Short Term vs Long Term Finances
Dec 02, 2021When it comes to success with our money, if we constantly are thinking about this week or this month, we'll stay broke forever. If you want to work toward Financial Freedom and wealth, you need to think longer term. Wealthy people think about their finances in terms of years and even decades, but broke people think about their finances in terms of days, weeks and sometimes months.
Short term thinking will keep you broke, but long term thinking will help you get out of being broke, in debt, and start working toward Financial Freedom. We must train ourselves to think long-term if we are going to build wealth and win with money.
When you are making money decisions, pause and think about yourself 2 years or even 5 years from now. Will your future self endorse that decision? If so, do it. If not, consider NOT doing it.