If you’re going to be good at anything—if you’re going to have long-term gain—you’ve got to accept short-term pain.
Anybody who’s ever played sports knows this. To end up in a championship game, you’ve got to work hard and practice for long hours.
But it’s not just true in sports. It’s true in finances.
You got to do the work.
– You got to set your goals.
– You got to monitor your expenses.
– You got to budget.
– You got to review every month to know what can be done better the following month.
– You got to read and learn.
– You got to risk at times.
– You got to fail and get up multiple times but never give up.
– You got to build your passive income stream besides working on your day job.
Many of your problems come from your inability to delay gratification.
Society teaches you to say, “I want everything, and I want it now. And I want it to be free and easy.” But life doesn’t work like that! (Rick Warren)
That’s how you get into credit card debt. Because I want it, and I want it now.
Pain is part of life. And if you choose to do the hard thing right now and put in the effort to learn and grow, to become strong and mature, then later in life, you will benefit from it. Endurance is the name of the game.
You can do it,
Learn how to manage your money well; Read More:
– Unlock the Secrets of Becoming the Best Manager of your Own Money
– Discover the Easiest Money Management Tool that’s Proven to Work
– How to Retire Early Just by Knowing This
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Thank you for this reminder Doc Pinky! In today’s age specially the pressure created by social media, delayed gratification is no longer practiced. People are no longer considering their future but instead focuses on the NOW which is really not a good practice in the context of having financial freedom. Thanks for this Doc!