Top 10 Toxic Habits That Will Never Let You To Be Rich
It's true that being rich can never become the only ambition of someone's life. Everyone in the world seeks happiness only because at the end of the day it's more expensive than having some notes in the bank account. Even though, money can never buy happiness, but it's always a part of it. If you want to be happy, then you must have a better quality of life. Everyone in the world seeks for a better a life. Unless, you belong to a very high profiled family, there will be always a choice and desire for a better life.
But, unfortunately it's not always possible for everyone. Your future life and lifestyle will mostly depend on your mindset and also on your perspective towards your life. If you want to have a good financial position, you must clear your perspective about money.
Masses of people in the world prefer to live their whole life with a settled mindset. That's why, they can never become rich anyway despite of seeking this always. If you're one of those people, seeks a better lifestyle, then I will recommend you to check out this article. In today's article, you're going to know in detail about the 10 toxic habits being practiced by most people in the world and the truths behind them.
So, if you're interested, then continue reading to the end.
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How NOT TO become rich
1. Believing that a 9-5 job is everything in life:
You know very well what is meant by 9-5 job and what it actually gives you. "Wake up in the morning, take a shower, then grab your breakfast and run to your office. Do all the works in your table until it's finally afternoon or almost night. Stop working and then get back to your home with a sleepy body and tired mind. Then take your dinner, watch some TV and hit your bed and end your day." - That is the lifestyle you will get out of doing a 9-5 job. Nothing else just nothing.
Even sometimes you also cannot go for a good vacation until it's your holiday or you're having one of those summer or winter vacations. Many experts say that traveling a big part of having happiness. But many people have to abandon traveling until they finally retire and get old.
So, now you may ask why everyone prefers to do the 9-5 job despite of knowing about the miseries. Well, the main reason behind it the TRAP OF GOOD SALLERY. It's true that 9-5 job will always provide you a minimum amount to live a medium good life. What's needed next?? Many people never consider anything when finally they get a job like this and that is how they regret in future.
2. Making career choices based on society and parents:
I am not saying that parents are bad or they shouldn't have any choices in our life. The society also helps us in various ways of our life. But, I think when it comes to finding a passion, then not necessarily they need to take the responsibilities unless their children cannot make any choices by themselves anyway.
Every person is different in the world. They should have the right of making different career choices for themselves when they're old and matured enough. But, society and parents don't always understand the fact. For the most part, they require their children to choose one of those common high class jobs like being a doctor, engineer or professor. But, some people can have different ambitions too. However in most cases their desires used to be given zero attention
Doing an unwanted job may last to life long pain. Because, they mostly regret and people who hate their job can also become less successful than others at the field because only those people can get success every time who do the work with love and care.
So, avoid making career choices based on the thoughts of other people. You may take helpful suggestions from them. But, listen to yourself first and then take the final decisions.
3. Being too scared of failure while doing something:
Failure is one of the biggest fear to many. According to science, estimated 80% people in the world are afraid of failures and even than their death.
Believe me, failures are everywhere. This is the same from everyone from younger to the older. Have you ever noticed that before a baby finally learns how to walk, he falls for minimum 1000+ times but every time he falls, he wakes up again and tries to walk. Being scared of failure won't get you anywhere. So, learn to face failures and then you will get over it as well.
4. Taking advice from unsuccessful and negative people:
There will be always some negative people around you who just knows how to demotivate others. Taking advice from those people will only drain your energy and will waste your time. Moreover, taking feedback or any type of suggestions from the wrong people may also affect your attitude and the way you think.
Negativity is like a virus. Staying with the toxic people for too long may decrease your credibility and can also ruin your motivation. That's why you should be always aware of them.
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5. Not trying new side hustles:
Having some side hustles or passive income sources may take you one step forward to the road of being rich. Passive income comprises of earnings which are derived via a rental property, limited partnership, or any other enterprise in which any individual is not involved in active participation. ... Passive income requires little to no effort in order to earn and maintain.
On of the biggest advantage you can get get out of trying new side hustles is it enables businesses to build their wealth and improve cash flow,
leading to increased financial stability and security. In effect,
passive income increases bottom line profits, saves time and expands a
business's reach. Even you can also get other advantages out of it. To illustrate, these sources may save your valuable time, can reduce your stress and worry and can help you to pursue your passion. Most importantly, you get the opportunity to become the boss of your own.
Many people in the world abandon to try new side hustles because of their beliefs that a 9-5 job is everything. Some they just can do anything else for getting stuck in their busy life and mostly they actually don't pay any attention at all. And at the end those people just regret and think that they could have earned more money. Even if you're not interested in side hustles or having several passive income sources, but you should always give it a try.
6. Assuming rich people just got lucky:
When you look at the high profiled people on social media, or when you look at their happy lifestyle, then it's always easy to feel how lucky they are since you never get to know their struggles. But, the fact is only 0.001 of any success depends on luck. Even only the silly people believe that luck is something special and plays a great role but the successful one have never dependent on luck.
So, no one is born lucky ever. If you want to have a good luck, then you need to create it by yourself.
7. Regretting for not having any special talent:
In may cultures, people believe that only those people who are god gifted or those who were born with any special skills are the only one who can become successful in their life.
Well, to be honest in some cases some people are really god gifted. As a result, they get success sometimes at an earlier age and even some of them get success when they're only a child. But it never means that you need to regret if you were not born with any natural talent.
