[E8] 3 Psychological Factors That Prevent Wealth Building

<p>This week, we’re going to discuss some of the psychological factors that prevent wealth building in the first place. </p><p>There are tons of different elements in play, but there are three that I believe are pervasive and destructive. </p><p>Identifying them is the first step.</p><p>Neutralizing them is the second step.</p><p>Replacing them with smarter habits is the final step.</p><p>In this episode, we’re going to expose three psychological inhibitors that hold many Americans back. </p><p><strong>Factor #1: Laziness</strong></p><p>It’s rare that someone just waltzes into wealth. The data proves that wealth building requires hard work, effort, and discipline.</p><p><strong>Factor #2: Impulsiveness</strong></p><p>Do you walk into a store and buy things you weren’t planning to purchase?</p><p>Does your Amazon shopping cart get bigger the longer you spend on the site?</p><p>Do you make major purchases without doing any research?</p><p>If you answered yes to any of these questions, you may have an impulsive personality. And even though impulsiveness can have positive qualities in other areas of life, it puts a strain on finances and prevents optimal wealth building.</p><p><strong>Factor #3: Scarcity Mentality</strong></p><p>If you look at people who are struggling financially, many of them have what's referred to as a "scarcity mentality."</p><p>The scarcity mentality is a pessimistic view of money. It sees the world’s money supply as one big tub of ice cream. Every time someone else makes a dollar, there’s one less scoop for you. And as more people find success, fewer people have the opportunity to build wealth.</p><p>Learn how to overcome these three BARRIERS and begin your path to financial success.</p><p>Visit </p><p><a href="https://www.moneymadegood.com/">MoneyMadeGood.com</a></p><p> and plug in your email address to receive our weekly “Health, Wealth, & Wisdom” content.</p>