The Real Reason Why Get-Rich-Quick Schemes Exist

“Get Rich Quick” schemes are so commonplace nowadays. Whenever you log on to your social media accounts, or whenever you visit video streaming sites like YouTube, commercials that urge you to invest a portion of your finances into a certain money-making program flock around visitors like you like insects.

Everybody wants to make huge bucks in the quickest way possible, and for that reason, such schemes are so attractive. While some of these irresistible multimedia snippets are in fact effective, most of these are actually nothing but clickbaits and empty wells.

A Much Closer Look At The Facts

According to investopedia.com, one of the most prominent websites about investing, there are around 75% of failed investments happening around the world each year. The fact goes to explain that most of these failed ventures are mainly about people making wrong decisions and doing bad practices.

Apparently, such people may have actually found a real solid way of making money. The problem is that they don’t have the proper attitude and mindset of getting it through to the end, or at least in a sustainable manner in the long run. There are lots of failed business and investing endeavors because of people’s bad habits, not only because of the system that they’ve chosen to adhere to or follow.

Yes, the problem is mostly about the investors themselves, but here’s a frightening reality: some people might be truly equipped with the right mindset and work ethic of investing… but they got into the wrong kind of money-making vehicle. They happened to hop into an ineffective and fraudulent system, and that’s the reason why they are losing money in a very terrible manner.

To make matters worse, some of these people already became victims of more than one just system. Being a victim once would be considered understandable, but going through the same situation twice or more would be puzzling, if not utterly foolish.

The method would be a bit different, but the mechanisms behind it are just basically the same. Some people are already victimized again and again, and the limits to where such a problem could extend are just very hard to quantify.

The Predators and The Preys

The allure of such a speedy-riches scheme is intensified by the existence of financial coaches and “gurus” – people who appear to be very wise and all-knowing. Many of them own very profitable blogs and YouTube channels. Many of them have published books as well, in both digital and paper formats.

If you follow the guides stipulated by these “so-called coaches and consultants” that claim to have accumulated great levels of riches already, you would eventually find out that you’re just actually doing a fool’s errand.

Some followers do their share of back-lashing against those people but to no avail – those witty predators already have their shielding tactics laid out far ahead – they are so good at defending themselves as they declare that your failure is simply your own fault.

If you are someone who already fell victim to such kinds of schemes, or if you’re someone who wants to avoid the financial traps they’re setting up, then these thoughts are things that you really have to look upon closely.

Neighbor Enviousness – The Attitude That Started It All

“Love you neighbor as yourself.” – This is one of the most memorable of the established golden rules. The Holy Bible, as well many other religious books have often spoken of quotes that elaborates it. But apparently, we love our neighbors too much that we want to be like them: dress like them, attain the success they have, and possess whatever material thing they may have already owned.

If a neighbor painted his house blue, another neighbor would most likely paint his house as well with green. If a neighbor has just bought a new TV set, a new sound system would be purchased by a homeowner a few steps away.

There is also this gadget craze that seems to plague people of all ages. Whenever the latest mobile phones, along with their often unnecessary features and upgrades appear in the market, many people take it upon themselves to allocate a certain budget for it. They buy the device though there’s nothing really major about it if they compare it to the current cellphone that they own.

Then, there are those that people declare as just “little indulgences” – clothes and body accessories. Because many of these are not as expensive as those electronic gadgets, people would just regard them as nothing but “harmless vices.” They buy new clothes on a regular basis, weekly or monthly, depending on how much the budget would allow.

But if they would only think of it thoroughly, they would just figure out that they can only wear those clothes a few times each month. Some of them might find out that they can get through a whole year by just wearing those clothes once or twice over! Although different items are bought, the action stems from one psychological root: enviousness.

Then, there is also this thing called “occasional food craves.” Whenever there is an eat-all-you-can restaurant opening somewhere, people would speedily visit the place – eat merrily and have their fill. “We ate a lot for just 50 bucks!” they would exclaim. But if we analyze it closely enough, no restaurant would ever host such an eating regimen if people would eat there while being thrift.

Eat-all-you-can food halls are actually robberies in broad daylight – people think they eat more than their money’s worth, but actually, it’s the other way around. Who needs all those calories when all you need are just a few munches of food the get through the day?

But people don’t realize this. All they care about are the high-quality photos (that they captured using those expensive gadgets mentioned earlier) that they can post on their social media accounts. The reason? They want to preach to the world about how amazing their lives are.

Are those posts ever helpful at all? Do those posts inspire? Or do they just spark envy from the onlookers? These are questions that you may want to answer below.