Lifehack logo

5 HABITS THAT WILL KEEP YOU BROKE!

Want to continue this habit forever or stop it?

By AjibolaPublished 11 months ago 6 min read
1

Five Habits that will keep you broke

Now who am I? Am Ajibola Oladunjoye and an enthusiast with a love of writing from experience and research. So please kindly read this article through if you are here

From the ages of 16 years to 40 I know that within the next five years, if you listen to these points with diligence, you will be a multi-millionaire because you are already reading articles such as this… so without further ado let's get straight into this 5 talking points properly.

1. Firstly, Broke People Do Not Budget Their Money, instead of spending their money on appreciating items they spend their money on depreciating items. The moment they get their salary at the end of the month Walmart becomes a necessity.

That t-shirt they were looking at, automatically becomes a necessity. You get into as that you get into Cesco and you just find people putting things into the basket putting your things into the trolley putting things into the trolley as if they have the money to sustain themselves for the rest of the month now if you watch a very popular show by the name of shark tank or Dragons Den you have billionaires and multi-millionaires who have successful companies. someone will enter the Shark Tank by requesting a 50,000 investment… these investors will invest them lower and lower and yet they are billionaires why? because rich people budget their money they do not spend their money recklessly.

2. Your Friendship Circle:

Rich people only have networks instead of friends.

Broke people have friends while rich people have networks. Have you ever heard of a thing called poverty by association? If you have four broke friends you are destined to be the fifth broke friend because all discussion four broke friends are going to talk about is negative things, and their attitude will be very suckish; this leads to your attitude also being shaped after their character. is the same way you can have a married woman with a group of single friends… what do you think their conversations are going to be like? There was an experiment done where scientists and researchers got a group of flies placed them into a jar and sealed the jar, now the flies in the jump could only fly up to the maximum height of the jar now when the seal was removed although the thing preventing the flies from going higher was removed they still stopped at the point where the seal was previously placed on the jar the researchers who even went a step further instead of only removing the seal itself

They removed the whole job and when the whole job was removed the Flies continued to only get to the point where the seal was previously placed this means your environment can limit how high you go in life it can limit your success rate.

3. Broke People Have A Very Very Bad Attitude: Now when you change your attitude you change your altitude; you ever meet someone whose attitude and character are so bad you bring them a new business idea… you bring them what you are doing and their first predetermined reaction to your project is already to diminish whatever you are doing LOL! you need to stay away from this habit and this is something that is commonly found in broke people. Rich people have great attitudes.

Rich People Have Great Attitude

For instance, one famous example is someone that could have become a football legend Mario Balotelli, he was on his way to being consecrated as one of the greatest players of all time previously playing at Liverpool FC, Manchester City FC, and other famous clubs but with every single Club he went to soon after he was kicked out because of his Infamous bad attitude both on and off the pitch. Imagine if his attitude was great where would he be now I guess we'll never know.

4. Broke People Never Plan For The Future They Live In The Moment: Never listen to someone that says “Oh I just live in the moment” Get away from that person that person is a liar they are worse than a Forex Trader.

Okay, have you ever heard of the term you only live once? (YOLO YOLO - You Only Live Once) Okay, that is very true you only do have one life but it's not about having one life - it's about what you do with that one life.

Broke people never plan for the future they never make clever Investments, and all they are focused on is the now; they don't know how they're going to sustain themselves when month end comes. They're not worried about such, they're worried about today - they live day to day never thinking about what is ahead but as for rich people they think years ahead.

If you want to know what's going to happen to the economy financially, look at where these billionaires and multi-millionaires are placing their Investments, during the COVID pandemic, one of the richest people on the Earth “Bill Gates” before the pandemic even hit he decided to invest his wealth in land because he knew that after the epidemic, land would be very scarce look at what he did he invested in the future. If you want to be rich you have to invest in the future broke people live from paycheck to paycheck as soon as they get the money they are online shopping; as soon as the end-of-month check comes in they are on that website.

You have heard people that we call Window Shoppers, every single time they're on TikTok looking at new gadgets, look at new gizmos, looking at new items, looking at new clothes, saving them and browsing and saving all these clothes that they know they can't afford.

Shopping

Saving all these products that they know they don't have the money for and as soon as one thing happens; you already know where that money is going because they're buying everything and anything and yet they do not have sufficient funds to cover those purchases.

Imagine buying a T-shirt for around 200 pounds and yet your monthly income is around 1,000 pounds which means 20 percent of what you get monthly has already been depleted because of bad spending habits.

So broke people spend their money as soon as they get it but rich people spend their money on Smart Investments, just to add further there are many rich people that do spend their money as soon as they get it but they spend their money in Investments, they invest their money while broke people go from paycheck to paycheck never investing in the future and the last bonus point for this article.

5. Broke People Blame Others For Their Financial Position: You ever heard someone say “oh no I can't do that business - I can't do that because of the location I'm in and you find someone a millionaire that has made it in that exact location someone said ‘oh no I can't do this because of where I'm from’ and yet there are millionaires and billionaires from where they're from. Oh, I can't do it because I'm disabled yet there are people making it in the Paralympics but broke people always try to find someone else to blame for their problem they will blame their mother, blame their cousin, blame their father, blame their half-sister, this is what broke people do.

Do not be like broke people but as for rich people, rich people are not bothered about problems instead they find solutions; they will never blame someone else for the position that they are in. They will find the solution.

My name is Ajibola Oladunjoye, if you find this article interesting and have gotten valuable information, make sure to hit it up with a LIKE and COMMENTS down below.

Remember those who say it can't be done should get out of the way of those that are doing it.

See you in my next article... thanks and remain blessed!

Ajibola

Oladunjoye

photographysocial mediaschoollisthow tohealthclothingbook reviews
1

About the Creator

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.