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Author Topic: What Really cause poverty in an individual  (Read 1378 times)
Helena Yu
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December 06, 2024, 07:59:41 AM
 #201

This is different if you live in third world countries, even you have earn the minimum salary, you're struggling to meet ends your needs.
I live in a so-called third world country, and what is called the minimum salary here is far from the minimum you must have to survive. I don't actually know anyone who lives only on a minimum wage, so little it is (approximately 100 USD, even a bit less). People who earn that kind of money usually have to search for some other wage as well, or they have to count on their relatives to help them. Because it is just impossible to survive inly for that wage.
These people have miserable lives.

We supposed to eat small portion of carbs and big portion of vegetables, protein etc 3 times in a day. While most of them doesn't care with vegetables and protein, all they care is the food make them full and they only eat 2 times in a day.

Not to mention they live in a place with bad environment, lack of facilities, bad air condition etc.

They almost have no chance to change their live, like you said earning $100 doesn't even enough, but they have work for 12-14 hours in a day, then how they can learn new skill if their first job have consume all of their energy and time? it just impossible.

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December 06, 2024, 08:20:19 AM
 #202

For example, daily reading of literature. As far as I know, rich people read a lot and try to allocate several hours a day for this.

Funny. I read a lot myself, because I like it, but I didn't get rich. And in general, I do not know of any example of a person getting rich from reading. However, I suspect that an explanation has already been thought up for this: "you read the wrong way, you read the wrong thing, you don't read enough, etc."  Cheesy
You need to know only one simple truth: the rich are rich only because the poor are poor.


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December 06, 2024, 09:14:24 AM
 #203

For example, daily reading of literature. As far as I know, rich people read a lot and try to allocate several hours a day for this.

Funny. I read a lot myself, because I like it, but I didn't get rich. And in general, I do not know of any example of a person getting rich from reading. However, I suspect that an explanation has already been thought up for this: "you read the wrong way, you read the wrong thing, you don't read enough, etc."  Cheesy
You need to know only one simple truth: the rich are rich only because the poor are poor.

This depends on the type of books you read and your goals, as well as how you apply that knowledge to your life. Just like people with high education and degrees, there is no guarantee that they are talented, will get a high-paying job and become rich. It all depends on each person's skills, strategies and how they apply their knowledge to produce different results.

But honestly, reading books brings us a lot of benefits. I find that people who read books regularly have better thoughts, ideas and strategies than people who do not read books regularly and have low knowledge.

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December 06, 2024, 09:23:32 AM
 #204

For example, daily reading of literature. As far as I know, rich people read a lot and try to allocate several hours a day for this.
Funny. I read a lot myself, because I like it, but I didn't get rich. And in general, I do not know of any example of a person getting rich from reading. However, I suspect that an explanation has already been thought up for this: "you read the wrong way, you read the wrong thing, you don't read enough, etc."  Cheesy
You need to know only one simple truth: the rich are rich only because the poor are poor.
To make it simple, there's no formula to get rich, hence following or copying their activities will not make you rich.

The rich people mentioned if they spend a hour for reading every day, but they forgot to mention if they born from rich families, they lucky to be accepted on ivy league, they lucky if their business went successful etc.

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December 06, 2024, 09:45:18 AM
 #205

For example, daily reading of literature. As far as I know, rich people read a lot and try to allocate several hours a day for this.
Funny. I read a lot myself, because I like it, but I didn't get rich. And in general, I do not know of any example of a person getting rich from reading. However, I suspect that an explanation has already been thought up for this: "you read the wrong way, you read the wrong thing, you don't read enough, etc."  Cheesy
You need to know only one simple truth: the rich are rich only because the poor are poor.
To make it simple, there's no formula to get rich, hence following or copying their activities will not make you rich.

The rich people mentioned if they spend a hour for reading every day, but they forgot to mention if they born from rich families, they lucky to be accepted on ivy league, they lucky if their business went successful etc.
Reading or increasing knowledge every day is one way to become rich, but to follow it, we don't just do that because there are so many things that someone has to go through to become rich.

There is no formula for becoming rich and we can't follow someone's steps to become rich, but there is motivation that we can get so that we can also become rich and hard work is one of them.

Remember that in this world there are not many rich people, many people are just enough so we only need to be enough and not be poor, that's enough.

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December 06, 2024, 12:33:01 PM
 #206

For example, daily reading of literature. As far as I know, rich people read a lot and try to allocate several hours a day for this.
Funny. I read a lot myself, because I like it, but I didn't get rich. And in general, I do not know of any example of a person getting rich from reading. However, I suspect that an explanation has already been thought up for this: "you read the wrong way, you read the wrong thing, you don't read enough, etc."  Cheesy
You need to know only one simple truth: the rich are rich only because the poor are poor.
To make it simple, there's no formula to get rich, hence following or copying their activities will not make you rich.

