Sunday, March 20, 2011

Why Aren't You Rich? Here are 10 reasons why...

Dear Curious Mind Subscriber,

Do you have this burning question in mind?  Often times the answer is in front of us but we tend to ignore it, sometimes we are just not aware of it.

If you have the desire and commitment to become a millionaire, this report would help open your mind and begin to take action.

The reason why you aren't a millionaire (or on your way to becoming one) is really quite simple. You probably assume it's because you aren't earning enough money, but the truth is that for most people, whether or not you become a millionaire has very little to do with the amount of money you make. It's the way that you treat money in your daily life.

1/ You Care What Your Neighbors Think
If you're competing against them and their material possessions, you're wasting your hard-earned money on toys to impress them instead of building your wealth.

2/ You Aren't Patient
Until the era of credit cards, it was difficult to spend more than you had. That is not the case today. If you have credit card debt because you couldn't wait until you had enough money to purchase something in cash, you are making others wealthy while keeping yourself in debt.

3/ You Have Bad Habits
Whether it's smoking, drinking, gambling or some other bad habit, the habit is using up a lot of money that could go toward building wealth. Most people don't realize that the cost of their bad habits extends far beyond the immediate cost. Take smoking, for example: It costs a lot more than the pack of cigarettes purchased. It also negatively affects your wealth in the form of higher insurance rates and decreased value of your home.

4/ You Have No Goals
It's difficult to build wealth if you haven't taken the time to know what you want. If you haven't set wealth goals, you aren't likely to attain them. You need to do more than state, "I want to be a millionaire." You need to take the time to set saving and investing goals on a yearly basis and come up with a plan for how to achieve those goals.

5/ You Haven't Prepared
Bad things happen to the best of people from time to time, and if you haven't prepared for such a thing to happen to you through insurance, any wealth that you might have built can be gone in an instant.

SOURCE: thestreet.com

TO BE CONTINUED...


PS1:Did you find this article useful? Please share with your friends, they may like it too.

PS2: Knowledge is Power. Subscribe to receive regular posts about our favorite topics.
Enter your email address:


Delivered by FeedBurner

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...