• 5 naive thoughts that limit your financial growth.

In this article you will know 5 limiting thoughts your chances of growing financially and that you should eliminate right now.

For several years now, Forbes magazine has published the list of the richest men in the world. Renowned names such as Bill Gates, Warren Buffett and Mark Zuckerberg are part of this list and their fortunes continue to grow year after year.

Every time this information is made public, most of us jump to see who these characters are that we envy.

However, on some occasions, instead of motivating us, limiting thoughts our possibilities and demotivate us. Why?

Because it’s hard to believe that an ordinary person, like us, can get to that point. We think it’s impossible and we start creating all kinds of excuses to justify our thoughts.

Thomas Corleyauthor of the book Rich Habits: The Daily Success Habits of Wealthy Individuals, studied the daily activities of 233 millionaire individuals and 128 poor individuals for 5 years; which led him to discover that we all have the ability to change our destiny in financial terms.

However, there is a huge difference between the habits of people with money and those who do not.

During his research, he identified more than 300 activities that separate them and make them have a totally different understanding of money than most people.

Find below the 5 limiting thoughts your chances of growing financially.

5 thoughts that limit your financial growth.

1. Believing that investing is just a game of chance or depends on luck.

A large part of the individuals analyzed in the study have increased their fortunes by investing in the stock market.

Before any purchase decision, they carefully analyze the financial data of each investment; Looking for strengths and weaknesses. Additionally, they confirm with their advisers whether the analysis carried out was correct.

But the task does not end here. After buying the share, they constantly monitor the behavior of their investment. If it is positive, they invest more money and if it is not, they sell the share.

Does this have some luck or chance? The answer is definitely no. Even poker or black jack, which for many are games of chance, have game strategies.

2. Believing that all debts are bad.

This is one of the limiting thoughts more.

The debt that you acquire to cover losses or buy luxuries are definitely the worst you can acquire; Never do it. However, the debts acquired to create assets can become a lot of money.

Also read: Know the difference between bad debt and good debt.

51% of the individuals analyzed in this research were entrepreneurs. They took great risks acquiring millionaire debts to be able to create their companies. Which would generate great profits in the future; until they become millionaires.

3. Believing that you need to be very lucky to be a millionaire.

For Corley there is a big difference between chance luck and chance luck.

For those who criticize millionaires, getting rich is purely a matter of chance. However, chance luck is the real reason the rich are rich.

Also read: the important role of luck when you create a company.

The rich create their own luck through their habits, if you have good habits, the probability that you will be lucky will increase.

Read more.
Learn every day.
Watch your health.
Do exercise.
Focus on your goals.

These are some good habits that will push you to achieve your dreams faster.

4. Believing that by seeking wealth you are a miser.

97% of the people in this study said that greed was never their motivation.

More than 90% were in their businesses for their own pleasure, and on average it took them 32 years to accumulate their fortunes. Greed does not wait so many years.

5. Believing that every penny you save is a penny you earn.

It is a myth that saving will generate wealth, but it is a great truth that a penny invested is ten cents earned.

The individuals in this research had their money invested in real estate, the stock market, or in their own businesses. If you want to be financially free, stop saving and start investing.

Conclution.

By changing the way we think, we can make these thoughts that limit our financial growth go away. And in doing so, we open up a spectrum of possibilities to new opportunities.

Remember to face new risks with a positive mindset 🙂

• 5 naive thoughts that limit your financial growth.

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