Things to avoid if you want to be rich.

[SamReomo]

Out of all those mentioned things I could say that procrastination is going to be on the top. Most people do not get rich because of that procrastination, not only getting rich but they also can't get anything in life because of that procrastination.

Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.

[CryptopreneurBrainboss]

Most of these theories are pushed by people who are not even rich, this is the reason I have reduced how much information I consume about motivational speakers.

You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than  them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.

Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.

You can be working hard while someone that's working smart will become wealthy while you're still killing yourself with hardwork. Hardworkers are the 9-5 workers and that's an older way to be rich. We should be working smarter and utilize the time we have for multiple sources of income and become Investors with the money we get from the works.

[skarais]

~~~

You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than  them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.

Some of them share their experiences on their success journey with others, but maybe they don't want other people to be as rich as they are. Some rich people are afraid when someone else can compete with them, but some others are not afraid at all and they are actually happy when someone else appears and is successful.

There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways.  The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.

[Albarq]

Some of them share their experiences on their success journey with others, but maybe they don't want other people to be as rich as they are. Some rich people are afraid when someone else can compete with them, but some others are not afraid at all and they are actually happy when someone else appears and is successful.

There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways.  The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.

On the way to success, it is indeed better for you not to tell anyone, that is the best because people's nature will change quickly, especially when they see the success you have achieved. It is always necessary to be positive and not to highlight your life too much to others, indeed we must learn a lot from the experiences of people who have successfully taken a stance in managing their companies.

[Egg Rolls]

Procrastination: I call this the slow killer of destiny, it has caused setback for many people, there are some life changing opportunities that occurs just once and many have failed to seize it, why? Cause of Procrastination. Well, one of the best ways to tackle it is to set target, implement your goals and work towards actualizing it.

 Wrong circle of friends: Your circle of friends could determine your level of success, there's this advice my dad always use to motivate us, he said a poor person in the circle of five rich people is a potential rich person, and that's cause the person would get informations or help from other friends to elevate him/her. One mustn't only consider rich friends but atleast your circle of friends should be with people who's got the mindset of acquiring wealth and are working towards achieving it.

 Fear of failure: The fear of failure has caused setback to many people, once someone kill there fears and go into a business, investment or project with the mind-set of success such person is bound to succeed so far they're working hard enough but once fear is entertained it could cause the person to easily give up on actualising their dreams.

 Fear of risk taking: Taking risk could be harmful if not calculated but not taking risk is even worst cause their are many opportunities involved in taking risks, a good percentage of successful people today are risk takers, so I believe the journey to success still requires taking risks.

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

Health, family and personal growth. After all, true wealth is not only reflected in the number of bank accounts, but also in the overall happiness of life, but this is difficult to achieve, and many people cannot afford to be too busy with life.

[imamusma]

~~~

You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than  them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.

Some of them share their experiences on their success journey with others, but maybe they don't want other people to be as rich as they are. Some rich people are afraid when someone else can compete with them, but some others are not afraid at all and they are actually happy when someone else appears and is successful.

There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways.  The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.

There are many roads to Rome, this expression is very relevant to the purpose we are discussing now. Those who share success tips do not say that they must follow, but they only open our insights and thoughts with the options they teach. Of course we must have our own filters in filtering the information conveyed, in fact the secrets revealed are not secrets, sometimes people expect too much. In my opinion, successful people who share tips with many people through various media have a personal branding goal, and indirectly they want to have a community that they can direct for the sustainability of their business. However, there is always useful information that we can get from them, take what suits our needs.

[Casdinyard]

Procrastination: I call this the slow killer of destiny, it has caused setback for many people, there are some life changing opportunities that occurs just once and many have failed to seize it, why? Cause of Procrastination. Well, one of the best ways to tackle it is to set target, implement your goals and work towards actualizing it.

 Wrong circle of friends: Your circle of friends could determine your level of success, there's this advice my dad always use to motivate us, he said a poor person in the circle of five rich people is a potential rich person, and that's cause the person would get informations or help from other friends to elevate him/her. One mustn't only consider rich friends but atleast your circle of friends should be with people who's got the mindset of acquiring wealth and are working towards achieving it.

 Fear of failure: The fear of failure has caused setback to many people, once someone kill there fears and go into a business, investment or project with the mind-set of success such person is bound to succeed so far they're working hard enough but once fear is entertained it could cause the person to easily give up on actualising their dreams.

 Fear of risk taking: Taking risk could be harmful if not calculated but not taking risk is even worst cause their are many opportunities involved in taking risks, a good percentage of successful people today are risk takers, so I believe the journey to success still requires taking risks.

