Tag: poverty
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Poor People Stay Poor Because They Are Afraid of Being Judged
Poor people stay poor because they are afraid other poor people will judge them for trying to get rich. -Dave Ramsey I think this is very appropriate, we are victims of our environment and we are deeply influenced by the people around us. I have a few friends who are rich, and I try to…
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Johan Norberg, in defense of Capitalism
in podcastJohan Norberg is a Swedish author and historian of ideas, devoted to promoting economic globalization and what he describes as classical liberal positions. He is the author of: Marx and Engels were right when they observed in the Communist Manifesto that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. A century…
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Passion or money? Which one do you choose?
I was watching a YouTube video featuring Influencer Patricia Bright from England, who mentioned that she prioritizes money over passion. One reason she cited is having experienced poverty, compelling her to prioritize financial stability. In my earlier years, I prioritized money, undertaking various jobs unrelated to my passions. I pursued finance and learned stock market…
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To get out of poverty, take full responsibility of your circumstances
Life is not fair, it has never been fair. Some people are born with a silver spoon in their mouth and some people have to start working in low paying jobs as soon as they are able to work. But with determination, that under privilege person can do a lot to get out of poverty.…
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How to stop being poor
At one time, I was extremely poor. I soon figured out that being poor was not where I wanted to be, so I decided to stop being poor. I came to Canada as an immigrant with no money, no connections, no language skills, no intergenerational wealth, no education—nothing. I worked my ass off, going to…
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How to deal with uncertainty in investments and life
How to deal with uncertainty in the stock market “I will invest in the stock market when things calm down,” said my friend Mercedes after the market crashed following the COVID pandemic. Another friend said something similar after the terrorist attack of 9/11. The thing is that in the markets and in life, everything is…