10 reasons why you will never become rich 1. Overspending - Blowing all your money each month is not a realistic pathway to wealth. 2. Not saving enough - Saving should become a priority if you want to accumulate wealth. 3. You have too much debt - Certain debts are a precursor to financial success. 4. You don’t have a plan - Those who fail to plan, plan to fail. 5. You don’t have an emergency fund - Life is tricky, and not having some type of safety net can turn a comfortable situation into a disaster. 6. You started late - The most difficult part about saving is getting started. 7. You complain rather than commit - Take responsibility for your non-productive habits and concentrate on how to change them – and then do it! 8. You live for today, and forget about tomorrow - Impulsive and unregulated spending leads to debt… period! 9. Putting all your eggs in one basket - Putting all your money in one place is not advised because it puts you at too much risk. 10. You Just Don’t Get It! - No one knows what will, or will not, actually happen; therefore, why not focus on what you can control today?
Posted on: Fri, 18 Apr 2014 02:53:21 +0000
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