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.