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.
- 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.
- 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.
- 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.
- 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
- 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
- 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.
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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8 Powerful Success Lessons We Can Learn from Billionaire Art Williams’ Speech: JUST DO IT
Art Williams (Net Worth – 3. 5$ Billion) is the founder of A. L. Williams & Associates. In 1987, he gave a powerful speech which is considered one of the greatest motivational speeches ever. In the speech, he revealed the primary factors that result in winning in business.
I always listen to the speech because it motivates me to take action, and also reminds me about the things I must continuously do for me to succeed. Below are 8 success lessons I learned from the Art William’s speech
- It’s Impossible to Win in Business if You Don’t Possess Mental Toughness
Success in business requires positivity, the ability to focus, and self-confidence. People who lack these qualities seldom succeed in business because they fall for distractions and give up during hard times. Mentally tough people succeed because they can persevere the difficulties they face in businesses since they are positive, focused, and self-confident.
- A College Degree in Business is Not Worth The Paper It’s Written On
According to Art Williams, a degree in business is not worth it as most business professors have no business experience because, as he puts it, “they deal with a bunch of theory.”
I support Art Williams because I have a business degree and I’ve never seen its importance in the business world. The business world needs experience and not papers. No matter how many degrees you have, you need experience for you to succeed in business. For this reason, an individual without a business degree but has business experience is more likely to win in business than a person with 100 business degrees with zero business experience.
Furthermore, many people who succeed in business don’t have business degrees because these degrees prepare students for employment. You can’t succeed in business by being prepared for employment, and being taught by someone who has never been in business.
- Artificial Things are not the Key to Winning in Business
Today, many people think that for an individual to succeed in business, he or she must have artificial things such as a high I.Q, and a college degree. Little do they know that the inner qualities of an individual are the primary key to winning in business.
That being said, a mentally tough person who knows how to relate with people is more likely to succeed in business than an antisocial, depressed person with a P.H.D in business.
- To Succeed You Must Get Excited
According to Art Williams, only the people who get excited with the journey to success succeed. Excitement makes you do things passionately and enthusiastically hence making it impossible for you to give up. It also makes you work hard because you become obsessed with whatever you are doing.
Furthermore, excitement leads to success because it makes you attract people who are willing to help you achieve your dreams. People prefer working with excited positive people to sad pessimistic folks. Therefore, GET EXCITED.
- Become a Dreamer
Art Williams agrees that having a dream is a key to winning.
I also believe that having a dream makes you win because in my experience, a dream inspires you to work hard and achieve big things. My dream to have millions of readers in my blog and to inspire the world with my pearls of wisdom always makes me excited and obsessed with working hard because I know that I will be the happiest person in the world if I live the life of my dreams.
This dream makes me work even when I don’t feel like working, and it also makes me embrace obstacles knowing that they are necessary for success.
- Believe You Can
If you believe YOU CAN’T you will fail because the subconscious mind always attracts situations that match with your thoughts. Besides this, believing YOU CAN’T will result in you wrongly interpreting obstacles since you will see them as a proof that you can’t achieve your goals.
Therefore, for you to win, you must believe YOU CAN.
- If You Want to Win You Will Be Controversial
If you want to win you will be controversial because you will have to do things that many people don’t. You will have to believe in achieving big things, and you will have to come up with unique products or services that people have never seen. For this reason, people will doubt your success.
- You Need a Firm Spiritual Life for you to Succeed in Business
Spiritual practices such as meditation can influence success in business because they clear the mind and make it possible for a person to make clear decisions. Besides this, embracing a spiritual life leads to inner peace that helps an individual succeed because a person with inner peace never worries when he or she meets obstacles on the journey to success.
You can check out my article, Does Spirituality Influence Financial Success for a detailed explanation of how spirituality influences financial success.
Hope the article helped. Thanks for reading.
You can find me at my private Facebook community: The Unbounded Wisdom Community for more ideas about success
If You Are Chasing Your Dream, You Are Fucked
This article is strictly meant for all those fucked up folks chasing their dreams. I always give you guys good news, but today I have bad news for you.
I believe you’ve put yourself in serious trouble by deciding to pursue your dreams because you have no choice but to persevere the hardships that all dream chasers face. You’ll have to endure the sleepless nights, anxieties, doubts, the feeling of giving up, and all other ‘negative’ things associated with dream chasing.
The good thing is that you can avoid these hardships by giving up. However, if you give up, you’ll have to live with deep regret and severe depression for the rest of your life because you’ll see people who were less skilled than you achieving what you gave up on.
Let’s say you want to be a rich and famous actor, and you know that you have higher chances of achieving this dream than most people. However, you give up after facing various challenges. A few years later, you see the people you knew were worse than you becoming award-winning actors. How will you feel?
You’ll feel bad, and people will notice it, and they’ll remind you that you had a better chance at succeeding yet you gave up.
That being said, it’s clear that you are fucked if you are following your dreams because you’ve set yourself for either regret or facing the many obstacles dream chasers face.
You’ll live with regret if you give up, and if you don’t give up, you’ll have to work hard till the day you’ll succeed. You’ll have to make lots of sacrifices, face criticism and rejection, force yourself to work every single day, risk failure, and experience slow progress even though you are working your ass-off.
I’m sorry for you dear because as a dream chaser, there is no turning back since you are like someone who landed on an island and burned all his boats. You just have to face the hardships dream chasers face or give up and drown in depression, stress, and anger forever. Either Way, You Are Fucked.
It’s horrifying, but it’s the damn truth. Following your dreams isn’t all fun and games, and so is living with REGRET and drowning in alcoholism because you gave up.
I love you so much. Thanks for reading
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