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

You also have to avoid living beyond your means when you're just trying to make it. It's one of the biggest mistakes that people commit when they're just breaking it into the poverty line towards middle or upper class. They start buying shit they don't need, subscribing to stuff that they don't have to, and basically upgrading their lifestyle when they haven't figured out their finances yet. They also become very generous, thinking that the money's never gonna stop and they could always just make it back as soon as they spend it.

Before they know it, they lost their source of income, they have no savings, and the people they once tried to please with gifts and favors are nowhere to be found. So yeah, be frugal, know how to budget, and when you're just trying to make it, live humbly.

[SamReomo]

You can be working hard while someone that's working smart will become wealthy while you're still killing yourself with hardwork. Hardworkers are the 9-5 workers and that's an older way to be rich. We should be working smarter and utilize the time we have for multiple sources of income and become Investors with the money we get from the works.

Well, that's also true but again there's no substitute for hard work. Hard workers need time but they always get success and become richer than others. I know some people who are lucky can work less smarty but still get success and rich but those people are very few in number. Hard workers often face tough times in their lives but in the end they are the happier ones.

[dezoel]

Most of these theories are pushed by people who are not even rich, this is the reason I have reduced how much information I consume about motivational speakers. I can say I am self motivated because I'm really learning from my every day life. It is even rumored that rich people rarely share the secret of how they became rich as that is treated as confidential information else people will use it and kick them out of business. The most important thing is to understand what you want and then go for it with everything you've got, you need no motivational speaker because "difficult times make strong people". If you are pushed to the wall by nature, that is if you so much desire to be rich, you will respond accordingly.

Indeed, everyone's advice is not right and life cannot be lived by following everyone's advice and we don't necessarily need advice or motivation to achieve success. We make the standards and principles of living ourselves and follow them. It is impossible to follow the path shown by others for a long time, but I do not deny that motivational speakers and encouragers impact our lives. It doesn't matter if we have someone to encourage us in our life, we don't give up easily.

People who have legitimately earned money and gained wealth show it through their legitimate earnings, but many people who get rich by following wrong methods mostly follow their own whims. I also agree with the fact that they hide the story because they fear that if time finds out how they got to this point, their position may be taken away from them.

It is very difficult for a person earning a modest salary or living a modest life to progress very quickly, but if one does not lose heart and continues to work hard, he will surely achieve success one day. The more we work hard to live a good life, the more we can make the best of our lives.

[Majestic-milf]

 Things to avoid to become rich; avoid joining the bandwagon. We are created uniquely and differently and as such it's not always that you do what others are doing that would ensure your wealth because if you check all these rich people we are hearing about now, they decided to think outside the box and created something for themselves. It's easy to grow your wealth when you engage in a business no one has thought of because then there'd be no competition, but that doesn't mean you'd take advantage of that to control the market.
 Procrastination is what most have talked about here and I will still mention it because this seemingly harmless delay of something can cost you a lot being that the time you should have achieved things, you'd want to "rest" or as people try to deceive themselves " plan well". Time waits for no one and every little space you see, you utilize it.

[Plaguedeath]

Getting rich is not generally about luck, though luck plays a role but hardwork plays a bigger role, self motivation, discipline, risk taking and many others still got their roles to play for one to acquire wealth, according to a research I made, it says to become rich one has to learn, earn, spend wisely, invest and also avoid being in debt too often so I put it to you that there are rules to becoming rich.

Imagine someone earn $10K per month and he saves $1K every month. After 10 years now he have $144K, he choose to resign and open a business with all of his savings, he's working hard for 3 years to make his business to survive, but he ended up bankrupt.

The guy has being discipline for 13 years, taking risk to open business and hard work, yet he didn't get rich.

Being rich doesn't mean you have to work hard, but it's more on you have to work smartly so you can take advantage every opportunity that comes in front of you. While taking risk is the first thing to do, however learn to take things at your own risk. Know your limits and your potentials so you won't keep beating around the bush but go straight to the point where your goal is.

In order to work smart you must work hard because if you have experience in something you mastered, you will know how to solve it quicker than before. Taking every opportunity require you to work hard since you need to spend more time than before.

[serjent05]

@OP the top of the list that should be avoided is overspending.  No matter how a person applies all the knowledge about acquiring wealth, and is circled with lots of rich people if he can't manage his acquired wealth properly, he won't become/stay rich.

Overspending will exhaust the person's accumulated wealth easily especially if he spends more than what he acquires monthly.  Between the person who procrastinates but knows how to spend his earnings wisely and the person who does not but overspends each time he receives his paycheck, I am sure that the person who procrastinates will be way richer than the one who does not. I am not saying procrastination is a good thing but this simply show the severity of overspending over other factors that kept us from gaining and preserving wealth.

So I think before mentioning other things to avoid, the person who aims to gain wealth and become rich must first understand that overspending should be the first one to avoid.

