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Further Discussions => Economics , Sociology & Politics => Topic started by: rachael9385 on October 16, 2024, 07:46:07 AM

Title: Bad decision making of the poor.
Post by: rachael9385 on October 16, 2024, 07:46:07 AM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.

I read a speech Elon musk made about the poor, Elon musk today is one of the worlds most talked person and the richest man in the world producing some unbelievable things, he mad a statement saying, If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
Title: Re: Bad decision making of the poor.
Post by: EluguHcman on October 16, 2024, 09:24:28 AM
If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
That is for him. I am poor and believe you should "Teach me how to fish and not giving me the fish because I would be in need when you are not available to feed me one"

One loud saying of the rich is usually that they began to feel the poor are relauntedly comfortable in swimming the pool of poverty.
Once a poor man gets rich they are think the poor are not working out their head to make good living then they began to talk discriminating to the poor because their status are no more at same level.

Who even cares to hear the poor man's stories of not the attentions of the world all just been channeled to the rich like they are always on the best facts when they talks.

The world is just full of blasphemy
Title: Re: Bad decision making of the poor.
Post by: hugeblack on October 16, 2024, 10:53:21 AM
Wealth or poverty is a way of thinking more than just making a decision. You cannot make the right decisions in your life. Even the rich may make some bad decisions, but the way of thinking is what turns those bad decisions into huge profits. Everyone who succeeded did not succeed the first time or failed in his life.
Title: Re: Bad decision making of the poor.
Post by: Hatchy on October 16, 2024, 10:53:56 AM
If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
Most times its not their fault that they couldn't get something really good to make them rich or something, it's just what life has for them. Some people are destined to be poor it's a way of life and it has to balance the rate of rich from poor. Again one can choose not to remain poor and find something good to do to break the chain of poverty from his life. The rich, most of them worked their way up there, some were born with golden spoons, so it's all about how lucky you are in this life.
Title: Re: Bad decision making of the poor.
Post by: Asiska02 on October 16, 2024, 10:14:53 PM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.

Being poor may not mean because those in that position were not able to make the right decision when the opportunity came for them to make those decisions. No one got it on a platter of gold before they became rich. Except those that were given birth to with a silver spoon. Your points are valid but they don’t really depict well how it happens. People think and view things differently, so what you may think or assume to be okay for Mr A may be wrong for Mr B and bithbmay be having a valid point at that moment.
Title: Re: Bad decision making of the poor.
Post by: bitterguy28 on October 17, 2024, 01:10:13 PM
I read a speech Elon musk made about the poor, Elon musk today is one of the worlds most talked person and the richest man in the world producing some unbelievable things, he mad a statement saying, If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
let us be honest who does want to work? ;)

if you are given 100 million vs a job would you not have picked the money? but i do understand the point of that statement it is directed towards people who do not want to work but only wants to experience the benefits and while i know many of us feel the same way, it does not work like that in real life and that is the reality we have to live with

i do not want to generalize poor people because i know a lot of them are hard working people who just fell victim to the very harsh system we have but i also know that many poor people are incredibly lazy and impatient which has led them to the kind of life they live now
Title: Re: Bad decision making of the poor.
Post by: Findingnemo on October 17, 2024, 02:31:30 PM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.


Being poor is not anyone's fault other than the one who is in the ruling and policy making because that's where the real change is possible, give them more benefits in every way than who are already previlaged but governments thrive to make the rich more richer since those are most influential who may help them in the upcoming elections.
Title: Re: Bad decision making of the poor.
Post by: rachael9385 on October 17, 2024, 09:31:49 PM
If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
That is for him. I am poor and believe you should "Teach me how to fish and not giving me the fish because I would be in need when you are not available to feed me one"

One loud saying of the rich is usually that they began to feel the poor are relauntedly comfortable in swimming the pool of poverty.
Once a poor man gets rich they are think the poor are not working out their head to make good living then they began to talk discriminating to the poor because their status are no more at same level.

Who even cares to hear the poor man's stories of not the attentions of the world all just been channeled to the rich like they are always on the best facts when they talks.

The world is just full of blasphemy
Bro your example is very far from what I said don't you understand what I wrote? Is the job not the same thing as showing you how to fish, is the banana not the same thing as the fish after eating the whole banana where is the money to get more that's the whole illustration. Please before we come here to banter anybody we should read what is written repeatedly and think over it before making a comment.
If you say that's his own it doesn't matter nobody will like to swim in the pool of poverty just that at times our decisions may hinder our success so we should think wise before making some decisions.
Title: Re: Bad decision making of the poor.
Post by: 0t3p0t on October 17, 2024, 10:15:40 PM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.

