Biggest Barriers to Financial Freedom?

[TexasHusker]

Car payments and consumer debt keep folks in the poor house.

The other barrier is the Edward Jones ilk who are out there peddling high priced junk.

http://kronstantinople.blogspot.com/p/edward-jones-saga.html

[Drake3287]

I still feel building wealth is easier then many think, it just needs to be a life long goal and plan.

I don't mean this as a brag of any sort, just a fact. I was a life long public employee making a good steady wage along with a wife who made maybe half my salary.

We were able to save for a house, have 3 kids, pay cash for all 3 to go to college and still have a very sizable retirement account.

This was simply done by saving a certain amount of money out of each paycheck for 30+ years. When someone's in their early 20's, the last thing they think about is saving for the future and the thought of saving a little each payday is almost unheard of. I have friends that retired with me that are literally broke, even with a retirement plan. Simply because they choose to buy nice new trucks, boats and other toys when they shouldn't have.

Save anyway you can, even a little amount will add up over the years.

[creditcardfree]

I still feel building wealth is easier then many think, it just needs to be a life long goal and plan.

I don't mean this as a brag of any sort, just a fact. I was a life long public employee making a good steady wage along with a wife who made maybe half my salary.

We were able to save for a house, have 3 kids, pay cash for all 3 to go to college and still have a very sizable retirement account.

This was simply done by saving a certain amount of money out of each paycheck for 30+ years. When someone's in their early 20's, the last thing they think about is saving for the future and the thought of saving a little each payday is almost unheard of. I have friends that retired with me that are literally broke, even with a retirement plan. Simply because they choose to buy nice new trucks, boats and other toys when they shouldn't have.

Save anyway you can, even a little amount will add up over the years.

I agree!!