You don’t ask yourself the good questions
If you’re reading this article it’s probably because you want to become financially independent, but is it really what you want?
I mean, a lot of people want to be rich, but how many have actually spent more than 15 minutes thinking about it?
That may sounds silly but if you want to reach any goal in life you want to look deep down in yourself to know what you really want. And when I say thinking about it I don’t want you to picture yourself on a beach sipping cocktail, I want that you ask yourself questions like:
- Why having more money would make me happier?
- How fulfilling would it be to reach financially independent?
- Am I willing to spend some years of hard working to reach my goal?
You don’t have plan
If you say that one day you’ll be rich make sure you have a plan.
Can you tell me what is your plan for the next 5 years?
If you can’t answer that question, finish reading this article and start writing down your plan. I don’t want you to procrastinate! If you tell me that you’ll make it tomorrow you won’t do it. So start making a plan and stick to it!
See also: Reach any goal with that simple trick
You spend all your pay immediately
Don’t be like 80% of people; pay yourself first! That’s the rule n°1. No matter what you’ve read so far about wealth creation or financial independence saving money must be your priority. So what do I mean by paying yourself first? “Paying yourself first means that every time you get any income you want to immediately put 10% of your money aside (on another account for example). Before paying any rent, any taxes, any loan, food, clothes…”
See also: 2 killing principles to be wealthy
You take advice
This point is also really important. A lot of people who want to become financially independent take advice from other people around them. That’s a big mistake so if you do it, stop it now!
When you take advice from your friends, family, colleagues…you won’t get any benefits, unless they are financially independent. The only thing they will give you is thousands of reasons not to invest, not to undertake, not to do this or that. They will hold you back with their fears and expectations.
Only take advice from people who already have the result you want to get.
If you are interested in investing in real estate and get great advice from pro I recommend you the following platform . That’s a really nice forum where you can get to know successful people and it’s free.
You don’t make sacrifice
We tend to think of financial independence as something nice and cool that we will get with time and patience. Time and patience are necessary of course but a lot of efforts are required too.
You need to make some sacrifices. I know when you come back from work or school you’re tired the only thing you want is lay down on your sofa and watch TV, go on Facebook or watch videos of cute cats on Internet. If you want to be financially independent forget that and read a book instead. You need to educate yourself about wealth creation. That’s a part of the sacrifices you need to make.
With time you’ll see that you will enjoy it. Reading books will be almost like seeing money coming in into your bank account. But if you notice that after reading 1 or 2 books you don’t enjoy the time you spend getting educated on that topic, you should forget about becoming wealthy. Because what’s the point of becoming financially independent if you don’t like the process involved? As I wrote in the first point make sure this is something you want.
You are not grateful
You need to recognize the wealth you already have. Be grateful for being alive, for having a family, friends…if you are not, financial independence will bring you nothing. Don’t think that money will bring you happiness. If you don’t see the beauty in your life today, you won’t see it tomorrow with $1billion.