In a modern world with so many endless distractions, it's so easy to get caught up.

With so many shiny syndromes preying on you, calling for your attention.

And once you give your attention to these syndromes, it will be difficult for you to catch yourself back.

Few of these difficulties that can hinder you from becoming financially free are 👇


📌 Limited Income

Many individuals have limited earning potential based on their chosen careers or circumstances.

Note: If you don't see any reason why you should have a side business or build something alongside your job, you are making a way for your own disaster.


📌 Spending Habits

Some individuals make good money from their career or businesses but have poor money management and overspending.

Living beyond your means can hinder wealth accumulation.


📌 Lack of Savings

People save for a down payment of house, cars, gadgets or for some other things that they find important to them.

That is not a bad thing.

But savings should not be tied to something you've be dreaming of having.

You can save just for saving's sake without nothing being attached to your savings.

You don't need a specific reason to save.

Understand this 👇

Saving is a hedge against life's inevitable ability to surprise you at the worst possible moment.


📌 Debt

The issue of debit comes as a result of the lack of control to live below your means.

With so many financial institutions and loan apps ready to assist you.

It comes with a price.

High levels of debt, particularly consumer debt with high-interest rates, can drain financial resources.


📌 Mindset and Beliefs:

This should have come first because it can't be overemphasize enough.

What is money role in your life? Is money a tool or a toy?

Is it plentiful or scarce?

Negative beliefs about money, success, and one's own potential can hinder progress toward attaining financial freedom.


📌Lack of Financial Education:

It's one skill to know how to make money.

It's another great skill in knowing how to manage and grow money.

This is one of the most important skill you must have. It's not how much you make but how you manage it and grow it.

Many people lack the necessary financial knowledge and skills to effectively manage and grow their wealth.


📌 Risk Aversion

Life is all about risk. There is nothing you can achieve if you're scared of taking risk.

Going out and coming back home in the evening takes risk.

To become financially free, you have to take calculated risks required for entrepreneurial ventures or investment opportunities.


📌Comfort Zone

Comfortability kill dreams.

If everything is going well, you must become uncomfortable with it.

Staying within a comfort zone and not pursuing opportunities for growth and advancement can limit income potential.


📌Lack of Persistence

The fact that you want to become financially free comes with a lot of sacrifices.

Most individuals will give up when they encounter temporary defeat.

Becoming financially free often requires long-term commitment, dedication, persistence, and patience which not everyone possesses.


📌 Lack of Goals

Anybody can dream big. It's one of the easiest thing to do.

Without clear financial goals and a plan for achieving them, individuals may struggle to be financially free.


Take your time to assess the areas you are falling short.

And make amendment towards improvement in becoming better.

See you at the top
© Olamide Atunnise
#m2pafrica