Learn more about personaldevelopment with this collection
How to make rational decisions
The role of biases in decision-making
The impact of social norms on decision-making
Give yourself time to plan it out and accept that your financial goals are long-term strategies. Don't put your trust in luck.
Those with financial freedom are patient, persistent, and farsighted. They discipline themselves to save and accumulate money over many years.
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Keep your vision in mind, but start wherever you are.
Work back from the future to the present. Make a list of the logical steps, in order, that you need to take to get from where you are to where you want to be. Then figure out what big or small action you can take today.
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Hold the idea of wealth and success in your mind long enough and hard enough, until you draw into your life the resources you need to accomplish it.
Your main focus is to keep your mind fixed on improving your personal finances and achieving financial independence.
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All improvement in your life, including financial improvement, begins with you clarifying your true values, committing yourself to living consistently with them, and then aligning everything you do with them.
When you align your work and personal life to support your financial goals,...
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Don't expect failure and don't get discouraged by it.
The wonderful truth about your expectations is that they are completely under your control. You decide for yourself if you want to become rich and how you are going to get there.
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Acknowledging areas where you are overspending can be an eye-opening experience. Creating a budget and sticking to it can help you save and reach your short- and long-term financial goals. This is not a one-time exercise.
Revisit and rework your budget if you have a financ...
Put together a career action plan, a written document that lays out all the steps you will have to take to reach your goals. Think of it as a road map that will take you from point A to B, then to C and D.
Write down all your short- and long-term goals and the steps you wi...
Checking in with a financial adviser is strongly recommended by experienced investors, but make sure you're speaking with a fee-only expert, who isn't receiving commissions for steering you into one investment over another.
Once you find someone acting in your best interes...
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