We all go through one temptation or the other but what differentiates winners from losers is the ability to overcome temptation and what differentiate wise people from foolish people is the ability to know which temptation to avoid and which to confront.
Financially successful people avoid temptation that will have a negative toll on their money and this helps them to maintain their financial stability and continually build wealth. Here are few money temptations you must run away from if you desire to build wealth.
1]: Reckless Spending
There is always the tendencies to spend recklessly among humans especially when some extra money comes in. Financially successful people avoid the temptation of spending recklessly because they know it is a great enemy of wealth creation.
2]: Lack Of Investment
This is another temptation you must avoid if you want to build wealth. There is always that tendency to push your investment plans forward or completely discard because of fear or procrastination or because it is not comfortable at the moment. You must avoid this temptation like a plague.
3]: Lack Of Savings
This is another temptation that must be avoided if you truly desire to build wealth. Developing a saving culture will also help you build discipline for investment and again if you can save you will have more money to plough into your investment portfolio. A man that cannot save cannot be wealthy.
Greediness will make you want to get your desires at all cost even if it means eating up your future today. Greed will make you want to cut corners to make wealth instead of using the vehicle of investment and falling for the temptation of greed can destroy every form of wealth you are trying to build.
One of the ways to overcome greed is to learn the discipline of delayed gratification.