5 Reasons Why I am broke
By. Abdul Lawani
Money is the source it seems for all reasons for actions in
daily life, from where you will live, what car you'll drive, what you will wear
and even who your friends are and who you will marry fortunately although
there is always room for exception.
Here are a few reasons I believe I have lacked in the competitive world.
5.
Choosing freedom
over financial success
I have done a lot of things in my life from Going to College, Passing Navy boot
camp serving in the Military, overcoming illnesses, Owning real estate, starting a
business and earning a profit from that business to achieving a
client list of over 100+ companies and consumers.
Yet I
have time and time again I choose freedom over captial, and one thing about freedom
it has a cost it’s not actually Free.
Consequences
From quitting jobs, canceling agreements, closing a business it
typically doesn’t put money into your pocket. It’s nothing wrong with taking a
sabbatical, yet a sabbatical with no money is the equivalent of taking a
vacation with nowhere to lodge.
Would
you take a plane somewhere with no hotel or place to stay?
4.
Isolation
By nature I like isolation, yet I can get out rather quickly but to
heart I’m a proud introvert.
I
learned to deal with it an understand it.
I know a lot of people and a lot of people know me yet it’s usually
from working or from business that I do, rendering service you can’t help but
to meet people it’s no way around it.
Yet Networking, Partnerships, talking to people basically that puts
more money in your pocket, I use to tell my younger associates that work for me
“Close mouth Don’t Get Fed”
Yet its
consequences to that they may leave you in a surrounded castle, with no one to
help you fight
They say your future is determined by those that are around you look
to your inner circle to see where you will be in the future. As to say it’s not
necessarily what you know it who you know.
Basically most people I know are broke therefore that possibly might also underline my very fate.
Basically most people I know are broke therefore that possibly might also underline my very fate.
3.
Going for broke and not saving
The Second step to gaining wealth logically is savings.
But a good percentage of persons don’t have any savings at all, half
of the U.S population don’t have enough funds to cover expenses for 3 months
without income.
It’s the
second step yet it is the hardest because:
It
defies a lot of natural instincts, Animals tend to live day to day no concept
of tomorrow), although animals in the wild tend to be smarter than humans.
Dogs
bury carcasses for food to be eaten later; Squirrels stockpile food for long
winters.
2. Life is
emotional, spending money is also emotional, when people are sad they throw logic out the
window, when people feel good they throw logic out the window.
Corporations are fully aware of that and push the buttons of products to cash in profits using persuasive hot buttons marketing schemes to get you to spend.
Corporations are fully aware of that and push the buttons of products to cash in profits using persuasive hot buttons marketing schemes to get you to spend.
3. And Life’s
setbacks and calamities just make matters worse (A Divorce, a Flat tire, an
unexpected firing, a canceled contract, a market collapse etc...)
Yet excuses are that excuses rather they are just or not.
Benjamin Franklin said: “A Penny saved is a
penny earned”.
Money is green and when you have not your fiscal life stops, and when
you got it again you can go. It’s like a not so fun game of red light green
No
savings means you are closer to no money and typically day to day or check to
check.
Living for the moment has cost me a lot and it’s too embarrassing to
even mention even down right sad but that’s the wonderful world of capitalism,
a lot of things are determined by capital, And it favors those with capital.
So
no savings lead you down the road to the land of you are no fun because you
don’t have any money.
One thing I can say is if you want to get rid of friends instead of staging a death stage a brutal bankruptcy where you lose all your money.
One thing I can say is if you want to get rid of friends instead of staging a death stage a brutal bankruptcy where you lose all your money.
You lose all your friends that were only around because you had lots of
cash, faster than Usain bolt.
People hate broke people worse than misers who don’t give anyone any
of their money.
2.
Low Expectations
Some people don’t want to be rich.
I have heard people near and dear that didn’t strive nor care to be rich.
I have heard people near and dear that didn’t strive nor care to be rich.
Didn’t
quite understand the logic but I think people have certain hang-ups.
Yet my expectations are that I do want to be financially rich although
my wisdom doesn’t value riches as I did when I was younger I have worked around
so called rich people and honestly they just have more of what others don’t its
impressive but I don’t really care.
I like their stuff yet it's more or less the capital I am more impressed with and times I really
don’t care yet I know people really do.
But that same Zen like understanding doesn’t necessarily put cash into
my pocket.
I gives me piece of mind but no cash.
I gives me piece of mind but no cash.
Yet I think it will help in other ways that will lead me to the positive results
I am looking for.
I am looking for.
But the threshold I use to follow that I am trying to change is the
lowered expectations.
Not having a quota or a very low quota has landed me in the poor house.
Not having a quota or a very low quota has landed me in the poor house.
1.
Choosing fear over Triumph
I always think to myself what my life would be like if I wasn’t so shy.
Would I have that fine woman in my life that I saw so many times that probably wanted me to talk to her but I didn’t know it, would I be a CEO of a company, would I already be a millionaire or more.
Would I have that fine woman in my life that I saw so many times that probably wanted me to talk to her but I didn’t know it, would I be a CEO of a company, would I already be a millionaire or more.
Those
are questions that are asked because I allowed fear to set in many instances
that I don’t know were good or bad.
Or is regret for Pussies
Or is regret for Pussies
Not
following my first mind Is A skill in which If you learn to use it can net you a
lot of gains.
Yet a lot of times fear overtakes logic and indecision results in no
gains or losses.
It’s one of the hardest things I struggled to understand yet some
things you should be fearful of.
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