Why Are You Not Rich?

Clara Bow

TheStreet.com outlines 10 bad habits that keep people from acquiring wealth.

It has nothing to do with your earning potential. It’s all about common sense.

Some of the reasons include:

  • Caring what your neighbors think — this could mean spending too much money on a fancy car or a house that is bigger than you need.
  • A sense of entitlement — feeling like you deserve to live the high life and living above your means instead of investing in your future.
  • Lack of diversification — investing in only one thing is risky. Think of the proverb about putting all of your eggs in one basket.
  • Not willing to learn — each of us must keep up with changes and developments in our work if we want to advance our careers.

These are just a few examples. Read the full article here.

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