Habits that can lead to your financial failure in 2024

[lixer]

Procrastination is probably the biggest thing, I just watched a YouTube video that tells me a lot about things like social media scrolling that would probably take a lot of hours in our life to the point where it is a huge hindrance to us in order to complete our task and goal. I just realized it back then that if I start to stop this kind of thing, that is limiting me from putting up my 100% into something I would probably make a huge amount of money right now, with the technology era right now we can already see a lot of people getting millions in just a short amount of time, with the help of technology they could easily do it if they just put there 100% on it.

I have a full-time job already but still I could probably do a side hustle as well online or sell something online in order to make a small profit, or make YouTube videos. if I'm going to think about it I can do that, but there was a lot of time wasted because of procrastination, in my opinion, it is the number one thing that is stopping us in reaching our goals, so we need to overcome that, especially on social media because that is probably where a lot of people is already imprisoned by there own phone, wasted so much time If I'm just going to think on what I can do on that 2hours and 24 minutes there where so much that could help me make a lot of money.

I have met many successful and unsuccessful people in my life, I asked them the reason for their success and failure. I would like to share the one answer that almost everyone gave. People who set a goal in life and work hard to achieve that goal never fail. This is the answer I often hear from both successful and unsuccessful people.

And it is my personal experience that those who set their goals right from school life and never give up in the face of any failures to achieve them are successful in life And those people never succeed who after one failure give up their goal and start doing something else when they fail they start looking for something else I have often seen these people fail in life.

And when we have nothing to do, we spend our precious time on YouTube and Facebook scrolling.

[TEBTC]

Staying in your comfort zone is the foundation upon which financial problem start allot of people don't like leaving where they are currently managing for bigger opportunities as such they become tied down to their merger wages

[Y3shot]

I think the fear of failure or the fear to lose is a big issue when you aim for financial success in the future. It’s hard to see and gain profits without losing in the first place, as most those who are in the peak of success these days have experienced losing a lot before.

Having the fear to failure will certainly put limits to your own potentials to succeed in the future. So do not keep with this kind of mindset because that will obviously won’t help you in the long run.

Before you get elevated in life it will surely cost you and some people are not willing to pay some price to increase financially in life. Some people just believe they must grow to achieve upliftment without spending anything.  Their are lot of skills to learn out there that will just cost little money but some people find it so difficult to go for it because it will cost money.  It is only ignorance that one can get for free , as far as you want to get something of value it must surely cost you .

People who have acquire good financial success,  they didn't just get it by folding their hand doing nothing.  They worked for it , which cost them to even lose money.  

[indah rezqi]

You have conquer 2023 with it's many challenges to to your financial status.

Here comes 2024, a year with a lot of excellent promises.
Your financial success this year is of outmost important particularly since we a re approaching the bull period in the crypto space.

The habit listed below may hider your financial  growth this year
,👉Fear of leaving your comfort zone
👉Fear of failure
👉Looking for easy means to gather wealth
👉Wasting your precious time on things that are not necessary
👉Self indiscipline
👉Procrastination


You can add your point so that others can learn

I might add a few things that might also be obstacles for someone to become more advanced in this year, namely 2024 and the following years, namely.
- Those who are impatient and always hasty in making decisions
- Those who do not want to deepen their insight and feel that they are sufficient with the insight they currently have.
- Those who don't like building relationships, even though it is important in business development.

And everyone here can add the rest, and it seems like many important points have also been written by other users here.

I think the points above cover everything you need to know as a basis for avoiding financial failure, the rest depends on how someone takes wisdom from the points above. On the other hand, personally, I will sharpen my calculations in taking advantage of existing opportunities, so that I am lucky when taking action. To be honest, it is very difficult to be consistent, patient and persistent and focused on the goal of building stable finances, especially in the current era where everything is very dependent on social media. It is true that the encouragement of social media interactions makes us often neglect to continue learning, so deciding to leave it is the right decision.

Apart from that, it must be acknowledged that hanging out with more experienced people can increase our insight, discussing with them and absorbing knowledge from them can cut down on study time. In any business, learning from other people experiences is one way to minimize failure, especially if we are involved and investing in the world of Crypto. Of course everything will go as expected if we keep going, the most important thing is to keep learning.

[Ludmilla_rose1995]

What you say is very true, it is not a good choice to listen to influencers on social media when it comes to finances, we must be able to manage our own finances and never use money for things we don't really need if we want to have financial problems.

