10 Reasons Why People Are Broke

10 Reasons Why People Are Broke

A lot of times you may have heard or read people saying, “I am broke”. But today, let us understand why people remain broke in their life. Here are 10 common reasons behind it.

1. They set no goals.
2. They don’t invest in themselves.
3. Their Finances aren’t organised.
4. They make excuses.
5. They can’t build Savings.
6. They didn’t set a budget.
7. They try to impress others.
8. They make impulse purchases.
9. They spend more than they Earn.
10. They don’t know how to Invest.

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