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The 4 Money Traps Stopping You From Getting Rich

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Karson Gaule

The 4 money traps stopping you from getting rich.
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There are hundreds of books written every year on the topic of “wealth creation”; all of them have their own unique spin on how to become rich. They cover everything from “how to set goals”, to the “correct way to think”, to some more controversial ideas like “manifesting your desire for money into existence”. Most of it is just a distraction from what really matters. Let’s not complicate things, when you take a look at how to build wealth from the highest level, it's quite simple.

It comes down to how much money you make, and what you then do with that money. Focusing on these components is how you really build wealth, but there are plenty of mistakes to be made along the way. I like to call these money traps, and if you fall into them, they can really hinder your progress when trying to build wealth. But if you can avoid falling into the traps that I’m going to sharing with you today, then I promise you will be well on your way to financial success.

Topics Covered:
Personal finance, how to save money, how to become a millionaire, retirement planning, middle class money traps, index funds, bad money habits, how to create wealth, how to be rich, how to make money, financial mistakes, investing in stocks, investing for beginners.


DISCLAIMER: Some of the links on this page are affiliate links. I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.

Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

posted by SuefsSeeltHeRpt