#Money: 8 Reasons Why You Don’t Have Money? #Business #SelfImprovement
1. Living with mommy
Most Americans live within 25 miles of their mothers. If you want to make real money, it’s time to disconnect from mommy and all things familiar. It is time to move away and go where there is opportunity. You aren’t saving money by still living at your parent’s house — you are missing opportunities. My life didn’t change until I moved away from my hometown at the age of 29.
2. Economic illiteracy
Most people are economically illiterate. People are going to college and don’t even understand basic economic terms. Economy is defined as household management or management of resources. Manage means to be in charge and succeed in surviving, especially against heavy odds. To manage your own economy means you have to create money by playing offense in the marketplace.
3. The budget blockhead mindset
Spending all of your time trying to budget money is a way to guarantee you never have money. Your daddy told you, “A penny saved is a penny earned,” wrong, it’s just a penny. Having a budget blockhead mindset means you are playing defense, not offense.
4. Politicians, the Easter Bunny and Santa Claus
This idea that a politician can save the middle class (you) has been tried, tested, promised and failed for the last 50 years. Almost every economic indicator has worsened. If politicians could save the middle class they would have already.