“Work hard and you’ll become successful.” How many of us have heard that advice and followed it hoping that it’d work? You work overtime and you put in extra hours to get some extra cash. You’re tired and stressed from working hard day after day, yet nothing seems to change. “Why am I not successful yet” you ask? While hard work and serious effort is indeed important, reality is far more complex. Here are seven reasons why you still haven’t made it.
Learning new things every day is one of the best habits you can ever develop, and the quickest way to do that is by reading and learning from the lives and experiences of others. If you’re looking for some good nonfiction books to read next, then check out our list here for some ideas!
*This article contains affiliate links.
Sometimes, simply imagining possibilities can show you opportunities that you’ve simply never noticed. Are you stuck in a rut? Do you want more income to cover all your bills, debts, and other expenses? Do you want to just branch off and do something different from the 9-5 rush, even if it’s only for the weekends? Try brainstorming for small business ideas and other ways to earn more income. You’re sure to find opportunities for making money on the side once you start searching for possibilities, so why don’t you start here for a little inspiration?
*Take note: These are ideas I got from a Monday morning brainstorming session. Just imagine the things you can think of on your own or with your friends when you have more time.
“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” – Charles Dickens
Can you save a sinking ship if you don’t know where the leak is? Can you save money if you don’t know how it all disappears? One of the best and simplest ways to cut expenses is to record where your money goes and THEN reduce wasteful spending. After that, compare your expenses with your income and slowly lower it until you make far more than what you spend.
Personally, I’ve found that a simpler version of Vicki Robin and Joe Dominguez’ technique from “Your Money or Your Life” works best, and I’ll show you how to use it here.
*By the way, you can either create your own file, or you can use the free template that I’ll share with you later. I’ve personally used it since 2009.
“Why should we work hard when you’ll give us free stuff anyway?” Buckle down for a moment as this might be a painful lesson if you’re already financially successful (or on the way there). Even though wealth and financial success allows you to help others (family, friends, and beggars) more easily, too much of it can backfire. Instead of giving them wings to fly, you might make them dependent on your handouts.
“In general, I am opposed to giveaways and handouts. They take away initiative and responsibility from people. If people know that things can be received ‘free,’ they tend to spend their energy and skill chasing the ‘free’ things rather than using the same energy and skill to accomplish things on their own. Handouts encourage dependence rather than self-help and self-confidence.” – Muhammad Yunus, Creating a World Without Poverty