30 Behaviors That Are Keeping You Poor

[arve url="https://www.youtube.com/watch?v=Kwr9xzaucPI" mode="lazyload" align="center" /] There are a bunch of behaviours that if you do them you will stay poor. They will keep you down in the dumps and keep you broke. Here are 30 behaviours that will keep you poor. 0:00 - Introduction 1:13 - #1: Do not look at your finances 2:31 - #2: Spend unconsciously 4:40 - #3: Focus on how things will make you happy 6:19 - #4: Have credit cards, car loans and personal loans 8:11 - #5: Increase your monthly subscriptions 10:03 - #6: Don't educate yourself 11:30 - #7: Have short term thinking 12:29 - #8: Assume everything will continue to get better financially 14:10 - #9: Blame other people for your financial problems 16:07 - #10: Don't have long term goals or plans 17:16 - #11: Don't invest 18:48 - #12: Make bad investment decisions 20:15 - #13: Buy lottery tickets 22:04 - #14: Only save what's left over 23:39 - #15: Buy things you don't need 25:21 - #16: Keep up with the fashion trends 26:35 - #17: Spend money you don't have 27.47 - #18: Buy everything brand new 28:28 - #19: Accumulate bad debt 29:58 - #20: As you earn more money increase your lifestyle 31:44 - #21: Keep your debt out of sight out of mind 34:04 - #22: Only look for problems in your life, not solutions 35:13 - #23: Don't try to earn more money 36:28 - #24: Surround yourself with poor people 38:07 - #25: Try to save your way to financial freedom 39:23 - #26: Don't have a budget 41:23 - #27: Don't pay off the bad debt in your life 42:30 - #28: Believe rich people are evil 43:52 - #29: Try to impress people with your money 45:04 - #30: Have a scarcity mindset 46:39 - Summary Should You Pay Off Debt or Invest? - https://www.youtube.com/watch?v=eicozV3mK0k Cash flow calendar - https://www.youtube.com/watch?v=OzJWgFvJ5AI Recommended Videos: 10 Things We Have Cut From our Budget - https://www.youtube.com/watch?v=eX5DoSRFjN4 How I'm paying off my debt - https://www.youtube.com/watch?v=TPuX7B6BPFY Transcription: Ryan 0:00there are a bunch of behaviors that if you do them you are more likely to stay poor these behaviors keep you down in the dumps they keep you broke and they stop you from moving towards your financial goals towards financial freedom towards building wealth and i myself have been guilty of many of these behaviors in the past and even some of them now so in today's episode we're going to look at 30 different behaviors that are keeping you poor hi i'm ryan from onproperty com au helping you achieve financial freedom and what i want you to do is as we go through this list i want you to think about does this apply to your life are you implementing this behavior is this behavior keeping you poor and do you need to shed this behavior in order to move towards financial freedom now some of you listening may have a whole bunch of these behaviors in your life some of you may only have one of these behaviors so it's up to you to determine which ones of these apply to you and then to systematically work on removing those behaviors from your life and replacing them with behaviors that are actually going to make you wealthy so without further ado let's get into it behavior number one do not look at your finances do not track your finances do not pay attention to how much money is left in your bank account just put your head in the sand close your eyes tap your card and just hope that there's enough money in your bank account to go through so rather than actually thinking about things rather than actually maintaining your focus on your finances seeing how much you've spent for the way just simply don't track your finances at all if you want to stay poor because if you don't track your finances what's going to happen is you're not going to know where you're at financially you're not going to have a plan at all you're not going to have any any goals that you're moving towards you're just kind of hoping that everything's gonna work out and when it comes to finances hoping that things are gonna work out they generally don't if you want to be wealthy you have to be diligent about it you have to be disciplined and you have to actually work towards something so if you're not keeping track of your finances that's going to keep you broke because you're not staying focused on a goal focused on a plan and that's going to lead you to make decisions that aren't in your best long term financial interest and that leads us to point number two if you want to stay poor spend on consciously so rather than thinking about your purchases and what's going to get you the best bang for your buck and how you can be money conscious just go out there and just live unconsciously and spend unconsciously i don't mean be asleep and be buying things on the internet while you're actually unconscious an example in my life of where i used to do this and i still do it on occasion is that we would go out in the morning with the kids and we would go to a cafe for coffee now as you know i love my coffee coffee is you know $5 each so me and my then wife kelly we bought two coffees 10 bucks okay not that big a deal for a nice morning out but what we would do is we would just head out not have thought about food or anything like that go to a cafe end up buying coffees for ourselves drinks for the kids treats for the kids food for ourselves and then all of a sudden you're in a nice cafe buying other smash and all of this sort of stuff gluten free cupcakes and they're going to 60 or $70 in a morning now was that a great experience it was it was okay but if you've got kids you know what it's like having young kids in a cafe and having three young kids in a cafe not the best experience quite stressful so okay for that 60 or $70 we got some food in our stomachs but could we have achieved that anyway got food now stomachs that we made ourselves and maybe 10 or $20 and then use the rest of that 50 or $60 to go out and have do something amazing take the kids out on an event go on a picnic you know there's so many other things that you could do with that money to get a better experience so living unconsciously is just going out and just spending not really thinking about what you're spending your money on and if you do this you'll find that you spend your money on things that don't actually give you much bang for your buck they actually add much quality to your life and they're more expensive than what you would if you were living consciously in thinking about your money would pay so that is going to keep you poor if you're spending unconsciously number three focus on how things will make you happy so rather than looking internally rather than learning about self development and becoming happier and more grateful in your life rather than living a life of abundance having great relationships instead focus on how things are going to make you happy focus on what you don't have in your life and how that's tearing you apart and making you happy and how good you're going to feel when you buy that new couch those new clothes that new playstation that new tv whatever it may be those things are going to make you happy look no they're not okay if you're focusing on your life that things are going to make you happy they're really not okay things yes purchasing things can be a great experience but overall what i've found in my life is that i've become a lot happier when i stopped focusing on things my computer is from 2013 and while it's a great computer and while i would love the brand new imac from this year it works just fine okay it does the job that i needed to do and instead i focus on making finding happiness in my relationships finding happiness in my family finding happiness in the time that i spend with people as well as finding happiness in and of myself in the filament fulfilling career and business that i have so focusing on how things will make you happy is going to keep you poor because you need to constantly spend in order to buy things to keep that happiness level up because as soon as you start buying things your stuff gets out of date you're not going to be happy anymore number four have credit cards car loans and personal loans in your life look if you are managing your money well unless you're in a situation where you are extremely good at managing money and credit cards really serve you you don't really need credit cards in your life and they're going to keep you poor credit cards car loans personal loans are all going to keep you poor there's some rare exceptions to that rule where you need to purchase a car in order to get a job that's a higher paying career but in most circumstances living off cash buying things with cash is going to put you ahead financially much more than getting loans and getting what's i guess called bad debt so i've always been against car loans in my life that's one thing that i think i've been good at is that we've always purchased cars with cash that we could afford so my car is a 2600 jazz that cost us $6,000 about three years ago now that is still going strong today how much longer that will last i'm not sure but when it comes down to buying a new car probably going to spend around that five to $10,000 mark in order to purchase a car rather than getting a car loan to buy a brand new car that's going to be 40 or $50,000 and the same goes for credit cards i always limited the credit cards in my life to $1,000 limit we then raised that to $2,000 because when i first got married i think we had combined about 10 or $12,