The rich people mentioned if they spend a hour for reading every day, but they forgot to mention if they born from rich families, they lucky to be accepted on ivy league, they lucky if their business went successful etc.

That's right. In general, there is nothing easier to be rich - you just need to be born into a rich family.  Grin

By the way, poverty, as a social phenomenon, is far from harmless to the fate of society and the state, and should not be perceived as necessary at all. Even scientists write about this in books, for example, there is a book by Thomas Piketty "Capital in the Twenty-First Century".


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December 08, 2024, 03:40:41 PM
 #207

Basically in life everything will always be adjusted, such as in the world of work, when your skills and abilities are mediocre in the sense that you have no advantages over others, then your boss will always place you in a suitable position with a salary that has been determined for that position, we must understand that the amount of salary you get depends on the quality you have in yourself, the company pays for the results of your work, there is no free lunch. The point is that everything you will get is according to how much hard work you have done or how far you have gone, there is no luck in the world of work, if you want to get more money from the company then you have to work twice as hard as the work done by other workers.
And that is depending on supply/demand as well. While if you do a horrible job the pay should be horrible too, if your employer can't find an alternative to you, someone better, because there is no demand, then you will end up getting paid better. Because if they fire you for being horrible at your job, they may not be able to hire someone better than you, they may get someone even worse. That doesn't happen that commonly, you know what happens more commonly?

We end up having great people which should be paid great, but they get paid a lot less than what they should, when in fact they have what it takes to take that company better, whereas we end up with a much worse situation because of how many people out there demanding the same job.



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December 08, 2024, 04:28:35 PM
 #208

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We end up having great people which should be paid great, but they get paid a lot less than what they should, when in fact they have what it takes to take that company better, whereas we end up with a much worse situation because of how many people out there demanding the same job.
That's right - those are the facts. Any company will have no difficulty finding a replacement who is better and loyal to the company if the previous employee is fired for whatever reason - this applies to all companies in my opinion, even government agencies. There are many people who are willing to accept the vacant position even at a lower salary than those who were fired - so that's why the company is never under pressure. Today you are fired - then today the company can find a replacement.

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December 08, 2024, 05:35:21 PM
 #209


We end up having great people which should be paid great, but they get paid a lot less than what they should, when in fact they have what it takes to take that company better, whereas we end up with a much worse situation because of how many people out there demanding the same job.
That's right - those are the facts. Any company will have no difficulty finding a replacement who is better and loyal to the company if the previous employee is fired for whatever reason - this applies to all companies in my opinion, even government agencies. There are many people who are willing to accept the vacant position even at a lower salary than those who were fired - so that's why the company is never under pressure. Today you are fired - then today the company can find a replacement.
This is a complicated situation, because on the one hand the work done is not comparable to the salary received, but for some people they do not have much time or they do not dare to start from 0. Well, this is related to mentality, in my environment there are more people with an employee mentality than with a business owner mentality. Even though no matter how small the business is, it will be ours. This is also related to education, where most people go to school with the idea of ​​finding work easily compared to creating jobs or building a business.

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December 08, 2024, 08:35:03 PM
 #210

Wasting money is one of the main reasons why some people remain poor up to date. The way they live their lifestyle is too expensive they spend money on unnecessary things. If the money some people are spending on things that are not necessary had been invested or used to start a business, they would not be where they are today.

The truth is, even rich people buy expensive items, but not things that are unnecessary. In fact, if someone wants to start using expensive things, it should be at a time when they have already built their wealth well, not while they are still in the process of building it.

Honestly, rich people always find ways to ensure their money continues to grow. That is why they always look for different sources of income and stop focusing on material things like some poor people do. Rich people are not overly focused on material things. Instead, they prioritize their investments and businesses, which is a significant difference from the mindset of many poor people.
Wasting money turns out to be a psychological thing. I wasn't really interested in the "why" part of it, but I have seen too many people around me who wasted money on very useless shitty things, like for example the most common one has been phones, mobile phones are VERY expensive in most parts of the world, I understand some American may buy the latest iphone without much issue, or a Swiss, or a German, but remember that majority of the world live in poverty compared to those wages, if you are making 3k a month, you are in 1% richest people in the world, most of us make 1k or less, so when a phone is 1.5k or even 2k with taxes, that means we can't afford it easily, when our wages are like 500 dollars at most, why would I pay 3-4 months salary into a phone.

But I was curious, because I saw everyone having the very latest ones, and the ones who were a bit poorer, got the previous one instead, when I know they are in big debt.


