Question

Why do you think that certain people have been unable to become wealthy? How does someone become wealthy?

Answer 1

Certain people are unable to become wealthy for some reasons. Such reasons are discussed as follows:

• The first reason is that they never thinks that it is possible for them. They think that it is impossible for them to make money like others.
• Another reason is that they never make a definite decision to be wealthy. They just wish, pray and hope to be rich but they never decide firmly.
• Spending habit of the people pulls them back from becoming rich. Some have temptation to spend much and borrow or buy on credit.
• Certain people seemed to procrastinate. They delay or postpone doing something for months and years until it’s too late. Some may have decided to become wealthy but procrastination will delay all their plans into the indefinite future.
• Being time perspective is important to be wealthy. It refers to how far they project the future and what are they going to do in the present.

How does someone become wealthy?

Few people seemed to be wealthy. The following are the reasons.

• By spending less than they earn, people can be rich.
• Diversifying revenue sources are also necessary. Depending on a single source of income, no one will become rich.
• Firm decision making and time perspectiveness are the another reason to be wealthy.
• Working hard at the right time without delaying