Have you ever wondered what are you doing wrong with your budget?
Do you really know how much you earn and how much you spend? If you’re constantly looking at your wealthy friends and asking yourself why weren’t you like them, maybe you are making some of the crucial financial or career mistakes. But, don’t be desperate, habits can be replaced with the better ones and if you stay persistent, you can be on the right road soon. I provided you a list which may help you to recognize your problem about the term of wealth. Once you see what’s stopping you to become rich, you will fight against your conviction or a habit easier. So, let’s start!
1.You have a wrong term about what being wealthy actually means. Have you caught yourself thinking that only the great big businessmen can be rich? Or someone who got it ”all served on the plate” from their parents? First of all, you need to reassess your view on money. We live in the 21st century, a capitalist society. So, yes, you have also the same chances to earn money as the wealthy people you know.
2.Thinking you’re not capable. Well, this is a psychological problem, but it can be solved. Why do you think that you’re not capable to earn money, raise, educate yourself more? I have an advice! Whether a thought that you’re not good enough come into your mind, remember yourself about all the great things you have already achieved in life. Everything seems impossible once it’s over, right?
3.You always think that only by saving money you can become wealthy. Don’t get me wrong, saving money is great and needed. Rich people have mastered the financial balance and you should read about it too. About saving, it is the most important not to live beyond your means. If you cannot afford something at this moment, then don’t buy it. Read more where else can you save and take a detailed look at your budget. Take only one month and write down everything where your money goes. You will be surprised how much bad spending habits can you change, no matter how little they are. Okay, I said I won’t talk about saving, but those tips are just a must to know. Put more effort into earning more money than saving. Yes, that is the key to the wealthiness. We will now discuss how.
4.Working smarter. I can imagine your face when I’ve said to earn more. You imagined yourself working long hours, right? But you don’t need to work harder, you need to work smarter. Think about some other possibilities in your life which could bring you some income. Do you have a garage which stays empty and you want to rent it, or an apartment maybe? If not, work to invest in something which will bring you money overnight. With years, it will all pay off.
5.Being afraid that you will fail. I am just referring to the previous conclusion. When you hear an advice about an investment, you always imagine yourself failing, right? But, all people that ever tried something made mistakes. That is totally natural. If you don’t do anything in life, only then you won’t fail ever. Learn from the mistakes, let them be your life lessons, and then move on smarter and with more experience.
6.You are in a bad company. Are you surrounded by the people who think that money is evil and that life has to be the struggle ’till the end? Do they think that the comfort of luxurious life cannot improve your happiness and even health? You will need to reassess yourself about your friends and acquaintances. If they don’t support you, you don’t need to be sorry to lose them.
Are you afraid of money?
Do you think that it will change you for better or worse?
Can you imagine yourself experiencing the financial freedom?