10 Reasons People Are Skint or Poor

It’s high time you stop sulking in that corner about you being poor. Let’s admit it, we all have desired more wealth than what we have right now.

In this episode of The Money Podcast, we take the first step – acknowledging the wrong things we do. Rob prepared the list of Top 10 reasons why you are poor or skint. It takes guts to admit to oneself that you have done things (and are still doing things) that let you live in this hell hole. Discover today how you can flip things around and earn more money when you tune in.

KEY TAKEAWAYS

• What’s the difference between being skint and being poor?
  • Skint – People who were raised in an environment where there are available resources like books and the internet to learn about money.
  • Poor – People who don’t have the means to get their hand on resources.
• Top 10 Reasons You’re Skint or Poor
  • You just don’t have the opportunity. We’re talking about people who live in the least developed countries who also have no access to clean water and our economically vulnerable.
  • You don’t have the right financial education. It’s not your fault. Financial education isn’t really taught in schools.
  • Money isn’t really important to you. You spend money on things that make you feel good but doesn’t really look into earning, saving, and investing more.
  • You haven’ found the right business model. You might have a business model that doesn’t work or isn’t just perfect for you.
  • You’re not prepared to take a risk. You have to believe in yourself that you could do more and you’re worth it. Always go for something that will benefit you more.
  • You don’t embrace marketing. Learn about tactics that could bring you a lot of money. Sales put your products and services out there, and marketing is the inbound interest of people to your products and services.
  • You spend more than you earn. Keep track of your expenses before it gets worse. Spend within your means.
  • You don’t take responsibility. Stop blaming people for your own actions. Own up and take the necessary steps to get out of the sinkhole.
  • You’re envious and jealous you’re not rich. Instead, be motivated and concentrate on how to increase your finances. Every wealthy person that Rob met has honored trait, built talents, and gain experience.
  • You’re on the right path, you just didn’t do long enough. It takes patience and persistence to earn the target money you want. Reach that goal.

BEST MOMENTS

• “You’ve got to take progressively more increased risks if you want to earn more money and get out of being skint and start making it.”
• “There’s a lot of things you can do and generate money, but virtually, the dam opener or the block on all of them is sales and marketing.”
• “If you spend more than you earn, you go backwards; if you earn more than you spend, you go forward.”
• “Even if other people are sabotaging you and your progress, you have to be responsible, otherwise you can’t control it.”

VALUABLE RESOURCES

• https://www.amazon.co.uk/Money-Know-Learn-money-transform/dp/1473641322

ABOUT THE HOST

Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.

“If you don't risk anything, you risk everything.”

CONTACT METHOD

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• LinkedIn: https://uk.linkedin.com/in/robmoore1979