Do these seven things if you don't want to be rich.
Talking Points:
- There is a difference between being poor and being broke. When someone says that they’re broke, it’s a temporary situation. A poor person is someone who has always been poor and doesn’t see a way out of it.
- There are seven signs to watch out for if you don’t want to be broke:
- #1 Don’t have long term goals for money
- #2 Only want immediate gratification
- #3 Spend to keep up with the neighbors
- #4 No discipline in spending or saving
- #5 Spend windfalls on stuff, not paying down debt
- #6 Blame others for your bad financial choices
- #7 Complain and don’t change
Discussion Questions:
- Initial reactions to this topic? What jumped out at you?
- What do you think about the difference between being broke versus being poor? Would you categorize yourself in either category? Explain.
- What is your version of the American dream? Can you afford that dream right now? Have you gone in debt in pursuit of it? Explain.
- Which of the 7 signs do you relate to most? What changes do you need to make in your mindset to help you avoid being broke?
- Is there a step you need to take based on today’s topic?
