15 Things Poor People Think Are Wasteful But Make You Richer

when money is tight and survival is the priority anything beyond the basics can feel like a waste but what might look like wasteful spending often turns out to be an investment one that pays back in ways that transform your future it's the small choices that create opportunities that compound over time and recognizing the value of these Investments can shift your perspective so you can move away from constantly treading water and toward building something solid and in so let's get into it number one time to think poor people feel like they're constantly working or surviving so

taking time to pause and reflect seems like wasted time when you're caught in the grind of survival working extra shifts paying your bills or juggling responsibilities any pause can feel like a luxury you can't afford but look okay time to think is one of the most underrated Investments you can make because it holds the key to every other decision in your life it's the constant motion that traps you in cycles of urgency so your immediate needs overshadow long-term Solutions when you don't have time to think problems repeat themselves opportunities slip by and the stress of

just getting through becomes your way of life even the wealthiest people in the world prioritize time to think because they know decisions made in Clarity are worth far more than the time spent reacting Bill Gates he's got his think weeks Warren Buffett has Daily Reflection because they know that thinking is a multiplier of everything they do and the same principle applies to you even a short break can create breakthroughs that Ripple forward when life feels overwhelming the instinct is to keep on moving but sometimes the smartest move is to stop stop number two an emergency

fund when you're living paycheck to paycheck every cent already has somewhere urgent to go so the idea of an emergency fund seems totally unrealistic when rent bills and food barely fit into your budget the idea of putting money aside can feel pointless like saving for something that may never happen savings feels like a privilege reserved for those who already have extra money to spare but that perspective is ex exactly what keeps people stuck without an emergency fund a single unexpected expense like a flat tire or a sudden doctor's visit can turn into a financial disaster

instead of paying for it outright you're forced to borrow then you have to deal with high interest loans or credit cards you end up not just paying for the problem but also the privilege of fixing it late suddenly a $200 car repair becomes a $400 debt and that cycle repeats so it's harder to get get ahead an emergency fund breaks that chain even a small amount just enough to cover a small surprise can stop you from sliding into debt over time this creates stability and breathing room without a plan for the unexpected you'll always be

one surprise away from starting over number three learning High income skills when immediate bills are piling up spending time or money on courses can seem like an Indulgence and that's definitely not a priority the reality is though staying stuck in low paying work costs far more over your lifetime without skills that can command higher wages you're trading hours for survival rather than building a path to Financial Security High income skills like coding digital marketing graphic design or data analysis are tools that transform your earning potential they allow you to step out of jobs that barely

cover your expenses and into roles that pay you for your expertise not just time and these skills create opportunities Beyond traditional jobs you can do freelancing remote work or start a business suddenly things that give you more control over your time and income the barrier often isn't the cost of learning it's the belief that it's Out Of Reach because it isn't when you invest in skills the world values you stop settling for survival wages and you start building something that no one can take from you expertise that pays for years to come because nobody can

change their financial situation without upgrading what they offer number four a good night sleep when bills are overdue shifts run late and stress keeps you awake rest can seem like the easiest thing to sacrifice because those hours spent sleeping they don't immediately pay rent or put food on the table but cutting sleep to get ahead has the opposite effect it makes everything harder more stressful and more expensive when you don't sleep properly you drain your focus in decision-making skills critical tools for getting yourself into a stable financial situation sleep on the other hand is a

tool that multiplies your efforts rested minds think clearly solve problems faster and make smarter choices rest isn't a luxury reserve for the wealthy it's the foundation that allows you to perform plan and push forward toward a better life number five quality clothing you know when cheaper fast fashioned clothes seem to offer the same function for a fraction of the price of quality clothes while spending more on the quality stuff feels like a bad trade you can't see any immediate value in getting price to your garments other than like feeling good which is exactly where the

best value lies good quality clothing influences how you're perceived and more importantly how you see yourself confidence matters especially in situations that can change your future like interviews business meetings or networking events the right outfit can help you to feel sharper and more capable and leave a stronger impression and of course it's a lot more durable lowquality clothes wear out quickly seams will rip colors fade fabric stretch and replacing them again and again costs far more in the long run cheap clothing drains your wallet slowly and leaves you stuck in a cycle of buying what

