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Six Disastrous Effects of Acting Rich

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I just noticed that the modern society loves acting rich. We adopt fake lifestyles to boost our social images and make people believe we are wealthy. Besides this, we love acting rich so that we impress our friends, neighbors, and spouses. Little do we 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 are those who act rich. One thing I also realized is that these individuals seldom pay their debts because they have too many of them.

Pretending to be rich is an expensive thing folks, and for this reason, it will result in you spending more than you earn.  When you continually spend more than you earn, you will have to constantly borrow money for you to meet your daily needs.

  1. Fake friends

You will attract several fake friends if you love acting rich.

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

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

  1. You Will Never Invest

You will seldom invest your money in productive projects if you always act rich because you will have little or no money to invest as a result of excessive spending and borrowing. Furthermore, because your focus will be on looking rich, investing will be the last thing that will come to 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 will be so obsessed with material things because you’ll depend on them to look and act rich.

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

Concluding Remarks

With this in mind, we must stop pretending to be 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.

DO YOU AGREE WITH THE ABOVE EFFECTS? STATE YOUR OPINION IN THE COMMENT BOX BELOW

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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

You can find me on my insightful facebook community: the unbounded wisdom community where I share powerful quotes and ideas on success, spirituality, mystery, and many more topics.

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SUCCESS

5 Unbelievable Factors That Make People Work Extremely Hard

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Mentors, a strong purpose, and motivational stuff are some of the main factors that have made people work extremely hard. However, there are also unique but not necessarily positive factors that have made people work extremely hard towards their goals. Guess you are ready to know them.

Here are they:

  1. The Desire to Prove People Wrong

Many people have worked extremely hard towards their goals because they wanted to prove the naysayers wrong. These folks wanted to show the people who doubted them that they can achieve greatness.

An example is Arnold Schwarzenegger. This guy worked extremely hard in his acting career because he wanted to prove wrong the people who told him that he won’t be a successful actor since he had a German accent, and a body that was too big for acting.

  1. Competition

Even though I have discouraged competition in my previous posts, I believe that it sometimes makes people work extremely hard. Many bloggers, musicians, and business owners have worked extremely hard because of the fierce competition in their niches. These folks knew that they would fail to secure a sizeable market share if their competitors outworked them.

For this reason, it’s inarguable that competition can force you to work harder whether you like it or not because if you don’t work hard when facing stiff competition, your competitors will become better than you and throw you out of the game.

  1. Faith

A large percentage of successful people succeeded because they had faith in their dreams. Faith made them completely sure that they will achieve their dreams if they worked harder, and therefore, it motivated them to work hardest towards their goals.

Recently, I realized that people who believe in the achievement of their dreams often work harder than those who doubt. Doubt drains your energy because it demotivates you, while faith pumps energy in you and motivates you to push yourself harder because you firmly know that success will come if you toil.

  1. Pain

People also work harder towards their goals if they believe that achieving them will eliminate some sort of pain. For instance, the pain of living in poverty motivated Eminem to work extremely hard towards a better life. In some of his songs, the rapper reveals how the pain he felt when he realized that his 9-5 salary could not sustain his family forced him to work very hard in music.

All the pain inside amplified by the fact that I can’t get by with my 9-5, and I can’t provide the right type of life for my family – Eminem, Lose Yourself

  1. The Need to Use Success As Revenge

“Success is the best revenge to pay you back.” – Eminem, Where I’m At.

I know people who are working so hard because they experienced rejection. These folks believe that working harder will make them meet success and make the people who rejected them regret.

Conclusion

Besides faith, the above factors show that you can use negative states of mind to push yourself harder. The main reason we are always encouraged to use positive factors to push ourselves harder is because most of the time, factors such as pain, competition, the need to revenge and prove people wrong, work against us.

What other unique factors do you know that can make people work harder?

You are welcome to join my facebook community; The Unbounded Wisdom Community for insightful ideas and wondrous nuggets of wisdom.

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