6 reasons why you and many other people are poor.

Joyce

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1. They don’t act their income. People say money doesn’t buy happiness yet they spend to feel good. Broke people have cars and the latest iPhones. Because of this need to appear rich, they remain broke.

2. They don't increase their income. The only reason poor people don’t get paid more because the value they provide is limited. Anybody can be a shop assistant or receptionist but not everybody can think like a CEO. They don’t focus on improving their skills and value.

3. They have a victim mindset. When I write about money, I get many hate comments. Most of them say “You live the leafy suburbs” “You had it better”. But with this digital age, your county is not an excuse. The difference between poor and rich people is the later doesn’t make excuses.

4. They fixate on one solution. People think their promotion or a new business idea will make them rich. Not true. You also need to save and invest. Most people are trying to solve the money puzzle with one piece alone.

5. They have broke friends. When your friends always want you to spend money, it's hard to resist. Because Nobody wants to be called “cheap”. But this peer-pressure makes people waste their hard-earned money. They don’t understand that these friends won’t pay their future bills.

6. They don’t spend on improving. People hesitate when it comes to buying books, doing courses and coaches. But it’s the worst way to save. Good mentors can help you skip failures and earn more.
 

Brigit Kieni

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Even if one wasn't born wealthy, one still can accumulate wealth. Financial Literacy is a favour one would do to oneself to set one on a path to Financial Security.
 
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mrki_user

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There may be many reasons as to why a man or woman is poor. But, the main reason is that they don't know money management.
Sometimes can be in personal nature to. If your parents can't help you must invest your first money in stuff which others get it from their parents. Example, some parents pay driver license and buy smaller car. Other, like me for example, I need to earn money for all that so I was few steps behind in start.
 

JAYDAN22

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1. They don’t act their income. People say money doesn’t buy happiness yet they spend to feel good. Broke people have cars and the latest iPhones. Because of this need to appear rich, they remain broke.

2. They don't increase their income. The only reason poor people don’t get paid more because the value they provide is limited. Anybody can be a shop assistant or receptionist but not everybody can think like a CEO. They don’t focus on improving their skills and value.

3. They have a victim mindset. When I write about money, I get many hate comments. Most of them say “You live the leafy suburbs” “You had it better”. But with this digital age, your county is not an excuse. The difference between poor and rich people is the later doesn’t make excuses.

4. They fixate on one solution. People think their promotion or a new business idea will make them rich. Not true. You also need to save and invest. Most people are trying to solve the money puzzle with one piece alone.

5. They have broke friends. When your friends always want you to spend money, it's hard to resist. Because Nobody wants to be called “cheap”. But this peer-pressure makes people waste their hard-earned money. They don’t understand that these friends won’t pay their future bills.

6. They don’t spend on improving. People hesitate when it comes to buying books, doing courses and coaches. But it’s the worst way to save. Good mentors can help you skip failures and earn more.
hard facts
 
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