Making money is easy. Anyone can do it, right? Just buy low and sell high, right? Well, no. Making money is not that simple. In fact, there are many things that can hold you back from making the most of your finances and achieving financial freedom. If you want to get rich quickly but don't know where to start or how to go about it, read on as we take a look at five common mistakes people make when trying to make more money:
1. You treat money as an object of worship
You treat money as an object of worship:
Money is a tool, not a god. It is not the root of all evil, nor does it have any intrinsic value beyond what we give it. In fact, studies show that wealthy people tend to be happier than poor people—which is interesting considering how many times you've heard someone say "money doesn't buy happiness." And yet when we choose to focus on our material possessions and their worth in dollars and cents rather than on who we are and what we're accomplishing in our lives, then yes—money does become one of the most important things in our lives (and no matter what your bank account looks like).
It's also worth noting here that there are plenty of ways to spend lots of money without being materialistic or greedy; many wealthy people are generous philanthropists because they want their hard-earned wealth to help others while they're alive!
2. You are in a rush to be rich
If you want to be rich, you’ll need to stop thinking about money as a goal in and of itself. Money is just a means to an end, and it’s always better to have a plan for how you will use your wealth instead of simply hoping it will come through luck or chance.
If you are working towards something bigger than yourself—and if I do say so myself, we all should be doing this—then why would money not also be considered part of that greater mission? You may find yourself asking: “What is my purpose? What am I here for? Why am I on this earth?" Well, the answer could very well be "to make me rich".
But if that's true, then what happens when we do become rich? Then what do we pursue next? This brings us back again...
3. You don't give up on your financial idols
Are you a financial idol worshipper? If so, you need to stop immediately. That's right: your priorities are upside down and inside out if any of the following is important to you:
The job title that goes along with your position at work (e.g., CEO)
The amount of money someone makes in their chosen profession (e.g., an investment banker)
The number on a big screen TV or other material possession
4. You think money is a problem
If you think that money is a problem, then it will be. That’s because the more you think about something, the more energy you put into it.
Examples:
If you have enough money and understand how to manage your finances, then money and wealth are no longer a problem for you. But if you don’t have enough or don’t know how to manage your finances well (and therefore believe that they are problems), then they will always be problems for you.
If someone earns $1 million a year but is not smart with their money, then they are going to end up in debt before too long—that is why some people make millions but end up broke when they retire or die!
5. You keep looking at your watch (even when you're not wearing one)
You don’t need to be obsessed with money. In fact, it’s not healthy. But you do need to be aware of how much time you spend on your financial situation and how this impacts your life. If you find yourself constantly looking at a watch or calendar when it comes to money-related tasks, consider making a change.
For example, I used to look at my phone every five minutes when I was working on my business because I was so worried about making progress in terms of revenue and profit — but now that has changed! Now that I'm more comfortable with what's happening from an income perspective (and have more confidence), I don't look at my phone all the time anymore — and this has helped me become happier and less stressed about work in general (which is important).
Takeaway:
Money is a tool. Money is not the root of all evil, but it can be used for evil. It's not the answer to all your problems, but it will solve some of them. And while it's not the most important thing in life, you can't live without it—so you'd better learn how to manage your finances responsibly!
Conclusion
Money is a tool, and if you don't use it properly, it will do more harm than good. However, if you follow the advice in this post, your money will be your best friend.
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