I read a speech Elon musk made about the poor, Elon musk today is one of the worlds most talked person and the richest man in the world producing some unbelievable things, he mad a statement saying, If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
The only problem a monkey has if he will give it a job is that the monkey itself don't know what the job is and the monkeys mind is only designed to eat, swing the branches and livewhile human is very different because we humans has the ability to learn if taught how to plant banana so we have something to harvest in the future. Being poor is a choice there is always a place to learn.
Title: Re: Bad decision making of the poor.
Post by: Sim_card on October 17, 2024, 10:39:30 PM
Most people that are poor didn't have the opportunity to move out from their poverty state due to poor environment and poor mentality. When you have a poor mindset, that will overshadow your thoughts which will make you not see some opportunities around you at the right time to take advantage of. A lot of poor people already knows that a good job will get them out of poverty and not receiving money that will not last them. However, it is not everybody that sees plenty of money as riches.
Title: Re: Bad decision making of the poor.
Post by: Rruchi man on October 18, 2024, 07:13:57 PM
That has been the bad choice making of the poor, bad decision making.
Many higher institutions of learning do not focus on financial education. This is why you have so many people who are educated in other means of life but have poor financial education, and when they are exposed to money, they make poor financial decisions. Since the curriculum does not have inclusion of financial education in it, it is a personal responsibility for every person to get financially educated. You can gain financial intelligence from books regarding financial life and then learn from other individuals who have more experience in managing finance than you do. If you make and master the art of making good financial decisions, you would not run into financial problems.
Title: Re: Bad decision making of the poor.
Post by: JoyMarsha on October 21, 2024, 11:58:48 PM
The road to success is not an easy road to find without encountering several ups and downs along the way before stepping out of the road as a  successful being

I think every one of us is on our way to a successful journey through the small things we do. It's those whose journey turns out to be successful, celebrates. Thinking that those who are yet to arrive on their journey are not trying their best.

It's very bad to criticize the poor without learning about the opportunities that have been brought before them in the past. Whether are they being given the right information, knowledge, or help that they need to excel in the little things they do without accomplishing good results
Title: Re: Bad decision making of the poor.
Post by: SamReomo on October 22, 2024, 01:06:55 AM
That has been the bad choice making of the poor, bad decision making.
Without any doubt our good decisions regard wealth are the ones that make us financially stable or you can say rich, and if we aren't able to take good financial decisions then we'll either be middle class or poor when it comes to finances.

But, it's not just our decisions but our habits as well that can impact the level of our wealth, a few weeks ago I read a story of a gambler who lost more than $100M in gambling if I remember it correctly, and that loss was due to habit of gambling which we all know could cause addiction.

If someone who works hard and maintains good balance of spending and investing in some good assets and who's emotionally strong enough to hold that investment for some years then that person won't remain poor for long time, but surely hard work plays its role when you're very poor, however once you make some money then it's on your mindset that either you'll grow it or spend it.
Title: Re: Bad decision making of the poor.
Post by: bisdak40 on October 22, 2024, 03:48:01 PM
People are working hard to earn money for their family poor decisions, especially on finances are caused by the lack of education Without the right knowledge, it’s tough to make the best choices. we all want to be financially stable but not everyone gets the chance to learn about managing money effectively.
Title: Re: Bad decision making of the poor.
Post by: Sim_card on October 22, 2024, 07:14:13 PM
People are working hard to earn money for their family poor decisions, especially on finances are caused by the lack of education Without the right knowledge, it’s tough to make the best choices. we all want to be financially stable but not everyone gets the chance to learn about managing money effectively.
Mismanagement has been a big challenge to moat people and that have made them poor and unable to step up to the next level because they spend money on irrelevant things as their priority. Financial management is very important for one to be successful, otherwise, the resources might dry up before you know it. Poor mindset make you think of enjoying all the time, instead of planning on how to invest for the future. If you hear the story of most poor people, they had the chance of improving their financial situation but they misused it.
Title: Re: Bad decision making of the poor.
Post by: Gurujebs on October 22, 2024, 07:20:05 PM

I read a speech Elon musk made about the poor, Elon musk today is one of the worlds most talked person and the richest man in the world producing some unbelievable things, he mad a statement saying, If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.

I'm motivated anytime I self and wealthy men talk and gives wisdom but you see anytime I see people used them as motivation in wealth, it doesn't move me because most of the wealthy self people today are not really poor right from birth but they don't have this quarter of wealth they have now but they are not that poor as the media push them, they have strong family backgrounds that has live above poor financial state, that said

Another thing I want us to know is that been poor is a state of mind and not everyone will ever have the wisdom to move away from it and not everyone will leave that state. If everyone is rich, I bet you no one will help you fix your car and I'm sure nobody will be in this forum to begin with.

However, you have made important points though, some people will never have sense of wealth even though it's in there front.
Title: Re: Bad decision making of the poor.
Post by: target on October 22, 2024, 08:02:26 PM
The only reason why monkey didn't chose the job is because the monkey has no idea what job is.
This could be the same street interview to people giving them the option to chose between $100 and BTC worth 100. Most of them chose $100 because they know nothing about BTC.

