Growth Mindset Psychology: The Science of Self-Improvement 14 Habits Keeping You Poor
Apr 4, 2023
Learn about the bad habits holding you back from financial success, including procrastination, not prioritizing projects, and not understanding personal finances. Discover the negative impact of not having an emergency fund, succumbing to lifestyle inflation, and hanging around with the wrong crowd. Explore the consequences of acting rich, taking poor advice, blaming circumstances, and focusing solely on saving without an investment strategy.
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Start Today, Not Tomorrow
- Quit procrastinating and start tasks now instead of promising 'tomorrow'.
- Begin practical steps immediately to break the habit of delay.
Finish What You Start
- Limit new projects and commit to finishing the ones you start to learn from mistakes.
- Estimate time-to-competence before beginning to avoid perpetual half-done efforts.
Make Savings A Bill
- Pay yourself first by automatically saving a portion of each paycheck before spending.
- Treat savings like a mandatory bill and aim to save at least 10% of income.