Three Money Mistakes That Are Holding You Back

We all know mistakes are part of life. But it doesn’t make it any easier when we find out we’ve made one—especially when it comes to money. For many of us, these Money Mistakes have painful consequences. But with a little bit of knowledge, you can avoid making them altogether.

If you’re a member, you’ve already taken a huge step forward in your journey to reach Financial Freedom. And you should recognize the mistakes we’re going to talk about today as issues you confronted and changed.

But if you’re not yet a member of you’re probably making at least one of these mistakes!

Money Mistake #1: Not Paying Your Future Self First

What’s the action the 4% takes that the 96% usually doesn’t?

Simple. They Pay Themselves First! More specifically, they pay their future selves consistently and before any other bills. The 4% know that even if the amounts are small in the beginning, the deposits will grow over time and gain momentum to fuel their Freedom Generator.

The 96% make the mistake of not Paying Themselves First. They plan to pay themselves after they’ve paid everyone else first. But the amount that is usually left over? Zero.

Don’t fall into the trap of the 96%. Pay Yourself First consistently and before you pay anyone else. Your future self will thank you.

Money Mistake #2: Not Planning For Future Expenses

There are 2 comments

  • GITA on September 29, 2017 at 8:51 am

    I had 4 questions. I’m still waiting for the answers

  • GITA on September 29, 2017 at 1:14 pm

    My biggest mistake was to learn from scammers, who sold products that didn’t work when I put them to the test. It was mainly foreclosures & REOs. I had decided to do real-estate investing, which I knew nothing about, & hated, instead of investing in my business, which I loved & was excellent at.

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