1. You work hard, but not cleverly
In school we are taught that we must work hard if we want good results in life. This is only half the story because on the other hand, everyday life and experience teach you that it is important to work smart.
If all you do is work hard, you will never become as rich as you dream. The idea is to work smart, that is, to invest money in the stock market when given the opportunity, to be present at the right time with the right people, and to take advantage of every option that comes your way.
You can do many things without having to try hard or waste time.
2. Creating a personal budget for yourself is something boring
Okay, we admit that is not the most fun thing you can do. But dedicating even a few hours to creating a realistic spending and savings scheme will reward you by saving you tremendous stress in the future.
3. You think you do not have time to record every expense you make
Creating a budget can take a long time, calculating all the expenses and what you want to save. But lately, this has become even simpler thanks to the numerous applications that make your job easier.
4. 'I do not earn enough money to draft a budget'
Do you think that you do not need a budget when every money you earn goes to the necessary things? Wrong. Planning a budget is even more essential when your income is low, so that any money earned is spent wisely.
5. 'I'm weak with math'
No extraordinary calculation skills are required as drafting a budget requires basic computational actions.
6. Buy things you can not afford
If you do not give up this habit, you are unlikely to ever get rich. Even if you are starting to earn more than before, you should not use it as an excuse to change your lifestyle. The goal is to get to know the ethics you have at work or with money, not the luxury spending you make.
7. Do not leave your comfort zone
Success comes in parallel with risk and difficulty. Becoming a millionaire is not easy and the feeling of comfort constantly tempts you. The problem is that you have to take risks and to do so you need constant change! Generally, the rich find "comfort" in insecurity.
Source: Business Insider
