Breaking Free From Financial Struggles: 15 Ways to Shift Your Perspective and Build Wealth


“You don’t have a choice if you were born poor, but everyone has a choice to become rich and prosper during their lifetime.” This is a powerful statement that a lot of us might resonate with. The journey to financial prosperity can often start from a difficult place, but by changing your perspective and habits, you can build a wealthy life. Here are 15 ways that helped me shift my perspective and can help you too!

Living Paycheck to Paycheck

It’s hard to move forward when you’re stuck in the rut of living paycheck to paycheck. Breaking free starts with budgeting. A budget serves as a roadmap for your money, helping you identify essential expenses and separate them from non-essentials. Key Takeaway: Build an emergency fund and make use of budgeting apps. Financial freedom is within your reach.

Lack of Long-Term Planning

Without long-term planning, it’s like sailing without a compass. When you aim at nothing, you hit it every time. Key Takeaway: Develop a financial plan, set goals, and commit to saving regularly. If it feels overwhelming, consider working with a financial planner.

Investing Less in Education

Education isn’t just about degrees; it’s a lifelong journey. Not investing in education could mean missing out on job promotions and financial growth. Key Takeaway: Pursue courses, seek mentorship, and never stop learning. Your brain is your most potent tool—sharpen it.

Avoiding Risks

Risk is a part of life. While you shouldn’t be reckless, avoiding risks altogether can mean missing out on lucrative opportunities. Key Takeaway: Understand your risk tolerance and consider balanced investment options. Remember, not all risks are bad; they need to be managed and informed.

Consuming Instead of Creating

While buying the latest iPhone can bring temporary joy, investing in a side hustle or learning a new skill can offer long-term satisfaction. Key Takeaway: Invest in things that grow in value or enrich your life in meaningful ways.

Surrounding Yourself with Negative Influences

You become the average of the five people you spend the most time with. If you’re surrounded by negativity, your financial growth will likely be stunted. Key Takeaway: Cultivate relationships that inspire and support you. Surround yourself with positivity.

Lacking Access to Professional Financial Advice

Navigating the world of finance can be overwhelming. Key Takeaway: Professional advice doesn’t have to be expensive. Sometimes, it can pay for itself. Look for free or low-cost consultations and tools.

Incurring High-Interest Debt

High-interest debt, like payday loans, can be crippling. Key Takeaway: Focus on paying off high-interest debts first. If needed, consult with a debt counselor.

Spending Windfalls

Bonuses and inheritances can feel like free money, but they are opportunities for long-term growth. Key Takeaway: Treat windfalls as an opportunity to invest or pay off debts.

Lack of Financial Literacy

Financial literacy is essential for sound money management. Key Takeaway: Invest time in learning the basics of finance. Books, online courses, and mentors can be invaluable resources.

Ignoring Health and Wellness

Your health is your most significant asset. Key Takeaway: Invest in preventative healthcare and consider health insurance as a safety net.

Neglecting Networking and Personal Growth

Networking and continuous learning can open doors. Key Takeaway: Make it a habit to attend industry events and join professional groups.

Failing to Negotiate

Negotiation is an essential skill, whether you’re discussing salary or making a purchase. Key Takeaway: Learn how to negotiate. Sometimes, a polite request can lead to a better deal.

Falling for Consumer Traps and Impulse Buying

Impulse buying can drain your finances. Key Takeaway: Be mindful of your spending habits. Stick to your budget.

Lacking a Support System

Support from family and friends can make your financial journey easier. Key Takeaway: Build a robust support network and don’t hesitate to seek help when you need it.


Your path to wealth involves overcoming these 15 barriers. It’s a long but rewarding journey. Take the first step today, and remember: the journey of a thousand miles begins with a single step.

Brad Danger
Mr. Danger loves cars, finance and living the Ideal Lifestyle!
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