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5 Rules to never go broke ever again

Mr. Smith
2 min readMay 23, 2024
Courtesy of Leonardo.ai
  1. Don’t spend more than you earn

2. Don’t take loans you cannot repay

3. Don’t buy stuff or information that you don’t really need

4. Don’t waste time in which you could be making money

5. Produce. Consuming is easy but producer is the one who makes the money.

Many people are permanently broke. It’s their mentality. Once you obtain the right mind, you fix the leaking boat. It is easy from there, it’s not easy psychologically to live in a continuous state of lack, but stay positive once you get out of that hole, you will only rise.

Also, if you can find a job where you are instantly gratified it may ease your pain, and will be easier to get out of broke state of mind. Jobs like this include: waiting, sales, fix upping, taxi/uber driving, food catering. Every job that pays in tips is a great job to get you detoxed from broke state of mind.

Once you start saving your money it all becomes even more interesting.

You’ll be able to hoard capital like a dragon. And the next best thing to being a prince on a white horse, is to be a dragon with heaps of gold and quiet place to sleep at.

Of course, once you cross the mark of $100k in savings, you will start thinking about investing that…

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Mr. Smith
Mr. Smith

Written by Mr. Smith

A poetpreneur. 📝 Over 15,000 students on Udemy. I teach people to make money with poetry and tech. https://www.youtube.com/@localeconomist

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