6 Proven Ways to Escape Poverty This Decade
Everyone wants a comfortable life. You wish to afford a better car, a designer suit, or a house in that affluent downtown area.
But the sad reality is, sometimes you do not even have enough for more dinner groceries or an extra pair of shoes.
You are not alone. This era of social media has also added more salt to the injury. Your colleague who went to the Maldives keeps posting pictures of herself in a lovely two-piece swimsuit on Instagram every 10 minutes — it is making you a bit envious. You don’t want to admit it, but deep down, you wish you could also afford a night or two at the same resort.
The truth is, we all wish, but only a few get to be wealthy.
According to World Vision data, 9.2 per cent of the world population lives in extreme poverty. It means that these people are living on $ 1.90 or less a day.
You might not be in this category, but you might not be very far from it either. Paycheck to paycheck is the reality of many people in these times.
It is true that everyone has their definition of wealth and success. In this article, though, we will discuss six ways you might just be able to make as much money as the wealthiest people in the world today.
- Put Your Ideas into Action
You have all these grand ideas popping out in your head. Ideas that would make you a million bucks. But instead of picking one and working on it, you continue fantasizing and adding buff and fluff on it. Eventually, you don’t take any action, and the idea ends up nothing but a fantasy.
Antoine de Saint once said that a goal/idea without a plan is just a wish. If you don’t wake up and take action today, this incredible idea you have thought through for so many years will be just a useless wish.
At the end of your life, there will be no more time left to take action. So please do it now. Take action today.
Take, for example, Mark Zuckerberg; what if he never implemented his idea? Would we have Facebook today? Would he have been one of the wealthiest people in the world?
2. Have a Concrete Plan
Close your eyes and imagine yourself stranded in a jungle. It’s dark, and you have neither light nor a map. You know that you need to go north, but you cannot tell which way is north. Can you feel how dreadful that is?
Your life is the same as the jungle. You wish to be financially stable one day, but you are stuck in this ruthless jungle of paycheck to paycheck. You want to get to a point where you don’t worry about money. But you don’t know how to.
It is not rocket science. All you need is a proper roadmap. Make a plan and stick to it. Get a financial advisor if you need to. It is never about how much you are bringing in but how much you are retaining and investing.
3. Find the Right Squad
You are a sum-total of the five people you spend most of your time with. So who exactly are you spending your precious time with? Are they building you up or breaking you down? Are they challenge you to be the best version of yourself? Do they have dreams and aspirations?
If the answer is no to any of these questions, you have no business being around these people. Be around people who will encourage you to take a freelance writing course, for example. People who will cheer you on when you start your freelancing side hustle.
Please don’t spend your time with people who want you to take a loan and pay for a skydiving expedition. Or worse, pay for their drinks during a get-together.
Don’t get me wrong, and skydiving is terrific. Add it to the bucket list, and make sure you dive at least once in your life. But you have no business going skydiving after taking a loan.
4. Take Responsibility for Your Actions
You blame everybody for your mess, including your cat. You feel like the neighbor two houses down the road is the reason you don’t have money because he holds parties every Friday night, and you cannot do your midnight meditation. Your dog is suddenly overeating? Is this why you cannot save five more bucks?
It’s true; these can be all viable reasons. But all these are excuses. The reason you are broke and unsuccessful is you. Yes! You. There is no other reason. Change starts from within.
If you want your circumstances to change, work on yourself. All the other outside factors will adjust to you. Take responsibility for your own life.
5. Never Give Up!
For everybody, the beginning of something new is a struggle: a new career, new business, a new website, a new YouTube channel.
All the successful companies out there had a rough start, but they strived on and did not give up. All of them have experienced struggles and failures.
But you, you fail once and through in the towel. The motivation you had earlier dies a natural death. People who give up easily are never successful. The successful never give up no matter what happens.
The owner of The Muse, Kathryn Minshew lost ownership and all her savings that she had invested in a site she co-founded because of a dispute. She did not give up; instead, this failure is what motivated the birth of The Muse.
If you want to prove that you’re in this for the long run and that you deserve to have the things you want, then you need to do what must be done to prove yourself worthy.
Here is a perfect example of why giving up is not an option. It took Brendon Burchard many bad days and a lot of perseverance to be the number one New York Times bestselling author he is today.
6. Avoid That Couch
Success will not come from sitting on that couch, eating potato chips while binging on Netflix shows. Waking up every morning with a plan and purpose and working towards a goal is what will ensure your success.
Jeff Bezos, Bill Gates, and other highly successful people have very similar habits that have made them successful. The primary practice is waking up early to prepare for a successful day.
If you aim to make more money, you have to work extra hard. There is no substitute for this fact. Unless you want to earn money from illegal means. You get exactly what you give in life.
To be more successful, all you need to do is make changes to most of your habits. Be intentional about it. You can also get a mentor or an accountability partner while at it.
I wish you all the best on your journey of becoming one of the most successful people in the future.