It's not the same to be broke and poor. Being poor is being unable to adequately support all of your requirements due to a lack of income. Not having enough money to save or pay off debt while yet having enough to cover basic expenses is being broke. If you identify with the latter, here are a few reasons why you're insolvent.
You are not frugal.
In order to create a budget, you must decide how much you will allocate to certain expenses each month. This is one of the key reasons you're having financial difficulties. Budgets are not something you consider, you are probably unaware of your spending patterns, and you have no idea where your money goes at the end of the month. You make it by living paycheck to paycheck. Starting a budget is the only way you can better your financial situation.
Wealthy folks are your rivals.
Each person is competing in their own race through life. Some are in the lead while others are in the rear, but eventually everyone is traveling in the same direction. Never compare your income or belongings to those of those who are wealthy. Start putting your objectives into action.
You like to please people.
Saying yes to everything isn't a requirement for being kind. able to say no. When you give a crying child his desired toy, he will unavoidably start pleading with you for more. To avoid developing a bad habit, learn to say no. If you are courteous to everyone at work, they will work effectively and take you for granted. Discover how to say no to the bulk of the things in your life that aren't important by using these simple tactics.
Content created and supplied by: Bespokerobah (via Opera News )
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