We all have dreamt of what we’d do if we became a millionaire. You probably think it’s a pipe dream, but what if it wasn’t? What if the only thing standing between you and a million pounds is your own actions? Here are 10 ways you won’t become a millionaire.

Believing You Will Never be Rich

What did you dream about when you thought about your millionaire lifestyle? Was it a large mansion that offered multiple rooms, expensive clothing or just the freedom to do whatever you like whenever you like?

If you immediately thought after the dream that you will probably never have that lifestyle – you might just be right with an attitude like that. We’re going to let you in on a little secret: you have as much right to be rich as every other millionaire. The difference between you and a millionaire could be that they were not afraid to go after what they wanted, and worked hard until they achieved their financial goal.

Not Talking to Your Partner

The best relationships are built on honesty and openness. So, if you’re not talking about money with your partner, it is time to start. It is essential to have a clear understanding of each other’s finances, so one is not taking on most of the financial burden. By identifying exactly how much you have in the bank, you can create a financial plan together to boost your income and your lifestyle.

Failing to Save

Wealth isn’t how much money you make each month. Wealth is how much money you are able to keep in the bank. You can only boost your finances if you are willing to save them. Like paying a debt, place a set amount of money into a savings account each month and don’t touch it. You will have more financial freedom as your savings increase – and you could even invest the cash in a new venture, property or just use it as a nest egg.

Saving Too Much

While it is important to save, we don’t recommend saving too much. You must find a happy medium. You might want to cling onto the cash in your savings account for dear life, but you could miss out on an opportunity that could have significantly boosted your finances. Don’t be silly with your money, but don’t be too cautious, either. Sometimes you have to spend money to make money.

Let the Money Work

You are in charge of your financial future. No-one else. If you have money in the bank, it is up to you how you make it work for you. You could choose to let it mount up, will result in great savings. You could spend all your cash and live from wage to wage. Or you could make the money work for you by investing it in your own company. Starting your own company will also be a risk, but if you are willing to invest the money and work hard, all that cash and effort might just be worth it in the long-term.

A Negative Attitude

It is important to be optimistic when it comes to making money. A negative attitude might be off-putting to some investors or potential business partners, and you might miss out on a great opportunity because you won’t be able to see the sun through the trees.

Waiting for Other People

Instead of putting all your faith into other people, invest it in yourself. Don’t play it safe by following the crowd. If you really want to succeed, you must become dependent on yourself and be prepared to do things alone, even if they feel a little scary.

Staying in a Thankless Job

Passion and wealth go hand in hand – as it is the very thing that drives a person to success. Every self-made millionaire will most likely feel passionate about their industry. They maybe passionate about a project, idea, investment or just be driven to make as much money as possible. If you don’t feel passionate in your job, it’s time to make a change. Go after a career you love – and enjoy each and every moment of it.

Relying on One Income

Most self-made millionaires don’t rely on one income. Author Thomas C. Corley embarked on a five-year study into millionaires and found that most of the millionaires had more than one source of income. In fact, they often had three sources of income offering a steady stream of money before they made their first million.

Having Too Much Fun

If you’re not willing to invest money or time into your career, you’ll never be cashing in that million pound cheque. Turn off the TV and do some research on your industry. Swap a night on the town for an early night, and a sleep in for an early rise.