Poor people are sometimes just too busy figuring out what to eat the next day than planing for the next business opportunity. Poor man sometimes are just not aware of the options.
Title: Re: Bad decision making of the poor.
Post by: UNIVERSE on October 22, 2024, 11:16:18 PM
The only reason why monkey didn't chose the job is because the monkey has no idea what job is.
It is all about the ability. Sure, monkey can't think about job because he has no capability to do the job. If monkey has the ability to do human job, every human will be in trouble.  ;D

This could be the same street interview to people giving them the option to chose between $100 and BTC worth 100. Most of them chose $100 because they know nothing about BTC.
Of course, for the average people, they will choose fiats or $100 in dollars. Moreover for people who don't know Bitcoin, how they will think to choose Bitcoin? This will be very useless interview or survey.

Poor people are sometimes just too busy figuring out what to eat the next day than planing for the next business opportunity. Poor man sometimes are just not aware of the options.
It is not because they are too busy but it is because they have no choice to do. Rich people get enough resource for their basic needs, it is very different with poor people that have lack of resource of their basic needs.

Title: Re: Bad decision making of the poor.
Post by: 0t3p0t on October 23, 2024, 08:20:44 PM
The only problem here is the mindset though not all poor people will choose to live that way til death because some will find ways to rise from poverty and these few people are smart enough to overcome challenges and are willing to hone skills just to get out from a miserable life.
Title: Re: Bad decision making of the poor.
Post by: Agbe on October 25, 2024, 12:59:35 AM
Well you can't say it's all depends on poor decision making that makes those who are poor the way they are as some poor people are good manger of resources and always make the right decision but the truth of the matter is some of them where not exposed to opportunities that some Rich people heard,
Title: Re: Bad decision making of the poor.
Post by: UNIVERSE on October 29, 2024, 10:38:24 PM
The only problem here is the mindset though not all poor people will choose to live that way til death because some will find ways to rise from poverty and these few people are smart enough to overcome challenges and are willing to hone skills just to get out from a miserable life.
Indeed, it is sometimes about the mindset. If the poor people have good mindset, they will struggle to change their status. They won't stop doing hard efforts to have the change in their life. But we can't deny that there are many poor people who have no good mindset, they never think to change their status. If they don't want to learn or improve their ability, they will remain to be poor people forever. I hope more poor people to have good mindset.

Title: Re: Bad decision making of the poor.
Post by: Asiska02 on October 31, 2024, 09:51:00 PM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.
Being poor is not anyone's fault other than the one who is in the ruling and policy making because that's where the real change is possible, give them more benefits in every way than who are already previlaged but governments thrive to make the rich more richer since those are most influential who may help them in the upcoming elections.

Your financial status after you’re given birth to as a person is always determined by the family you find yourself in after birth. Your financial path through can only be shaped by you after you’ve left home to have a life for yourself. The government may be blamed to some extent to why people are actually poor but it is not the government to be blamed totally. In a situation where government provides all that is needed for capital development of the people and they don’t want to partake in it, it becomes waste of time and resources. The government as a part to play but also the individuals have the greater part to play in order for greatness to be achieved.
Title: Re: Bad decision making of the poor.
Post by: Findingnemo on October 31, 2024, 10:25:48 PM

Your financial status after you’re given birth to as a person is always determined by the family you find yourself in after birth. Your financial path through can only be shaped by you after you’ve left home to have a life for yourself. The government may be blamed to some extent to why people are actually poor but it is not the government to be blamed totally. In a situation where government provides all that is needed for capital development of the people and they don’t want to partake in it, it becomes waste of time and resources. The government as a part to play but also the individuals have the greater part to play in order for greatness to be achieved.
Of course, without any effort from ourselves, there is nothing can be changed but even after you give everything you can still you could fail due to the policies in your country that is not in the favour of growth let's say if the government doesn't support the infrastructure for start-ups and give them all the resources then even with idea still they could fail or chances of success becomes very rare. Also if you notice people from certain countries became rich than other countries which is mostly due to the infrastructure created by the government that allows the potential candidate to shine.
Title: Re: Bad decision making of the poor.
Post by: Chilwell on November 09, 2024, 10:40:23 AM
Sometimes it's not like the poor are not hard workers they work very hard to make money for themselves but always we can describe their achievement as from hand to mouth yes they are working but their is not enough to show the pressure on a poor man with family is to make instant money so as to be able to take care of his family they are very poor in financial decisions making and that is the area the rich over shadows them.

I read a speech Elon musk made about the poor, Elon musk today is one of the worlds most talked person and the richest man in the world producing some unbelievable things, he mad a statement saying, If you give a monkey some banana and also give them job they would gladly pick the banana not knowing the job can fetch you money to buy  ×10 of that your banana.That has been the bad choice making of the poor, bad decision making.
Some poor people are very hard working, and it is not their fault that they don't always get what they want, maybe that is what destiny has written for them, that is why whenever they found themselves in a situation whereby someone offered them a huge amount of money or job, they will be confused on which to choose, and at the end they will choose money thinking that it will be enough for them and also cover up a lot of their needs/wants, not knowing that they are making a big mistake for choosing money over job, because they will spend the money and it will definitely finish, but by accepting the job they will be able to make multiple of the amount of money given to them, but some of them can not wait patiently till then.