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Great Ways to Become Poor and Stay Poor

Great Ways to Become Poor and Stay Poor

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    Nobody plans to become poor and yet a great many people end up poor.  Here are some of the best known ways of ensuring a life of penury:

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    1.  ‘We don’t need no education…’

    If you drop out of school or fail to achieve a basic education then you will severely restrict your chances of employment.  What is more it is difficult to acquire further skills if you lack the basic ones.  However this method does not guarantee poverty as there are some exceptional people who, because of sheer hard work or innate ability, succeed despite little formal education.

    2.  Develop an addiction.

    Addictions are good ways to squander wealth and health.  Cocaine and heroin are fast routes to perdition.  Gambling works really well too.  The time-honoured choice is alcoholism which has ruined many a career and relationship.  Yet there are exceptions.  A tiny number of habitual gamblers win, some alcoholics can function for a long time.  In the end the addiction usually wins.

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    3.  Never save.

    Savings help build wealth so a good plan for long-term poverty is to blow any extra earnings or bonuses on having a good time.

    4.  Borrow.

    Borrowing to buy a house or get a degree can be an investment but borrowing for vacations, cars and general consumption is not very smart.  A good way to beome penniless is to max out your credit cards and keep borrowing more until the repayments overwhelm you.

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    5.  Go directly to jail.

    A proven way to avoid success is to get involved in crime, particularly early in life,  and end up in jail where you can waste the years that could have been spent acquiring an education and useful skills.  Petty criminals find it hard to get jobs, build relationships or retain wealth.  Of course some criminals end up rich but they risk being eliminated by rivals.

    6.  Stay in a dead-end low-paid job.

    A low-paid job is fine if you really enjoy what you do or if it is a route to something better.  But many people hate what they do and earn barely enough money to survive.  They are reluctant to take a risk, to learn new skills or to try something new.  They stay on a road that leads nowhere.

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    7.  Avoid work altogether.

    Some unfortunate people are too ill to work but many able bodied people make a decision to live on benefits and to avoid work.  Perhaps they intend to marry a movie star or to win the lottery but working their way up is not part of the plan.

    8.  Be born in the third world.

    If you are one of the millions born in very poor countries with no human rights, no education or healthcare and a repressive regime then you face enormous difficulties in escaping a life of poverty.  Some do but the vast majority are condemned to extreme hardship.

    If you are fortunate enough to live in a developed country then you need to avoid plans 1 to 7 above and then maybe do something to help those caught in number 8.

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    Paul Sloane

    Professional Keynote Speaker, Author, Innovation Expert

    How to Win an Argument – Dos, Don’ts and Sneaky Tactics How to Get Rich: 11 Bold Moves That Guarantee Wealth How to be a Brilliant Conversationalist Think Laterally Write A Killer Resume In Seven Easy Steps

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    Last Updated on November 5, 2019

    How to Cultivate Continuous Learning to Stay Competitive

    How to Cultivate Continuous Learning to Stay Competitive

    Assuming the public school system didn’t crush your soul, learning is a great activity. It expands your viewpoint. It gives you new knowledge you can use to improve your life. It is important for your personal growth. Even if you discount the worldly benefits, the act of learning can be a source of enjoyment.

    “I have never let my schooling interfere with my education.” — Mark Twain

    But in a busy world, it can often be hard to fit in time to learn anything that isn’t essential. The only things learned are those that need to be. Everything beyond that is considered frivolous. Even those who do appreciate the practice of lifelong learning, can find it difficult to make the effort.

    Here are some tips for installing the habit of continuous learning:

    1. Always Have a Book

    It doesn’t matter if it takes you a year or a week to read a book. Always strive to have a book that you are reading through, and take it with you so you can read it when you have time.

    Just by shaving off a few minutes in-between activities in my day I can read about a book per week. That’s at least fifty each year.

    2. Keep a “To-Learn” List

    We all have to-do lists. These are the tasks we need to accomplish. Try to also have a “to-learn” list. On it you can write ideas for new areas of study.

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    Maybe you would like to take up a new language, learn a skill or read the collective works of Shakespeare. Whatever motivates you, write it down.

    3. Get More Intellectual Friends

    Start spending more time with people who think. Not just people who are smart, but people who actually invest much of their time in learning new skills. Their habits will rub off on you.

    Even better, they will probably share some of their knowledge with you.

    4. Guided Thinking

    Albert Einstein once said,

    “Any man who reads too much and uses his own brain too little falls into lazy habits of thinking.”

    Simply studying the wisdom of others isn’t enough, you have to think through ideas yourself. Spend time journaling, meditating or contemplating over ideas you have learned.

    5. Put it Into Practice

    Skill based learning is useless if it isn’t applied. Reading a book on C++ isn’t the same thing as writing a program. Studying painting isn’t the same as picking up a brush.

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    If your knowledge can be applied, put it into practice.

    In this information age, we’re all exposed to a lot of information, it’s important to re-learn how to learn so as to put the knowledge into practice.

    6. Teach Others

    You learn what you teach. If you have an outlet of communicating ideas to others, you are more likely to solidify that learning.

    Start a blog, mentor someone or even discuss ideas with a friend.

    7. Clean Your Input

    Some forms of learning are easy to digest, but often lack substance.

    I make a point of regularly cleaning out my feed reader for blogs I subscribe to. Great blogs can be a powerful source of new ideas. But every few months, I realize I’m collecting posts from blogs that I am simply skimming.

    Every few months, purify your input to save time and focus on what counts.

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    8. Learn in Groups

    Lifelong learning doesn’t mean condemning yourself to a stack of dusty textbooks. Join organizations that teach skills.

    Workshops and group learning events can make educating yourself a fun, social experience.

    9. Unlearn Assumptions

    You can’t add water to a full cup. I always try to maintain a distance away from any idea. Too many convictions simply mean too few paths for new ideas.

    Actively seek out information that contradicts your worldview.

    Our minds can’t be trusted, but this is what we can do about it to be wiser.

    10. Find Jobs that Encourage Learning

    Pick a career that encourages continual learning. If you are in a job that doesn’t have much intellectual freedom, consider switching to one that does.

    Don’t spend forty hours of your week in a job that doesn’t challenge you.

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    11. Start a Project

    Set out to do something you don’t know how. Forced learning in this way can be fun and challenging.

    If you don’t know anything about computers, try building one. If you consider yourself a horrible artist, try a painting.

    12. Follow Your Intuition

    Lifelong learning is like wandering through the wilderness. You can’t be sure what to expect and there isn’t always an end goal in mind.

    Letting your intuition guide you can make self-education more enjoyable. Most of our lives have been broken down to completely logical decisions, that making choices on a whim has been stamped out.

    13. The Morning Fifteen

    Productive people always wake up early. Use the first fifteen minutes of your morning as a period for education.

    If you find yourself too groggy, you might want to wait a short time. Just don’t put it off later in the day where urgent activities will push it out of the way.

    14. Reap the Rewards

    Learn information you can use. Understanding the basics of programming allows me to handle projects that other people would require outside help. Meeting a situation that makes use of your educational efforts can be a source of pride.

    15. Make Learning a Priority

    Few external forces are going to persuade you to learn. The desire has to come from within. Once you decide you want to make lifelong learning a habit, it is up to you to make it a priority in your life.

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    Featured photo credit: Paul Schafer via unsplash.com

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