10 BAD FINANCIAL HABITS THAT KEEP YOU POOR

What are the bad financial habits that keep you poor? Well, not exactly poor; it does not allow you to break out of being middle class. Let me look at a few of the things that I have observed:

- PV SUBRAMANYAM

• Having no financial goals — when there is no goal for which you are saving or investing, chances are you will not save or invest! It is really important to have goals — whether in health or wealth. The rich and those really wanting to reach there have clear goals.

• Paying yourself last — when you earn money on a regular basis (mostly monthly), if you first spend on your needs and luxuries, you will never have enough investments. The rich stick to the principle of ‘Pay yourself first’ — first pay and allocate the money for all your goals, and thus you will have savings.