Getting rich is not generally about luck, though luck plays a role but hardwork plays a bigger role, self motivation, discipline, risk taking and many others still got their roles to play for one to acquire wealth, according to a research I made, it says to become rich one has to learn, earn, spend wisely, invest and also avoid being in debt too often so I put it to you that there are rules to becoming rich.

Imagine someone earn $10K per month and he saves $1K every month. After 10 years now he have $144K, he choose to resign and open a business with all of his savings, he's working hard for 3 years to make his business to survive, but he ended up bankrupt.

The guy has being discipline for 13 years, taking risk to open business and hard work, yet he didn't get rich.

In this story, I think the fault lies on the person who established his business.  There may be some gap on his decision or possibly, his skill is not inline with the business he opened. There are lots of possibilities but I think it is more on the connection, skills, and choice of people around him.  Critical thinking and making decision on each situation are also important.  There are lots of factors that contribute to a business's success like strategic planning, proper financial management, good service and product quality, etc.. and missing some of them can lead to bankruptcy.

Being rich doesn't mean you have to work hard, but it's more on you have to work smartly so you can take advantage every opportunity that comes in front of you. While taking risk is the first thing to do, however learn to take things at your own risk. Know your limits and your potentials so you won't keep beating around the bush but go straight to the point where your goal is.

In order to work smart you must work hard because if you have experience in something you mastered, you will know how to solve it quicker than before. Taking every opportunity require you to work hard since you need to spend more time than before.

I think in order for working smart to take effect, it should be coupled with working hard.  Working hard and working smart are two different things, they can produce a synergized effect if combined.

[Alpha Marine]

All these are basic things that people already know. Fear of failure, fear of taking risks, and procrastination are all things everybody knows they should avoid but these things come in different ways that you might not even know when you're falling for any of them.
The thing is you can avoid these things and still not be rich. What I mean is, that these are not the only ingredients you need if you want to be rich. Most times I see people talk about things to do in order to be rich, yes, I agree that there are general things you can do if you want to be rich, but I don't believe there is a pathway to it that everybody must follow.
Theres no point in not being afraid of failure when you don't learn from your mistake and thing outside the box. If you don't do that you'll just keep failing time and again. So like I said there is no set out pathway.

Lack of fear of taking risks has wrecked some people and has made so many people so saying people shouldn't be scared of taking risks is not as simple as it sounds. I am tempted to say it should be calculated risk, but even calculated risks go to shit, so again, it is not that simple.

[Minor Miner]

Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.

You can be working hard while someone that's working smart will become wealthy while you're still killing yourself with hardwork. Hardworkers are the 9-5 workers and that's an older way to be rich. We should be working smarter and utilize the time we have for multiple sources of income and become Investors with the money we get from the works.

Choice is more important than effort. If we choose the wrong path, choose the wrong career and cannot maximize our potential, hard work and effort will never lead us to success.

People always advise each other to work hard, which is not wrong if we want to have a better life. But just working hard is not enough for us to become rich and that is why some people work hard until they die without escaping poverty.
Getting rich is never an easy path and each person will have their own path to success, so always stand up every time you fall and find your own path. Don't just imitate other people's success.

[Chilwell]

Lack of fear of taking risks has wrecked some people and has made so many people so saying people shouldn't be scared of taking risks is not as simple as it sounds. I am tempted to say it should be calculated risk, but even calculated risks go to shit, so again, it is not that simple.

Take rick is the only way to survive in this world but the risk have be calculated risk, some people misunderstood the taking of risk, you found a young man having thought of becoming a rich man and since he's aware that to make it in life is all about taking risk then he will decide to take a risk in borrowing 100% of the capital for business thinking maybe he can manipulate and succeed but unfortunately it doesn't work that way, am a fans of borrowing money for business but I don't used that process and I will not advise any beginner to follow that way, those way are made for people with huge capital and aslo ventures in many things, anytime new business show they went and borrow money to start that particular business then depending on their existing business to be servicing the loan they took to fund this new one.

[$anounimus$]

Choice is more important than effort. If we choose the wrong path, choose the wrong career and cannot maximize our potential, hard work and effort will never lead us to success.

People always advise each other to work hard, which is not wrong if we want to have a better life. But just working hard is not enough for us to become rich and that is why some people work hard until they die without escaping poverty.
Getting rich is never an easy path and each person will have their own path to success, so always stand up every time you fall and find your own path. Don't just imitate other people's success.

In my opinion everyone will want to be rich but the way to get there is also different. There are many things, obstacles and sacrifices and that is very normal. But in achieving that I always ask the extent to which the rich standard you want to achieve? In my opinion it does not need to be a target because if someone is really diligent and tenacious in his work then he will be able to enjoy the pleasure of life. So this life must be carried out fully with art.

