Finance Joseph Sangl on 25 Oct 2006 08:19 am
Characteristics of those who fail financially
As I see persons who have failed financially, I have seen at least one of the following characteristics:
- A failure to recognize that emergencies will occur (car breaking down - they break down!; Christmas - It really is in December! People will get sick!)
- A life-controlling issue - addiction to gambling, drugs, alcohol
- Lack of HOPE
- Unwilling to change their behavior
- Lack of medical insurance!
- Lack of a plan
- Unwilling to work together with their spouse
- Uneducated about financial topics
All of these items can be addressed. There is HOPE! You can put together a plan!
