You Will Never Be Rich If You Keep Doing These 10 Things

You Will Never Be Rich If You Keep Doing These 10 Things

It doesn't matter how much money you're making right now, if you don't know how to manage and invest it, you'll never be truly rich and well off.

There are no secret tricks to get rich overnight, but there are some proven systems that can help you get rich gradually over time.

The reality is that most people have an equal opportunity to be rich. Some may face greater obstacles than others. But the opportunity is there for everyone, ready to be seized.




Have you ever wondered why some are rich and others are not? The truth is that they are rich primarily because of their lifestyle and mindset.

Many people spend their entire lives complaining about their situation, while others strive every day to change it. This is what sets us apart.

In addition, they continue to believe in easy money and that everything is a matter of luck. For this reason, there are still companies that steal money from others with the promise of doubling it in a week.

There are still many people who do not move because they feel that one day "their time will come" and believe that wealth is a matter of divine luck.

But having money or so-called "financial freedom" is more a matter of habits and effort than "luck or easy tricks", and there are many habits that will never allow you to achieve it.

From living beyond your means to having a single source of income, I'm going to list 10 things that will keep you from getting rich.




10 reasons why you will never be rich

1. You have a job or full-time employment

There is nothing absolutely certain in this world. Everyone has the potential to do what they want with their future, and really the limit is the mentality of each one.

But over the course of my short life and a few books I've read, I've discovered that most rich millionaires have one thing in common: no one works as an office worker.

Here are some reasons:

  • An entrepreneur spends on average many more hours on average, analyzing and structuring their investments.
  • Entrepreneurs hardly take their financial situation for granted. They are always looking for favorable changes, and this leads them to dedicate time and effort to taking care of their resources.
  • They have to deal with their own financial situation because no one else will do it for them.
  • Being an entrepreneur means taking on more responsibilities and risks. Get out of your comfort zone and create additional sources of income.

In school we learn that hard work will get us ahead in life. But "this is only half the story," says Ric Edelman, one of the best financial advisers.

When you are an employee, you are used to a salary. If this salary gives you the opportunity to live comfortably, take vacations and pay the bills, then you are hardly looking for anything else.


However, almost no one becomes a millionaire thanks to the salary of an employee. So one of the reasons you don't become a millionaire is because you have a full-time job.



In my case, I spent 4 years of my life waiting for a raise and working harder and doing my best, but my bosses only gave me a raise when I wanted to go to another company, not because I deserved it.

I realize that bosses don't care much about your performance as long as you do your job well, and if you're in a company that only cares about money, you won't be earning anything extra for your efficiency.

So this year I decided to make a change; Instead of waiting for a raise, I began to work only what was necessary in the company and to use my energy and time on personal projects.

The result was to increase my monthly income by 150% between investments and entrepreneurship. I have learned a lot about investing and hope to be fully independent in 2021.

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2. You put too much emphasis on saving

If you deposit €1000 into a bank account earning 1% annual interest in January, you only earned €10 in December. However, if you bought 2020 shares of Netflix worth $3 in January 324. Currently, you would have earned $580.


I'm not telling you that you should invest all your money in stocks; this requires analysis and knowledge of the market. What I mean by this is that there are better ways to use your money than leaving it in a savings account.


Saving money in a bank account every month will not make you a millionaire. Invest wisely and use these savings to create additional forms of income, yes.


There are many (and safe) ways to use your savings today to generate more income tomorrow. For example, one of the investments I am currently making is buying courses. Knowledge is one of the best ways to invest your money.

I have learned to invest my money wisely and have tried different forms of investment such as certificates of deposit and stocks.

In total, this year I spent 700 euros on the courses. But that earned me €2200 for improving my writing. In trading I have invested 900 euros, but this has allowed me to earn 3000 euros so far.

That money in a bank account would have allowed me to buy a new bag, but now I have new forms of income that will allow me to retire early.

3. Believe in easy money

There are many companies that promise their customers that they will achieve the desired "financial freedom". There are still many people today who believe they get rich off of them, but the truth is that these scam companies really don't work to make you rich.

