10 Things You Can Do To Avoid Making Mistakes In Life.

Jahquay Hyles Budgets 1 Comment

 

Only 10 Things To Do

Are you tired of making the same mistakes? We have been conditioned to just feel and do and to not think. It’s time to think. Ask yourself if what you’ve been doing is actually working? No? Then do something else. Pick up a book and take some initiative. We live in an era where information is free. We once lived in a time where learning to read could get you feathered, shot, hung or all three depending on who you were. There are very few excuses remaining for people not to be educated and I don’t mean in the traditional sense. Plenty of people grow to college, but remain ignorant. Some people might tell you to take a hike, but I’m telling you to take a walk. Take a walk and reflect. Do you really want to be where you are in 5, 10, 25 years from now? How disappointing would it be to realize you wasted X number of years?

Here are 10 things you can do to avoid making (financial) mistakes in life.

  1. When you see someone else fall into a pit walk around it. Learn from the mistakes of others.
  2. Write down your financial goals. After you write them down write out exactly how you think can get there step by step. Do they make sense and are they realistic? If so FOLLOW them.
  3. Steve Jackson (thriller writer)

    Steve Jackson (thriller writer) (Photo credit: Wikipedia)

    Find a mentor. These are people who have successfully made it to where you want to “be” and are still there. Broke people can’t learn much from broke people. You should have what I call a circle of 12. You should find 12 people who have been successful in a way that you would like to be successful in various areas of life. In that particular area of life you should try to learn all that you can from them. Be like a sponge because they can be like a well in a desert. They can help you through the tough times in the areas you need to learn the most. Tip: “Stay away from people who boast about how much they got.” The rich are rich, but you’d almost never know it. Read the book The Millionaire Next Door.

  4. Read something. Reading IS fundamental. It doesn’t matter if it’s a book, an article on the internet, or a blog post, just read. Learn all you can about how to better your financial situation. If you stop learning you won’t just stay where you are, you will actually go back to where you were. It’s like walking in circles.
  5. Ask God for help. More specifically ask Jesus for wisdom to manage what you have. You have not because you ask not.
  6. Believe. Believe that things can get better, but you have to take steps to make them better. If you are shot, don’t believe things are going to get better and bleed out. Go to a doctor and then believe things can get better. This follows point 5 for a reason (wisdom).
  7. Stop lending money if you are broke. If you feel like want to help others than give the money without expecting it back. If you don’t know to what extent to perform this act without hurting your financial situation refer to points 1 through 6.
  8. Stop borrowing money. Yeah, I said it. Stop borrowing money from others unless you absolutely need it to progress forward. A borrower is a slave to the lender. When you borrow you actually take two steps back because not only do you have to pay the money back just to get to square one, but then you still have to move forward. Sometimes its better to suffer a short wall then to become chained to debt. I see only one exception to borrowing money and that is for a house. Everything else you can save for and if you can’t save up enough in five years it probably isn’t for you. Don’t chase physical things to lose what’s most important to you…happiness. All to often we think stuff is what makes us happy when it’s not.
  9. Zero Patience

    Zero Patience (Photo credit: Wikipedia)

    Learn the difference between having fun and being happy. Buying a vacation on a credit card and then going on that vacation for a week is fun, but drowning in interest trying to pay off the bill for a year is the furthest thing from the happiness you sought. Fun is short-term and happiness isn’t something you can buy, it’s something you live. Fun is something to have for the moment, happiness is something to have for a life time.

  10. Be patient. Good things come to those that wait. What that saying doesn’t tell you is that people actually planned for those things to come. The tortoise and the hare really is a good example of the reward behind what patience and perseverance brings. You can take the ring, but why not wait for the crown? When princes grow impatience they seek the kings ring (life) which symbolizes his authority as king. Instead of waiting to be crowned king when they have learned to be king, they seek something they aren’t mature enough to be responsible for.
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  1. Pingback: Why Trading $72,000 for Nothing Made Perfect Sense! : Budget|Strong

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