Reasons why you’re still broke

 

We all want to make a lot of moneyOurselves

Family

Financial freedom

Time freedom

Take more vacations

Invest in other business ventures to make us more money or to follow a passion

 

Everyone has this common goal that everyone seems to struggle to get to anywhere near where they want to be which ends up building doubt inside of you

 

You give up too easilyThe first half of a year, a year of starting a business, website, career or whatever you want to do is a test

You’ll be tested on your commitment to whatever it is you’re doing

During this time youre sure to experience struggles and failures, don’t worry this is all part of the test that you’re in this for the long run and that you deserve the things you want, this is the time where you prove yourself

 

You’re lacking motivationFar too many people sit around saying “I wish I was rich” “it’d be nice we we had a pay raise”

People expect this lifestyle to magically fall into their lap

Not going to wake up one day and see that someone put 100k into your bank account

Wealthy people don’t just sit and WISH for things and hope they’ll come into money

They spend less time wishing and more time doing

If you want some you need to put your heart and soul into it

The universe respects this and delivers

 

You’re in love with your TVTheres a quote“Why haven’t you ever seen a Lamborghini commercial before? Because the people who can afford them aren’t sitting around watching TV”

If you’re sitting around watching tv most of the day or night then you’re basically watching whats going on in other peoples lives instead of going out and creating your own

 

Sleep is your best friendIf you’re struggling financially but still get 8 hours of sleep a night then you’re wasting valuable time

4 hours is what the body needs to function, you can sleep more once you’ve earned it

If you’re not getting up early enough in the mornings you could be missing opportunities to make money or improve yourself

Set your alarm an hour earlier and place it near your door

When you wake up just walk out to your kitchen, make a cup of coffee and now you have an extra hour of working on yourself

Broke people turn off the alarm and get back into bed

 

You’ve adopted bad habitsAll the smoking, drinking, watching tv, browsing facebook and other crap you’ve been doing, isn’t going to have an amazing effect on your life

Growing as a person requires disciplineReading

Exercising

Studying self awareness

Picking up spirituality

 

You hang out with the wrong crowdYou become just like the 5 people you spend the most time with

Network is your networth

Make sure the people in your circle has dreams, goals and aspirations

Great for your mental state as well

 

All talk no actionHow many of you have been through this processGet this amazing idea

Instead if working on it

You start adding more thoughts to the idea that you already have

Keep adding and adding, end eventually nothing ever happens lol

People do this for the duration of their whole life and by time they take action, someone has already beat them to the punch, then they say, they stole my idea, no they made their idea happen

The wealthy don’t start out with a perfect idea, they start with a rough draft and make it perfect through the hard work they put in

 

You have no planIts not essential to become wealthy but if you’ve been broke up until now, it may be time to start creating oneWhere do you want to be next year

Where do you want to be in 5 years

Do you still want to be where you are

Or do you want to have the career of your dreams making the money you deserve

Figure out what your angle is, then hash it out in a notebook and start a gameplan

 

Keeping up with the joneses Social media is terrible with this

Constantly being able to see what everyone else has can cause so many financial problems

Everyone is at a different stage of their lifeJoneses could have been saving and hustling for 4 years and finally started splurging on themselves

You have no savings, no multiple streams of income but you still try to keep up

 

Never took the time to learn personal financePeople know how to spend but don’t know how to budget

You don’t age your money

You don’t keep track of your spending habits

You don’t have an emergency fund

Use mint or YNAB

 

You don’t have a side hustleAvg millionaire has 6-7 streams of income

living with just one is not going to help you get ahead unless it is extremely lucrative but anything can happen

Peaks and valleys

You don’t give your side hustle enough time to mature and grow into something worthy

 

You have expensive social habitsYou like going out every weekend with your friends and spending anywhere from 20%-40% of your fresh earningsClothing

Liquor

Uber

Bars

Food

Club

Stay in the house my friend

 

Lifestyle CreepStart earning more start spending more

Spending habits become larger and larger

Past luxuries become present necessities