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Why You Are Not Rich Yet?
By siliconindia
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Friday, 07 October 2011, 23:50 IST
Bangalore:It is a human tendency that wants to be rich, but most of them, who earn good money, do not find themselves as rich, and don't spend generously. They are stuck to their financial habits of spending.
Many of us, who dream to be rich, cannot reach it, even if we earn good sum of money. The reasons for this may be that some don't have the habit of budgeting; some don't have medical insurances etc. So like this, in spite of all these flaws, we think of becoming rich and lead a lavish life.
Before dreaming of being rich, pay attention to the following mistakes that may block your way to that status.
1.Improper Budgeting:
If you fail to budget your spending, it will lead to overspending. So budgeting will help you avoid spending too much money and it also helps you set specific amounts that you can spend on bills, your everyday expenditure. But be flexible while budgeting.
