Hello, with the new year upon us,
I know that many of your 2012 resolutions involve saving money and building wealth.
But before you begin creating your plan of action to achieve your financial goals,
it’s important to make sure that you aren’t unknowingly holding yourself back
from your own financial independence.
Through my usual experience, I’ve learned that there are five common mistakes
that prevent the majority of Americans from becoming wealthy.
Let’s talk about them one by one.
First, at the top of the list,
it is it never occurs to them to become wealthy.
The average person is growing up in a family where he has never met or known anyone who is wealthy.
He goes to school, socializes with people who are not wealthy.
Birds of a feather, flock together.
He works with people who are not wealthy.
He has a reference group or social circle outside the world who are not wealthy.
And he has no role models who are wealthy.
But if this has happened to you throughout your formative years up to the age of 20 or so,
You can actually grow up and become a fully mature adult in our society.
And it may never occur to you
that it’s just as possible for you to be wealthy as for anyone else.
So the first reason why people don’t become wealthy
is because it never occurs to them that it’s possible for them.
And of course, if it never occurs to them,
then they never take any of the steps necessary to make it a reality.
The second reason that people don’t become wealthy is that they never decide to.
The primary cause for under-achievement-failure
is that the great majority of people don’t decide to be successful.
Even if a person reads a book or attends a lecture
or associates with people who are financially successful
nothing changes until he makes a decision to do something different.
Even if it occurs to a person that he could become wealthy
if he just did certain things in a certain way,
if he doesn’t decide to take the first step he ends up staying as he is.
If you continue to do what you’ve always done,
you’ll continue to get what you always got.
The third reason that people don’t become wealthy is procrastination.
People always have a good reason not to begin doing
what they know they need to do to achieve financial independence.
借口往往都是月份不对 季节不对 或年份不对
It’s always the wrong month, the wrong season, or the wrong year.
There always seems to be a reason to procrastinate.
As a result, they keep putting it off month by month, year by year,
until it’s too late.
Even if it has occurred to a person that he can become wealthy,
and they’ve made a decision to change,
procrastination would push all their plans into the indefinite future,
and nothing will ever happen.
The fourth reason that people retire poor
is what the economists call the inability to delay gratification.
The great majority of people have an irresistible temptation
to spend every single penny they make
and whatever else that they can borrow or buy on credit.
If you cannot delay gratification,
and discipline yourself to refrain from spending everything you made,
you cannot become wealthy.
W. Clement Stone once said if you cannot save money,
then the seeds of greatness are not in you.
If you cannot practice budgeting as a lifelong habit,
it would be impossible for you to achieve financial independence.
The fifth reason that people retire poor is
perhaps as important, if not more important than all the others.
It’s a lack of time perspective.
Time perspective is defined as
The amount of the time that you take into consideration when planning your day-to-day activities and when making important decisions in your life.
The young couple that begins putting 50 dollars a month aside in a scholarship fund
so that their new-born child can go to the college or university of his choice
is a couple with long time perspective.
They’ve won a sacrifice in a short term
to assure better results and outcomes in a long term.
People with long time perspective
almost invariably move up economically in the course of their lifetimes.
What I sip for the five reasons why most people don’t become wealthy?
I hope you found this helpful.
If you did, please visit ‘www.briantracy.com/wealthreport’
and that is send you a free report.
Remember this ‘www.briantracy.com/wealthreport’
for my free report The Way to Wealth.