Why people fail to become financially successful.

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There are many reasons why people fail in their financial plan. Let's check up the lists to see if there is any pointers which you find them familiar.

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Why people fail to become financially successful.

  1. 1. Optimi Ź e Assèts @ 7capitalist 1
  2. 2. Why People Fail to become financially successful 2
  3. 3. Disclaimers Experience is something very personal and cannot be taught. It teaches only to the the teachable. Hence the teachable is able to shorten their learning curve. 3
  4. 4. 1 No Plan 4
  5. 5. 2 Procrastinate there's always tomorrow 5
  6. 6. 3 Ignore the impact of inflation 6
  7. 7. 4 Taxes Pay too much 7
  8. 8. 5 Poor investment choices 8
  9. 9. 6 No measurable Goals 9
  10. 10. 7 Make financial decisions without understanding the implications 10
  11. 11. 8 Neglect periodic review of financial plan 11
  12. 12. 9 Adopt quick financial fix at the expense of long term goal 12
  13. 13. 10 Unrealistic expectations on investment returns 13
  14. 14. 11 Think Finanical Planning is only for the wealthy or the elderly 14
  15. 15. 12 Confuse financial planning with investing or tax planning 15
  16. 16. 13 Wait until money crisis to begin financial planning 16
  17. 17. 14 Think using a financial planner means losing control 17
  18. 18. Thank you www.7capitalist.com 18

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