According to David Olariyone, some of these realities to avoid are:

  • To play. In gambling, the system is designed so that people lose money. And also to make someone feel lucky from time to time. Players lose a lot, but much more than they win in the long run.
  • Network marketing without products. Network marketing without a solid product will eventually become a form of Ponzi scheme. If you are lucky enough to be one of the first to get in, you get quick money, but in the end it becomes an unsustainable business, and if you have money invested and friends involved at the time, you lose both.
  • Play with cryptocurrencies. Cryptocurrency is not a way to make money; it is a way of retaining and moving liquidity, like having your money in another currency. You can win very fast and lose a lot, even faster. If you don't know what you're doing, you'll regret it later.

If you want to earn a lot of money, work, invest your time and money, learn what really works and be consistent with it.

Everything I have achieved so far has been through hard work. Looking from the outside, perhaps many will think that it is luck, but every day (even when I was on vacation), I got up early to develop my personal projects.

I learned from an early age that there was no easy money: my father did not want to give me the money for a cell phone and I had to save from school lunch to buy it. Now I know why he didn't give them to me, and I really appreciate what he did.

4. You know nothing about money

If you don't learn to drive a car properly, you will never get a driver's license as it is unsafe for someone who is not familiar with the basic rules to drive a vehicle. The same goes for money.

If you don't know how money works, you can never make money work for you.

I know people who don't know how taxes work or why companies cut certain amounts from their salary. I always wonder how they know they're not getting ripped off if they don't care what the companies they work for do with their salary.

Financial education allows people to better visualize their opportunities, make smart decisions, know where to find help and how to act to resolve conflicts.

For example, in my country, there is a law according to which those who earn less than a certain amount of income and are studying at the same time, the government returns 10% of the taxes they spent on education every year.

I think I only know 3 people who have taken advantage of this benefit out of the 200 people who studied with me.

Thanks to this rule, the government has given me back more than $1000 for my education.

One thing that really helped me learn how money works was working at a bank for a year. Although I am a programmer, this experience helped me understand logically how all the processes work.

There I realized that loans and credit cards, in general, are a problem rather than a solution if they are not intended for a specific purpose. Many believe that credit cards are there to be spent and spent. But I have learned that they really are beneficial when you use them.

5. You have no money goals

Having goals allowed me to buy my first car at 19, my first house at 22, and travel twice a year every year. Every year I make a budget plan in excel where I mark what I want to achieve with that money.

This allows me to work with more passion and not spend my money on useless things.

The best way to save and increase your income is to have a goal for the money you are earning. If you do not know what you want to get the money for, then it would not be logical for you to save, it would be an end in itself.

Do you want to buy a house? Do you want to buy a new car? Travel around the world? These are valid goals you can set to start saving.

Most people who don't have a goal for their savings don't have a single euro in their bank account. They live day by day and enjoy the moment.

If you don't know what your financial goals are, you can't start working toward them.

“The number one reason most people don't get what they want is that they don't know what they want.” T. Harv Eker

So the first thing you need to do if you want to be rich one day is understand why you want to be rich.

6. You haven't started investing

Investment is essential for good money management because it guarantees present and future financial security.

Not only do you end up with more money in the bank, but you also generate another stream of income. Investing is the only way to earn growing wealth and passive income.

If you don't invest your money, it means that you plan to live only on your monthly salary and that you don't plan to retire until age 65.

If you want to retire early or become financially independent, investing is the only way to go.

Any investment is better than none, but you must choose carefully.

The higher the return an investment offers, the greater the risk of losing your money. To protect your assets, you want to diversify into a mix of high-risk and low-risk investments.

For the money I want to save in the long term, I use a pension fund. For short-term savings, I have certificates and shares. Also, I started buying real estate. I currently have a house. For the next few years, I will continue to buy apartments to rent and use with Airbnb.

