In this article, I will discuss the rich and the poor, the steps to becoming rich, and the reasons why others remain poor. Are there people destined to be poor? Read the full article to learn how to change your life if you feel stuck. You can also find ways to help others escape poverty.

HAVING EXCESSIVE WEALTH

The saying goes that too much of anything can be harmful. Is this true for money? In financial matters, what defines “excess”? These are personal inquiries that each person must reflect upon. More wealth often leads to complex challenges. These include spending habits, investment choices, and managing money. It’s challenging to remain true to oneself when managing wealth.

LACK OF FINANCIAL MEANS

This is a common problem for people in poverty; if it weren’t, they wouldn’t be in that situation. People in this situation often struggle to meet their basic needs. This can be very frustrating, especially when they have family responsibilities. No one should have to face prolonged financial hardships of this nature.

FINANCIAL ADVISORS  

Getting financial help when you’re poor is pretty easy. Many people have basic money skills that can be useful. But, as one accumulates wealth, locating knowledgeable advisors becomes more challenging. Achieving wealth usually needs some financial knowledge. This means that people with advanced financial skills are rare. So, it can be tough for the wealthy.

RISING COST OF LIVING

This issue has a significant impact on the poor. They often see that their money buys less because of inflation and higher living costs. They may plan to buy something. But when they’re ready, they see prices have gone up. Their pay hasn’t changed.

ESTATE AND INHERITANCE CONSIDERATIONS

For people with lower incomes, the main worry after someone passes is usually the cost of the funeral. The wealthy face challenges associated with estate management and inheritance.

Inheritance, estate planning, and succession are critical considerations for affluent individuals. They need to think about who will get their assets. They also have to consider how they will manage their wealth over time.

THE COMMON GROUND BETWEEN THE POOR AND THE RICH

Both the poor and the rich have one key thing in common: they both go through planting and harvesting. This is because the same God created them.

Being poor today doesn’t mean you’ll stay poor. But if you don’t take smart steps, you might not rise up. Haven’t you seen people who were once poor but are now doing well? The key is that they understood they all had the same chance in life.

God didn’t create anyone to be poor. The poor will always exist, but it’s not God’s desire. Instead, people often lack the knowledge and skills to rise up. They need help to reach a better life, a place that flows with milk and honey.

HOW TO GET OUT OF POVERTY

Getting out of poverty is very simple, but for you to get out of poverty, you need to address the following:

1. Recognize that God creates wealth and gives you the ability to do so. This is the first step in wealth creation: acknowledging the Creator who is alive. 
2. Invest in books about wealth creation and making money, both online and offline. These books can teach you about the art of money. You’ll learn to define money better. This brings us to the third point:
3. Define money: It’s not paper. Money is a medium for trading goods and services. Now that you understand water money, let’s explore how to attract it and make it work for you. 

When you realize that money can work for you, you’ll know how to act and draw more money into your bank accounts. 

4. The Bible says, “Do not let the world shape you; instead, transform yourself by renewing your mind.” This is because everything starts and ends in the mind. If you believe you can’t succeed, you likely won’t. But if you maintain a positive mindset, the power of positive thinking will help you. That’s what we call faith. The substance of things hoped for, the evidence of things not seen.
5. When a man is hungry, he rushes to take action. First, he checks the kitchen for food. If it’s empty, he grabs some money and heads to the market to buy what he needs. Then, after buying the food, he goes back to the kitchen and prepares the food.

 A man can buy food if he has money saved or cash on hand. If he doesn’t have it, he’ll change his plans. Instead of buying food, he’ll look for work or money to afford it.

To eat, a chain of activities must happen. This depends on available opportunities. Not everyone has the same chances, but opportunities come to everyone. They are unique to each person’s needs.

The difference is clear. Those who see opportunities will succeed, while others will not. This is why people who miss their chances often blame others for their struggles.

Don’t blame others for your failures. They can help you, but you must help yourself first. People can give you support, but try to make your own path. They can guide you, but don’t get too comfortable relying on them. Learn to support others, too.

CONCLUSION 

If you don’t become what you want in life, don’t blame others. When you start playing the blame game, you lose hope. This defeat begins in your mind. Once you defeat your mind, it shows in your life, and that’s what you will become.

If that happens and you are alive, there is still hope. You can redeem yourself by stopping the blame game. Start fresh, and you can achieve great things.

People don’t need money; they need a mindset change. Giving someone cash today won’t help if their poverty mindset stays the same. They’ll end up broke again. So, instead of giving them fish, teach them ho

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Website: tomsonchilyobwe.com

Email: tomsom651@gmail.com

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