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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

    Face Adversity with a Smile 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

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    Last Updated on March 24, 2021

    8 Smart Home Gadgets You Need in Your House

    8 Smart Home Gadgets You Need in Your House

    We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

    On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

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    Take a look at some of the most popular “smart gadgets” on the market:

    1. Smart Door Locks

    A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

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    2. Smart Kitchen Tools

    Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

    3. Mini Home Speaker Play:1

    If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

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    4. Wi-Fi Security Cameras

    These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

    5. Nest Thermostat

    This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

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    6. Smart Lighting

    Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

    7. Google Chromecast Ultra

    Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

    8. Canary

    This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

    Featured photo credit: Karolina via kaboompics.com

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