No Result
View All Result
  • Login
Wednesday, August 5, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Money

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

by theadvisertimes.com
4 months ago
in Money
Reading Time: 3 mins read
A A
0
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

Ryanair CEO says book summer trips before fares soar, despite risk of fuel crunch canceling flights

Next Post

Halter’s smart cattle collars are on 1 million animals — with a billion more to go. Founders Fund just bet $220M on it

Related Posts

4 Grocery Assistance Programs Seniors Should Check Before Summer Ends

4 Grocery Assistance Programs Seniors Should Check Before Summer Ends

by theadvisertimes.com
August 5, 2026
0

Grocery prices continue to challenge retirement budgets, and many older adults are spending far more on food than they expected...

6 RMD Mistakes That Could Cost Retirees Money Before Year-End

6 RMD Mistakes That Could Cost Retirees Money Before Year-End

by theadvisertimes.com
August 5, 2026
0

If you’re a retiree, you likely know about (and are hopefully very familiar with) Required Minimum Distributions (RMDs). The IRS...

Adults Over 50: Ask These Vaccine Questions Before Cold and Flu Season

Adults Over 50: Ask These Vaccine Questions Before Cold and Flu Season

by theadvisertimes.com
August 5, 2026
0

Every fall, many adults over 50 schedule annual checkups, refill prescriptions, and prepare for flu season. It’s also one of...

Don’t Trust the Caller ID: How to Spot Medicare and Social Security Scam Calls

Don’t Trust the Caller ID: How to Spot Medicare and Social Security Scam Calls

by theadvisertimes.com
August 4, 2026
0

Your phone rings, and the caller ID says “Social Security Administration.” The person on the other end sounds professional, knows...

6 Retirement Tax Breaks Many Older Americans Miss Each Year

6 Retirement Tax Breaks Many Older Americans Miss Each Year

by theadvisertimes.com
August 4, 2026
0

Many retirees assume their tax bill automatically shrinks after they stop working. In reality, retirement comes with its own complicated...

Are Your OTC Medications Still Safe After 65? Here’s What Changes

Are Your OTC Medications Still Safe After 65? Here’s What Changes

by theadvisertimes.com
August 4, 2026
0

Nearly 90% of adults over 65 take at least one medication regularly, and many also rely on over-the-counter pain relievers,...

Next Post
Halter’s smart cattle collars are on 1 million animals — with a billion more to go. Founders Fund just bet 0M on it

Halter's smart cattle collars are on 1 million animals — with a billion more to go. Founders Fund just bet $220M on it

U.S. airman from F-15 shot down by Iran has been rescued after frantic search in mountainous region

U.S. airman from F-15 shot down by Iran has been rescued after frantic search in mountainous region

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
*HOT* Ninja Nutri-Blender Pro with 2 Single-Serve Cups only .99 shipped (Reg. 0!)

*HOT* Ninja Nutri-Blender Pro with 2 Single-Serve Cups only $49.99 shipped (Reg. $110!)

July 4, 2026
Court halts Knesset Finance C’ttee transfers

Court halts Knesset Finance C’ttee transfers

0
Why Isn’t AI Replacing More Workers?

Why Isn’t AI Replacing More Workers?

0
The Property Rights Duality and the Defense of Freedom

The Property Rights Duality and the Defense of Freedom

0
AI Agents Can’t Read Your Pricing. That’s Becoming A Revenue Problem.

AI Agents Can’t Read Your Pricing. That’s Becoming A Revenue Problem.

0
Oracle vs Amazon: Wall Street Strategist Picks the AI Trade’s Winner and Loser

Oracle vs Amazon: Wall Street Strategist Picks the AI Trade’s Winner and Loser

0
Solana Holds Near  As ETF Flows And Ecosystem Pilots Stay In Focus

Solana Holds Near $73 As ETF Flows And Ecosystem Pilots Stay In Focus

0
Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

August 5, 2026
Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

August 5, 2026
AI Agents Can’t Read Your Pricing. That’s Becoming A Revenue Problem.

AI Agents Can’t Read Your Pricing. That’s Becoming A Revenue Problem.

August 5, 2026
SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX created a new class of ultrawealthy. Here’s what comes next

August 5, 2026
WTW, SEI partner on private market offerings

WTW, SEI partner on private market offerings

August 5, 2026
Highlights of McKesson’s (MCK) Q1 2027 earnings report

Highlights of McKesson’s (MCK) Q1 2027 earnings report

August 5, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Global Market Today: Asian stocks drop as AI rally pauses, oil dips
  • Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events
  • AI Agents Can’t Read Your Pricing. That’s Becoming A Revenue Problem.
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact 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
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

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