Once people have studied and become financially literate , they may face setbacks to becoming financially independent .
There are five main reasons why financially literate people may still not develop abundant asset columns.
Asset columns that could free them to live the life they dream of instead of working full time to pay bills.
The five reasons are
1. Fear
2 . Criticizing
3. Laziness
4. Bad habits
5. Arrogance
Reason No.1 . Overcoming the fear of losing money . I have never met anyone who really likes losing money .And there is never a rich person whom has never lost money .
The fear of losing money is real . Everyone has it. Even the rich . But it's not fear that's the problem it's how you handle losing .
It's how you handle failure that makes the difference in one's life. That goes for anything in life not jus money .
The primary difference between a rich person and a poor person is how they handle that fear.
It's OK to be be fearful . It's OK to be a coward when it comes to money . You can still be rich .We are all heroes at something and cowards at something else.
Some people are terrified of snakes. Some people are terrified losing money. Both are phobias.
If you hate risk and worry .. Start early thus investing , and saving.
Everyone wants to go to heaven , but no one wants to die . Most people dream of being rich ,but are terrified of losing money so they never go to heaven.
Failure inspires winners . And failure defeats losers. It is the biggest secret of winners . .
The greatest secret of winners is that failure inspires winning. Thus they are not afraid of losing .
Be positive and master your fears.
Thanks for your time reading ! God bless you..
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