📺 Stream EntrepreneurTV for Free 📺

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

By Jack Canfield

entrepreneur daily

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

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Devices

Add Some Life to the Office with $60 off This Bluetooth Speaker

This TREBLAB speaker provides 360-degree HD sound and high-powered connectivity.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.

Business Solutions

Organize Your Podcasts and Audio Content with This $40 Plan

Player FM lets you organize and sync podcasts across different platforms in one place.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.