Posted over 10 years ago 4 obstacles to creating wealth I get a lot of questions about how do people gain real wealth in this country nowadays.. I decided it was time to address that in blog format. The problem in USA for most people is not MAKING the money. It is KEEPING the money. I've determined there are 4 main obstacles to real Wealth Creation.1. Procrastination2. Spending habits3. Inflation eating away at your assets4. Income taxes owed to the govt. Of these 4, lets chat about each one each by itself. Procrastination. Do you have this problem. Next year I'll start saving. As soon as I get that raise. After the little ones are in school. Just one more book or seminar to study. The list goes on and is different for everyone. So, I suggest you get rid of them and pick a time and goal. Whatever it may be. I'm going to do this before this date and then just do it. Start with something real and tangible, not nebulous. Baby steps are ok , so long as you're moving in the correct direction and continue.Spending habits- We're a now country. We want it and we want it now. No waiting. Instant gratification and we'll pay for it later. This will keep you from getting ahead. Have you ever taken one penney and doubled it every day for a month? How much do you have? Try it, and you'll be shocked. That is the way money and compounding works. However, if you keep taking some pennies out to soon, it never arrives at the BIG doubling #'s. You have to stay on top of it. "If you put off buying everything you want today, when you're older, you'll be able to buy whatever you want and your principal will never erode."Inflation- This will eat you alive if you don't own real estate. If you only own depreciating assets, clothes, cars, cycles etc., you'll join the ranks of Americans with negative net worth. One third of the population WISHES they were worth Zero. Unfortunately, they're worth less than that. Add up all your assets. Now deduct your liabilities and loans. Where do you fit in? If you own real estate, you have a chance to get ahead. That is an appreciating asset. You need to make sure you're acquiring the right things if you want real wealth. Otherwise, you'll be a big income earner and no assets.In Texas, we call that "all hat and no cattle"I'm going to leave the tax portion for another day. I want to see if anyone reads blogs. If not, I'll just post it. When I see 5 comments on here, I'll believe it is worth blogging on income taxes, the biggest obstacle to creating real wealth. Good luck.