4 Views· 27 August 2022
15 Money Habits That Keep You Poor
15 Money Habits That Keep You Poor ( Stop doing these immediately!)
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Video Notes: https://www.alux.com/money-habits-poor/
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In this Alux.com video we will be answering the following questions:
What habits keep you poor?
What are some bad money habits that keep you poor and in debt?
What are the things people do that keep them poor?
What money habits will only make you poor?
What are some habits that separate the rich from the poor?
What are some bad habits that have made people poor?
What are some bad money habits that you need to fix if you want to be rich?
What are some money habits you need to break?
What are the money habits that keep you poor and how to stop self-sabotage?
Simple money habits to fix if you want to stop being poor?
What are the most important money habits that will change your life?
What are the worst financial habits?
00:00 - Intro
00:37 - Taking bad money advice from poor people
02:10 - Gambling & Lottery: Luck isn’t a strategy
03:08 - Spending money on things that you WANT but don’t NEED
04:01 - Not knowing how much money you spent last week, month and year
05:10 - Spending money you don’t have on things you can’t afford anyway
06:19 - Trying to keep up appearances
07:32 - Having only 1 source of income
09:00 - Wasting money and time (usually on entertainment)
10:01 - Going YOLO: Thinking short term vs Long term
11:15 - Not learning how to invest & Being afraid to change
13:01 - Spending first and then hoping there’s something left to save or invest when you’re done
14:26 - Paying too much in taxes
15:07 - Unhealthy lifestyle
15:58 - Wanting money to be easy and fast
17:28 - Staying poor is a choice
18:36 - Question
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