8 Everyday Habits of a Poor Man

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8 Everyday Habits of a Poor Man

This article is about the everyday habits of a poor man. They are habits that are exhibited everyday, either voluntarily or involuntarily and they cumulatively make people poor. There is no one way or guaranty to success, but, there are certain things that do limit the success of an individual. Here are daily habits of a poor man highlighted below.

Before we proceed, you might be interested in this article; How to make money on Medium – Easy steps

The 8 Everyday Habits of a poor man


One of the everyday habits of a poor man is that he thinks negatively. Even the bible says that as a man thinketh in his heart, so he is. Thinking negatively has a huge impact on a person’s way of life. As much as positive thinking has its positive effect on an individuals life so does negative. Long-term success is only possible when you have a positive mental outlook. when you think negatively you attract negative things and achieve negative things. This also goes for positive thinking, when you think positively, you attract positive things and attract positively.


See gambling, see poor man. This is top of the list, most poor people believe to be rich, they have to gamble it to the top. There is nothing like getting rich quick without much effort. To be okay financially, one has to work hard and not cut corners. It takes time to be okay financially, a lot of initiative and numerous effort to be rich. Gamblers are of the belief that to be rich does not take a lot of effort.
Pursue your dreams, goals and aspirations of becoming rich, rather than pursuing get-rich quick schemes.

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One of the habits of a poor man is that he is always seen around toxic people. Not mingling with the right set of people is also a huge setback to becoming rich in life. The poor moving with the rich has the tendency of becoming rich when they maximize the opportunity. Likewise, the poor mingling with the same set of poor people has a long way to go in becoming rich. People you hang out with matters a lot more than you may think. The rich has a habit of associating with people of their caliber, such as, other success-minded individuals, and they also try as much as possible  to limit their exposure and relation to toxic and  negative set of individuals. To make it in life, one has to surround oneself with the right set of people.


As a poor man, you most likely fail to invest. That is how you got here in the first place. As an individual, invest in yourself, because failure to do pose a huge setback in becoming rich. Failing to spend time or money improving your education, job skills, and health can negatively impact your future earnings and opportunities. Although, resources might be limited, investing in oneself is valuable. 

Assess your skills and interests, then seek state and federal programs for training assistance if need be. Also seek for scholarship programs that can cater for education expenses at a reduced rate. Being healthy also enables one to access a stable employment. Also, by looking  into affordable insurance options and preventive measures will increase finances.


This is undoubtedly one of the habits of a poor man. Living life extravagantly is a no if such living is way above your income. Spending more than you earn  is a fast track to running into debt. Tracking your expenses, and planning your budget periodically will help and go a long way in achieving success. Spending more than you make is a surefire road to financial stress. Most poor people do not cultivate saving habits. Debt can accumulate quickly without aligning your actual spending with your income and financial priorities. When budgeting, it’s important to differentiate between your  needs and your wants.

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Your main focus should be on essential needs like: housing, utilities, food, and transportation. Wants like dining out, entertainment, and vacations should come after basic needs.  Use free budgeting apps or money management spreadsheets to view the income coming in and going out accurately. Identify and find ways to cut back and save on needs, also, find ways of limiting spending on wants, this will cause a drastic reduction in building up of debt and aid in achieve of goals.


Procrastination is one of the habits of a poor man. Procrastinating to do whatever you want to do with your life places one at the lowest level in life. Procrastination prevents even the most talented individuals from realizing success in life. Procrastination is a big reason why most people are struggling financially with their life. Procrastination damages an employees  credibility with employers and fellow colleagues at work. It also affects the quality of an individuals work and this affects the business   both the employee and employer receives from customers, clients, and business relationships.


One thing about everything in life is setting goals, future ambitions. To be successful in life, you have to set goals for yourself. Life purposes, desires, and plans for life are the tickets by which individuals upgrade to a new level of well-being and in return, forfeit uncaring and lackadaisical attitudes. Surprisingly, the more materialistic you are as an individual,  the lower the likelihood of being rich in life. This  is the main reason why most low-income people spend their money on luxuries they can’t afford and richer people invest in assets  and investments that will pay off later in the future.

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Environment matters a lot when it comes to standard of living of humans. Surrounding yourself with poor people when you are poor will limit your thinking to a poor mindset, this is why you see the rich always living among themselves. Because,  if you want to become a loser, contact a loser, and if you want to become a winner, contact a winner. The standard of living of people from your environment,  who you communicate with mostly, is the mentality you will carry around you. When hoping to earn more, look for mentors and a high-income environment.

That is why the rich are not afraid to spend money and time on their training and education, as this is  an open opportunity to meet more successful people than they are, and serves as an avenue for them to grow. This is the main reason why most rich  parents send their children to study at the most expensive universities, since people with an appropriate income level study at expensive universities and  also study expensive courses to attract richer sets of people

However, environment determines you and your income, it is a direct path to financial freedom and  growth. A poor man saves on his education, while the rich learn from the best and regret investing neither their time nor money. Leave the crowd behind and  opt  for the  best, if not for yourself, but for your family.


Author Since: November 16, 2023

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