Ending Soon! Save 33% on All Access

3 Reasons Why You'll Never Become Wealthy These three common money mistakes keep people from reaching their financial goals.

By Jack Canfield

Opinions expressed by Entrepreneur contributors are their own.

Many people expect to become wealthy because of a big break -- perhaps they'll win the lottery, or sell a book, or get a huge promotion at work. But, if those breaks fall through, these people often fail to achieve the sort of financial success they expected.

In this video, Entrepreneur Network partner Jack Canfield identifies three primary reasons why people fail to become wealthy. By avoiding these three things, you give yourself a great chance at forging the sort of financial life you want.

Canfield's first reason is that you have negative ideas about money. Does the idea of money stress you out, because you think of unpaid bills or debt, or does it excite you? If you run away from the concept of your finances, you won't be able to actively focus on turning your situation around through smart investments and planning.

Click play to learn more.

Related: The Only 2 Ways You Can Have More Money

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Jack Canfield

Why You Should Never Give Up On Your Dreams

Why Jack Canfield's 'Chicken Soup for the Soul' Series Was Originally Rejected

Inspirational Stories to Help You Persevere Through Negativity

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.