Reasons why people struggle financially

If everyone wants to be rich and financially successful, then why isn’t everyone rich? The answer to this question is not simple. You see, there are a lot of circumstantial reasons why a lot of people are poor and struggling. It could be because they had no mentors or they didn’t have access to good education. Emotional issues can also affect a person’s performance in life and business.

Being poor is a state of mind. There are lot destructive behaviors, ideologies and mistakes that are currently anchoring a lot of people from achieving success.

In this article, we are going to be looking at some reason why a lot of people struggle financially.

People set impotent goals

Most people are unsuccessful not because they set lofty goals and fail to hit them, but because they set petty and unchallenging goals. If your goals are easy to achieve, then you have to raise your ambitions and standards. You need to have the drive and determination to go further than those around you.

On the other hand, don’t set unrealistic goals that are impossible to accomplish. Instead, set goals that will push you above your comfort zone. The right goal will help you become a better person and secure a better future for you. The proper goal will bring you riches.

Subscribe to ‘the secret’

The philosophy outlined in some books often do not yield any result. For example, the philosophy outlined in the book- “the secret” has led a lot of people astray. According to the book, the best way to achieve success is to go to a quiet place and sit down and imagine yourself receiving a check with a big number written on it. If you believe in what you imagine, the check is going to show up at your door.  Wait! Does this actually work? NO!

If you believe in this philosophy you are going to struggle in life. On the other hand, if you work hard and take continuous action to achieve your goals, you will become something in life.

Unable to run a business

You don’t have to feel bad or ashamed of yourself because you don’t have business experience. The truth is that nobody was born with business skills. Someone has to teach you how things are done. You must be very careful when choosing your mentors.



Final note

These are by no means the only reason why people are poor or struggling financially. Do some research to find out more.