Why is it that some people become millionaires seemingly overnight while others seem to be stuck living paycheck to paycheck – or worse, stuck in a vicious debt cycle?
Growing up in a poor or average household may mean that your chances of meeting some really successful and wealthy people to guide and mentor you may be slim but, if you know where you want to be and you don’t let anything stand in your way – you can certainly become a very rich man. If you have the opportunity to speak to some of the wealthiest people in the world they will all tell you the same thing – it all starts with the right mindset.
The truth is that we all have the potential to become incredibly rich; we’ve seen many examples of average men who have overcome education and background barriers that to most, would seem unsurmountable. Even IQ doesn’t have the ability to hold anyone back; as has been recorded in many studies however, there are some things that do have the potential to hold you down; from being a mindless consumer to accepting debt as a normal part of life – we’re going to look at some of the things that keep the majority of people straddling the broke line. The objective is to alter your mindset and push you further towards whatever financial goals you may have.
Even though this article is targeted towards those who have intentions of becoming exceptionally wealthy, avoiding these common habits, ideas and financial pitfalls will help you make sure your finances are always kept in check – whether you want to become a millionaire or just live comfortably.