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MOST OF OBSTACLES FOR MANY PEOPLE

Overcoming Obstacles
Once people have studied and become financially literate, they may still face roadblocks to
becoming financially independent. There are five main reasons why financially literate people
may still not develop abundant asset columns. Asset columns that could produce large sums of
cash flow. Asset columns that could free them to live the life they dream of, instead of working
full time just to pay bills. The five reasons are:
1. Fear.
2. Cynicism.
3. Laziness.
4. Bad habits.
5. Arrogance.
Reason No. 1. Overcoming the fear of losing money. I have never met anyone who really likes
losing money. And in all my years, I have never met a rich person who has never lost money.
But I have met a lot of poor people who have never lost a dime. . .investing, that is.
The fear of losing money is real. Everyone has it. Even the rich. But it's not fear that is the
problem. It's how you handle fear. It's how you handle losing. It's how you handle failure that
makes the difference in one's life. That goes for anything in life, not just money. The primary
difference between a rich person and a poor person is how they handle that fear.


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