How The Cycle Of Poverty Keeps People Poor

[XIANC]

Self discipline is often disguised as short-term pain which often leads to long-term gains

[faithrussel]

*Don’t just save all your money in the bank as they tax you so much keeping it. It’s better to invest your money for future expenses. Everyone needs to create a passive income stream to stay debt free and live comfortably*

[prabhunet]

I was born into a Poor Tamil family in South of India, since a very young age I had unconsciously practiced delayed gratification and today I have escaped the cycle of poverty. It's not easy and not for the weak of heart. No wonder the poor stay poor. To the poor kids reading this you have the power to create your life but it's always slow. 💝

[paulchristopherlittle]

never buy a car? I bought a used car for 6K lasted me last 4 years still runs fine. Guess how many monthly payments I pay $0

[bradclarke]

My father left home when I was about 4 years and my poor dressmaker mother programmed my brain to use education as a escape route from poverty. The only sacrifice I had to make was to study. What I realised later was that the discipline that I developed from studying was more useful than what I learned in college.

[Filipify]

Actually, dont buy a new crap car. Just get an older Toyota for few thousands if you really need a car.

[fernandogomezdelatorre]

Being and staying disciplined is the hard part, but the rewards are totally worth it :)

[nimishnarayanan]

I hope whoever read this will become a millionaire
Very soon..

[volooooo]

Got one year left to pay my car. Once I do I’ll NEVER buy an expensive car again.

[davidsdinero]

That is so accurate! Poverty is such a vicious cycle! Long-term rewards are the best!

[check]

You have to let the little fish go, to catch the big fish later.

[joceylingranada]

If you’re not getting more sources of income, to ensure you making profit even while you sleep you certainly going broke sooner or later, I’m a doctor making a fortune of real estate as well as the online trade market(stcks, fx and NFP)

[KeJhan]

That example literally had me shook. I’ve been saving up my money to invest in stocks but have been so tempted lately to buy the new iPhone 11 Pro since I still have the iPhone 7 with a cracked screen and broken mic. This video must have been a sign, I’ll keep saving!!

[AbhishekSharma-zmdt]

Video was good, but as per thumbnail you should have included the point of why not to buy a car.

[sumanshrestha]

The verdict is:”with money comes confidence”

[makingmoney]

in my opinion poor kids should learn more about themselves coz i am a poor kid and i am always trying my best to spend my free time to learn something about my behavior so i can escape the poor mentality first. coz i was always gets only 1 dollar a week from my parents and never more than 1 candy a month. believe me after i grow up i am total loser and had no life and other kids call me loser with banana sandwich coz i was bringing sandwich to school coz we do not have the money.. but after i started learning about myself in the last 5 years my life is changed to until now i had youtube channel and courses and investing and my wealth is passed my parents income 10 times! and i can speak 4 languages.. believe me guys learning is more important than your parents education level coz as soon you give up learning about yourself you say nah i am a loser and that is it.. never never stop

[pnoverstreet]

Rule #1: Stop blaming other people for your failures or lack of success.

[markcyrus]

Your car can either be an asset for you or a liability, it all depends on what you use em for. For those who put there cars on rental it's a good means of income while those who just want to show off make no money.

[kellykerr]

I do all of these things. Sometimes poverty is simply a lack of cash. We do not all start out equal. If you are born wealthy, you have a giant head start.

[wolfpackflt]

I came from a poor family that ended in a divorce when I was 13. I'm now 30 and
much much better off than my parents combined. I understand delayed gratification, and my future looks very bright. Guess I'm the exception.