Money is one great resource that if not harnessed
well,
will brings no benefit. Money is also available in abundance but it takes effort
and time to have a bit. A funny piece of life is this, all most every soul
wants financial independence but not all are willing to make the sacrifice. The
road to poverty is very smooth and easy
without challenges while hills and mountains have to be scaled to get a share of financial independence and abundance.
Habits are powerful personal qualities that have a defining
impact on our very existence. It high time you ask yourself what habits are
informing my daily decisions and actions. Make a further assessment to find out
your habits that have negative impact on your life and finances. But before you
do that we have put together common habits that are making you poor.
Not having personal goals
You are just in life, you do not have any aim. Do you know
that knowing what you want to achieve and
accomplish, is critical to drawing up a plan and getting there?
This is something very powerful and a secrete for a richer
and more fulfilling life. Nothing is better than the pleasure of accomplishing
something.
Not having set goals." Those who do not have this habit do not know how much they are losing!.
But for that, you need to know what you want, have it well defined and run after
it. It helps you save money, gather more money, give you daily motivation and
the courage to face life.
Don't let fear and discouragement beat you! You can, just
believe it! If you would really like to do something but believe you can't,
drive that thought out of your mind and just trust yourself and your potential.
It is very important to write down your goal in a notebook or phone.
Then if the goal is too large, break it down into small goals and remain focused
and disciplined. It does not mean you should not have fun. Your life should not
become so much busy that you do not have time hobbling.
You are all ways comparing your life
with others
I think everyone at
some point in their life has compared themselves to other people in a negative
way. "If he has, why don't I?"
This habit can paralyze us, put us down in a very powerful
way, and is super unfair.
There is no real comparison.
No matter how similar the story of the person you are comparing to yours
is, it will never be the same and you will never know exactly what they
actually went through to get it.
This custom is very present in our world today; Social media
has come to make us believe that we know exactly everything about people's
lives, but real life is very different. So don't compare yourself!
Maybe this is one of the habits you will most demand from
you. It is a policing routine. Avoid following people, such as the famous, on
Instagram, because often instead of inspiring you it ends up making you
frustrated and bad about yourself.
And then there is this question: Why do you feel bad about
yourself? Follow your life and fight to achieve all you have dreamed of.
Comparing yourself and whining won't get you anywhere!
Let's do an exercise? Make list in a notebook of things you
are grateful for, so you always remember and be thankful for this good
things.
You may not have reached that point you want, but what
really matters is to value your journey and realize that within your means you
are doing a little better each day.
Nobody is better than anyone and always remember: People
only post what they want to show, nobody likes to talk about their losses.
Spend more money than you earn
Do you spend more than you earn? Sometimes it not your fault
because you were not taught and you never in your life saw the need to do so. You
are the riches dude in your town, every now and then Uber to get fast food,
you run in and out of the restaurant as if your father owns it. All most every
week you are going shopping, you are subscribed to several services such as
Netflix, Amazon Premium which you do not have time for. You are on vacation
with friends or family, there is a big expense for the group, and you volunteer
to take care of it. You go out to lunch with your colleagues, the bill does not
seem huge, and you pay for it. Your colleague owes you money or you clear his
debt and he refuses to repay you. This behavior makes you a generous friend and
colleague, but it is involved in making you poorer than you already are. Be
wise and cut your cloth according to your size.
Procrastinate
You are always postponing things. You are not ready to take
action or do anything extra to help you get more. Time available to you to do something
productive you either use it to watch tv or Facebook. Do you know that rich
people create at least three different income streams during their lifetime,
while poorer people rely solely on a single income? Yes, research showed that
poor people spend more time watching TV or using the internet, while the rich
enjoy more of their time as they know that literally, time is money. So how do
you spend your free time? It is very important to wisely use your spare
productively.
Do not save
You have told yourself that you do not have enough to save.
You and savings are enemies that is why you are
broke and poor.
Savings serve as an emergency fund for unexpected expenses
In general, when you
want to save, you can do it at your own pace, without pressure.
Saving early is a very positive thing, because besides
becoming a habit it will be able to serve you when you really need it.
Investment is for the rich
Have you heard that successful people save first and then
spend? Yeah, a lot of people do the opposite: spend first and then see if there
are any left to invest. This may be the worst among bad financial habits.
For a healthy financial life, it is critical to cultivating
a good habit of investing a monthly amount. This investment will secure a
reserve for emergencies or to carry on a future project.
Even if it is only $ 1 a month, the important thing is to
start cultivating the habit of investing without waiting for money. So, take
the first step to fill this void, start investing now, even if it's just a penny a month.
Just doing what you are paid to do.
Hello, Nothing falls from the sky and especially money,
You’ll only get where you want to run to if you push yourself! While your
colleagues are complaining about boss, politics, country, life, you are looking
for solutions. The best places are reserved for those who are willing to pay
the price and stand out from the crowd, and you have to deliver more than expected
This behavior of doing just the basics, the minimum and the
necessary will not make you stand out, get rich and get unique opportunities,
because to achieve such an act you have to get out of this 8 to 5 business and
do more. The millionaires and the billionaires have several streams of income and
you just a salary worker want to get to this level am sorry you are joking.
Do not budget
You are struggling with your money because you do not budget.
When creating a budget, revenue and expenses are compared to see what the
balance is in order to best allocate your monthly income. The more detailed your
budget is, the better you can see where you might be spending more than you make
and make the necessary changes.
Having your finances under control saves you not only trouble
and debt, but also prevent spontaneous expensive purchase and arms against
sudden higher costs. So if you want to make yourself happy and life easier
budget and take stock of your finances.
So, did you recognize
yourself in any of these points? If so, tell yourself that nothing is
impossible. These habits, you can leave them now if you decide. For
you to have success you need to be Discipline, willing and Courageous
