Your poor and miserable life won’t be changed overnight. Not in a few days for sure. Not even in the next few months, that is definite too.
But!
It will be transformed into better, richer, and happier in the coming years.
and how is that going to happen?
Transformation. Your transformation.
You have to be Smart, and you must set your SMART goals.
Specific, Measurable, Achievable, Relevant, and Time-bound (SMART) goals.
Got it!
Let’s figure out how to do it. So that you can answer yourself better than anyone, ‘How To Change From Poor To Rich?’
Start Developing a Rich Mindset
If you truly want to come out of your poor life, you must first start thinking about it with a belief.
A belief that you are coming out of your miserable poor situation every second and every day of your life.
A belief that you are finding the solution and can be wealthy like others in this world.
I know it seems ridiculous, especially for someone who is struggling to fight against poor situations in life.
But You must understand,
“Believe in yourself. You are braver than you think, more talented than you know, and capable of more than you imagine.”
Trust me or not, the way you think about yourself or your financial situation, can have a dramatic impact on the ability you are going to earn money in your life.
Rich mindset vs Poor Mindset – It’s all about Faith
To start the journey of how to change my poor life to rich, first, you must understand the difference between Rich and Poor mindset.
Rich mindset = Effective Mindset = abundant belief system
Poor mindset = Destructive Mindset = limited belief system
1- A rich Mindset creates a door of opportunities, whereas a poor mindset either waits for an open door of opportunities or behaves like there is no door.
2- A rich Mindset leads to action and keeps momentum to get results, whereas a poor mindset wastes time delaying to start or even if start, leaving in the middle of the task often.
3- Rich mindsets Play the Money Game to Win, Poor mindsets play the money game not to lose.
4- Rich mindset people Think Big, Poor mindset people think small.
5- Rich Mindsets Are Bigger Than Their Problems, Poor people are smaller than their problems.
6- Rich Mindsets Always Focus on Positive Attitude, Poor mindset people lack a positive attitude.
7- Rich Mindsets Are Better At Risk Management, Poor mindsets often live in fear of taking new risks.
8- Rich mindset People Build Multiple Streams of Income, Poor mindset people have one stream of income – their job.
9- Rich Mindsets Believe in Saving, Investing, And Multiplying, while Poor mindsets splurge on materialistic things and end up saving nothing to invest.
10- Rich mindsets understand the importance of education. They learn and update their skills, Poor mindsets are inattentive to constant learning.
How to Transform from a Poor Mindset to a Rich Mindset
Before knowing how to shift a poor mindset to a rich mindset, you must remember that it is a journey that requires time, effort, and patience.
It’s all about believing in yourself, in your dream, in your hard work, in your commitment to learn new skills, and in your dedication to put everything you have.
Here are a few points to be followed-:
- Cultivate your mindset toward abundance, possibility, and opportunity.
- Goal setting, focus on your targets
- Get comfortable with learning new skills and Knowledge
- Be Financial disciplined and practice savings, budgeting, and investing
- Keep your growth in mind
- Stay with people who make a positive environment for you
- Seek mentorship for guidance and support
- Gratitude practice will help your focus shift to abundance.
- Stop making excuses for yourself
- Admit your mistakes and be easy on yourself
Even though for many days you notice it’s not working the way you expected, don’t dare to lose hope.
Evaluate yourself, at least you are richer now in your thoughts and beliefs than before.
Keep Focusing on learning how to change. Take action on time and consistently.
Repeat this whole process every day. Again and again.
Remember,
The key to any change is action, and every action begins with a thought first.
How to Change My Life From Poor to Rich
Ok. I believe you must have understood the power of a positive and rich mindset and trust in it. Now the real opponent is here to confront. How to deal with your poverty?
To be fit and healthy we just do not need only good minerals and vitamins, but a nutritional diet too. Remember?
The same goes for being rich from poor. We require a rich mindset but we also need to take the necessary steps to accomplish our goal.
Ask for Help – It’s Compulsory
A friend in need is a friend indeed.
