Irresponsible vs. responsible spending; the root of poverty in the western world. While it can be argued that poor african skeletons probably don’t spend their money irresponsibly, because they don’t have any, irresponsible spending habits and carelesness are often at the cause of poverty in the western world.
Poverty, is of course, subjective, but with all the talk about raising the minimum wage, it almost doesn’t matter. In fact, there have been studies that have proven that poverty is subjective, people feel poor when they’re poor relative to others in the community… If you throw an american guy witha net worth of $500 to the democratic republic of Congo, he will still be seen as a rich guy- and chances are, that he’ll feel that way too.
Similarily, there have also been studies that have tried to prove that poverty is a state of mind – and we’re inclined to agree, at least to a point. Of course there are situations where this doesn’t apply, but typically, ambitious people won’t remain poor for all of their lives if they’ve been lucky enough to be born in the first world.
But what are some ways to gain that extra $50 a month that you can save and later invest in something that may get you out of poverty? Here are some tips to reduce irresponsible spending;
Ways to save money
Let’s start with an obvious one;
Stop Gambling, Playing at casinos, Playing the lottery and hoping
Poor people often fantasize about winning the lottery or winning big at the casino – this won’t happen, and even if it will, you’ll probably screw it up anyways, at least if you’re in the wrong mindset. People don’t even realize how much money they’re wasting by playing the lottery weekly. Casino gambling is not the answer either, the odds are stacked against you, otherwise there wouldn’t be any of them around anyways. Why would you make your situation worse?
Start thinking long term
Try to start living 2 months at a time, instead of paycheck to paycheck and go from there.
Stop urinating so much
That way you’ll save on toilet paper and water
Stop spending money on stupid things
You don’t need a status symbol, it won’t help you get a girlfriend, they see right through that. Unsless she’s from the Philippines, in which case your western appearance will be enough by itself.
Did you know that poverty reduces brainpower? And all the stress and sleeplessnes makes you dumber? One way to combat this is to start reading books and eating properly. You’ll learn more about this if you read books.