THESE HABITS WILL KEEP YOU Comrades dont be broke forever. Beware
Dear Comrades,
If you want to be a youth who is in control of his life, respected, and financially secure, there are things you must never do when it comes to money.
Your financial state as a youth determines more than just your bank account—it affects your confidence, relationships, opportunities, and even your mental health.
Too many yong people work hard but still end up broke. Why? Because making money is one thing, but keeping and growing it is another.
If you don’t master your finances, you will always be at the mercy of another man.
Here are the financial mistakes that will keep you weak, stuck, and struggling forever:
- Spending to Impress Instead of Investing to Progress:
If you’re spending money just to look rich, you’re setting yourself up to stay broke.
Research from the National Bureau of Economic Research shows that most wealthy people live below their means, while many middle-class and poor individuals spend more on luxury goods.
The real flex is ownership. Assets. Investments. Skills that print money. Not designer clothes you can’t afford.
- Depending on One Source of Income:
If your entire financial life depends on one paycheck or one business, you’re playing a dangerous game.
The average millionaire has 7 sources of income—but most men have just one. If that one dries up, what happens? Panic. Struggle. Dependence.
Start building multiple streams of income. Even if you have a job, learn a skill, start a side hustle, invest.
- Ignoring Financial Literacy:
Money has rules, and if you don’t learn them, you’ll keep losing.
A survey by the National Endowment for Financial Education found that about 70% of lottery winners go broke within a few years because they never understood how to manage wealth.
No matter how much you make, if you don’t know how to manage money, it will disappear.
Read books on finance, study wealthy men, and apply what you learn. Ignorance is expensive.
- Taking on Debt for the Wrong Reasons:
There’s good debt and bad debt.
Good debt makes you richer—like borrowing to invest in a business or real estate.
Bad debt makes you poorer—like buying things you can’t afford just to show off.
If you’re always borrowing money for liabilities, you’re digging a financial grave.
- Relying on “Luck” Instead of Strategy:
Men who wait for a “big break” or a “lucky opportunity” will remain broke while others are strategically creating wealth.
Success is lengineered, not wished for. It’s the result of planning, action, and discipline.
Stop waiting for a miracle. Become the miracle through smart moves.
- Failing to Invest Early:
A study by the Federal Reserve shows that those who start investing in their 20s are far more likely to retire wealthy than those who wait until their 30s or 40s.
Even if you’re making little now, start saving and investing. The earlier you start, the bigger your financial freedom.
- Letting Women Control Your Financial Decisions:
A real man leads his own financial life.
Too many men make money decisions to impress or please women—buying gifts they can’t afford, taking on expensive dates when they’re struggling, or funding lifestyles they can’t sustain.
A woman should respect your vision, not drain your wallet. Any woman who truly values you will support your financial growth, not sabotage it.
BOTTOM LINE:
Your financial freedom is in your hands. If you keep making these mistakes, you will always be struggling, dependent, and limited.
But if you take control—get financially educated, build multiple income streams, invest wisely, and spend smartly—you will always be a youth who's in control of his destiny.
Master your money, or be mastered by it. The choice is yours. Have a nice weekend meshers