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December 08, 2024, 10:23:02 PM
 #211

An individual may have multiple reasons for their poverty, especially if a person does not work hard, then they will definitely have to live a life of poverty. If he does not have a proper balance between his income and expenses, he will definitely have to live in poverty. If he is a gambler and spends most of his time gambling, he will definitely have to suffer from poverty. If he adopts the right path to manage the family, i.e., spending more than the family's income, then he will have to face huge problems due to unplanned living. A person becomes poor individually usually due to not working hard and not implementing education properly, all these important reasons.
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December 08, 2024, 10:34:03 PM
 #212

You need to know only one simple truth: the rich are rich only because the poor are poor.

You are right in saying that one doesn't become wealthy by only reading, but what you said in the sentence I have quoted above doesn't make much sense to me. Can you explain what the poverty of some people has to do with the richness of other people? We often hear the phrase that the rich keep getting richer and the poor keep getting poorer, but that's a different analogy because when you are already rich, you can use your wealth to make more money, and when you are poor and economic situations keep getting worse, you become poorer.

We can blame the government, say there is a lack of opportunities, there is a lack of education and awareness and whatnot, but we can't deny the fact that none of these can bring financial equality in society. There will always be different financial classes and categories and different people will fall under different categories based on their achievements and financial gains.

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December 09, 2024, 04:10:53 AM
 #213

Look, I think one of the main reasons for poverty is laziness and reflection of thoughts.
glad you said ‘one of’ because i don’t think laziness is the sole reason for poverty

sure being lazy won’t do you any favor but being hard working doesn’t and will not guarantee you of wealth hard work does pay off but just how much? the answer is not that much for others so you can break your back working but not earn so much still while others may get lucky once and get rich forever

weird life
To be successful or rich hard work is not the only way, it also requires careful planning, which is what we call smartness. Another thing I think is very important is that if people do not just chase after money but pursue their skills, I believe that money will come to them.
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December 09, 2024, 06:18:40 AM
 #214

Look, I think one of the main reasons for poverty is laziness and reflection of thoughts.
glad you said ‘one of’ because i don’t think laziness is the sole reason for poverty

sure being lazy won’t do you any favor but being hard working doesn’t and will not guarantee you of wealth hard work does pay off but just how much? the answer is not that much for others so you can break your back working but not earn so much still while others may get lucky once and get rich forever

weird life
To be successful or rich hard work is not the only way, it also requires careful planning, which is what we call smartness. Another thing I think is very important is that if people do not just chase after money but pursue their skills, I believe that money will come to them.
Being wise on making up some decisions and trying out to enhance your skill on where you do make use of then this will really be that the best tandem on achieving success but there would really be that still other factors on which you will really be needing up to consider because achieving success isnt somethign so simple. When you are already that rich person and ending up on losing everything or being that on poverty situation once again then it is really just that because of the decisions that you had made out. People wont really be making up those realizations at the time that they are really on a touch situation. Making up some unwise decisions specially on spending into stuffs on which arent that important or simply with liabilities then this could really be that the main reason on why you do gradually becomes poor of such decisions. You are the ones who do make out such your own fate in regarding into your financial status whether you are good on handling it out or you will really be that careless on doing so.
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December 09, 2024, 07:56:28 AM
Merited by wmaurik (1)
 #215

To be successful or rich hard work is not the only way, it also requires careful planning, which is what we call smartness. Another thing I think is very important is that if people do not just chase after money but pursue their skills, I believe that money will come to them.

Currently, smart work by relying on skills must also be combined with hard work through enthusiasm and the desire to do it more consistently and more patiently. Because any skill will be in vain if someone is still lazy to move it in life or is still reluctant to start it so that the combination of smart work and hard work must be truly balanced so that the income we want does not feel so difficult to get even though it does not mean it can be very easy to come to us.

But the more reasonable thing we can always see is that intelligent people who still have a fairly high determination to work hard can still generate more income in their lives every year so that people like that are still worthy of being seen as an early example before we have skills and run something that can provide maximum results in our own lives.

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December 09, 2024, 06:16:41 PM
 #216

Look, I think one of the main reasons for poverty is laziness and reflection of thoughts.
glad you said ‘one of’ because i don’t think laziness is the sole reason for poverty

sure being lazy won’t do you any favor but being hard working doesn’t and will not guarantee you of wealth hard work does pay off but just how much? the answer is not that much for others so you can break your back working but not earn so much still while others may get lucky once and get rich forever

weird life
To be successful or rich hard work is not the only way, it also requires careful planning, which is what we call smartness. Another thing I think is very important is that if people do not just chase after money but pursue their skills, I believe that money will come to them.
Utilizing our preparation is the best way to get rich and that can take us to another level. The reason why many people will remained poor is before they are never prepared for opportunities. They only starts preparing when they see opportunity at their doorsteps. If we really want to become successful and escape poverty at old age, we need to start learning skills that will bring money to us. There are skills that  can earn us huge profits and we should be ready to learn them sparing time to focus on skills that will earn us huge profits in the nearest future.

