No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Money

Why Poor People Stay Poor: The Brutal Habits Keeping You Broke

by FeeOnlyNews.com
3 months ago
in Money
Reading Time: 3 mins read
A A
0
Why Poor People Stay Poor: The Brutal Habits Keeping You Broke
Share on FacebookShare on TwitterShare on LInkedIn


If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You!
[email protected]

I love the Joe Rogan podcast because Rogan cuts through all of the noise with his straight talk and common sense logic. You can learn a lot just from listening to his podcast.

Some of the things I’ve learned from the Rogan podcast align with much of my Rich Habits research.

Here’s some of the topics he’s covered that align with my research:

1. You’re Addicted to Instant Gratification

The wealthy play the long game. My research shows 76% of millionaires dedicate at least 30 minutes daily to planning their goals, while only 7% of the poor do the same. Poor people chase instant dopamine hits—scrolling X for hours, binge-watching shows, or buying stuff they don’t need.

Sound familiar?

Every time you choose Netflix over learning a new skill or impulse-buy that shiny gadget, you’re trading your future for a fleeting high.

Joe Rogan talks about this all the time: discipline is freedom. Millionaires aren’t smarter; they’re just willing to delay gratification. Try this: swap one hour of social media for reading a book on investing. It’s not sexy, but it’s a start.

2. You Hang Out with Losers

Harsh? Maybe. But your social circle shapes your wallet. My studies found 86% of wealthy people surround themselves with success-oriented peers—mentors, entrepreneurs, or go-getters. Meanwhile, 96% of poor people stick with friends who reinforce bad habits: complaining, overspending, or dreaming without doing.

If your buddies are always broke, always negative, or always “waiting for the right moment,” they’re dragging you down. Jordan Peterson hammered this point on his Joe Rogan interview: you are the average of the five people you spend the most time with. Audit your crew. Are they pushing you to level up, or are they anchors?

3. You Think Education Ends at Graduation

The rigged system sold you a lie: get a degree, get a job, get rich. Wrong. My research shows 88% of millionaires commit to daily self-education—reading, podcasts, or courses—while only 26% of the poor did this. The wealthy don’t rely on a diploma; they’re obsessed with learning skills that pay. Rogan’s always riffing on learning new things and expanding your knowledge. He’s constantly diving into new ideas, from psychedelics to fitness. If you’re not learning something new every day, you’re falling behind. Pick up a book like Rich Habits or The Millionaire Next Door or listen to a finance podcast. Knowledge compounds faster than interest.

4. You’re Allergic to Risk

Here’s a stat that’ll wake you up: 65% of millionaires in my study took calculated risks—like starting a side hustle or investing early—while only 11% of the poor did. Poor people play it safe, clinging to dead-end jobs or avoiding the stock market because “it’s too risky.” Newsflash: staying comfortable is the biggest risk.

Rogan’s talked about this with guys like Elon Musk—wealth comes from stepping into the unknown. You don’t need to bet your life savings, but start small: invest $100 in a low-cost index fund or pitch a freelance gig. Risk builds resilience, and resilience builds wealth.

5. You’re Wasting Your Mornings

Mornings set the tone for your life. My data shows 70% of millionaires wake up at least three hours before work to exercise, plan, or learn, while only 3% of the poor do. If you’re hitting snooze until the last second, scrolling X over coffee, or rushing out the door, you’re starting your day in chaos.

Rogan’s a beast about this—he’s up early, hitting the sauna or working out, setting his mind right. Try waking up 30 minutes earlier for a week. Use that time to journal your goals or hit the gym. Small changes compound into big wins.

The Brutal Truth

Here’s the kicker: wealth isn’t about luck or privilege—it’s about habits. My research shows the rich and poor aren’t that different in intelligence or opportunity. The difference is what they do daily. The poor waste time, avoid risk, and surround themselves with negativity.

The rich? They grind, learn, and choose their circle wisely. It’s not fair, and it’s not easy to hear. But if you’re stuck, it’s not the economy or your boss—it’s you.

Don’t like that? Good. Let it piss you off enough to change. Start with one habit: cut an hour of screen time, read 10 pages of a financial book, or ditch that one friend who’s always whining or creating havoc in your life.

Wealth isn’t a mystery; it’s a choice.

Stop choosing poverty or mediocrity?



Source link

Tags: brokebrutalhabitsKeepingpeoplepoorStay
ShareTweetShare
Previous Post

Apple: Rückenwind durch Trump – Aktie vor dem Ausbruch?

Next Post

Who Said Money Equals Power?

Related Posts

These 7 Major Companies Are Laying Off Workers by the Thousands. Should You Worry About the Economy?

These 7 Major Companies Are Laying Off Workers by the Thousands. Should You Worry About the Economy?

by FeeOnlyNews.com
October 31, 2025
0

Dragana Gordic / Shutterstock.comSigns of an impending economic slowdown are everywhere, and a growing number of experts are worried that...

How to protect your bank account

How to protect your bank account

by FeeOnlyNews.com
October 31, 2025
0

Banking these days is something that increasingly leaves out the bank. “People don’t go to an ATM or into a...

Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results

Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results

by FeeOnlyNews.com
October 31, 2025
0

The company, which keeps its books in U.S. dollars, says its net income attributable to common shareholders amounted to US$315...

Retire at 50 with Just .5M? The Brutal Truth + 4 Dead-Simple Things to Make It Happen Before You’re 60

Retire at 50 with Just $2.5M? The Brutal Truth + 4 Dead-Simple Things to Make It Happen Before You’re 60

by FeeOnlyNews.com
October 30, 2025
0

Image source: Shutterstock. Happy romantic couple contemplating middle age retirement.For many, the idea of retiring at age 50 sounds amazing....

8 Medigap “Gaps” You Only Notice After a Hospital Transfer

8 Medigap “Gaps” You Only Notice After a Hospital Transfer

by FeeOnlyNews.com
October 30, 2025
0

Image Source: ShutterstockMost retirees assume that having Medigap coverage means they’re fully protected from surprise medical bills. Unfortunately, that’s not...

6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

by FeeOnlyNews.com
October 30, 2025
0

Image Source: Shutterstock If you’re a federal employee or member of the military, the Thrift Savings Plan (TSP) could be...

Next Post
Who Said Money Equals Power?

Who Said Money Equals Power?

America’s War on Arab Christians

America’s War on Arab Christians

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

0
Customized financing paths for emerging business models – Investment Watch Blog

Customized financing paths for emerging business models – Investment Watch Blog

0
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

0
Gov’t plans mortgage relief from tax on bank profits

Gov’t plans mortgage relief from tax on bank profits

0
A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

0
Small-Business Loans for Women – NerdWallet

Small-Business Loans for Women – NerdWallet

0
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

October 31, 2025
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

October 31, 2025
Tattd gave four TechCrunch writers tattoos at Startup Battlefield

Tattd gave four TechCrunch writers tattoos at Startup Battlefield

October 31, 2025
‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

October 31, 2025
Getting Started: Buying Formats and Payments

Getting Started: Buying Formats and Payments

October 31, 2025
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

October 31, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?
  • Getting Started: How to Browse Listings
  • Tattd gave four TechCrunch writers tattoos at Startup Battlefield
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.