Build with Leila Hormozi 7 Money Habits Keeping You Poor | Ep 10
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Feb 9, 2023 Discover the seven money habits that might be holding you back from wealth. Learn why sacrificing today for tomorrow and avoiding debt awareness can be detrimental. Explore how not investing in growth and spending before saving can trap you in a cycle of poverty. Challenge the urge to appear wealthy while struggling financially. Embrace the importance of education and the right mindset to boost your financial journey. It's time to break free from complacency and foster healthier financial behaviors!
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Master Impulse Control
- Master impulse control to break the habit of sacrificing tomorrow for today.
- Take massive action against impulsive spending to change your behavior.
Confront Avoidance
- Confront your financial anxieties by checking your bank account regularly.
- Use tools like Mint to track spending and gain control.
Acknowledge Debt
- Create a personal balance sheet to acknowledge and address debt.
- Allocate extra income towards paying down liabilities.