Quote from: Hanseihou on Today at 02:21:50 PM

Quote from: odunybiz on October 05, 2022, 12:17:41 PM

The rate of poverty keep increasing in most country especially as inflation strikes all natlions. One can move out of poverty even during inflation when necessary steps are taken. Most adults are broke because:

👉👉They are not proactive :Money never look for lazy people. You have to do something to make money. Being relax and so comfortable with one stagnant position, activate poverty. You must learn to move out of your comfort zone, be passionate and ready to bear a bit of discomfort to change things.

👉👉You do not value your time :You dont have regard for your time. You dont even value your time. Time is an important factor in life and how you use it or put it to use will determine the trajectory of your life. As an adult, you may remain broke for a long time if you play video games all day, sleep the whole time, literally while away time and spend time watching movies on a smartphone or gadget that could earn you money.

👉👉You dont have a skill :In this world that has now become a global village, you need a skill to thrive. Choose a skill, learn and learn, and implement it as you learn. Allow yourself to be taught by people who are experts in the field that you have chosen. A single skill can save you from poverty.

👉👉You are not teachable :Some people act like they know it all and would not take to corrections. Such people don't allow people who have gone ahead of them to show them the way. Then they start making mistakes and taking the wrong steps which could cost them heavily. You need guidance as an adult whose desire is to do away with being broke forever.

👉👉Failure to take action: This is a very key point. You may always attend seminars, read books and highly knowledgeable but always scared or too lazy to take action. You can be likened to a farmer who has the tools and necessary implements to work and make cultivation happen but just being lazy around while boasting that he has them. This can make any difference in his life. Taking necessary step can help to bring an end to one poverty.

👉👉Reckless spender: Some people spend anyhow. They spend money on unnecessary things. Every money that comes to them is for enjoyment. No saving, no investment, no planning of setting money aside with the aim of multiplying it. They spend it all on unrealistic cravings and frivolous activities. You are likely to remain broke as an adult if you lack self-control and spend recklessly. You need discipline if you are truly sure that you need financial.
https://tribuneonlineng.com/reasons-you-will-remain-broke-as-an-adult/

CONCLUSION
Most time we blame our government and economy for being poor. Although they contribute largely to the masses poverty but we also need to work on ourself to make a difference out of the bad economy.

Yeah, "Failure to take action" is important. Reading a lot of books does not change lives, action does.
Make the most of your time to find opportunities， Delayed gratification to accumulate enough money instead of always spending on useless things, so that you can have the ability to capture the opportunity when it comes

how long do you have to keep looking for opportunities? Opportunities come to those who have the ability, therefore because opportunities do not need to be sought because they will definitely come if they have the ability and knowledge. the analogy is like you won't buy BITCOIN if you don't know about BITCOIN and how to buy it, you won't have a chance to become a programmer if you can't use a computer.
I agree with what the OP said, increasing self-potential is something we have to do in order to survive and be able to compete in this hot world. If you are constantly looking for opportunities, you will never find them if you don't have any skills, reading books is one way to increase your knowledge and open your horizons for thinking. I totally disagree with your saying "reading books is a waste of time". do you not realize and see what he did on the sidelines of Elon Musk's time, even though he is already the richest person, but he still reads books to increase knowledge because he realizes that books are a source of knowledge.