Or why you'll never ever get rich. You see many people presume that if they don't earn enough money they'll not become well off. In fact we could always hear people saying, "If only I earned a little more! If only my boss give me a little raise!"~blah! blah! blah! That "If only" statements of self-victimization? But the problem to their argument is that they were making the same squabble before their last several raises. Almost all of us have played the very famous board game-Monopoly right? So we all know that becoming a millionaire has little or nothing to do with how much bucks we make, BUT how we treat our hard-earned cash every day. Agree?
When I was a little toddler, my beloved dad made only a meagre of RM300 (approximately $90) per month. Our 2 bed-room-2-storey low-cost home then, only had a table, a fan plus a mattress I guess. You might said that we are poverty-stricken, but we managed to came out of it and now we are living quite comfortably. But I saw a few families who made a few thousands bucks every month but still they are not able to cope with their lifestyle. The problem is that they don't manage their lucre prudently! Some gamble it away and some simply spend it as if they their money is limitless!
Here are 20 very, very simple (but true) reasons why you are still not rich:
1~You care what your neighbours & friends think.
2~You are not patient.
3~You have bad habits.
4~You don't set goals.
5~You are not being prepared.
6~You try to make quick buck.
7~Rely others to handle your money.
8~Invest in something you don't understand.
9~You are a financial coward.
10~Ignoring your finances.
11~Your care what your car looks like.
12~Your feel entitlement.
13~You lack diversification.
14~You started too late.
15~You don't do what you enjoy.
16~You don't like to learn.
17~You buy things you don't use.
18~You don't understand value.
19~Your house is too big.
20~You fail to take advantage of opportunity!
The above reasons might look rather simple, but I assure you that it's not baseless. Take a moment and think about it. It's these simple stuffs that causes us the big, deep holes in our pockets. It's time to buckle up and save for your very own future. Do let me know if I could be of any help. Happy budgeting, saving and investing folks! *wink* ;)