We're going to call you out on some behaviors that are actively preventing you from progressing in
your life. For good reason, not everyone is ready to achieve financial success.
In today’s video, we'll look at your actions, practices, habits, and entire way of life. If you
identify with this video, a red flag should appear in your head, indicating that it may be time to
make a life change, but only if your objective is financial success. We can all agree that money
does not come easily; and it necessitates you to evolve into something different, to be smarter, to
work more, and to make sacrifices that you may not be willing to do at this time. As you watch this
video, I want you to look over the list and see if you can spot the 10 Signs you're poorer than you
think. And if you relate with any of them, give this video a thumbs up, if not, give it a dislike.
Now let’s get into it. 10. You can’t save money
You've undoubtedly heard it a million times before and are thinking to yourself,
"Here we go again!" You may possibly believe that you do not earn enough money to save.
Sorry, but that is not the case. If you can't save 10% of your wages now,
you won't be able to do so even if your income doubles. You may believe that if your income
doubled, your lifestyle would remain unchanged, but the truth is, this is rarely the case.
People who spend all of their wages frequently change their lifestyles to fit inside their
financial constraints. See what happens if you try it for yourself. Examine your
spending habits over the last two weeks to determine which expenses were needless. We
promise you'll find more than 10% strewn around on goods you didn't need or particularly want,
simply because you went with the flow. 9. You still expect to get rich quick
True riches take time to accumulate! A decent wall takes brick after brick to construct.
You may have always fantasized about what it would be like if you suddenly inherited $1 billion!
What it's like to win the lottery, or to learn that a long-lost relative has left you his riches.
Those who are serious about being wealthy don't waste time fantasizing about it;
instead, they go to work. They are steadily becoming wealthy,
in contrast to everyone else. It will take years, and you won't see much progress in the first few.
But, over time, things begin to take shape, and before you realize it, they've grown enormously,
leaving you in the same place. It’s dumb expecting that the universe would deliver what you want
rather than you working for it. The point is, life is what you make of it.
8. You think Hard Work is all it takes Let me put this into perspective: if hard labour
were all it required to succeed, coal miners would be the wealthiest people on the planet!
Building and retaining wealth necessitates a diverse set of skills that must be coordinated.
Hard work and discipline are only one piece of the puzzle. One of the most significant
handicaps a person might have these days is their incapacity to use technology to their advantage.
Even if English isn't your first language for some of you, you've adopted this technology and
now have immediate access to the information in this video. Your capacity to discipline yourself,
motivate yourself, learn, adapt, and use the technology at your disposal will all play a role.
You must consider the big picture! Instead of opening a little store in your neighborhood,
why not open an internet store and sell your goods all over the world?
Simply open a store as a first step, and then find out how to expand. You can do this on literally a
thousand different platforms. Play around with it and see how it can assist you on your path.
7. You don’t read for growth We've always been strong supporters
of reading around here! Particularly now, when people are constantly inundated with distractions.
On our channel, we've recommended so many books that by now, you should be able to
live healthy and financially well. Reading can be a fun pastime,
but many people are unaware that it can also be a learning environment.
Now, instead of being entertained, read to learn. Reading is a great way to learn about the world
and yourself. You get direct access to the works of some of the world's most creative thinkers.
All of this information is available in books and on the internet. The tremendous beauty of the
twenty-first century. You can get that value at the lowest price in history because of technology.
All you have to do now is go get it. Thousands of you have already joined up for a
slew of websites or purchased a stack of books, promising to read everything on them at some
point in the future. Now is an excellent moment to begin. That's a value you're entitled to for free!
If you haven't already, pick any of the top self-development books and see how it changes
your perspective on the world. And since you’re watching and listening to this, it’s a good start.
6. Your religion looks down on wealth When it comes to religion, it has always been
a contentious topic. This is a topic that people are more sensitive to than nearly anything else.
However, many people are held back and unable to overcome poverty because their religion of
choice despises growth and riches. Many faiths teach that the wealthy have no place in Heaven,
or that if you live a poor life, you will be rewarded with abundance in the next life. However,
that's not a risk we're willing to accept. Wealth is merely a tool, nothing more. A hammer,
like any other tool, can be used to build a house or to crush your finger. Whether or
not you believe in a higher power has no bearing on the amount of good you can do in this world.
