Three Mindsets That Will Stop You From Building Wealth

Michael Beausoleil
5 min readOct 12, 2021

Change doesn’t happen overnight. Anyone who is trying to become more financially stable knows it will take effort and require consistent focus. Mistakes have the potential to derail progress, but there are always ways to get back on track. One mistake isn’t going to break you unless you choose to give up.

If you want to build financial strength, you need to be prepared for the long haul. At times you can be your own biggest saboteur, but you can also motivate yourself. This means breaking old habits and preparing for a long journey. Sometimes your biggest barrier can’t be measured with numbers and dollar signs. They are self-limiting thoughts that prevent us from building wealth.

If you want to become financially successful, you may need to do a self-audit. Many people adopt mentalities where money improves their lifestyle and allows them to buy more. While instant gratification can be rewarding, it doesn’t build the same security as you can with a long-term plan. Your own mindset can encourage behaviors that eat away at your progress. Without addressing these harmful behaviors, your financial growth will become seriously stunted.

When You Make More You Spend More

Many people fantasize about a life where they’re earning more money. In this narrative…

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Michael Beausoleil
Michael Beausoleil

Written by Michael Beausoleil

User Analytics | Digital & Brand Marketing | Productivity … hoping to explore topics that interest me and find others with similar passions