Find Out What is Holding You Back from Being Wealthy 

 April 14, 2017

By  Craig Beck

What is Holding You Back from Being Wealthy

Imagine you’re sailing on your private yacht.

There are over 50 people with you drinking Dom Perignon.

You’re so loaded that you throw hundred dollar bills into the wind without giving it a second thought.

Then your alarm goes off.

You wake up and prepare for another Monday at your dead end job.

Don’t worry; we’ve all been there.

The truth is, even though it may seem like the stuff of dreams, wealth is attainable for everyone.

Often what’s holding you back from this wealth is yourself and a few bad habits.

It boils down to the three “B”s: Belief, Budgeting, and Body and Mind.

Belief – What’s Holding You Back the Most

It’s probably holding you back right now.

Self-doubt will kill your wealth dreams one hundred percent of the time.

A variety of factors leads to negative thinking.

Maybe you think because you got bad grades in school or had a learning disability you can’t be wealthy.

Maybe you surround yourself with negative people.

Whatever the case, purge those causes of self-doubt from your life.

Cut out those toxic people and replace them with quality friends that are driven and supportive.

Understand that bad grades are not a predictor of future success, neither is a learning disability.

Instead, think of them as obstacles to be overcome.

A great first step is to set daily goals.

Be specific. Don’t just write “I want to be rich.”

A better goal would be to save $100 out of every paycheck.

Once you’ve got the right mindset, then you can move on to…

Budgeting – How Your Money Can Work For You

Bad financial practices will always hold you back from greater wealth.

Research shows that fifty-two percent of Americans spend more than they earn.

This overspending is because most Americans either don’t have a budget or fail to meet their budgetary goals.

Having a budget will help you curb overspending and give you a better financial outlook.

To get started:

  • Write down your monthly bills and other expenses like gas, groceries, etc.
  • Write down how much money you make per month
  • Subtract your expenses from your earnings

A negative number means your costs are too high.

Identify spending you can cut like going to the movies or eating out.

Another thing to account for in your budget is the 70/30 rule.

This money making habit of Jim Rohn’s teaches that you should “learn to live on seventy percent of your after-tax income.”

The other thirty percent you can allocate to wealth building.

Give to charity to enrich yourself as a human being.

Make capital investments.

Save the rest for a rainy day.

You won’t see results immediately, but five years down the road the difference will be substantial.

Body and Mind – You Are What You Eat

An unhealthy lifestyle will hold you back from both wealth and a full life.

Studies show that less than three percent of Americans live well.

In addition to chronic diseases, unhealthy living contributes to wasted time and decreased productivity.

How can you change that?

Turn off Netflix and expand your mind with a good book.

Replace those chicken nuggets with celery sticks.

Exercise daily.

Find what excites you and learn everything about it.

Then figure out how that passion can make you money.

Successful people don’t sit on the couch all day.


There’s no such thing as getting rich quick.

Sure you can win the lottery, but that’s a hope and a prayer.

Instead of wishing, take a chance on yourself.

You’ll be surprised at what you can do when you set your mind to it.

But if you still need help check out some more of our wealth building tips.

If you’ve got any tips of your own or a story to share, leave a comment, so we can all ride on that big yacht of your dreams.

If you are ready to discover how to become rich then get started at Millionaire University today.

Craig Beck

Craig Beck ([email protected]) is the author of several bestselling personal development books and audiobooks. 

Including Unleashed: How to love yourself more and unlock your full potential, available on Amazon, Audible and in all good bookstores.  

Craig is also a certified master practitioner of neuro-linguistic programming, hypnotherapy, timeline therapy and a highly in-demand international motivational speaker.

Craig Beck