7. You have a single source of income

Living only on your employee's salary is a sign of compliance. Not looking for other sources of income means not having aspirations or growth goals.

Although you are financially well off with your salary, and it allows you to have a quiet life, it is having several sources of income that allows you to achieve economic independence.

Millionaires, on average, have seven different sources of income. They learned that diversifying and creating multiple streams of income is the key to building long-term wealth. This is the key to achieving what many dream of: financial freedom.

Having multiple incomes has many benefits; the main one is security. If the last decade has taught us anything, it is that no job is safe.

The economy is out of anyone's control, and sadly, for most people, the only source of income is day work. When that trusty 9-5 fails, they find themselves in deep financial trouble.

Three years ago, I was working alone, had a fixed monthly salary, and my savings and goals were based solely on that income. My dreams were limited. After starting to have other income, I started to dream big and now I feel like there is nothing I can't achieve in the next few years.

8. Do not leave your comfort zone

Getting rich means facing the unknown and overcoming fear. Exploring new thoughts and ideas and incorporating them into our lives means leaving that comfort zone we are used to.

The more comfortable you feel in your little cocoon, the fewer risks you will take and the fewer opportunities that will present themselves.

The more you close yourself off in fear, the fewer people you meet and the fewer strategies you try.

As soon as you rest on your laurels, you stop growing.

A moment of fear can ruin your life for eternity. Being comfortable and fear killed more ideas, opportunities, action and growth than anything else.

If you want to grow, you have to take risks and make mistakes.

Instead of being afraid to take risks, see each new experiment as an opportunity to learn new skills.

If I hadn't started pursuing my dream of financial freedom, I'd still be waiting for a raise, driving an old car, and looking for a better job. Now I know that life is more than looking for a stable job in a company.

9. You believe that being rich is reserved for the lucky few.

Nothing in this life is the result of chance or divine fortune.

Everything that happens to us in this life comes from our actions. Getting rich can take a lot of hard work. Thinking that getting rich is a matter of luck means that you don't want to work or take the risk of achieving something.

People get rich through thousands of strategic decisions and actions that make them rich. They develop skills, create products, provide services and, above all, add value to other people.

It's natural to look at someone who is rich and indicate some "lucky" reason why they have been successful. It is impossible to know and identify the thousands of decisions and actions that lead to success.

For example, you could write a blog post, have it go viral, build up a huge audience, and make a lot of money. But this does not happen by chance.

For most writers, it will take hundreds, if not thousands, of carefully crafted and targeted posts before one goes viral. No one sees the year of work that went into building a platform and an audience before that article took off.

Rich people spend years developing skills, building a reputation, and creating value before they are rewarded.

10. You spend too much money unnecessarily

Wasting your entire salary every month is not an ingredient in the recipe for financial success. Neither empty your savings nor generate negative balances on the cards.

The majority of people who will never have financial stability are the ones who spend more than they earn.

If you want to be poor all your life, use your credit cards to the max, buy cars that are more expensive than you can afford, and never try to pay off your loans early.

But keep in mind that being rich on social media isn't as important as being rich in reality. Impressing people who don't care about you won't help you live a peaceful life.

To stop spending on useless things, start by checking where the money you earn each month goes. Try to clean non-essential areas where possible. Then create a realistic budget that ensures you have enough cash to pay your bills and make new investments.

Final thoughts

The general population has a love/hate relationship with wealth. Some are angry with those who are rich and at the same time hope to become rich too.

Of course, there are exceptions, but the reason the vast majority of people never manage to accumulate a good savings fund is that they don't understand the nature of money or how it works.

I believe that being rich begins in the mind. You can make a lot of money right now, but if you don't know how to manage it, it won't last forever.

If you want to be rich, then you have to educate yourself and know how the world works, because if you continue to believe that everything is a matter of luck and not work and knowledge, then I am sorry to tell you that you will. stay in your comfort zone.

For other articles on financial management, see the dedicated section.

This article is for informational purposes only. It should not be considered financial or legal advice. Always consult a professional before making important financial decisions.

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