8 Signs You Will Never Be Rich

Nhat Minh April 20, 2019 07:33

If your 4 best friends are poor, you will be the 5th.

No one likes being told that they will never be rich, however, if your life goal is to get rich, you should refer to the list below.

1. You don't understand basic math

Making money is like a mathematical process, including how much you earn per contract or per hour of work, how much you pay for labor, taxes, etc., and then reinvesting a portion of the profits to create new income. It's really basic addition, subtraction, multiplication, and division, and that's all you need, unless you have a more complex job.

You need to understand the numbers, organize them, and draw conclusions from them, otherwise you won't be able to accurately evaluate your work and improve your life.

Image:Vox

2. You focus on saving instead of earning money

This is the real difference between people who work to become rich, and people who work to avoid poverty. In fact, you can save your way out of poverty, but you can't save your way into a billionaire.

The only way to become rich is to increase your income and invest it. It’s a simple process: You have to earn more money, then use that money to invest in other projects that bring in more profit, and repeat this process many times.

3. You spend more than you earn

If you spend more than you earn, you are not only not rich, but also poor. Some people care more about appearance than inner value. There is no shame in not having money to buy something, but realizing that you have no money should be a motivation for you to try harder in the future.

4. You lack discipline

Wealth doesn't come overnight, because achieving anything takes time, focus, and discipline. Success is the sum of small actions repeated every day, over a long period of time.

Disciplined people get things done, no matter how they feel. If you can't master your actions, how can you expect to master the world you live in?

5. You don't have investments

Investing is something that will help you earn more than you put in. They are divided into two types: active investing and passive investing.

Active investment is a form of investing money and time in your business.

Passive investing is where you buy a house and rent it out.

6. You don't try new things

How do you expect your life to change if you don’t change what you do? Sure, change is scary, but it’s the beginning of all the good things you didn’t know existed inside you.

Push yourself into new situations, situations that may make you feel uncomfortable or scared to face, because that's where you can learn more about yourself and your own desires.

7. You fear failure

No one wants to fail, but that is the main difference between those who will pursue their goals and those who refuse to try.

Fear is a natural defense mechanism against things we cannot control. But unlike the fear of "life and death", this failure only means you have to start over again. If you are so afraid of failure, it will prevent you from trying.

8. You expect miracles

You play the lottery, you hope to inherit a large sum of money, your mind is always thinking about how you will spend the (imaginary) money... It's time to wake up and urge yourself from laziness and get to work.

According to vnexpress.net
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8 Signs You Will Never Be Rich
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