
16. Not Saving Money
It’s impossible to become rich if you spend all the money you make. A lot of people say that it’s impossible for them to save money, because they don’t make enough to put anything away. This is a very real problem that some people have. However, you have the choice to change your career if your current job doesn’t give you enough to save. Trust me- This advice isn’t given lightly. I’ve done this myself. For eight years, I worked for a company that wasn’t paying me enough to cover basic living expenses, let alone save for the future.

I stayed with that company for so many years out of loyalty. But I wanted more out of life. I realized that if my boss doesn’t respect me enough to give me full-time benefits, then I shouldn’t be giving my loyalty to him. So, in 2016, I left the company and pursued my own online businesses. I was finally able to set up multiple income streams, get my debt under control, and save as much money as I could. Then, the 2020 crisis happened. My savings are enough to cover my expenses even if I stopped working completely.