doesn't last high quality clothing on the other hand pays for itself you spend once and save countless times investing in clothing that holds up over time is like putting money back in your pocket while also keeping your life structured and simple so the next time you're facing some sticker shock looking at a brand new jacket just imagine what the cost per wear on that jacket will be if it lasts you 10 years number six a reliable car when you're strapped for cash and you need a car of course your first instinct will be to go

for the cheapest option all you want is something that gets you from point A to point B because it's the most affordable upfront but when that car breaks down repeatedly every cheap Choice ends up cost in Far More a reliable car on the other hand is an investment that pays for itself so instead of focusing on the lowest upfront price think about the total cost of owning the car over time how reliable it is how much you'll spend on fuel and how often you'll need repairs just like with the clothing it's worth spending a bit

more upfront to get a good Dependable model you can get a mechanic to inspect it first or look at affordable financing options a good car allows you to take control of your time and money so the cheapest option isn't always the smartest one it's the kind of investment that will stop you from falling behind when everyone else seems to be running ahead number seven hiring help for small tasks now there's a hidden cost to trying to do it all you lose time energy and maybe even opportunities to focus on what actually moves you forward so

while hiring help might seem like a wasteful unnecessary expense if you use that save time and energy productively you'll make it more valuable the hours spent scrubbing floors waiting in lines or sorting through chores could be used to take on extra work learn a high value skill or plan the next steps in your life paying someone else to handle the low value tasks can help you to free up energy and focus to put on things that bring you more money like growing a side business improving improving your skills or getting yourself a promotion you can't

build wealth when you're stuck doing everything by yourself paying somebody else to help you out actually has nothing to do with luxury it's making sure you see your time as a resource and you use that resource wisely number eight access to a quiet space when you're working long hours juggling responsibilities or barely making ends meet the idea of stepping away to sit in silence feels unproductive right like a waste of time you could spend that earning problem solving or handling the next urgent task it's easy to believe that enjoying quiet time doesn't serve an immediate

purpose because it doesn't visibly put food on the table pay the bills or fix problems in front of you in that mindset quiet time becomes something reserved for people with the privilege of extra time or money but a quiet space is where the most valuable work happens it's where you and step back reflect on your situation and find ways to improve it dismissing quiet as unnecessary is what keeps its true power hidden some people think it's about doing nothing but in fact silence gives you the mind to do the right things quiet isn't a luxury

it's a tool that amplifies your ability to grow if you can't find it creating it through small moments of solitude noise cancelling headphones or intentional time alone becomes a worthwhile investment the ability to think deeply and focus is what separates those who just survive from those who build something better number nine books if it's a choice between books and bread obviously bread is going to win but putting even just a little bit away to invest in a good book will pay back in dividends in the future the right book can offer knowledge strategies and New

Perspectives that change how you see the world and how you approach money work and opportunities you're not buying an object no you're investing in a tool a single book can teach you skills that increase your income like personal finance strategies negotiation techniques or how to start a business for the price of a cheap meal you gain access to years of someone else's experiences and mistakes information that could save you thousands of dollars and years of struggle this is where you level up sharpen your thinking and expand your creativity the most successful people know this okay

books are shortcuts they allow you to tap into the minds of leaders entrepreneurs and experts who've already figured out what works when you read you're not starting from scratch now you're building on somebody else's knowledge and experience number 10 Financial education now it's easy to think that learning about taxes or investing is pointless when the focus is just making it through the month but this belief keeps you stuck because without understanding how money works it's impossible to make it work for you knowledge about finances isn't just for people with wealth it's how wealth is created

one smart decision at a Time Financial ignorance is expensive okay it leads to costly mistakes like late fees High interest debt and bad loans when you understand finances You Take Back Control you make decisions based on strategy not survival and those choices compound into stability and growth we're really big on the concept of compounding here at alux and not just with your Investments but with your knowledge too within the alux app there are several collections of lessons dedicated to increasing your financial wisdom and guide you through building SU stainable wealth step by step and to

