How to stay poor!

[Smartvirus]

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.

Of all the listed means, this is one of the most effective. It gives no relevance to either your working several jobs or have got several streams of income but, ensures you stay poor or continue to live an averaged life/lifestyle.

It’s always a compassion driven means and trying to give a shit yo what is being said about you, have your actions and inactions are been perceived but, it’s in your inability to take hard decisions, decisions that doesn’t really undermine your good but instead, might not be directly favorable to the said family and friends that this means thrives.

One needs to understand that, you don’t always get what you want in life and you will always come before other persons and as such, to stay too, you need to make justifiable hard choices. Don’t be scared to make them so long as, it doesn’t involve you cheating on your mates, take those decisions and call it saving yourself.
Don’t be involved more than you ought to, it kills dreams.

[1714683960]

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[Fakhrulenclix]

I understand one thing and I believe it.
Not everyone has the same responsibilities so it is difficult to control finances. I have even seen a small child who works to support his family's economy so there is no way or way for him to save his money for his personal needs. He has quite a lot of income for someone his age. but there is nothing left when he has to meet the needs of all his output, this is about life which cannot be defined and also about love so he has to do that.

What is certain is that everyone who works hard will never feel deprived at any time so that those who support the family economy will find their own way to earn money because I believe that natural law is fair.

[angrybirdy]

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.

Everything listed here is on point, but I just want to say that there are some people who want to get out of poverty but they can't because they are incapable. maybe life is not always the same, because if everything is equal, the world would be even more troubled. No one will do the work that the rich people can't do. Right now, most of the reason why people don't get rich is because they're too luxurious, they don't think about saving and being frugal. Especially now that there are many online stores that are going out and they are always buying things even when they don't need it.

[demonica]

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.

The usual reason why a lot of people think this way after getting their money or paycheck is because after working everyday, they usually think that "I deserve this because I worked for it". Tho of course, you also deserve to treat yourself once in a while, but doing it every paycheck or spending on unnecessary things whenever you have money isn't a smart way of handling your finances. Sometimes others would even allocate their money already on the things they want to buy or spend even if they haven't received their money yet. It's like they're look forward for their salary just to spend it. Only allocating a small percentage on saving or investment/business goals.

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.

Most rich or successful people reached that stage because they have their own businesses or investments. If you stick with working 8 hours everyday for someone else's businesses, the chances of improving your finances are low. Only few employees get a chance to earn bigger salary, and sometimes it'll take them decades of working before they can reach that range of profit. So if you want to maximize your skills and opportunities as early as you can, find another sources of income and don't just be satisfied having one. Most of the time, that one source of income you have isn't even enough for your living expenses.

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's fine to sometimes give your family as an appreciation or thank you. But lending would be a bit harder cause sometimes even if it's your relatives, it can still be hard to ask them to pay you back. Same goes with your friends. You may treat them as a friend but there are people that when money involves, they wouldn't care. So always be careful lending your money to others even if it's close to you.

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.

Just focus on your life. Focus on achieving your goal and not other people's lives. Aside from the reason that it can cause you a lot of enemies, you would also be wasting your precious time on something that won't even bring you any good nor benefits.

[Kelward]

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.

You gave very good tips to the road to becoming a failure, and it is quite easy, all the individual has to do is follow them or simply do nothing, they all lead to the same destination. I perticularly singled out numbers 2 and 3, they're very remarkable, follow them and the individual will not only become poor but with an extra bargage of having enemies.

In our present world today the cost of a comfortable lifestyle is quite expensive and most incomes can not meet up the demands of goods and services that keeps increasing, so depending on one source of static income can not continue to carter for the increasing cost of living. Without an alternative source of income the earner is inviting poverty.

People have learnt from bitter experiences not to reveal their true financial status to family and friends, because if they know your true worth, most of them will keep coming back for more loans or free money. If you don't give you'll become an enemy and if you give and they don't pay back, when you complain you'll likely still become an enemy. It's better to give the amount that you can afford to loose, unless you're planning to become poor.

[Gozie51]

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 exactly true of some people, they want to impress on people that they have arrived while they are still struggling inside. But naturally some people have this life style to show people what is not actually real because they want to have that acceptance in public. The truth is you are living for yourself and not for anyone else and the more you live a bragging life and show off lifestyle people associate riches with you and can not offer financial help for you because they are already seeing you to have everything you desire. So this is the debacle of claiming to have what you don't have, people can't assist you if you go ask for loan from them as they will assume you want to mock them and they won't take you serious. You will keep going down in your poverty with trying to prove a point or impress the public.