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January 25, 2025, 04:45:35 PM
 #217

Look, I think one of the main reasons for poverty is laziness and reflection of thoughts.
glad you said ‘one of’ because i don’t think laziness is the sole reason for poverty

sure being lazy won’t do you any favor but being hard working doesn’t and will not guarantee you of wealth hard work does pay off but just how much? the answer is not that much for others so you can break your back working but not earn so much still while others may get lucky once and get rich forever

weird life
When I was very young I usually did not want to do the work that my parents and other family members gave me. But my hopes were always sky-high. So one day my grandfather called me and told me very calmly that if you want to improve in life or fulfill your hopes and aspirations you have to work. The most stupid people in this world are those who want to improve but do not want to do any work. So you have to move forward. You have to run, if you cannot do that, then you have to walk, if you cannot do that, then you have to crawl, but you have to move forward. Now if you have worked a little harder while moving forward but the results are not as expected then there is nothing to be disappointed about. Because by moving forward like this one day you will learn to be smart. So you have to be a hardworking man. If someone can be hardworking like this, then one day he will definitely learn to work smartly. And luck, after all lies in hard work.
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January 25, 2025, 05:36:28 PM
 #218

Some people start their lives poor, they find it difficult to break away from that poverty even if they dream big. Some people start rich but waste so much that they come to the streets eventually. So yes, the individual story is important of how they deal with the resources at hand to increase or decrease their existing wealth, whatever be the starting amount.

But whatever you try, poverty will exist because it is a relative term and some people will get rich at the cost of others - this imbalance is why people will work hard to get paid. Hence it is not necessarily a bad thing - but a reminder of the need to work hard and educate yourself to become better.

There're so many factors that can cause poverty or that has lead to poverty,these features and factors requires a comprehensive approach that'll reduce and also generate lasting solutions over the existing poverty criterias.Addressing poverty ranges from personal factors,economical factors,environmental and social factors.The ability to address the root cause of these things can generally subside and disconnect the stigma that's attached to poverty,whereby increasing self worth/peace.

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January 26, 2025, 11:25:10 AM
 #219

Poverty is a state of lack and not having something ( money, material, property) that is needed at that present point in time. Globally speaking poverty has been a major issues with the united nations general assembly even giving out time frame to end poverty and improve the standard of living of the world population especially in third world countries where the rate of poverty is higher.


Alot of things are in the verge of causing poverty in the life of an individual but most importantly failed planning for the future and laziness it's one irresistible factor that has hindererd alot of individuals and thereby making them poor and another fator I'll drive into is unemployment, cause of kon a norms this is one major reason we find most people being poor in the society.
Yes it's sure a a big problem in the world today cause most individuals fail to accept that without the help of the government or supports from anywhere they can actually do better, like they have failed to believe in themselves and this has been one limitations.

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January 26, 2025, 01:15:17 PM
 #220

Look, I think one of the main reasons for poverty is laziness and reflection of thoughts.
glad you said ‘one of’ because i don’t think laziness is the sole reason for poverty

sure being lazy won’t do you any favor but being hard working doesn’t and will not guarantee you of wealth hard work does pay off but just how much? the answer is not that much for others so you can break your back working but not earn so much still while others may get lucky once and get rich forever

weird life
To be successful or rich hard work is not the only way, it also requires careful planning, which is what we call smartness. Another thing I think is very important is that if people do not just chase after money but pursue their skills, I believe that money will come to them.
Utilizing our preparation is the best way to get rich and that can take us to another level. The reason why many people will remained poor is before they are never prepared for opportunities. They only starts preparing when they see opportunity at their doorsteps. If we really want to become successful and escape poverty at old age, we need to start learning skills that will bring money to us. There are skills that  can earn us huge profits and we should be ready to learn them sparing time to focus on skills that will earn us huge profits in the nearest future.
In any case, success requires a good plan first and steps are taken to implement the plan accordingly, then the chances of success are high. If a person makes a mistake in the plan, then he is wrong at the beginning. It can be difficult for him to achieve success.

A big difference can be observed in the behavior and habits of a rich person and a poor person.

The rich are hardworking. They work more than the poor. In most cases, a poor person does not wake up very early in the morning, he tries to sleep until it is time for his work. But a rich person wakes up early in the morning and arranges the work plans for the whole day. A study has shown that about 44 percent of rich people wake up very early in the morning. As a result, they get more time for their daily work.

Rich people prefer to work rather than talk. Whatever they start, they finish it within the right time. They don't waste time, but try to use it to their advantage. I think if the poor realize the important characteristics of the rich and try to change their characteristics, then any one can become successful.

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