Don’t Let Mentality Stop You One Day From Making Financial Progress
It’s easy to put off money problems for later and tell yourself that one day you can handle them. Then someday comes and you have accumulated a huge amount of debt. Or you don’t have enough savings for your retirement. Or you still receive the same salary as five years ago. To prevent this from happening, give up the “mentality someday”.
It’s a fairly common habit, but Entrepreneur’s Daniel Ellie sums it up well:
… many people wait for external circumstances to appear before they take action: tax audits, the release of children, the end of payment for the car, etc. This habit of waiting “someday” significantly limits you and keeps you from the final good, which the name is written everywhere. Assume you have everything now and you will get it sooner than you think!
When it comes to retirement savings, the “someday” mentality is especially common. Retirement seems like something to worry about when you get old and gray, so most of us think we’ll figure it out later. By doing this, you are separating the present from the future and wasting the time it takes to grow your retirement savings. Instead, try to connect the present with the future by making friends with your future .
Find out what actions you can take now to work towards your goal today , not someday. Going back to the retirement example, this might just mean getting out of debt so you can free up more of your money to save.
For more details please follow the link below.
5 Secrets About Money That Most Don’t Know | Businessman