Bridging the social-economic divide through the realities of the lower class.
Sometimes wealthy people lose touch with the realities of being in the lower class. They’ll offer advice to the poor, with no regard for the unique underlying challenges. In this one, non-rich people share the advice from wealthy people they hate the most.
Wealth inequality continues to intensify around the world, with 80% of Africa’s population languishing in poverty. We want to bridge the divide through the realities of the lower class. This is inspired by the responses on the Buzzfeed community. Let’s go!
1. Money can’t buy happiness.
While this holds in a lot of ways, it’s a lot harder to be happy when you’re broke. Dwelling on money for happiness will only get you so far. But you’ll need to be able to afford the basic things in life to find the composure to explore happiness from within.
2. Anything has to do with earning their fortune themselves
Most billionaires you see today had a very solid foundation. Africa’s richest man Aliko Dangote came from a wealthy family. And being the vibrant entrepreneur that he is, he’s turned that opportunity into millions of dollars. Becoming a billionaire from ‘nothing’ required the perfect blend of expertise and luck.
3. Make a budget, and you’ll be able to save money
This advice seems very logical, but no amount of budget can cure a low income. When you can barely live through a month on your income, budgeting isn’t your biggest problem. You need to start earning more.
“I am a master at making a budget. That’s not the problem. Lack of money TO budget is the problem.” —shawns23
4. You don’t need outside help to be rich
You don’t have to be born with a silver spoon to become wealthy. Greats like media maven, Oprah Winfrey, former Starbucks CEO, Howard Schultz and Oracle founder, Larry Ellison all came from poor backgrounds.
However, this is not denying that coming from a rich family exponentially increases your chance at affluence.
5. Invest in stocks
This advice comes up very regularly, and for non-rich folks, it’s up there with advice from wealthy people they hate the most. Investing in stocks can exponentially increase your wealth. However, it’s a high-risk investment, especially when you can’t afford to lose money in the stock market.