Four Habits That Can Make You Perpetually Poor
Mike Ihezuo
What’s difference between the poor and the wealthy? Most people would say that rich people have more money than poor people.
Wow!
But the actual difference between the rich and the poor is not in how much money each of them has, but in the minds. The mind … the mind … the mind thing (say it to you, let it sink!).
It’s in how they see money (views) and the kind of habits and actions they make (what they do or think they should do) regarding money.
You need to read my book ‘THE TIME YOU’RE LIVIN’ IN: Living Successfully In The 21st Century’. I pieced it there. Order for it.
Someone once remarked that if all the money in the world was evenly distributed to all the people on earth, most of the money would still fall into the same hands of a few individuals (guess: you know – the rich, or the successful). Why? Wealth is a mindset, and so is poverty.
These are some habits that will make you perpetually poor – ever struggling and ever blaming the society and NEVER BLAMING YOU. They include but not strictly limited to these four (I say the rest in LIVE meetings):
1. Bad Spending Habits
Most poor people only think of money as something they can buy stuff with. People like this tend to rack up a lot of debt before their salary comes in. They are Mr, Miss, Mrs Shoppingson! – always shopping from Supermarkets, to boutique to … They also try to gamble, in the hopes that they will blow all at once. Mr BetTHIS and Mrs betTHAT.
If you’ve got bad spending habits, you’ll keep looking for money oo! Money tends to multiply in the hands of people that don’t waste it and try to multiply it. That’s one of the lessons we learned from ‘The Richest Man In Babylon’. Get that book. Go and start investment in one financial program or bank than taking a strange girl or concubine for shopping in name of forthcoming valentine day, Easter or Christmas.
2. You’re a Time Waster
Time wasting is definitely one of the habits that will make you poor. Yeah, you might think it’s fun to scroll through Twitter, Instagram, Facebook and others for hours and hours, liking and reposting content made by people who are earning thousands of $, €, £, ¢, ¥ and NGN for every post they make, but rich people know that time is a valuable resource and treat it that way.
Anytime you make a post, repost or forward, let there be expected business or financial gain that you’re provoking. Stop liking and following aimlessly. FB owner, Mark Zuckerberg don’t visit FB platform some days in a week (I learnt), and he visits not for ‘like’ but for business or corporate management.
3. No Investments or Side Hustle
You know you’re (already) thinking like poor person when you’re not thinking on how you can (legally) multiply your money. All you do is spend your income and wait for the next one to come in. You’re looking for trouble if all your eggs are in one basket.
Poverty is as a reality as dead is. So is success, failure, wealth and rich. Stop acting, acting as if you don’t know poverty is starring at someone.
4. Bad Savings Habits
People are generally advised to save at least 10% of their income, but most poor people will say that their income is too small to let them save. Rich people tend to save as much as 20% or more of their income.
If you’re a christian, don’t joke with your tithe before a devourer (Satan) devours your re-sources with sickness, troubles, cases, planlessness, loses and evils. After investing, create space for saving, no matter the matter.
Primary reason people and nations are poor is ‘LACK OF SAVING’. Our nation and continent is heavily indebted because of no or poor savings – every cash earned per month is shared, not saved. Don’t make that your personal habit!
TAKE HOME: ‘Walk away from poverty NOW.
