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Six Disastrous Effects of Acting Rich

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I just noticed that the modern society loves acting rich. People adopt fake lifestyles to boost their social image and make others believe they are wealthy. Little do they know that acting rich is bad because of the following effects:

  1. Excessive Spending

The first catastrophic effect of acting rich is excessive spending. Many people who pretend to be rich often spend more than they earn because they continually buy expensive things to maintain their ‘rich’ status. Such individuals also spend extravagantly when they are around people to prove their ‘wealthy’ status.

  1. Excessive Borrowing

Since I started handling money, it dawned on me that most people who love borrowing money act rich. One thing I also realized is that these individuals seldom pay their debts because they have too much debt.

Pretending to be rich is an expensive thing because it makes you spend more than you earn.  When you continually spend more than you earn, you’ll have to constantly borrow money for you to meet your daily needs.

  1. Fake friends

You’ll attract several fake friends if you love acting rich.

Some people love having friends who recklessly spend on them. These people will only stick around when you have money to spend. However, they’ll be nowhere to be seen when you go broke.

Besides this, such friends will never be available when you are in need of emotional or financial support. Moreover, they’ll never tell you to control your spending habits and focus on securing a better future because they’ll always want you to spend on them.

  1. You Will Never Invest

You’ll seldom invest your money if you always act rich because excessive spending and borrowing will result in you having no money for investing. Furthermore, because your focus will be on looking rich, investing will be the last thing on your mind

  1. You Will Never Be Rich

Ironically those who pretend to be rich die poor because of excessive borrowing, lack of investments, and overspending.

‘Pretending to be rich can make you poor, learn to live within your means.’ – Alux.com

  1. You Will Be Materialistic

Pretending to be rich makes you a materialistic person. You’ll be so obsessed with material things because you’ll depend on them to look rich.

Being materialistic is bad for you because it results in hopelessness, unhappiness, self-centeredness, and selfishness. Besides this, you’ll never be satisfied with whatever you have if you are materialistic.

Concluding Remarks

With this in mind, we must stop acting rich because of the harmful effects of this behavior. We must accept our current financial positions, save more money, invest in productive projects, and riches will surely come.

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SUCCESS

5 Powerful Reasons Why Passion is a Key to Success

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I once believed that we don’t need passion to succeed. However, when I started blogging, I realized that passion is a key to success. I noticed that my passion for blogging made me write articles consistently.

Besides this, my research on successful people enlightened me that successful people are passionate about their jobs. They work 24/7 because they enjoy and love their work.

These findings forced me to think deeply about the relationship between passion and success hence making me realize that passion leads to success because it:

1.Makes it Hard for You to Give Up

It will be hard for you to give up on something when you are passionate because you won’t care about the results. You’ll only care about doing your thing, and you’ll do it even when you don’t get the desired results. For instance, if you love singing, you’ll continue singing even when you only have 5 views on Youtube.

2.Makes You a Hard Worker

Passion makes you work more hours because it makes you obsessed with your work. You’ll want to work whenever you find time because you love your work. Besides this, when you are passionate, you’ll work long hours because you won’t be able to tell the difference between work and play. For you, working will be playing.

3.Changes Your Attitudes Towards Difficulties

People who aren’t passionate about their jobs have a negative attitude towards obstacles. They either see them as threats or messages from the universe that they’ll never succeed.

However, passionate people perceive obstacles as an opportunity for growth. They are always eager to overcome them, and they believe they’ll become better at their craft after overcoming obstacles.

4.Prevents You From Wasting Time

If you do what you love, you’ll be obsessed with work because you’ll be excited about it. For this reason, you’ll want to spend most of your time working, and you’ll avoid wasting time on useless activities such as gossiping or liking and commenting on Facebook posts all day.

5.Increases Focus

Passion leads to obsession, which breeds focus. Focus leads to success because it increases the quality of your work as it makes you more skilled and knowledgeable. Besides this, focus prevents you from making mistakes and breeds consistency hence increasing your chances of succeeding.

Conclusions

People who don’t like their jobs seldom succeed because they mostly focus on getting things done. Moreover, they never reach great heights because they usually lack the motivation to improve their skills. However, passionate people have high chances of succeeding because passion increases focus, motivates them to work hard, and changes their attitude towards difficulties. And, lastly, it makes them want to work all the time hence forcing them to avoid time wasting activities.

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SUCCESS

5 Powerful Success Lessons We Can Learn From Benjamin Franklin

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I admire Benjamin Franklin because he succeeded in many fields. He was a successful politician, author, inventor, scientist and printer. He was also one of the founding fathers of America. I always wonder how he managed to achieve success in numerous fields. For this reason, I studied his life to realize his secrets of success.

After studying his life for a while, I realized powerful success lessons we can learn from this Great Man.

1.Read, Read and Read.

‘From a child I was fond of reading, and all the little money that came into my hands was ever laid out in books.’ – Benjamin Franklin

Many successful people believe that reading breeds success because it leads to the accumulation of knowledge useful for succeeding. Maybe Benjamin Franklin knew this because he read a lot. He loved reading so much that he read his father’s religious texts because they were the main books his father possessed. His obsession with reading forced his father, Josiah Franklin, to apprentice him to a printer. Many scholars agree that his reading habit played a great role in making him a great man.

2.Never Ever Wait For The Right Moment

If you want to do something, do it. Never wait for the universe to perfectly arrange things for you before you take action.

In 1721, Benjamin Franklin’s brother founded a newspaper. Benjamin Franklin became highly interested in participating in the newspaper, but he believed his position would prevent his brother from allowing him to write. However, instead of waiting for his brother’s permission, he wrote letters and anonymously placed them in his brother’s print shop. People liked the letters so much that they wanted to know him.

Benjamin Franklin never waited for the right moment. He took action when he had an idea and his audacity paid off.

3.Associate With People With Similar Interests

You can progress quickly if you associate with people with similar interests because these folks will help you learn a lot about your field.

Benjamin Franklin knew this principle because he formed an association of aspiring artists and entrepreneurs when he was 21 years old. The association enabled Benjamin to become a better artist and businessman as its members regularly discussed about art and business.

4.Failure is Inevitable

All successful people including Benjamin Franklin failed on their way to success. Despite becoming one of America’s founding fathers, some of Benjamin Franklin’s political proposals were ignored. Furthermore, despite becoming a well-known author, some of his publications failed.

Benjamin Franklin understood that failure is part of success, and he continued writing and formulating more political proposals. He eventually became a successful politician and author.

5.Work, Work and Work

It’s said that Benjamin Franklin was obsessed with work. His biography reveals how he woke up early to work long hours. Besides this, some of his famous quotes such as ‘laziness makes things difficult, and hard work makes things easier’ proved he believed in a strong work-ethic.

Benjamin Franklin knew that his strong work-ethic played a huge role in making him succeed. In his famous essay, The Way to Wealth, he wrote, ‘If You Are Hardworking, You Will Never Starve.’

Conclusion

Just like other successful folks, Franklin was an ordinary individual who adopted the features of successful people. We can also adopt these features to guarantee a marvelous future.

THE END

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