Million dollar mistakes

Public opinion means to you a lot. To whom it doesn’t? – You ask. Most of us live to impress the public, to show our superiority – this is the way human is built to be. We are made to compete.

Patience is not a friend of your. If you want to be a millionaire say no to credit cards no matter how good looking and well designed they could be. Until the “explosion” of credit services offered by banks these days, one had to give it a lot of effort to spend more that he/she had.

Having bad habits could be a serious barrier on your way to financial freedom (becoming a millionaire). Let’s have one thing clear before we proceed with this article. I am not against smoking, drinking or whatever “bad habits” is used in your understanding.

No plans. And this is not the one of ten mistakes on your way to financial freedom – it is THE major mistake people make in their lives in general. No plans – means no goals, no goals means no interest in life, depression, sadness etc.

The lack of preparation: Life is full of surprises, hence making it colorful (there are ups and downs). Again, it is all a matter of point of view – but for the most of us changes are hard to accept…

Making a quick buck. This is what we see in the movies, but not often in actual life examples. The vast majority of millionaire cases do not differentiate itself as a fast buck cases.

Your fortune depends on you and only on you. You will be making one of the ten mistakes, if you rely on others to take care of your money. Just think about it, who could be more motivated than you to make you rich?

Investing in the things one is not acquainted with and absolutely does not understand. This is the case of gossips and “left trains”.

Having financial fears. You have read and heard so much about the risk of investment that you keep your money in the saving account and believe that the entire world is after them.

Ignoring your finances. Your have accepted the idea that if made enough, the finances will take care of themselves.

There have been probably thousand of researches and hundreds of articles written and tons of books published that analyze millionaires’ personalities, their behaviors and their sources of income.