Friday, October 13, 2017

Avoid These 9 Traps to Become a Millionaire

For most people, becoming a millionaire (or a 'crorepati') is a pipe dream. It is never going to happen. Costs are increasing. Earnings aren't growing enough. Taxes are too high. So on, and so forth.

The real reason may be that most people never really want to become a millionaire. Warren Buffett said: "I always knew I was going to be rich. I don't think I ever doubted it for a minute."

To become rich, wishing and dreaming are never enough. You need to have a plan, and then work diligently to make a success of that plan. You also need to have a positive attitude - about life and about money.

In a recent article in investopedia.com, David Rae explained the nine most common reasons which prevent someone from becoming rich. Read the article here

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