Why Most Poeple Die Poor?? Does Money Matter???

Hello steemians !!!! today i would like to explain u why most people die poor?? " If we born as poor its not our fault but if we die as poor thats our fault."these lines were told by famous businessman.

we often think like this "I don't have to worry, I'm still young."
How many times have you heard people say this? For that matter,
how many times have you said it yourself? Each time we hear it, we wonder at what age that person will begin to view the aging process as a reality.
As we settle into my own middle years, we see clearly how the lives of our classmates, friends and peers have been unfolding. while some are doing exceptionally well financially, the majority are running on treadmills never quite able to catch their breaths. They get up in the morning, go to work, enjoy the coffee breaks, return home, eat, put the kids to bed, watch TV, sleep and spend weekends dreading Monday mornings and worrying about how to pay the bills.

What I'm describing are educated, middle-class people beginning to experience the professional, financial and social plateau. They nolonger say, "I don't have to worry, I'm still young." They feel themselves falling behind even though they work harder and harder. Worst of all, they don't know what to do to stop the vicious cycle that is consuming their lives.
people ranging in age from 60 to mid-90s. Viewing life through their eyes, we can gain Priceless lessons which can be applied in our own lives. When people were young they had mote energy and vitality they don’t realize what effects the aging process would have on their lives, nor did they really care.

We need to realize that health and finances need to be cared for when we're young, not when we're old. Generally many people had thought about it, yet had no real concept of how age would affect them. In fact, most people say something like this when they become old: "The years went by so quickly, before I knew it my working years were over and I found my retirement income wasn't enough."

All too many of us live on the hope that tomorrow will be better. But just as a person's health is a result of habits, so is a person's financial position. Too many of us treat our health the same way until we begin to lose it. After all, one pack of cigarettes might not kill a person. But one pack a day for thirty years might! Similarly "just making ends meet" for one month can't do us a lot of harm. But thirty years of "just breaking even" can. Unfortunately, when people are young it's not always obvious to them that the quality of our lives in their retirement years will depend on how they prepare for it in their youth.

A man who is in his early 70s represents one of the more touching examples. Ravi spent his working life as a government employee. Just before he retired he and his wife both became very ill. Ravi’s insurance did not cover his wife's illness adequately, so he borrowed against his house. The good news is that she survived, although she will be bedridden for the rest of her life. The bad news is that the ordeal of two illnesses and a diminished income left them with huge debts. Less than a year after he retired, Ravi was forced to sell his house in order to pay even his more pressing bills, but it wasn't enough. Soon they began living on credit cards. Eventually the court had to step in In the two years. He and his wife have had to move out of two desirable retirement complexes because they could no afford to live there. They found refuge in a charitable organization's retirement home. He hates being a burden to his children, who are not in good financial shape themselves. He told that "I spent 47 years working hard so I could enjoy retirement, but now I'm working harder just to survive."
Whenever we ask any one of our friends about their financial fitness, the walls of their minds slam shut. They act as if they have been personally attacked. If the subject of money isn't even more taboo than fat! People don't like to talk about it, or think about it, especially if they are in trouble. Most of these People earn substantial salaries, so why don't they want to talk about it? Because even though their incomes are high, so are their debts. And to add to it, their savings are minimal; the only investment they have is their home, which may not be as spectate as they think. Like too many others, they barely break even every month because so much of their income goes to paying debts from excesses of the past.

Often people say they are buying a home as an investment. That Statement is a misuse of the word "investment". It would be more accurate to call a home a "necessity" and say that "investments" are tools to support your "necessity." Or, as one saying goes, "Never be your own tenant." A person should buy four houses, one to live in and three for Support in retirement years. Excessive? Just think about it.
If your home is your largest "investment," you should consider read some books on investing soon. Then talk to older retired people some who planned well and others who didn't. Too many middle-aged baby boomers still think as their parents did that their home and their recurrent income will be adequate for the future. It may be, but I wouldn't count on it.

If you are between the ages of 35 and 55, and living month-to-month with no investments, your senior adult years will most likely be painful ones.
Broad categories of wealth and health that we all need to be think about and discuss:
a) Health and no financial wealth
b) Financial wealth and no health
c) Financial wealth and robust health
d) No financial wealth and no health
e) Eroding financial wealth and health

When we lost our financial wealth, our physical health also rapidly deteriorated. In the ten years it took us to rebuild our self-esteem and financial wealth, our physical health took a beating. we know if we do not change direction we will
wind up in category 2, "financial wealth and no health."

Where are you?
Think about it.
Think where you are on today, and where will you be when your working days are over?
Will you have the health and financial resources you desire? Will you be able to do all the things you want to do? Will you be able to travel and see all the places you want to see? Or will old age be little more than a struggle for survival? Will you spend your later years worrying about catastrophic medical expenses and inadequate insurance coverage? Will you spend them in regret, wishing you had done something about your future earlier?
Will you become a burden to your children?
Part of the problem we have with thinking ahead and planning for the future is that we live in an "instant society." We all want things right now, and there is an expectation that everything should be available at our time of need. We have fast food restaurants, atm’s. It seems that we don't really have to think ahead for anything anymore. In the past, people had to plan their banking on weekdays according to bank hours. Now withdrawals and deposits can be made with the help of a machine 24 hours day.
This Crave for immediate satisfaction of all our wants and needs led to a very destructive "get-rich-quick" way of thinking. Wouldn’t love to get rich overnight! We should have to learn it don't work that way. we can't lose 30 pounds of our weight ovenight. And we know we'd have to run more than a couple of miles to strengthen our heart. Success rarely comes to anyone instantly. As the years pass, we begin to feel more discomfort about our financial situations. The result is that either we start taking more risks or we repeat into ourselves and take no risks whatsoever, clinging desperately to whatever we have. Some of us play the lottery, hoping to find salvation from our financial wipes. Others fall prey to con-men who lure us into attractive "get-rich quick" investments that are doomed to fail.

If Our children are taught the principles of money and business, Which could be easily done with games as simple and fun as the old standby Monopoly, everyone could learn how financial well-being can be theirs regardless of race, colour,familybackground or educational degrees. Why can't our educational system teach these basic skills for survival?At the very least, we should insist on that much. Coutd it be that by doing so education would lose its last big threat, no longer able to say, "If you don't study hard, you won't get a good job." We would have to abandon fear as our main motivator and start motivating students through the sheer love of learning. There is a saying: "If you do not change the direction you are heading, you may wind up where you're going." So, what might this mean in today's society where most young people look upon education as a prison sentence? It's a frightening prospect to say the least. It is time we
took a long, hard look at that and charted a new course where young minds can become the very best they can be. It is time for all of us to look long and hard at our educational priorities, accepting the reality that unless we are succeeding in teaching virtually every citizen the rudiments of how to achieve economic well being in our society we are failing ourselves and our children.
I am sure you learnt something by reading this writing .. thank you

i hope that you guys like this writing and if u want to see more of my updates follow me @bharathpreetham . I feel very thankful to @jerrybanfield for inviting me on steem it. If u have any doubts or if u wanna add some more things that make this post better one u can comment them below. Always becool and stay healthy are my priciples.keep smiling guys..

The pictures i used were taken from pixabay.com under creativecommons

If u want to read my introduction post please go through this link :
https://steemit.com/introduceyourself/@bharathpreetham/my-journey-began-on-steemit-here-is-the-story

If u want to read my story on emotional intelligence please go through this link :
https://steemit.com/psychology/@bharathpreetham/learn-the-power-of-emotional-intelligence-and-stay-healthly