Financial growth is a gradual process that involves consistent discipline towards different financial principles. It is possible that we have heard about some of these principles and even practiced some, but what will lead to growth is being consistent in it. The consistency of one person from another is what differentiates rich people and poor people. Ask any wealthy man or woman, and he or she will tell you that once upon a time he or she made an investment that did not turn out the way he or she planned it but continued to invest. In this write-up, we will look at two key things that can help you to realise the financial growth you desire through consistency.
Discipline
The ability to subject your body to your control and avoid what is not necessary for your journey is discipline. Towards becoming financially independent and attaining some level of growth, a lot of things will come as a distraction, some coming in the form of what we love and others coming in the form of discouragement. We must learn to discipline ourselves and stay focused on some of the financial principles like investments, saving, and reduction of excess spending.
Overcome Fear
The ability to take financial risks might just be the differential factor. When I talk about risk, I mean calculated risk, which can be hard to take sometimes. One of the principles of investment is that the higher the risk, the higher the return, but the gap between the investment and our money is the boldness step. Do your findings about the stocks, company, or goods you want to invest in and the durability of what you are putting your money on. Once you are sure that it is a good investment, take that risk and invest.
Conclusion
In conclusion, overcoming fear, taking calculated risks, and disciplining yourself might just be the additional things you need to add to the financial principles you are practicing in order to stay consistent with the principles, and if you are currently fighting your fear, making investments based on calculated risk, and at the same time disciplining yourself, then you need to continue to do that, and in a matter of time, you will hit the financial goals you set for yourself, not taking out the fact that you need to commit everything to God to help you through because difficult times may arise, but with His help and you being disciplined and living above your fear, you will overcome the difficulties moment and stay consistent to your growth.
It is true that there are so many motivational contents on the internet about financial growth, but the only way to achieve or attain it is being consistent on our path
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit