WHY PEOPLE ARE BROKE by @nkwainbryan

Greetings to the steemit family. I am delighted to share with you 12 points on why people are broke and also give neccessary measures that can be taken to come out of it.

You are not hungry

The reason why many people are broke is because they are satisfied with the little they have and because of that, they remain broke. When you're hungry, you do everything possible to get food. Thesame as when you are hungry to be rich, to come out of poverty, you'll learn what you need , do what you need not to be broke.

You are dabbling

The reason we are broke at times is because we don't have forcus. That is, we want to learn and know everything and at the end, we end up knowing little of everything. "Do not know one thing of everything but instead know everything of one thing". And people will look for you and pay you for the one thing. People love working with people who are professionals at what they do.

You don't value your Time

Time is life and life is time, that Is why it is called lifetime. Time is the only thing the Rich and the poor have in common. Both of them have 24 hours every day but what you get at the end of the time spent depend on how you use your time. Invest your time profitably as an aspiring personality, don't waste it because any second that passes count.

You don't have a high income skill

many people are broke because they don't have a skill they can be paid highly for. It is neccessary for people to learn a high income skill that they could be paid for and money will find them. Skills like copywriting, programming, coding,graphic design etc.

You don't know how to sell properly

The reason why many people remain broke is because they don't know how to market their skills, their product, maybe because of lack of confidence. Inorder to be able to market your product, skills, you need to build yourself, your confidence. Selling is the only way of getting money back. As buying gives out money, selling takes in money. The only way not to be broke is to build a system that will harvest the money from people through selling.

You are not accountable to yourself.

We have to be accountable to ourselves by making sure we write down every daily expenditures we make and also daily income we make. So that we will be able to value money and spend it in neccessary situations. Not spending it in non profitable or useless expenses.

You don't know how to save properly

people are broke because of lack of ability to save right . My advice to you is that you should not save from the leftover of what you have spent but you should spend from the leftover you have saved. As a man who believes in wealth, you should save at least 30 to 40 percent of your monthly income. They're three key metrics of wealth which are, making money, saving money and multiplying money. As the metrics implies, when you find a good business to invest, take out part of the savings and invest.

You don't have multiple streams of income

My advice to you is that you have to build multiple streams of income rather than relying on one that can fail you at any time. Also build multiple streams of related income, that is on the same field so that, it will not result to dabbling.

You're in the wrong circle of friends

The reason why many people are broke is because of the friends they keep beside them. To be rich, you have to find friend who are passionate to come out of poverty thereby walking towards riches. Your 5 closest friends defines who you're. If you want to be Rich, hang around rich people and rich opportunities will come to you

Procrastination

Many people are broke and if do not change will still remain broke because of procrastination. Every time they meet an opportunity, they give an excuse and push it ahead not knowing time donot rewind itself. But for some people they analyse till the opportunity is taken away from them.

You spend your money on negative additions

Many people are broke because of negative addictions in their lifes, they become broke even if they succeed to make money because this addictions will squander the money. Addictions like Betting, alcoholism, womanizing, and others are supposed to be done away with in order to climb the ladder of wealth. If you wish to cut of from addiction, you can see someone that can help you like your spiritual leader.

You value event over process

Many people love the outcome of a thing more that how it was taken to do that thing. My advice to people who are passionate to make it, is that, Go for the process, because people will only see the glory but they'll not see what it took you to be there. Don't only admire Bill Gates, Jeff Bezos, Aliko Dangote. Find out what happened before they became who they are and try to follow the process.