make sure you're starting the new year with all the tools and resources you need to crush your goals Financial or otherwise we're hooking you up with our biggest app discount ever if you download the Alex app and scan the QR code on screen you'll get 50% off the yearly membership hundreds of thousands of entrepreneurs CEOs managers and high Achievers just like you are already using the app to level up straight across the board but are you going to join them the app pays for itself within the first month alone but you'll never know unless you

try we'll see you on the inside number 11 good nutrition and exercise now most people have this idea that healthy foods and paying for a gym membership costs far too much but look okay like anything there are cheaper ways to do it and you can still do it right like you don't need organic produce for all of your health healthy food fresh is good enough and you don't have to go to the most Hightech expensive gym there are plenty of smaller more affordable places ignoring good nutrition and exercise because it's too expensive shows you haven't

done your research properly and it's going to end up costing you way more in the future skipping that cost might feel like saving in the moment but there's a hidden price to neglecting your health and it adds up over time these are tools to strengthen your body and mind which helps you to perform better and save on future health care costs so you should use them number 12 investing in tools not toys quick satisfaction check low cost check why spend more when you can get cheaper gadgets and entertainment for a much lower price well because

those things tend to lose value the moment you buy them because the number of times you can use them is capped when you invest in quality tools they pay for themselves many times over they generate income and create opportunities the right tools give you leverage a laptop equipped with the right software can help you to learn coding start a freelance career and build a side business a professional camera can turn photography skills into a stream of income highquality tools aren't just purchases they're stepping stones to what allow you to develop skills the difference between someone

earning minimum wage and someone growing their income often comes down to what tools they have in their kit number 13 therapy or mental health support now it's hard to justify spending money on something that doesn't seem to directly solve financial problems but mental health isn't separate from your ability to earn plan and make progress It's the foundation for all of it when your mind is weighed down by stress or anxiety it's harder to think clearly and make good decisions how can you stay focused on the steps to move you forward when your mind is running

a million miles a minute you need that clear mind it's what's going to help you spot patterns in your behavior that keep you stuck and replace them with habits that move you closer to success number 14 networking events now the idea of paying for conferences meetups or the travel costs to attend seems kind of crazy when you don't get an immediate payoff but those are the places where you make connections and connections are the invisible currency that separates those who stay stuck from those who move ahead opportunities don't just appear out of thin air okay

they come through people and networking puts you in the room with those people most folks are hired or promoted because of their network not just their skills going to a networking event puts you in line to be the first for opportunities it gives you an immediate Edge that will eventually pay off even a single meaningful connection can multiply your income and set you on a path that you probably wouldn't have found all by yourself and number 15 investing in relationships now investing in relationships seems pointless when you barely have time to invest in yourself but

the thing is relationships are far more than emotional bonds they are the support systems that carry you forward offering opportunities guidance and shared growth that you cannot create alone strong relationships open doors that effort alone cannot relationships aren't immediate transactions you have to build connections that multiply in value over years sometimes in ways you can't yet predict take taking care of your relationships doesn't always need grand gestures something as simple as sharing a meal remembering someone's issues or celebrating their wins investing is a strategic move that builds the kind of support and opportunities that you

just you can't achieve alone and since you stuck with us until the very end alexir we've got a bonus for you and today's bonus is time off because for a lot of people time off can feel like a distant goal one that you're keeping for when you retire but you're missing out on life when you live that way and you're keeping yourself stuck in a loop without rest the cost to your body mind and productivity is far greater okay rest allows your brain to reset improving creativity problem solving and decision-making skills that directly impact how

effectively you earn save and grow when you step back even for a short time you come back with a sharper mind and more energy working endlessly isn't the only way to get ahead okay because that just leads to overworking when you prioritize time off you're protecting your most valuable resource yourself and that's all from us today Alexa so nice having you with us we'll see you back here next time until then take care my friend