Alarming Reasons Why Certain Individuals May Be Forever Broke

We need to be aware of some of the alarming reasons why certain individuals may be forever broke. This piece would set out the reasons why this set of identified individuals may be forever broke. 

One of the dominant dreams of virtually everybody is to attain a level of financial stability. To be able to afford all desired wants and needs, and control business dynamics while maintaining adequate cash flows.

No sane individual would aspire to poverty or dream of becoming the poorest of man on earth while begging for bread.

Nonetheless, I know the anguish of individuals suffering from the pang of a lean purse as depicted by George S, Clason in his evergreen book, “The Richest Man in Babylon”.

Similarly, I understand there is a global squeeze on job availability which is in stark contrast to the increasing population of graduates every year. Without mincing words, poverty can be contracted like a disease as things stand. 

Napoleon Hill, the author of “Think and Grow Rich” and the renowned Psychologist, Peter Drucker believe that poverty and wealth lie in thought – both are the reflection of mindset. 

Suffice it to say that the author of both wealth and poverty is shaped and processed by our minds daily.  

Therefore, this article is positioned to speak to four sets of people namely:

• Civil servants – Those reliant on Government’s monthly handouts
• Self-employed individuals
• Students, and
• Employees – Working in the capacity of employment subjugation, especially in the private sector. 

This piece is also applicable to anyone who craves constantly, a life of above average within the economic sphere. 

To that person who wants to check his bank account and give a bright smile for the pool of fortune, he is building, just like Akkad, the richest man in Babylon. 

While this article will not put money into your pocket in the immediate, it will, however, serve as a reflecting mirror. 

 The truth, however, is that this article is like a mirror. 

Just take a couple of steps down, read and you will see the big picture of yourself –it provides you a self-reflecting moment and why you should see the truth that the future holds for your present actions. 

Civil servants or those given to working for government agencies and the government direct, be it local state, federal or central government, should be conversant with the fact that the government is not in a position to bankroll any of their fantasy financial lifestyles. 

While this is not an advocacy for dumping the public service, those concerned need to start putting in place pragmatic steps to shore up their financial bases while making adequate preparation for their financial future. The question to the civil servant remains, are you going to continue like this or level up? 

This applies to those who are employed in the services of the private sector. Time and tides wait for no one. plug into that business. Take that business or entrepreneurial class or attend that training and start putting into practice whatever you learn. 

More importantly, adopt a disciplined lifestyle that would complement your newly resolved result-oriented lifestyle.

Likewise, Students, I believe that the incessant high unemployment rate coupled with the shrinking global economy as well as lean labour market feeds should provide you with enough inspiration to start seriously thinking about your financial future and seek out means by which you can achieve your financial goals.

 Gone are the days when students rely on the linear economic curves of finishing school and pursuing employment that would guarantee a decent financial future. It is time to break out of the mode and start that business.

 It is time to create that idea and develop workable plans to birth it and bring it to successful implementation. It is time to join that Tech Hub and learn useful entrepreneurial and technological skills that would enable you to plug into future opportunities.

 For instance, it is a no-brainer to note that the future is technology and technology is the future. Why not avail yourself of the opportunity to acquire skills that would make you an integral part of that assured future? What not take that risk? Make that move and take that step. Fortune they say, favours the audacious.

Friends,  awake from your slumbering state.  How many gigs of data and time have you burnt away on the various social media platforms such as TikTok, Instagram, Facebook, Twitter, and WhatsApp lately? Just imagine how many man-hours you could have invested into your business dreams. 

How many hours of your days have you spent visiting friends, and chitchatting?

https://www.morganable.com/editorial-accidental-correction-of-our-national-abnormalities/

https://www.morganable.com/6-legit-online-businesses-you-can-start-with-little-resources/

https://hbr.org/2012/11/five-ways-to-retain-employees

https://www.morganable.com/detaching-yourself-the-art-of-true-happiness/

https://www.morganable.com/review-in-the-name-of-our-father-by-olukorede-s-yishau/

https://www.morganable.com/president-trump-implicated-in-impeachment-hearing/

 I suggest you ask around if there is any respect for a broke or non-productive individual within any rational society. I think it’s high time you moved your hands to do something meaningful and do it well.

 Learn digital skills and spend your resources on what will give you steady ROI (Return on investment)

According to Robert Kiyosaki, the author of Rich Dad, Poor Dad, ‘The truth is you can never have true freedom without financial freedom; freedom may be free, but it has a price”.

All my write-ups would be a waste of time only if you choose to live by the shore of indecision, lacking in ideation, low business turnover, salary dependent, parents dependent, lack of high-value skills, unwillingness to learn new things quickly, financial instability, a bad sales record, and lack of gut to take a risk and ultimately, ignorant of the cyberspace, among others.

Have you ever wondered why this is the best time to protect your future from life’s devastating virus of poverty?

 Soon, your children and grandchildren will point at you and speak one of these statements, “Thank you Grandpa/ Grandma for securing spaces for us in the best side of life or why did we inherit so much of poverty?”  

Very soon, your family will ask if you bought land and build a house. They will ask if you put in place any investment mechanism for them. 

Responsibility will come like a whirlwind, and the best way to stay anchored during such a period is to stay financially secure.

Remember your dream of becoming great when you were young, and remember how your face brightens whenever you speak about it.

 Those dreams may remain unrealisable until you dare to move out of your poverty mindset and mentality. 

This is the only way to come out of poverty and protect yourself from the encroaching poorness.

By all means, live the life you have imagined.