Podcasts Business Investing Money Guy Show Are You On the Road to Wealth and Independence?

Are You On the Road to Wealth and Independence?

Published: July 13, 2007, 4:43 p.m.

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I\\u2019m a straight talker, so please don\\u2019t hate me for a harsh, but true statement: when people are falling short of their financial goals, it\\u2019s almost always because of their own actions and decisions.

Examples:

  • Putting off investing in your Roth IRA or maximizing your 401k at work (\\u201cI need the extra money to fake success for my friends and family\\u201d)
  • Hating your boss and job, but doing nothing to change your situation (\\u201cI\\u2019m scared to try something new and the interviewing process for a new job is stressful\\u201d)
  • Putting off the dream of being self employed (\\u201cWhere will I get clients from and how do I get started?\\u201d)
  • Renting your life and not having an ownership mentality (\\u201cI really like my low rent payments and driving a flashy car\\u201d)
  • Taking foolish risks (\\u201cThey\\u2019ll figure out Social Security\\u2019s problems by the time I retire\\u201d)

THE SECRET TO SUCCESS IS THROUGH DEFERRED GRATIFICATION AND TAKING THE ROAD LESS TRAVELED

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For more information, visit the show notes at http://www.moneyguy.com/2007/07/are-you-on-the-road-to-wealth-and-independence

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