In improving your financial status, every single person who can help you in any way is your friend. No matter what age, gender, education, religion, or community he/she belongs to.
You have to ask people for help. These people could be your neighbours, your relatives, your friends, your family members, acquaintances, or even strangers.
In any country or society, people love to help and assist those who ask for it genuinely.
[Try not to ask for money first, it can repel your possible help and support.]
Your help could be related to food when you are hungry and don’t have money to pay, books for reading, advice for where to get free education, contacts to find jobs, and NGOs to get support to establish self-employment.
Even to maintain your positive and rich mindset you will need people who keep motivating you.
‘But stay away from the people who try to toxic in your dreams and goals.’
To change life from poor to rich, you can’t do all successful efforts alone. But with well-wishers and supporters, you can get it much more easily and sooner.
Getting Educate Yourself
Lacking a high school diploma or graduate degree is one of the major reasons behind unemployment or low paychecks. If you are also lacking your diploma or degree, getting it must be on your priority list.
education is a battle against Poverty, that everyone should fight
―
Enrollment in College
There are community or government colleges that offer job-oriented diploma and degree courses at low fees. Some schemes provide extra discounts for students belonging to low-income groups.
You should find out those benefits and avail them. You will need knowledge and information too to get sure success in this task.
Here you should find people who can be your helping hand.
If you do not have even minimal money to submit fees, try to get a loan or ask your relatives/friends to help you.
When you complete your course successfully and get a job, start clearing your debts in the first place.
Training Program for Self-Employment
There are various technical and non-technical skills, that are always in demand in the market. Learning those skills would be a wise decision.
Skill development education often opens up new ways for better-paying jobs and entrepreneurial ventures.
You can start a job under an expert to gain further experience or directly begin your self-employment. Many institutions including Government agencies provide such self-employment-oriented courses.
In many cases Govt. also approves loans once you become skillful and start your workfront. You can enrol in one of those programs and start empowering yourself effectively.
First, find out all the information related to these courses and agencies that can facilitate you to be self-employed. Find out their website and get every detail.
Use social media to reach your friends, relatives, and others to ask them for help. It will be better if they do know, you are searching for such training programs.
Find A Job, Get Employed
When finding the answer to how can I change my poor life, you must find a job first.
Once you have finished your due college education or completed a job-oriented skill program, your only primary target in this whole world should be to get employed ASAP.
Do regularly check the employment website and job-related ads in the local newspaper.
You must visit the websites of Govt. and private consultancy agencies too often.
Again social media can play an important role in finding good opportunities. So stay connected to friends and regularly keep asking for job vacancies and interviews.
Be cautious about sending a CV to job consultancy agencies or directly to a company. Your CV can not be outdated and ill-informed about your skills and ability to fit in the role, a company is asking for.
Do prepare well for a job interview, once you are shortlisted and called for it.
If needed, take help from others to make an effective CV that can enhance your chances for an interview, and learn tips to remember when facing an interview.
If you live in America, you can get benefits from the UNITED STATES DEPARTMENT OF LABOR: Employment & Training Administration.
They offer Self-Employment Assistance for unemployed people.
According to the UNITED STATES DEPARTMENT OF LABOR, in its official website,
“It is a programme that is designed to encourage and enable unemployed workers to create their own jobs by starting their small businesses”.
You must visit the website for further details regarding eligibility for this programme and the benefits of SEA allowances.
Those who are facing unemployment and dealing with any kind of disability must get help from the Office of Disability Employment Policy
This government agency,
Promotes the welfare of job seekers, wage earners, and retirees with disability in the United States by improving their working conditions.
How does it help the disabled unemployees?
Well, the Office of Disability Employment Policy clearly states on its website that,
- The agency works to advance their opportunities for profitable employment.
- Protecting their retirement and health care benefits.
- Helping employers find workers.
- Strengthening free collective bargaining.
- Tracking changes in employment, prices, and other national economic measurements.
[These points are directly taken from the website of the Office of Disability Employment Policy, to maintain the authenticity and credibility of the programmes run by USA govt.]
