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Home» Questions»Q 127930
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Mike Smith
Mike SmithKnowledge Seeker
Asked: April 16, 20242024-04-16T14:54:19+00:00 2024-04-16T14:54:19+00:00In: Money & Business

Is lack of information a reason to not make money

Personally I believe that when an individual does not have concrete information as to how to make money whether online or offline he or she can be restricted and of course remain broke and poor. What do you all think?

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5 Answers

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  1. spencer
    spencer Enlightened Mentor
    2024-04-22T09:07:45+00:00Added an answer on April 22, 2024 at 9:07 am

    Yes, lack of accurate information can be a reason people don't make money online, some people spend all of their time on social media, wasting their time consuming all sort of contents, also majority of people are lazy, they make no effort to make money or learn to find information that'll help themRead more

    Yes, lack of accurate information can be a reason people don’t make money online, some people spend all of their time on social media, wasting their time consuming all sort of contents, also majority of people are lazy, they make no effort to make money or learn to find information that’ll help them to make money.

    There are also others with information but they can’t transform it or implement it to work for them.

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  2. Augusta
    Augusta Enlightened Mentor
    2025-10-29T04:28:26+00:00Added an answer on October 29, 2025 at 4:28 am

    Sure, to a large extent it does. Information is power in almost all.aspect of life and in this area it's no exceptions. As you rightly stated you can only do well whether online or offline when you are able to get concrete information on where to get good jobs. So yes we just have to always armed ouRead more

    Sure, to a large extent it does. Information is power in almost all.aspect of life and in this area it’s no exceptions. As you rightly stated you can only do well whether online or offline when you are able to get concrete information on where to get good jobs.

    So yes we just have to always armed ourselves with the right when it comes to money making. You would be able to work at ease and get things right because you are working with the right information

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  3. eldavis
    eldavis Enlightened Mentor Graphic designer
    2025-10-30T16:32:05+00:00Added an answer on October 30, 2025 at 4:32 pm

    Lack of knowledge is definitely one of the reasons a lot of people today have not been able to make money both offline and even online. Then again, there are those who have access to the knowledge but lack the tools or understanding to make use of it to achieve results. So it's not just about havingRead more

    Lack of knowledge is definitely one of the reasons a lot of people today have not been able to make money both offline and even online. Then again, there are those who have access to the knowledge but lack the tools or understanding to make use of it to achieve results. So it’s not just about having access to knowledge, but how you use it also counts.

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  4. Avarose
    Avarose Enlightened Mentor
    2025-10-31T01:51:23+00:00Added an answer on October 31, 2025 at 1:51 am

    I think lack of information is definitely a major reason many people struggle to make money. You can have the will to succeed, but without knowing where to start, what skills to build, or how money systems work, you end up stuck. Information opens doors it helps you spot opportunities, avoid scams,Read more

    I think lack of information is definitely a major reason many people struggle to make money. You can have the will to succeed, but without knowing where to start, what skills to build, or how money systems work, you end up stuck. Information opens doors it helps you spot opportunities, avoid scams, and make smarter choices. However, effort and consistency matter too. Once you get the right knowledge, applying it and staying persistent is what truly changes your financial situation.

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  5. eldavis
    eldavis Enlightened Mentor Graphic designer
    2026-05-11T06:54:50+00:00Added an answer on May 11, 2026 at 6:54 am

    I don't see lack of information as a reason, rather i see it as an excuse. These days there are tons of platforms you can easily get information from, it could be through social media or on forums and with smartphones, people can easily access these places, gone are the days where getting informatioRead more

    I don’t see lack of information as a reason, rather i see it as an excuse. These days there are tons of platforms you can easily get information from, it could be through social media or on forums and with smartphones, people can easily access these places, gone are the days where getting information was extremely hard or difficult. 

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