50 Reasons Why People Stay Broke

Being broke is ghetto.

If you have been broke, or still are, I’m sure you can agree.

But we don’t HAVE to be.

I’ve heard people say “business is a numbers game,” and “it’s easier to make a lot of money in a short amount of time, than it is to make a little money over a long period of time.”

And a lot of people would say that that’s not true, or that it’s easy for a rich person to say that. I used to think that way too.

Until I’ve learned this lesson:

In order for you to make a lot of money, you have to BECOME THE TYPE OF PERSON that makes a lot of money.

So the first thing we need to do to break out of the “brokeness” is to break out of the broke mentality and BECOME the type of person that can make and maintain the type of money we desire.

It’s a complete change of lifestyle, identity shift, and requires that we take the life we want of by force.

So to get started, I think we should keep in mind of some reasons why people stay broke.

Here’s a list of 50:

💸 50 THINGS KEEPING YOU BROKE

(EVEN IF YOU’RE WORKING HARD)

🧠 MINDSET & BELIEFS

1. Thinking hard work alone = money (it doesn’t)
2. Believing you’re “bad at sales” instead of learning how to sell
3. Avoiding money conversations because they make you uncomfortable
4. Thinking charging less or giving discounts makes you more “accessible” (it just makes you resentful)
5. Not believing you’re good enough to charge premium rates
6. Thinking you’re bothering people by promoting yourself
7. Letting perfectionism delay your launch, post, or pitch
8. Comparing your Chapter 1 to someone else’s Chapter 20
9. Not seeing yourself as a real business owner
10. Being more committed to staying “comfortable” than getting paid

💬 OFFERING & SELLING

11. Selling things people don’t want or understand
12. Making offers that don’t solve a clear problem
13. Relying on low-ticket services to hit high-income goals
14. Not giving people a reason to buy now
15. Talking about the features instead of the benefits of your offer
16. Waiting for clients to find you instead of going to find them
17. Not offering payment plans or ways to say YES easily
18. Only selling when you’re desperate for cash
19. Never asking for the sale—just hoping someone clicks the link
20. Making your offer all about YOU instead of the client’s transformation

📱 VISIBILITY & MARKETING

21. Posting content but never selling
22. Showing up inconsistently and expecting consistent income
23. Creating “pretty” posts with no message or direction
24. Not showing your face—people buy from people
25. Trying to market to everyone, which speaks to no one
26. Assuming people know what you do without telling them clearly
27. Getting discouraged if one post doesn’t pop off
28. Not building an email list or nurturing the one you have
29. Not using video, even though it builds the most trust
30. Waiting until you’re “ready” to go live, pitch, or show up

📉 SYSTEMS & STRUCTURE

31. Not having a plan
32. Forgetting to follow up with leads
33. Not automating simple parts of your business and life
34. Winging your pricing, packaging, and policies every time
35. Spending too much time in your business, not on your business
36. Not tracking what’s working (or what’s wasting your time)
37. Not setting monthly income goals (so there’s no target to aim for)
38. Letting customers bargain and negotiate your prices
39. Thinking you can do everything yourself
40. Never batching or pre-scheduling content to stay consistent

🚫 ENERGY & SELF-SABOTAGE

41. Being inconsistent
42. Quitting too early
43. Not celebrating wins (big or small), so nothing ever feels like enough
44. Over-delivering to prove your worth instead of owning it
45. Saying yes to the wrong clients out of fear of missing out on money
46. Staying “busy” instead of being productive
47. Avoiding the things that actually move the needle (selling, pitching, promoting)
48. Not investing in tools or coaching that could collapse your timeline
49. Waiting for motivation instead of building discipline
50. Surrounding yourself with people who don’t believe in you or understand your vision

Which of these have been a struggle for you? Being inconsistent has been the main challenge for me. But not for long!

I’ve decided to focus on creating wealth as a creative.

And as I learn more about money, building wealth, becoming wealthy, and doing it as a creative entrepreneur, I’ll be sharing what I learn with everyone on my email list.

If you’d like to join me, enter your email below!