[Nothingtodo]

There are some wrong decisions in life that if you don't move away from, you will never be able to improve your life.  One of the most bad decisions is suffering from indecisiveness and making mistakes in making the right decision. If you don't have confidence you will never establish yourself and if you don't have the mindset to work hard you will never progress in life. If you don't have the educational qualification then there is no problem but if you don't have the mindset to work and the will to establish yourself then you can never make yourself a rich person.

[irsykes]

@OP the top of the list that should be avoided is overspending.  No matter how a person applies all the knowledge about acquiring wealth, and is circled with lots of rich people if he can't manage his acquired wealth properly, he won't become/stay rich.

Overspending will exhaust the person's accumulated wealth easily especially if he spends more than what he acquires monthly.  Between the person who procrastinates but knows how to spend his earnings wisely and the person who does not but overspends each time he receives his paycheck, I am sure that the person who procrastinates will be way richer than the one who does not. I am not saying procrastination is a good thing but this simply show the severity of overspending over other factors that kept us from gaining and preserving wealth.

So I think before mentioning other things to avoid, the person who aims to gain wealth and become rich must first understand that overspending should be the first one to avoid.

Getting rich is not generally about luck, though luck plays a role but hardwork plays a bigger role, self motivation, discipline, risk taking and many others still got their roles to play for one to acquire wealth, according to a research I made, it says to become rich one has to learn, earn, spend wisely, invest and also avoid being in debt too often so I put it to you that there are rules to becoming rich.

Imagine someone earn $10K per month and he saves $1K every month. After 10 years now he have $144K, he choose to resign and open a business with all of his savings, he's working hard for 3 years to make his business to survive, but he ended up bankrupt.

The guy has being discipline for 13 years, taking risk to open business and hard work, yet he didn't get rich.

In this story, I think the fault lies on the person who established his business.  There may be some gap on his decision or possibly, his skill is not inline with the business he opened. There are lots of possibilities but I think it is more on the connection, skills, and choice of people around him.  Critical thinking and making decision on each situation are also important.  There are lots of factors that contribute to a business's success like strategic planning, proper financial management, good service and product quality, etc.. and missing some of them can lead to bankruptcy.

Being rich doesn't mean you have to work hard, but it's more on you have to work smartly so you can take advantage every opportunity that comes in front of you. While taking risk is the first thing to do, however learn to take things at your own risk. Know your limits and your potentials so you won't keep beating around the bush but go straight to the point where your goal is.

In order to work smart you must work hard because if you have experience in something you mastered, you will know how to solve it quicker than before. Taking every opportunity require you to work hard since you need to spend more time than before.

I think in order for working smart to take effect, it should be coupled with working hard.  Working hard and working smart are two different things, they can produce a synergized effect if combined.

right, avoid this unnecessary waste often done to fail in achieving a target. should be prepared in terms of material, because this world is harsh for middle class people for me must be mentally prepared and fight with work, disciplined time if you want to be rich. but for me accepting conditions with sufficient circumstances every day is more grateful because there is no shortage. and the mind is comfortable the body is healthy

[Churchillvv]

You can avoid all this do all you can and never be rich. it's as simple as that just find one thing you are good at fucs on it and do it over time even when you don't feel like doing it and watch yourself explode. it's just the rule of consistency once you find your goal in life stay consistent on it and your luck will shine one day. perhaps what I'm saying in essence is that just following the rules doesn't make you any better or doesn't guarantee that you would be rich but it does help on your way to succeed.

I can also say life is spiritual, you have to be rich your mind, spirit and mentally to succeed in life hence reading and other things like meditation are also very necessary for getting rich because in quite times that's where ideas are born.

[Jody.Drummer]

In my opinion everyone will want to be rich but the way to get there is also different. There are many things, obstacles and sacrifices and that is very normal. But in achieving that I always ask the extent to which the rich standard you want to achieve? In my opinion it does not need to be a target because if someone is really diligent and tenacious in his work then he will be able to enjoy the pleasure of life. So this life must be carried out fully with art.

many things to consider in this, being rich is certainly everyone's dream, many people work without looking at time just to survive. besides that for those of us who want to be rich must be able to eliminate bad habits such as wastefulness which is more expenditure than income, people tend to buy what they want not what they need, and this is one of the problems that I think often occurs in society.

as in the blog that I read there are many points that must be considered to become rich, and one of them is wastefulness, besides that self-confidence must also be mastered by ourselves. with self-confidence of course we will continue to be enthusiastic in doing things also by setting targets that must be owned. some people are lazy to move because they are trapped in a zone that makes them comfortable and people like this I think will not experience development for themselves.

https://www.newtraderu.com/2023/03/14/13-things-to-avoid-if-you-want-to-become-rich/