[Kingbtc2]

Do you think people naturally does all this to stay that poor?
No one will want to remain poor in their lives but the problems is most people fails to summon courage in everything they do because they all believed that everyone has a lifting days with a regular saying that says "God will make it one day", Tell me how God will make it when they fails to look for work and job that would produced to them, is it not same God that says " Show me they works of thy hands I will blessed you through thee". Yes, people who don't change their orientation would always remain poor in life provided they are feeding 3 square meal a day, they don't mind pushing harder or becoming Rich in their lives.

It is easier to be poor than to be rich, if someone is lazy and don't want to do something meaningful with their life then it will lead to poverty, but if a person is hardworking and can improve himself to learn new ways to make money then the person will not be poor. I like how the ways to be poor are listed in this topic, it shows that there are rules to poverty which people must try to avoid and become successful. People say that God will provide for them but God will not come down from heaven to put food in their mouth, they have to work and God will make a way for them. We will plant and water then God will give plenty harvest, because there is no food for a lazy person.

[someone703]

The truth is, poverty's a tangled mess of bad luck, broken systems, and limited options. It's not about laziness, it's about survival, sometimes with three square meals being the only luxury you can afford. It's about pushing a boulder uphill with bare hands, hoping for a gust of wind to give you a nudge.

So, instead of judging the folks stuck in the maze, let's build bridges, share our maps, and maybe even lend a machete or two. Because in the end, escaping poverty isn't a solo mission, it's a community climb. And who knows, maybe together we can find a way to turn that bumpy road into a smooth highway, open for everyone to cruise towards a brighter future.

[YOSHIE]

I trust you all get the sarcasm as conveyed.

In this life there are various things that we can see from an economic perspective on a person, there are many factors that can make someone poor or rich, what you said maybe yes that applies to most people if they do all of that, they still stay within the poverty line, butnot for some sultans.

* Many people I see buy things they don't need, but their wealth continues to grow, this applies to those who have several large businesses with a turnover of millions of dollars per day.

* I also see many people who give money to friends and relatives, but they don't look poor, quite the opposite.

The point is: if someone is destined to be poor, whatever they do, they will still be poor, and if someone is destined to be rich, whatever they do, they will still be rich, even if they do all the points above.

[itorai]

Do you think people naturally does all this to stay that poor?
No one will want to remain poor in their lives but the problems is most people fails to summon courage in everything they do because they all believed that everyone has a lifting days with a regular saying that says "God will make it one day", Tell me how God will make it when they fails to look for work and job that would produced to them, is it not same God that says " Show me they works of thy hands I will blessed you through thee". Yes, people who don't change their orientation would always remain poor in life provided they are feeding 3 square meal a day, they don't mind pushing harder or becoming Rich in their lives.

Many things can affect a person's financial condition including sites where a person is difficult to get a job so that it will affect his economic condition and will be an obstacle in meeting his needs.

[abel1337]

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 like how you give advices on this kind of approach. I hope no one follow the said things above as they want to get poor.

The listed things above are widely present on the people that belongs to the financially poor bracket. I know it because I been in that bracket. The mindset we should have should be the exact opposite in the list above. I honestly guilty in one of the advices there. Live on one source of income, I've experienced it and had been contented on that kind of state not knowing that one source of income is not how rich became rich. If we want to improve financially, living on a single source income should not be an option.

[SOKO-DEKE]

. 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.

To maintain financial stability, it's essential to control your impulsive spending when money comes in. Carefully allocating money promotes long-term financial security by enabling savings and investment opportunities. Furthermore, displaying a lifestyle above one's means in an attempt to impress others can result in debt and other financial difficulties.

. 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.

It's a great notion to have multiple sources of income because it's way more money can be coming someone. Think of it as having several tools in your toolbox to assist you with various jobs. Having multiple streams of income is similar to having a safety net. The other methods can help you if the first one doesn't work out as well. This is crucial because, although life can present obstacles at times, having a variety of income streams allows you to deal with such obstacles without becoming overly preoccupied with money. So, it makes sense to have multiple sources of income to avoid running out of money!

. 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.

If you make a habit of always giving or lending money to others every day, it might be challenging for you to succeed in life. This is because constantly helping people in this way can prevent you from saving money for the future or investing in different things. It's not that helping others is bad, but if you do it every day just to make others feel secure, it can keep you from getting ahead in life. It's important to find a balance between helping others and taking care of your own future by saving and investing wisely.

[famososMuertos]

In the complexity of life itself, not everyone can get out of that scheme proposed in the OP, however, there comes a time in life when you have to say no to a permanent job.

Hence, must seek income, and for that it is not necessary to be an employee, but although your words are very well directed, they are still the typical inspiring message, since leaving the traditional scheme is not easy, but the transition can be made.

So, the issue is how long you are in those stages, to reach the point where you do not depend on a salary but on a good income.

Stages (aged):
+18 So, cool.
+30 ideal.
+40 Well done.
+50 and it's getting late...

