Staying broke is a choice!
There’s just no subtle way of saying this. It’s okay to have humble beginnings, what is not okay is restricting yourself to these beginnings.
You should grow, glow, flourish and prosper.
And now you might say, ‘who doesn’t what to be rich?‘. This we agree with you, 100%.
However, you should also ask ‘who wants to be rich but isn’t working towards riches?’ and the answer? A whole lot of people.
The key to getting rich is IQ, EQ, Discipline, Creativity, Focus, Analysis, and sacrifices, just to profit off of the future!
Here are seven reasons you just might remain broke:
1. You don’t understand basic math
If what we just said sounds like nonsense to you, might as well call it out right now.
This is basic math people, addition, subtraction, percentages, multiplication and division. This is all you’re gonna need unless you plan on doing more complex work.
You need to be able to understand data, to organize it and draw conclusions from it, otherwise you can’t accurately measure your business and if you can’t measure it, you can’t improve it.
Know your numbers!
2. You focus on Saving instead of Earning
This is the major difference between people who are working to become rich and people who are trying not to be poor. You can save your way into the middle class, but you can’t save your way into billionaire status.
The only way to really get rich is to earn more and invest it. It’s a simple process: you figure out how to generate more money, then you take this money and invest it in other projects that in turn generate you even more. Repeat the process as many times as you need to.
3. You spend more than you earn
If you spend more than you earn, not only you’re not gonna be wealthy, you’re likely to end up poor. For some reason people care more about appearances than they do about their well being. There’s no shame in not being able to afford something, the realization you can’t right now, is what should motivate you to get it later.
4. You take advice from friends and family who are not successful
You are the average of the 5 people you spend most of your time with! Now… if your 4 closes friends are dirt poor, you’re gonna be the 5th. Your circle defines who you are, the ideas you engage with, and are either the reason why you’re going to go beyond your potential, or they’re gonna be the ones holding you back from reaching it.
5. You don’t have Investments and financial goals
Let me put it this way, people who are going to be rich, make it their business to get rich. It’s a priority for them, they set up financial goals and then act in accordance to what it would take to achieve them.
Most people never wonder why they don’t earn more. They just live with their current situation. If you don’t start breaking it down, looking at how much and how are you getting paid, you’re doomed to stay poor.
6. You think rich people got lucky
You think that they found themselves into a fortunate position, that they didn’t have to go through what you went through.. that they were born rich or lucky or they have access to some occult secrets that got them to where they are today. People who had it worse than you do right now, made it through hard work and dedication. Do you know the chances of you being alive right now? Living well enough so you can read this article at this moment, with your internet connection and sophisticated device? You already got lucky! This IS the lucky part! Learn, unlearn and relearn.
7. You’re waiting for a miracle
You’re playing the lotto, you’re hoping for a big inheritance, you look for the big score, you play in your mind what you would do with the millions you don’t have, you use the power of thinking, you try to manifest the secret into your life, the universe will reward you for your thoughts or even your god will gift you the life you believe you deserve.
The miracle is that you are alive right now! The universe, your god or whatever you believe in, did its part. Now it’s your time to do yours!
If you’ve got some of these beliefs you might want to take a good look at yourself and figure out who you want to be.
Bonuses:
7. You’re not learning enough
8. You’re afraid of failures
10. You’re not trying new things
Culled from Entrepreneuria
