Poverty is a state of mind.
You do not have to be born in a wealthy family to own a palatial home, drive porsh cars and take your children abroad to further their education.
Here are five mistakes that make one poor:
1) Living other people’s lives
You dream of becoming wealthy is invalid if you are going to let other people control your life. Wealthy people are masters of their destiny. You have to decide who you want to become and strive to make the dream a reality.
2) Failing to plan
Failing to plan is planning to fail. It is advisable to come up with proper plans that will lead you up the ladder.
3) Giving up on your career too early
Life has many challenges. Many people tend to give up on their career too early. No matter what you go through, hold on to the end.
4) Rushing to buy an expensive home
It is the desire of everyone to own a good home. However, it does not make sense to buy a home when you have not paid fees or saved for emergencies.
5) Postponing saving for retirement
Many people keep asking when they should start investing. It is wise to start investing early in life. People who invest early are likely to end up wealthy than those who wait for retirement.