[CageMabok]

Many things can affect a person's financial condition including sites where a person is difficult to get a job so that it will affect his economic condition and will be an obstacle in meeting his needs.

That is why everyone must have intelligent thinking in seeing every job opportunity that does not necessarily have to be in their own environment. Examples include jobs such as blog writers and content creators which rely more on the internet network apart from accurate data presented to readers or viewers on the platforms we use. This means that work is no longer limited to the surrounding environment, but as long as someone has ideas and the willingness to work anywhere, of course that person will have a job that is even much better than the work in their own environment.

[franky1]

i recently seen someone do a frugal challenge. it went like this

originally they accounted their income and outgoings and only afforded $50 a month to invest
and so this is what they changed:

stage one. make a shopping list of groceries
their total normally $300 (large family)
they found unbranded replacements and got total down to $230
they used vouchers/discount codes and got total down to $200(10%-15%-20% off offers)
so they still ate the same selection of food. just cheaper

stage two
their single neighbour had disabilities so was spending $50 a day on fast food for 2-3meals ($350 a week) due to inability to self cook/grocery shop
the frugal person used their own $100 saving to buy ingredients to make home made versions of fastfood but offered it to neighbour ready cooked for $250 a week
turning the $100 saving into $250 for them. and saving the neighbour $100, and better quality meals

stage three
then they invested it into market that were on the "low" of their 3-5year market history, thus having more upside of future growth

so instead of just looking at income and calculating bills and putting aside a $50 amount after lifestyle into investments. see if you can really generate some savings, use those savings to multiply it ... and then invest it

find a thing your neighbours/relatives want but spend too much on. and offer them better option for less

..
its not just about cutting costs to get more to invest..
its not just finding best investments to earn best interest on savings

but can you also multiply the savings before locking it into an investment to then accumulate interest

[Odohu]

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.

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.

It just surprise me how complex life can be. In my country, anyone who has $1,000 saved each month after all necessary expenses are paid is practically rich and belongs to the upper echelon of society. The minimum wage here is $30, very poor that even civil servants are living from hand to mouth.

I actually agree with you that credit card play a big role in making people poor. Without access to credits, humans are so adaptive that they can adjust to live within their means. The temptation to live above one's means start from access to credits... money that one do now have.

[erep]

The listed things above are widely present on the people that belongs to the financially poor bracket. I know it because I been in that bracket. The mindset we should have should be the exact opposite in the list above. I honestly guilty in one of the advices there. Live on one source of income, I've experienced it and had been contented on that kind of state not knowing that one source of income is not how rich became rich. If we want to improve financially, living on a single source income should not be an option.

I think the issue of one source of income should be the main priority at that point because anyone who has one source of income will not be able to reach the targeted economic level, but I have several tips so that you can get additional income to increase your monthly income, the first tip is by renting out assets such as rental cars, houses, shops and the second tip is that you can open services according to your skills, the third tip is investing in gold, bitcoin or others that can get passive profits. Everyone can use these tips to earn extra income, unless you are very careless in managing your finances so as not to set aside some savings for unexpected emergencies.

[AnonBitCoiner]

I think that not a single person wants to be poor and live a whole life without having money but there is so much inflation that a person cannot save money. There are some people who are spending on useless activities but they wants to make their family happy so they wants to fulfil all their dreams as a result of which their own dreams and money saving remains a dream.

Everyone wants to earn from different ways but actually there is a need of money for it and those who have no job are coming towards online earning which is not guaranteed always so I think there is not a fault of humans but sometimes situations are unfavorable that your luck does not help you.

[Obari]

Say that to women to get a better replies.

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.

lol guess are always funny with their response but I think we shouldn’t point fingers at them as sincerely anyone can be a victim of the op as most times, we commit these blunders unintentionally and most times we also end up with no other choices but to help or commit those blinders op already listed.

Your third point is a perfect reason to squander  and it has been a perfect reason for a lot of people and some will even tell you that, there isn’t any reason to die saving as the next of kin might squander all you’ve labored for after you die and this has also been proven true in some cases.

In essence I’m just saying we shouldn’t point fingers or call names as anyone can be a victim😂

@op you did a great job and I do love the sarcasm as a word should be enough for the wise right ?

[Zoomic]

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.

People out there don't really care about you, once you present yourself to them like a cheerful giver, they will stop at nothing till they milk you dry. And when the economy goes hard on you, only few people (I.e if you are lucky) will stay with you till the very end. People often say "givers never lack" , this is one of those numerous misleading quotes.  Givers really do lack! Especially when they spend more and earn less, they will definitely go broke.

It is better to spread good opportunities to people where they can work and earn money by themselves instead of giving out from your personal account. With this, you will be helping to reducing the number of dependent people around you and give yourself some breathing space too. How long will you keep footing other people's bills? Humans will always be Humans, they will come back for more once you make yourself available.