The Millennial's Issue With Financial Planning and How To Overcome It
- Mr. Organic
- Jun 14, 2019
- 2 min read
Updated: Oct 7, 2019
Training to Plan for The Long-Term
What's the longest time you have ever planned for something? For most of us reading this it could be planning a vacation, buying your first big purchase, or possibly planning for a child. Your answer to this question could provide serious insights into any issues with your financial planning habits.
Training a New Mindset
Financial planning is a long term game for which most millennials are not and have never trained for. In a world of instant gratification we must retrain our mindsets to overcome how we were trained and realize the value in long term planning.
Commit to Your Goals Today!
You may ask how do I create a mental shift toward proper savings and wealth building habits? The answer is easier than you may think! To put it simply you MUST create concrete goals for your future. This includes daily, weekly, monthly, annual, and lifetime goals. WRITE these goals down and put them somewhere you can visually comprehend them daily. Personally I use my desktop background image that displays my goals every time my computer boots on.
“Review your goals twice every day in order to be focused on achieving them.” -Les Brown
Training a New Decision Making Process
Creating concrete achievable goals that you review each day will force a decision making process in your life that will be aligned toward the achievement of your specific goals.
Likewise, without any proper view of the future you will have a much more difficult time achieving those things that you really want in life. Zig Ziglar puts it best, “If you aim at nothing, you will hit it every time.”
Act Today!
What are you waiting for? Create your vision, write it down, assess daily and make it your reality!
Thank you for your time
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