5 reasons why you are broke right now

Well we all have been in a broke situation where we failed to buy or pay for something. The following are reasons that most of us end up being broke & l hope you will dig  deeper into root cause of the problem & find suitable solution on the second part of this article: The reason why you might be broke is:

1. Living with mommy & daddy

Many people live with their parents in the same house which leads to laziness because parents will be supplying you food & shelter & you don't feel motivated to go into the jungle & hunt. If you want to make real money, it’s time to disconnect from mommy and daddy. My life didn’t change until I moved away from my hometown a while back.

2. Lack of management skills
l know a lot of people who have the skill of making money but they don’t know how to manage it : save & invest. There are celebrities like DMX & Chris Tucker who had the opportunity to make millions of dollars but currently they are broke.  lf you don’t put effort on learning how to manage money wisely & invest it, l am afraid to tell you that 10 years from now you will still be struggling with same problem *money issue*

3.  Complaining & blaming mindset

 Put effort every day to transform yourself from poverty mindset into rich mindset. Have you ever had a meeting with a poor man & a rich man same day but different hours? You will see what l am talking about. A person with poverty mindset is always complaining, blaming the government, cursing the leaders & telling you how unfair life is. But a rich person? It’s totally opposite & they are very positive. Read & research about finance every day & work on increasing your financial intelligency

4.  Being ignorant

Lot of people they know they are broke but they don’t take action because of ignorant & lacking financial responsibility. Other people only focus on their expenses & saving but they don’t deliberately put effort to create multiple sources of income. Wake up!

5. Poverty comparisons

Comparing your financial status & having a mindset like "At least l am earning more than him" it does not bring you more money in your life. The idea that your financial situation is better off than someone that is starving does not make your financial situation any better. Financial suicide is when try to make sense and justify your financial situations by finding others that are worse off than you. WAKE UP! This is real life, school is finished.

ln conclusion [Proverbs 19: 7] says if you are poor, your family will turn against you, and your friends will avoid you even more. You might beg them for help, but no one will come to help you. On my next post l will come up with solution to better off your financial status: stay engaged.

Where ever you are & whatever you are trying to do in your life just know that GZ Worldchanger supports your dream. Feel free to like, share or comment with your opinion & l will join you in the discussion. 

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