I mean, even though only some fewer children have the unusual power but at least we all have the common ability to do whatever we wish and work hard for. So, if you regret for not having any natural talent, then I am here to inspire you since I am also one of those people who are trying to build their skills by themselves.
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8. Thinking that more money is a curse :
You may be wondering that who can ever consider money as a curse? Well, it's a generational thought. Many people in the world believe that "the more money you have, the less happier you are. Because, having much money may create sadness, anxiety and the desire of having more." That's why they also teach the next generations the same thing.
Well, do you think that all these things are true? No way! This is only true for those people who think that money is the everything in life. Otherwise there is no point of considering money as a curse. It's only a myth and nothing else.
9. Spending more than earning:
At this point, now you may ask me that why anyone would spend even more than they earn? To make it clear, in this time when people are so obsessed with saving money, then why anyone would think of doing the foolish work?
Well, not some but many people used to hold a wrong idea about the spending and earning process. They think that when people spend more than they could afford, then they will tend to earn more and thus how they will get rich. But the fact is in most cases the idea doesn't work.
It just creates stresses and also an unknown fear about the future and slowly will push you to be in debt. I am talking about this because nowadays the idea has started being trending. By practicing the trend, you may feel less stressed while spending money but you will feel 1000 times more stressed while thinking about future.
I am not saying you to get obsessed with saving. Just be careful where you spend it and how you spend it and if it's really worth it. Because, at the end of the day you need to remember that money doesn't grow in tress.
10. Being with extravagant friends:
There will be always some friends around you who will be kind of extravagant. They will always pretend to be rich but will never invest a single penny in anything and on the other hand, will waste your money carelessly.
These type of people actually don't understand the real need of money and obviously kind of immature. You will never be able to be in a good financial position unless you cut off those immature friends from your life.
Though, it's never easy to cut off someone from life specially when they were so close to your heart, in that case you can discuss the problem with them so that they can understand. But if they don't, then by keeping those people in your life, you will just choice to harm yourself.
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Overview of all the points in short:
1. Believing that a 9-5 job is everything in life.
2. Making career choices based on society and parents.
3. Being too scared of failure while doing something.
4. Taking advice from unsuccessful and negative people.
5. Not trying new side hustles.
6. Assuming rich people just got lucky.
7. Regretting for not having any special talent.
8. Thinking that more money is a curse.
9. Spending more than earning.
10. Being with extravagant friends.
My final thoughts: Most of the people in the world only talk about how to become a rich person or a millionaire and even they also talk about this to other people in their real life. I think while giving the suggestions, they should also remind others about these toxic habits that must be ignored to become rich. These habits were only a few but there many toxic habits like this being practiced by millions of people in the world everyday. Even it really hurts when people suggest their next generations to do the same things. Only the wise people know how to handle these. That's why after everything, "Rich and wise people keep being richer and poor people keep being poorer".
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Don't forget to leave a comment about your thoughts regarding the article.
Oh gosh, I have known people who spend more than they earn. Then they always whine about being broke. Well, duh!
ReplyDeleteBeing too scared of failure is one of the biggest I've seen before. You may fail, but you learn lessons from that failure. Don't be afraid to fail. Be afraid NOT to fail.
ReplyDeleteThe spending more than you earn is a tough one for most. I have learned to do the opposite and it feels good to pay cash for my next car.
ReplyDeleteThis post is really informative, thanks for sharing this information.
ReplyDeleteI definitely never thought more money brings more problems. I wish I had more money so I could help a good friend of mine get out of her medical debt. So I'd love to be rich!
ReplyDeleteThis is a really great post! All of these are so true, I especially love #3 and #6. So important!
ReplyDelete#9 is the most important one for me. Live within your means so you can live like no other later!
ReplyDeleteI've totally agreed with everything cited here. These are definitely things that will not get anybody rich or successful in this life. We must get the opposite side or mindset of everything listed here.
ReplyDeleteYour post is very informative. I don't think many people think about these toxic habits are hindering them from becoming more successful monetary wise.
ReplyDeleteThese are definitely things I can agree on. I think this is a wonderful and very important post.
ReplyDeleteIt is so important to spend less than you make and put some money away for a rainy day.
ReplyDeleteI agree #9 is important, wished I had learned that earlier in life
ReplyDeleteIt was nice to read about these toxic habits. I need to remember to avoid them!
ReplyDeleteWe always make sure to save some for the rainy days. Although I must admit, we do spend a little more during the holidays. -LYNNDEE
ReplyDeleteThere are so many toxic habits that really hold us back in all walks of life. It is good to know what works for getting ahead.
ReplyDelete#7 is so important! If you spend all your time regretting what you don't have instead of focusing on what you do have, you're never going to get far.
ReplyDeleteSuch great tips! I like the one to avoid the 9-5; I was caught in that trap for far too long! Also, fear of failure is a big one too. I like to call it "failing forward" - you can't learn, grow and succeed without failures to direct you. Great post!
ReplyDeleteOwning my own business has its own set or rules. Yes a 9 to 5 isn't the greatest but you also have to find the boundaries to not be working ALL the time when you are the boss. It's always about finding balance.
ReplyDeleteIt's numbers 2 and 3 that get me every time!
ReplyDelete