Post
Topic
Board Economics
Re: What Really cause poverty in an individual
by
DubemIfedigbo001
on 05/12/2024, 21:50:33 UTC
Initially I was thinking that people who are poor where due to lack of opportunities and the right environment for them to grow and develop themselves but today I heard a different view entirely I was told that poverty is what is inside of you so before you can become rich that you need to be rich inside of you, infact the person even said if you are poor inside of you even if you are given a $million that it will be a matter of time before that money will be wasted and you become poor again.
I believe this theory %100 to be true. We can see how many people where once rich and later become as poor as a begger, and there was no concrete reason for that. And it was just the act of being poor in mindset. Being poor in mindset is just not planning how to utilise money when it comes to them. In conclusion People who planned on how to utilise money before it comes, are rich people and those who has no proper plan for money before it comes are poor because they don't have good use or porpos for money.
Being rich and poor has less to do with the finances available to the person and more to do with the person concerned. If you want to be rich you must change your mindset to that of a rich person and work towards it. You should be more principled, detailed and be ready to take advantage of opportunities when you see one. The preparation entails upgrading yourself to attract riches, be ready to learn and unlearn until you position yourself to receive opportunities that would bring those riches.

I always say that there's a major difference between the rich and poor which is that the rich prepare themselves for opportunities, identify them and benefit from them while the poor are very reluctant to prepare themselves and miss series of opportunities to becoming rich thereby remaining poor.

Also when you're rich, it's easy to become poor if you drop the mentality that made you rich, get lazy and start thinking like a poor man.