1.Indebtedness-this is a life debts.
To get anything, you have to borrow.
Buying things on credit and paying later.
Spending before earning.
2.Scarcity consciousness-this is a mentality of lack.
Belief that for some to get,others must lack.
3.Unfulfilled dreams-to accomplish anything, you need to finance it.
Without finances,some people give up on their dreams.
4.Financial stress-the pressure to pay bills day in day out,causes financial stress.
The stress is more severe if you aren’t financially stable.
5.Work 24/7-financial freedom can make you to retire early and young but it’s suicidal to think of retiring from work when you depend on it for your basic needs.
When you are not financially stable, you may work for as long as you live.
You always have a busy schedule with very little or no time at all to rest and leisure.
6.Social instability-it’s estimated that in developing countries, most people live on less than a dollar a day.
Lack of resources can cause family conflicts.It can even break a family.
When the majority live a life of lack,those who have become targets of those who have not.
7.Desperation-desperation sets in when people give up on their dreams and resort to complaints and regrets.