10 Reasons You Arent Rich
In a recent article on Yahoo! Finance, Jeffrey Strain shared the 10 Reasons You Arent Rich. He makes the point that becoming wealthy has very little to do with how much money we make, and everything to do with how we treat that money – or our mindset on money in general.
Spending money you dont have and racking up material possessions rank very high on Jeffrey’s top 10 list. He also mentions things like bad (costly) habits, not having goals, and trying to “get rich quick”…
A quick paraphrase of his top 10 reasons:
- You have – or want – too many “toys”
- You spend money you dont have
- You have costly habits
- You dont have goals – or dont have an action plan for your goals
- You aren’t prepared or ‘secured’
- You keep trying “get rich quick” methods
- You let someone else manage your money
- You dont do your homework on investments
- You are too afraid of risk to invest at all
- Lack of planning – period
Jeffrey concludes by saying:
In reality, it is probably not just one of the above bad habits that has kept you from becoming a millionaire, but a combination of a few of them. Take a hard look at the list, and do some reflecting. If you want to be a millionaire, it’s well within your power, but you’ll have to face the issues that are currently keeping you from creating that wealth before you will have a chance to call yourself one.
My recommendation? Scan the article and make note of Jeffrey’s points. And then read Think and Grow Rich by Napoleon Hill. If you have already read this life-changing classic… read it again 
Best,
Tags: wealth, finances, get rich quick, goal setting, setting goals, millionaires
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What most people except is “get rich very quick, without any/much work” , and I think its impossible.
You can make tons of money online, but it takes time & lots of work.