These Psychological Traps Will Make You Poor In No Time

Photo by Jp Valery on Unsplash

We focus so much on the methods of getting rich that we ignore what’s making us poor. You are earning a stable income, you are trying to save every month but you don’t seem to get any richer. Rather you find it more and more difficult to save as each month progresses.

Here are a few psychological traps that so many people fall into and fuck their financial stability.

Making Purchases for Social Validation

There’s a famous saying in our culture. It goes like this — “Don’t overstretch your legs when you have a small blanket.”

You earn only a dollar, but you spend a dollar and a half taking loans, just to show off your mock-up luxurious lifestyle and you sit there and wonder what’s wrong? Never do that, nobody cares what you buy. People know it when you fake, it’s not sex to get away with fake orgasms, it’s society. They know it when your underwear is torn, no matter how costly your suit is.

Rich people are subtle with their purchases, they attract money, not eyes.

Fear or Greed-Driven Investments

The world is filled with emotional traps. Quick money (or) High ROI (Return on Investment) scams are never-ending. Always remember — NO SCHEME OR ASSET CAN EARN…