There's nothing wrong with watching financial advice from an influencer on YouTube or any social media as long as the advice they share can make you enthusiastic about managing your finances well

In achieving financial freedom there are different ways to be financially successful, as you said there are those who have to work hard to achieve financial success and there are even some people who work casually but have different results from people who work hard, indeed It would be better for us to have a way of managing our finances that is truly appropriate to what we need and not spend the income we have on things we don't need.

Many people fail to achieve financial freedom because they live very wastefully and don't have a good direction in managing money, they even seem to live a hedonistic life without thinking about how to get more money next. Even though it's not an easy matter, learning to manage money well is one thing what must be done in this era

[Egii Nna]

What you say is very true, it is not a good choice to listen to influencers on social media when it comes to finances, we must be able to manage our own finances and never use money for things we don't really need if we want to have financial problems.

There's nothing wrong with watching financial advice from an influencer on YouTube or any social media as long as the advice they share can make you enthusiastic about managing your finances well

It is sometimes useful, but not all the time, because believing in all these online influencers can make you jump to the wrong conclusion. It might help some time, but most of them are not for real; they are just doing it for the sake of followers and likes in order for them to get paid, so you are not expected to always take advice from them because it might be dangerous to you, especially financial advice.

In achieving financial freedom there are different ways to be financially successful, as you said there are those who have to work hard to achieve financial success and there are even some people who work casually but have different results from people who work hard, indeed It would be better for us to have a way of managing our finances that is truly appropriate to what we need and not spend the income we have on things we don't need.

Many people fail to achieve financial freedom because they live very wastefully and don't have a good direction in managing money, they even seem to live a hedonistic life without thinking about how to get more money next. Even though it's not an easy matter, learning to manage money well is one thing what must be done in this era

That is the main issue of most people's lack of financial management, and I am sure people need to have knowledge on that because there are some that will have a nice plan to use their money, but as they get the money, their plans about that money will change, and all this happens as a result of poor management in finance. which are some procedures to follow in order to see the end of poor financial management, and actually people need to know about it because it is very important due to the situation around the globe.

[Distinctin]

Staying in your comfort zone is the foundation upon which financial problem start allot of people don't like leaving where they are currently managing for bigger opportunities as such they become tied down to their merger wages

Its not wrong to stay in your comfort zone if you see bigger potentials for financial success in the future, but if it would mean staying in your comfort zone because you have fears in starting in a new one, that would mean you will continue to suffer from living with financial failure forever.

Don’t be tied to your fears but instead, learn to overcome them as much as possible. Although that could be hard at the beginning, but eventually you will learn to take control of it and be successful on your goal.

[barisbilgili]

Staying in your comfort zone is the foundation upon which financial problem start allot of people don't like leaving where they are currently managing for bigger opportunities as such they become tied down to their merger wages

Its not wrong to stay in your comfort zone if you see bigger potentials for financial success in the future, but if it would mean staying in your comfort zone because you have fears in starting in a new one, that would mean you will continue to suffer from living with financial failure forever.

Don’t be tied to your fears but instead, learn to overcome them as much as possible. Although that could be hard at the beginning, but eventually you will learn to take control of it and be successful on your goal.

Staying in the comfort zone will make us not grow forever, the comfort zone gives us the comfort of the pleasure of suffering in paying for ourselves, we should know that the comfort zone will make us sink as long as we don't walk looking for a way to get out of the zone , everyone has a target to live with money or a target that they want to achieve If they want to live with a good financial target or then we will not achieve it by living in a comfort zone.
But it's all definitely difficult, there are definitely challenges, but if we have high confidence and desire, something will work out by itself. It's better to walk with difficulty to achieve what we want than to stay with the word comfort zone which will make us sink or be kicked out forever. .

[Churchillvv]

Everything mentioned here by OP is very important to let go in order to stand out in your finances this year but the question remains how practical are this things.

It's not just about saying them, can you keep up with what have been listed here. It takes a very dedicated person to follow this rules and be successful. There are times where your patience will be tempted to the extent of giving up but if you consistently get comfortable with being uncomfortable then you will succeed and let's also not forget the fact that time rules everything you can do all things yet it's not your time and nothing will fall in place for you it's very simple.

Upgrade yourself, stay committed and be disciplined in your day to day activities, follow the said instructions, let go of all listed by OP and then wait for your time while working it work gradually.