No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, March 24, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Money

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

by TheAdviserMagazine
8 months ago
in Money
Reading Time: 3 mins read
A A
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

Tokenized Stocks Mania Grows as Market Cap Soars 220% in July

Next Post

Pundit Reveals When To Take Profit From Bitcoin Ahead Of Parabolic Rally

Related Posts

edit post
Here’s Why Nearly Half of Workers Say They Feel Like Impostors

Here’s Why Nearly Half of Workers Say They Feel Like Impostors

by TheAdviserMagazine
March 24, 2026
0

Editor's Note: This story originally appeared on MyPerfectResume.com. Confidence has become a workplace requirement. Employees are expected to sound certain...

edit post
Success is a Sausage – Here Are the Ingredients

Success is a Sausage – Here Are the Ingredients

by TheAdviserMagazine
March 24, 2026
0

  Many people love to eat sausage because it tastes so good. But, if you ever witnessed how sausage was...

edit post
The Medicare Advantage Collapse Rocking Vermont

The Medicare Advantage Collapse Rocking Vermont

by TheAdviserMagazine
March 23, 2026
0

Thousands of seniors in Vermont have been shocked by changes to the healthcare system recently. Seemingly overnight, a staggering number...

edit post
Are You a Job-Hugger? 5 Ways Clinging to a Bad Job Will Cost You

Are You a Job-Hugger? 5 Ways Clinging to a Bad Job Will Cost You

by TheAdviserMagazine
March 23, 2026
0

The Bureau of Economic Analysis recently handed down some ugly numbers, revising Q4 GDP growth down to a sluggish 0.7%....

edit post
30 Best Stay-at-Home Jobs for Moms and Dads

30 Best Stay-at-Home Jobs for Moms and Dads

by TheAdviserMagazine
March 23, 2026
0

Editor's Note: This story originally appeared on FlexJobs.com. Stay-at-home parents can find remote jobs in many fields, making it possible...

edit post
3 Places You Should Sell Your Gold and 3 Places You Shouldn’t

3 Places You Should Sell Your Gold and 3 Places You Shouldn’t

by TheAdviserMagazine
March 23, 2026
0

Right now, gold is trading near record highs. It recently surged past $5,000 an ounce. That means if you have...

Next Post
edit post
Pundit Reveals When To Take Profit From Bitcoin Ahead Of Parabolic Rally

Pundit Reveals When To Take Profit From Bitcoin Ahead Of Parabolic Rally

edit post
Who Said Money Equals Power?

Who Said Money Equals Power?

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
Georgia’s 0 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

Georgia’s $250 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

March 21, 2026
edit post
Stop Managing the Excess Inventory Backlog. Start Clearing It.

Stop Managing the Excess Inventory Backlog. Start Clearing It.

0
edit post
Commodity Radar: Explained: Why gold’s safe-haven appeal is weakening and how to ride the volatility

Commodity Radar: Explained: Why gold’s safe-haven appeal is weakening and how to ride the volatility

0
edit post
Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk

Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk

0
edit post
Invesco to take leadership of Superstate’s 0 million USTB tokenized fund

Invesco to take leadership of Superstate’s $900 million USTB tokenized fund

0
edit post
Here’s Why Nearly Half of Workers Say They Feel Like Impostors

Here’s Why Nearly Half of Workers Say They Feel Like Impostors

0
edit post
Israeli traffic management co NoTraffic raises m

Israeli traffic management co NoTraffic raises $90m

0
edit post
Stop Managing the Excess Inventory Backlog. Start Clearing It.

Stop Managing the Excess Inventory Backlog. Start Clearing It.

March 24, 2026
edit post
Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk

Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk

March 24, 2026
edit post
Invesco to take leadership of Superstate’s 0 million USTB tokenized fund

Invesco to take leadership of Superstate’s $900 million USTB tokenized fund

March 24, 2026
edit post
Here’s Why Nearly Half of Workers Say They Feel Like Impostors

Here’s Why Nearly Half of Workers Say They Feel Like Impostors

March 24, 2026
edit post
Hainan endorses CGMA in new finance talent drive, AICPA says

Hainan endorses CGMA in new finance talent drive, AICPA says

March 24, 2026
edit post
Israeli traffic management co NoTraffic raises m

Israeli traffic management co NoTraffic raises $90m

March 24, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Stop Managing the Excess Inventory Backlog. Start Clearing It.
  • Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk
  • Invesco to take leadership of Superstate’s $900 million USTB tokenized fund
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

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

Welcome Back!

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
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

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