Keep reading for FREE

10 Habits That Will Keep You Poor Even If You Have Good Business

10 Habits That Will Keep You Poor Even If You Have Good Business

1. Do not have a Budget or Budgeting that is always updated.

How do you know how much money to make, spend and save if you’re not budgeting? It’s quite difficult to reach your financial goals without it. Budgeting is all about understanding how much money you make, so you can set spending goals and maybe save some money.Just knowing how much you’re spending can help you spend less as you become more aware of it. You also have to always update your budget list every day so you know for sure where the money is going in and out. Making this budget is also the first step towards financial literacy


804 reads

2. Not aware of impulsive shopping habits.

2. Not aware of impulsive shopping habits.

This habit can make you poor, usually it will be seen along with the lack of your remaining budget. This habit often comes back when you are in a place that attracts attention and can make your heart happy. Examples include buying clothes at the mall, hanging out at your favorite cafe, watching movies, karaoke with friends,etc. If you don’t know how much money you have spent, it will be much easier for you to spend more. But if you know and are sensitive about which places have a tendency to spend a lot of money, it will be easier to realize and control your shopping habits in the future.


579 reads

3. Buying goods in excessive quantities.

3. Buying goods in excessive quantities.

Have you ever bought something, kept using it only a few times and then it became a display item in the future? everyone must have done this and it makes us wonder, why did I buy it in the first place? This can happen because when you want to shop, you don’t make a clear shopping list for what items and in what amount you actually want to buy. In the business world, companies are very skilled in this field, they just have to do great marketing tricks such as (discounts, promos, buy 2 get 1,etc.) to buyers who come to be interested in buying more.


447 reads

4. Buy things that can give you a false sense of wealth.

4. Buy things that can give you a false sense of wealth.

Have you ever been to a friend’s house and his house was full of things? certainly have. When someone buys a lot of things and keeps them in the house, it will give the impression that they are rich. For example, having 2 cars, boat, bicycles, furniture, decorations that are very crowded, etc. If done often, then this bad habit can last for a long time. If you believe that buying a lot of things will make you look rich, then you are very wrong. Because rich will only be determined from the amount of cash that is currently owned, the return on investment and the number of assets owned.


499 reads

5.Buy because its cheap and quantity rather than a bit expensive

5.Buy because its cheap and quantity rather than a bit expensive

Have you ever bought an item just for the quantity over the quality? definitely yes. This bad habit can make you buy it in large quantities in a short time span, even though it has the same use. For example, glasses, shoes, smartphones, clocks, etc. If you do this often in the future, you can subconsciously make you spend more money than you originally bought because of the quality.


702 reads

6. Does not have a clear long-term goal.

6. Does not have a clear long-term goal.

Perhaps this is more common among individuals who are younger in their 20s, even though it is still common among older people. Either the reason is not having a target at all or not right on target etc. If you do not have strong and clear financial ambitions, you will tend to be careless with your own money in the future. For example, you don’t have a motive for why you have to spend as needed, save more, invest more, etc.


447 reads

7. Not investing.

7. Not investing.

Try to learn to invest your money in investment instruments that exist today. do not be afraid to lose, because the risk of loss can be minimized by continuing to learn. After all, if you put money into good stocks, bonds, deposits, etc., it will definitely provide a good rate of return and it will have an impact on the growth of your assets in the future. If you only keep money in your bank account, every year you will be burdened by an inflation rate that is much higher than the bank interest income you receive. So don’t hesitate to use your extra money to invest.


396 reads

8. Not using credit cards properly.

8. Not using credit cards properly.

One bad behavior that can keep you poor is using credit cards carelessly, such as buying things that are not very useful and are needed in the near future. Interest rates on credit cards can damage your finances in the future because they will get bigger every month. Some people don’t realize that they are wasting money because they believe that they only need to pay small at the beginning when in the future they will pay a lot of interest. Try to avoid this so that your assets can grow bigger every month.


450 reads

9. Not confident when it comes to discussing money.

9. Not confident when it comes to discussing money.

Unfortunately, many of us worry too much about discussing money and finances on our own. This happens because of a negative mindset. Without realizing it, this behavior can keep you poor in the future. If you are not confident with the money you have now, how can you achieve good financial goals in the future? Try to understand the basics of material about the world of finance, how to manage money properly, how to deal with your finances, etc. so that you can increase your confidence and open your mindset for money in the future.


362 reads

10. Increase expenses when your income increases.

10. Increase expenses when your income increases.

Most people, when they can earn more money, will definitely increase their spending or standard of living as well, such as buying a more expensive car, house, bicycle, smartphone, etc. If you want to be free from these problems, try to stay alive with the same expenses but increase the portion for investment. Because with this you will become someone who is more reliable in managing financial emotions in the future.


608 reads



I like to motivate and give advice to others. I want that everyone should be successful in their career with their skills and passion...

Ready for the next level?

Read Like a Pro


Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas


Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.


2 Million Stashers



5,740 Reviews

App Store



72,690 Reviews

Google Play

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.


Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Read & Learn

20x Faster





Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations


Claim Your Limited Offer

Get Deepstash Pro