5 Reasons Why Most People don't Become Wealthy

There are 5 common mistakes that prevent the majority of people from becoming wealthy.

1. It never occurs to them to becoming wealthy

The average person has growing up in a family where his never meet or known anyone who is wealthy, he goes to school socialize with the people who are not wealthy. Bird with same feather flocks together. he works with people who are not wealthy, he has a social or reference group who are not wealthy, and he has no role models who are wealthy.

Now if this is happen to you throughout your years of the age of 20-25. You can actually grow up of become a fully mature adult in our society and you never occur that is just as possible for you to become wealthy as for anyone else. So the first reason why people don't become wealthy its because they never occur to them that is possible for them and of course it it never occurs to them then they may not make a steps as necessary to make it a reality.

2. They never decide to

The primary cause to underachievement of failure is that the great majority of people dont decide to become successful. Even he has occurs to some successful people nothing changes until he makes a decision to do something different. Even it occurs to a person that he could become wealthy just in certain things and in certain way. If he doesn't decide to take the first step he ends up staying as he is. If you continue to do what always done you continue to get what you've always got.

3. Procrastination

People always have a good reason not to begin doing what they know what they need to do to achieve financially dependence. It always the wrong month, season, year. Theirs always a reason to procrastinate. As a result they keep putting it off month by month, year by year until its to late. Even its occurred to a person that he become wealthy and they have made a decision to change. procrastination will push all their plan into the indefinite future and nothing will ever happen.

4. Reason Why people retire poor is that the economist called the inability to delay gratification.

The great majority of people have been irresistible temptation to spend every single penny they make and whatever else they can borrow or buy it on credit. If you can't delay gratification and discipline yourself refrain from spending everything you make. You cannot become wealthy.

5. Reason why people retire poor is perhaps more important than all the others. Its a lack of time perspective.

Time perspective is define as the amount of time that you take into consideration when planning your day to day activities and when making important decision in you life. The young couple that begins 50 dollars a month aside for the scholarship fond so that there new born child can go to college or university of hes choice is a couple with long time perspective. There willing to sacrifice in a short term to assure better result and outcomes in a long terms. People with long time perspective almost invariably move up economically in the course of there lifetime.

Hope you finds this helpful.