The poorest people on the planet are also the most religious, according to statistics.
These also have the smallest impact on humanity's progress or the well-being of others.
Progress, not religion, has treated deadly illnesses,
and we are gradually improving the quality of life of everyone on the planet
through new technology and creativity. Do you want to wait for someone to help you,
or are you going to save yourself? 5. You have a single source of income
Everyone's life comes to a moment where they must consider the worst-case scenario.
What if you were hit by a car tomorrow and couldn't go back to work the way you were?
Would you be able to look for yourself and people you love, or would they have to look after you?
This is where revenue stream diversification comes into play. In other words, don't put all your
eggs in one basket. Start putting money aside, regardless of how much you earn. Look for other
ways to invest. They may provide a lower return, but they are less reliant on you. Real estate,
royalties, and other people's enterprises can all be valuable assets in the long run.
4. You need other people to motivate you This is one of the most important inner abilities
to have. You'll have to fight your way through your quest with sheer willpower at times. You
must be in your own corner, protecting yourself and calling yourself out on your nonsense.
Our daily emotions have an impact on how we plan our life. That much is obvious. So, one of
the most important conditions for success is the ability to discipline your mind and behaviors, and
without a strong attitude, you will never succeed. We have bad news for you if you find it difficult
to retain attention, be self-discipline, and force yourself to move forward. You're not even close to
being wealthy! It's simpler to think about the future, establish goals, and see them through
when we're happy and interested in life. What you do with that piece of information is up to you.
3. You have bills that you struggle with or cannot afford to pay
You have a low-paying job because you spend little to no time honing a vital skill set,
and even when you do get paid, you waste money on useless items. If you've ever had the lights shut
off because you don't have enough credit to make a phone call or don't have enough money to pay the
bills that come your way, you know how frustrating it can be. You've stretched yourself too thin and
qualify as poor, however this normally occurs when someone isn't earning enough money;
we've seen it happen to celebrities. Because of this exact thing,
Johnny Depp was once in serious financial trouble. Despite earning a lot of money, he was unable to
pay two-million-dollar bills at one point, causing him to sell some of his assets. But wait a second,
let's get back to you. If you have no idea how you got into this situation, it's probably because you
don't understand how the world works. Don't get us wrong: you should do
everything you can to improve your knowledge and abilities, and happily,
the internet is full of useful material that can help you get a head start on your objectives.
However, stealing in any form is prohibited. If you can't afford to pay for any of those items,
you're poor, and you need to recognize that. You must take a seat on the correct side of the table.
You must improve your performance. 2. If you have an addiction
Chemicals or companies that work hard to keep you addicted may still have control over your
life. It doesn't matter how much money you have; if you are controlled by something, you are not a
free man. Although slavery is no longer practised, substances or companies that work hard to keep you
addicted may still have control over your life. Smoking, for example, is harmful to your health.
Don't even get us started on our use of hard drugs. Life should be enjoyable and beautiful;
you want to live as long and as healthy as possible so that you may fully appreciate it.
It's no mystery that the wealthy live longer than the poor;
in this scenario, you won't be poor financially, but you could live 10 years less than someone else
simply because you're making stupid decisions and losing control of your life.
You should think about it and the ramifications for your future.
1. You can’t increase your income level. It might sometimes feel as if a person is stuck at
the same salary level. They can change occupations or work harder, but it will have no effect
on their earnings. It may appear as if there were a ceiling that no one can break through.
You probably think that to get more money, you need to work 60 hours a week, acquire a PhD,
and have connections. But more money equals more difficulties and responsibilities,
which is probably not good news if you’re already working two jobs.
Ideally, that would mean that you have more than enough money, but you know what they say about
reality. We make plans and it laughs… It makes sense in his context and that’s all that matters.
A person grows accustomed to their current financial condition, manages to live on a budget,
and may even become irritated if their wage is abruptly increased. That is why
the feelings of inadequacy and guilt persist. If a person receives a bonus at work, they will
spend it within a week and will not even realize it. If they're asked to work on a new project
that isn't part of their job description, they'll declare they're too busy and miss the opportunity.
Because they are accustomed to living on the same income, they lose out on all opportunities that
are above their current level of income. Well thank you all so much for watching,
give this video a thumbs up and I’ll see you in the next one.