Getting Rich, Why Is It So Hard?

Getting Rich, Why Is It So Hard?

Tired of relying on payday loans? Well, you need to get rich. Everyone wants to be rich. However, very few people become rich. Amassing wealth is arguably the hardest thing one can set out to do. People have a hard time accumulating enough money because of many reasons. If you’re interested in discovering the most popular reasons from experts so that you can make the necessary changes in your life, here they are?

1. Consumerism

Consumerism can be defined as the culture of spending. Many people have a hard time getting rich because of adopting consumerism lifestyles which popularize spending as opposed to saving and investing/producing which are some of the greatest ways of building wealth. Most people would rather spend money on consumer goods to boost their current lifestyle as opposed to saving to accumulate capital for starting a business. Many societies across the world are consumer oriented which is a huge barrier to wealth creation. If you want to be rich, resist the urge to spend and save to invest instead.

2. Very few people love working hard

It takes hard work and plenty of sacrifices to get rich. Unfortunately, most people aren’t willing to put in the work. To amass wealth, you must be willing to work extremely hard and make a lot of sacrifices along the way. For instance, you need to resist the consumerism mindset which is very tempting. Most people dream of having a lot of money, however, very few back up their dreams with actions.
You must get your hands dirty and work tirelessly for years to get rich. Some people get rich without working hard i.e. they inherit or win a lottery. The chances of winning a lottery are however very slim. Unfortunately, most people would rather buy a lottery ticket than work extremely hard in their business or job.

3. Procrastination

Procrastination is also to blame. Many people know what they need to do to improve their lives and purpose to do it, however, very few actually do it. Most people are chronic procrastinators. This behaviour is very counterproductive in the search for riches because it compromises a person’s ability to do what must be done.
You can’t be able to work effectively if you keep postponing important tasks knowing very well that delaying them puts you in a worse situation. Procrastination is by far the worst psychological barrier to success in life. Although it is normal to procrastinate, you must learn to avoid procrastination to become wealthy. Unfortunately, most people are never successful in the fight against procrastination.

4. It takes money to make money

The mere fact that it takes money to make money puts many people at a disadvantage in their search for wealth. Furthermore, the more money you have, the higher your chances of making even more. These laws of money favour very few people. If you’re starting with nothing like most people, you need to accumulate money first to get a headstart. Considering it’s extremely hard to accumulate money in a consumer based society, the odds are usually against most people from the start. If you are not willing to take risks like most people i.e. take loans and invest, you have a very slim chance of getting rich.

5. Social conformity

Many people also have a hard time accumulating wealth because of factors such as peer pressure. Many people would rather change their behaviours or beliefs to fit in a group than stand alone and pursue their dreams. It takes a lot of boldness to be able to pursue your dreams regardless of what other people think. Unfortunately, most people would rather conform to societal standards than follow their hearts which increases a person’s chances of success in life.


The above information highlights some of the main reasons why it is very so hard to get rich. If you spend more than you save or invest which is what most people do, you will have a very hard time becoming rich. Many people also hate working hard, love to procrastinate and conform to societal standards which are proven barriers to success. Some laws of money also put most people at a disadvantage.

Mark Scott

Is the Company Director of Swift Money Limited. He oversees all day to day operations of the company and actively participates in providing information regarding the payday/short term loan industry.