What Habits Lead to Poverty: Financial Illiteracy
Some people are left with only one question: where does the money go? Even a good salary and a set goal do not allow them to move forward.
The reason for this is phrases and habits, sometimes imposed since childhood.
Experts advise to reconsider your behavior and attitude towards everything that invisibly leads to poverty.
1. Stop putting money away in a piggy bank.
If it is possible to control unexpected expenses, then savings should be put to work with the help of a deposit or other financial program.
2. Stop lending money.
It’s better to deny yourself something once than to turn to friends or installment cards for financial help every month.
3. Just one phrase gives away a financially illiterate person.
When he buys some trifle or another inexpensive trinket, he can explain his decision by the fact that the low cost will not solve his financial problem.
In such cases they often repeat: “Is this really money?”
4. Another bad habit is saving rather than looking for additional or better sources of income, as well as using credit and installments to purchase non-essential items.
And finally, the phrase “money can’t buy happiness” is more often said by people with a lower income level.
People who are driven to achieve a goal look for opportunities, not excuses.