Learn, How Can I Earn More Money
Let’s suppose your all hard work and sweat returned to you as a job, you were looking for. You start earning your long-awaited paychecks and begin breaking the boundaries of your poor life circumstances. Right!
But are you sure you will be paid handsomely in your initial jobs?
I doubt that almost cent per cent.
Reason?
You are still not that experienced or enough talented to get paid a good package. It means getting a job is not the foundation of your goal, of getting rich. It is just a further step.
You will need extra and regular paychecks, to reach further your goal of ‘How to transform my life from poor to rich’
1- First, transform yourself into a dedicated and smart employee, if not better than others then enough noticeable for sure.
2- When you prove your work and results in the company, ask for a raise in salary or a better increment.
3- Keep searching and applying for better-paying jobs.
4- If you have sufficient spare time after job hours, try to find a part-time job that suits you.
5- A side hustle that costs low will be a better option than a part-time job for sure. If you can make a success on that, benefits will be way higher and better than even your primary job.
6- Learn other skills that are in high demand to generate new sources of income.
7- Start a new hobby or improve the old one that can earn extra money for you.
8- Create regular passive income sources.
Understand How to Start Saving Money
When you start earning from various sources or at least 2-3 ways, it will be more income for you. More income means more power and choices to spend.
This is the phase where almost everyone gets trapped. Especially those who were fighting against their poverty and kept hard working for their mission, how can I change my life from poor to rich?
Do you know the psychology of spending money? Or how does a human mind tend to spend?
It is very common for people who have been living in poor conditions for a long time, they spend more aggressively when they suddenly start earning well.
To prevent this trap you will need to learn more earning is good only, when more saving is there too.
Financial Literacy is going to be your most effective tool to understand this scenario.
Learning about savings as well as budgeting, personal finance, and investing will help you to manage your extra income more effectively.
12 Tips to Save More
1- Start creating your monthly budget. You must keep track of the money you are earning and what you are spending it on. Use Apps, Excel sheets, or an old-fashioned ledger book to keep track of your budget.
2- You must classify your expenditures as Fixed, variable, and non-essential expenses. Identify those areas where you can cut costs easily without affecting your needs.
3- You can save a noticeable amount in your routine life.
Home and cooking Energy, phone charges, Cable-Dish services, Transportation, Outdoor picnics, Shopping at the mall or market, and OTT subscriptions are some areas, where you might be able to cut back on spending.
4- Without compromising your health values, you can reduce your housing and medical expenses too.
In case when you are ill, visit a Government hospital for treatment. Buy generic medicines rather than branded ones if it is available.
5- If you live on rent, try to move into a smaller house/apartment if it suits you. This can save enough money you are paying on rent.
6- Moving to different neighbourhoods or colonies also saves you extra money with the same house size. If you have your own home and there is extra space/room, rent out this.
7- Your eating habits can save smart money for you. Cooking food at home is not healthy but a smart way to save more money.
8- Avoid eating junk food outside, it will save you money and health too.
Minimizing Online food orders is also the best way to do the same.
9- Avoid any kind of debt, if it is possible. Don’t buy things which are not needful but just because you want to have them. Never buy them on loans.
10- Monitor your spending habits and evaluate them timely. By doing this you will be able to analyze what triggers you to spend occasionally without much need.
11- Have a piggy bank and keep your change money in it. Make a habit to keep your change money in it daily.
12- Commit yourself not to buy anything new, just because it looks cool or in-fashion. Shop for your apparel while the discount season is going on. You can get 2 or more outfits for the price of one.
Here are more tips for keeping yourself away from poor habits and mentality that can prevent you from achieving your goal ‘How can I change my life from poor to rich’.
Final Words
Once you improve your situation through consistent efforts and focused planning with patience, there are chances you can easily deviate or slip from your course.
You have to remember throughout your whole journey that being rich is not a railway station, You reach there and then be wealthy forever.
It’s a lifetime journey that moves together with your life.
The more you stick with your rich/successful habits, the farther you will be from this, ‘How can I change my poor life to Rich’.
