5 Fail-Proof Tips to Stay Poor in a World of Abundant Money

Why would anyone want to stay poor in a world of abundant money?

Well for starters, you may be a monk. Maybe the idea of excess money coming in each month is just outright embarrassing. You may try to hide your wealth by buying the latest Apple Watch, and justify it by saying that you wanted to make sure you are on time for the next prayer meeting (I'm assuming they have them).

Alternatively, you could want the opposite. You may be sick of feeling poor each month, and may be open to a few tips on changing some of the behaviours that have been keeping you that way.

Either way, I hope you enjoy the following tips.

5 Fail-Proof Tips for Staying Poor in a World of Abundant Money.

1. Don't waste any time on a financial education.

I put this one at the top for a reason. It is far easier to stick our heads in the sand and blame the world for our money issues. Why should we learn about the financial world around us?

The one downside to not developing your financial education, however, is that you don't see financial opportunity when it comes your way. You won't know about the strategies of those more successful than us.

My tip - buy a book or newspaper on the subject. Just start somewhere and learn whatever you can.

2. Don't pay professionals for their advice / services.

Just because they have wasted their lives learning about succeeding in the modern financial markets, doesn't mean that you should. What do those so called experts know anyway?

Well for starters, it's probably much more than you or I will learn in a lifetime.

So unless you want to up the ante significantly on the self-education front, paying professionals for their assistance and knowledge could save you thousands of dollars or even hundreds of thousands if you are lucky.

3. Spend money before you earn it.

After all, isn't that what credit cards are for? That money, which we haven't earned yet, is our birthright and will be there forever.

That is, of course, unless it isn't there forever


And, when you spend money you don't have, you are selling your future. It is also very easy to lose perspective on your financial position.

You could soon find yourself owing so much that you can't buy the things you need.

4. Don't invest in yourself, your skills or your future.

You are perfect just the way you are. You already know it all, so why bother investing further in perfection?

Why? Because your one core asset is yourself.

Investing in your own skills and knowledge makes you more employable and a better asset to the companies you work for. All up, think 'brighter future'.

5. Make sure you have the latest and greatest of everything.

We never have enough gadgets. I want them all and I want them now while they are still expensive. After all, isn't that what the value of our character is judged on?

Well maybe it isn't, and we can just wait for the next model to come out or skip a upgrade or two along the way.

It is likely that the one we want will then drop in price anyway. We still get the good stuff, only now we don't pay such a premium for it and we let others find the faults and the fixes first.

Message from Guided Mind: You don't have to be poor. Our Money mindset collection meditation audio (download here) will help you align your thoughts and actions with your desires.

Can you think of any other ways to stay poor in a world of abundant money?

If so, let us know in the comments. God forbid, we all have too much money lying around this year.

Written by Andrew Hood.: I am a father of 3 and have spent over 20 years in Sales and Customer Service within the IT Industry.
My blog discusses the Tipping Point moments in my life where I have learnt important life lessons that I am looking to share with like minded people. These moments often occur through my private life, career or even my struggles with Anxiety and Depression over the years. My Blog is mainly about personal and career development and the pursuit of happiness in general.

Two of my most popular posts include 5 Steps to avoid making the biggest mistake of your life: http://www.theweeklytippingpoint.com/5-steps-to-avoid-making-the-biggest-mistake-of-your-life/ and 5 Tips to Master the Language of Success: http://www.theweeklytippingpoint.com/unlock-secrets-language-success/