If you're tired of seeing your bank account balance go down, it's time to figure out why that keeps happening. “Why am I broke?” If you ponder this question on a monthly basis, you are not alone. With sustained inflation eroding wage gains, the proportion of Americans living paycheck to paycheck has risen to a near-historic high of 63%.
The reality is that many people will never achieve their financial goals, but not because they can't. Anyone with the correct mindset and behaviors can do it. However, many unintentionally behave in ways that hurt their finances. Building wealth requires hard work, preparation, consistency, discipline, accountability, and solid money management, regardless of your financial condition or income.
In this week’s episode of The Free Retiree Show, wealth manager, Lee Michael Murphy, outlined 10 common money problems that keep people broke. Consider these possible reasons for your financial difficulties and evaluate what you can do to improve your situation.
What you’ll learn in this episode:
The Real Estate Market in 2023: To Buy or Not to Buy?
Important Work Places Trends for 2023 w/Sergio Patterson
Steps to Become a Successful Investor in 2023
2008 Financial Crisis vs 2022 Economic Downturn: Understanding the Similarities and Differences
The Art of Career Cushioning: How to Obtain More Job Opportunities and Job Security w/Sergio Patterson
The Importance of having a Positive Perception on Wealth w/Ron Malhotra
Why People Fail to Achieve their Goals w/Michael Mints
Proactive Career Moves to Overcome Layoffs & Job Loss w/Sergio Patterson
Avoiding Crypto and Financial Scams w/ Erica Standford
Eliminate Student Debt & Understanding the New Debt Forgiveness Ruling
The Secrets to Becoming a High Achiever w/Dr. Ruth Gotian
LinkedIn Profiles that Create Valuable Connections & Unlimited Opportunities w/Sergio Patterson
The Economic Outlook and Investment Strategies for 2023
The Secrets to Success in Venture Capital and Jumpstarting Your Career w/Grace Gong
How to Find Job Opportunities During an Economic Slow Down
Tips to Survive & Thrive in a Recession
Is the Economy Crashing? When Will the Real Estate and Stock Market Recover?
Become a Top Canidate by Utilizing the 5 Cs of Interviewing w/Sergio Patterson
What to Consider Before Getting Financial Advice on Social Media
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