Five big reasons why it’s so hard to make financial progress

While I love writing and talking about all of the benefits of financial independence and financial progress, I’ll be the first to admit that the path is difficult. Although the ideas behind personal finance are easy, actually putting them into practice is incredibly hard. So how do we overcome the challenges?

That’s why more than three quarters of Americans live paycheck to paycheck and only a tiny sliver of Americans manage to accumulate enough wealth to be able to retire in comfort, let alone retire early.

The concepts are easy. Actually making it happen? It’s very hard. Why is it hard, though? Why do so many people dream about and plan for financial success, but so many people fall short along that path?

Having spent almost an entire decade turning around our disastrous financial situation and then moving along the road to financial independence while writing and learning about personal finance all along the way, I’ve found that there are five big reasons why people find it hard to find financial success.

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