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Why People Fail To Achieve Financial Freedom

As 21st Century Academy founder Jamie McIntyre noted, there are vast differences among the people who get rich.  Some are born in absolute poverty and become millionaires by their early twenties; others are born with all the advantages and manage to squander every opportunity.  And yet there are still others who live the average life of the working, struggling middle class and eventually find their way to financial success in their middle or later years.

To look at such a diverse group, one might think it impossible to find any similarity at all.  The truth is, however, that there is a lot of similarity between not only those who succeed to create wealth and achieve financial freedom, but also among those who fail.

We can learn from this type of study.  If we can recognize why people fail, we can take action in our own lives to turn the tide of our financial future.  We can rise above the reasons why people fail financially and still learn to create wealth of our own.

Why People Fail At Wealth Creation

It might be surprising that the reasons why people fail to make money and achieve financial wealth can be reduced down to just two.

  • Denial

Though many are not aware, and many more will not want to admit it, the majority of people are living in denial of money.  Can that even be so?  Consider this—how often do people say that they have no interest in money; that money isn’t everything; that they do not need money to be happy?

Yet, that same person spends the best years of his or her life—all the years of his or her life in many cases—waking up and going to work in search of more and more money.  They are on a constant quest for something they supposedly don’t even want.  It hardly makes sense.

It doesn’t make sense because there is no truth in it.  We all want money.  We all want comfort.  We all need money to live. 

  • Blame and Excuses

Accountability is not big in modern society today.  No one is to blame for their own plight—including his or her personal financial situation.

The people who fail to create wealth have lists and lists of excuses for not making money and plenty of people and circumstances to blame for their current situation.  And always, someone else or something else is to blame in whole or in part.  Always, something has taken financial control out of the hands of those people.

Overcoming Failure

Is there a solution then?  Can the average man or woman, stuck in a cycle of denial, blame and excuses, salvage his or her personal financial situation and still build wealth?  Still achieve a life of financial freedom?

For certain, that man, that woman, can.  Three things make it possible:

  • Gratitude
  • Accountability
  • Action

 

A man or a woman who can step back, be thankful for that which he or she has (and we all have something!), take responsibility for his or her own financial situation, and then take action to change it, can indeed create wealth—at any age!

Wealth creation is a real possibility for anyone; anyone, that is, with the willingness to learn and to grow, to stop living in denial of their interest in money, and start living a life of thanks, accountability, and wealth creation action.

 

About the author:

Sean Rasmussen is the webmaster and founder of Universal Wealth Creation.

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These stockmarket & business articles have been supplied in the interest of Universal Wealth Creation visitors who want to expand their knowledge in the wealth creation & investment fields such as the courses offered by Jamie McIntyre. 

Other sites we recommend here at Universal Wealth Creation are: 21st Century Academy with Jamie McIntyre, Universal Trading Solutions which promotes great wealth creators like: Kim Reilly, Simon Martin, Justin Beeton, Louise Bedford, John Kaye, Daniel Kertcher & more. They run great wealth seminars across the country. 

Additional speakers that appear at 21st Century Academy seminars are options & CFD gurus Nik Halik and Daniel Kertcher, motivational speakers Justin Herald and Tony Christiansen, Property investors Jason McGuiness, Rick Otton, Mark Rolton and Warren Borsje, Tax structure sprecialist Leigh Barker, Internet marketers Jenny Armato and Tom Hua, Trading Diary masters Bill Stacy and Andrew Dimitri from Planet Wealth, Kinetic Securities stockbroker Angus Knight and JB Global broker Justin Beeton, & Traders International and Eminis Global specialist Peter Elsworth.

To mention a great option book I highly recommend: Options by Renting Shares. Another great trading author is Louise Bedford who is particulary good at candlestick charting.

Meanwhile, there is a great opportunity to learn about the stock market through reading these kind of articles. Learn about share trading, options, futures, CFD's, derivatives, warrants, indices & more in the stock market. You will also learn plenty about business & finance through authors opinions in the marketplace.  Enjoy your journey towards financial freedom.