Скачать или смотреть 10 Huge Mistakes Why Most People Will Never Be Rich

Leading a successful, fruitful life is about learning a new thing every day, and what better way to learn than from other people's mistakes?

With that in mind, in today's video, we will be learning about the ten huge mistakes many people make that keep them from being rich.
Join in as we go through actions that could hold you back from success.

So, what are the ten huge mistakes why most people will never be rich? Let's find out.



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📌00:00 10 Huge Mistakes Why Most People Will Never Be Rich📌

00:38 1. Using Credit for Things That Don't Generate Income:

Are you one to whip up your credit card to pay for an expensive vacation? Or that night out with your crew?
That there is one mistake that keeps many people from getting rich. See, when you use credit on things that do not generate income like these, you'll end up in financial oblivion.
And not that very far off in the future. Pretty soon.


01:19 2. Comparing How Much They Have with Other People:

Another reason most people will never be rich is that they get themselves into mental traps by comparing themselves to those around them or on social media day in and day out.
Just think about it. Will your friend's or favorite influencer's financial situation—good or bad— pay your rent for this month, gas bill, or water?
That's right. It won't.


02:16 3. Thinking the Salary Is Enough:

People with the mindset of "My lifestyle will be based around my income" are another lot that often fails at getting wealthy.
Just think about it.
You have a regular salary that pays the rent, bills, and a few nights out. You've hacked life, right?


03:01 4. They Don't Invest:

While investing is easily the most effective way to earn time over time, many people still don't do it, which might explain why most of them never become rich.
Even if you are that good at saving, which is commendable, having your cash sitting at the bank subjects it to erosion.


03:43 5. Thinking Comfort Is Financial Freedom:

Mistaking comfort for being rich is a blunder you don't want to make, especially at a young age.
Many people with comfortable finances tend to think that they are wealthy, which is not okay.
See, as you mistake comfort for financial freedom, other people seek an abundance of money, which is the only way to achieve more financial freedom and security than you'll ever need.


04:21 6. Overpaying for Necessities:

Most people also make the mistake of spending way more than necessary on necessities, which keeps them from achieving true wealth.
Granted, paying for everyday things like a car, home insurance, rent, and other bills is okay. However, if you are not getting the best deals, you might be steering yourself into a financial rut.


04:52 7. Driving an Expensive Car:

Make no mistake. Your dream car is all that. Fun to drive, it gives you status, and so on.
Even so, purchasing it can be a huge financial mistake. Remember, cars depreciate in value as soon as you drive out of the dealership.


05:29 8. Leading Life as "Pretender Spenders":

Wait, what phrase in the world did I just throw at you?
Don't worry.
Pretender spenders are actually those who try to impress you by throwing around money and flashing extravagant things.
Remember that person lying on a bed in an expensive, exotic location with money all over the space? I think it was on Instagram.


06:21 9. Spending More than They Earn:

This is easily the most common reason why most people fail to be rich.
See, what most of us do, especially when just starting our careers, all we need is a single bonus, and we will be buying the fanciest of watches or visiting the Maldives.
It just happens.


07:19 10. Focusing On Several Things at Once:

There is a high chance you know someone who is always with their hands full. They are ever trying this and that, stopping partway through every idea for the next.
Well, that there is a sure way not to become rich in life.

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