money too much, people will start depending on you.

[Hamphser]

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

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.

Not all the points are equally bad. I think the recipe for success is moderation. You can spend some money on unnecessary expenses immediately if you want to treat yourself, but not to prove a point to others. Living on one source of income can be very stable and great if you have a very good, well-paid job, and you're confident that you won't be fired from it. That can be more financially reliable than multiple unstable sources of income. Giving something back to your friends, family, and community is nice, as long as you can afford it without issues. Getting involved in some important matters, even when they don't directly concern you, isn't bad per se either.

True, those points does have also some benefits too but same as you said that the key on here would really be that moderation on which you should really be having the control on doing things on which it shouldnt really be that excessive so that oyu would really be able to make things in line or something that could really be just that fine. You would really be finding yourself being poor in the end of the line if you do really have that kind of spending on which it is really that more than that you are earning. Its a basic concept or condition on which you would really be experience those huge financial problems
if you arent that wise on making those steps or actions along the way. You would be finding yourself to be poor just because your income cant really be able to cope up on what you are spending.
Everything should be balance as it should always be but there are some people who cant.

[sokani]

Nice points you highlighted on how to be poor. The topic might be funny but this things are real, some persons are actually doing this shit. People do all sorts of things like living above their means because they want to impress their peers or a girl. They spend their money on frivolities, live for the present, forgetting that there's a tomorrow and "he who fails to plan, plans to fail." When they finally hit rock bottom, they blame it on witchcraft not knowing that they're the architects of their own downfall.

[sunsilk]

Those are the mistakes that people have been doing and retain themselves in being poor. Also, you can add having the poor mindset like, it's okay to be poor but we're happy.

That's always the reasoning from those people that don't want to get up with their lives and content with their living. Not a problem if they're having like that but having a poor mindset will keep them being poor.

Once they experience that it's better to have a better living to get out of poverty, they're going to be the opposite of what they've been believing all these days of their lives.

[sana54210]

Failure does not require learning, only success does. You cannot teach a person how to fail because simply if he does not do something, he will be poor, and because the person realizes how bad his financial situation is compared to realizing that he is rich. Therefore, the steps to failure are easy and multiple, and the steps to success are boring and slow, but they earn you happiness.

I feel like you could always learn to fail in the sense that what you do to become successful could lead you to fail and then you learned what not to do. Failing at something means that you are going to be eventually fine about it, and you will not make the same mistake again and that should return to you as something that would be awesome. I get that it is not that common, but it is not that horrible neither, we should be careful about it and we need to end up with something that will make some money.

So if you fail, use that as learning experience on what not to do and if you do that then you are going to end up with more and more ways on what not to do and whatever remains will eventually be the way you should be making money.

[Miles2006]

People still get involved in this act you just mentioned and not everyone will be poor as we expected, like people spend more on unnecessary stuffs and regretting at last, the greatest poor state is when you can't afford your needs but in a situation when the person still works hard to meet up his/her needs and still spend unnecessary then the person really need help cause it's not their choice but they lack the idea of managing their money, no one should live to some else expectations cause the person might end up wounding him/herself, I think this is the major reason why people still live fake life and luxurious lifestyle to please others and gradually they're killing their future with all this and forgetting about investment or business, I don't think people live their life base on peoples opinion nowadays.