Personal Finance – Keeping Your Commitment to Financial Freedom

Achieving financial freedom requires a commitment and consistency over time. This is the reason so many people have problems achieving success, and this is true when it comes to more than just finances. Being consistently focused and disciplined is difficult for people Personal Finances who are trying to lose weight or to achieve greater confidence as well. So what makes all the difference when it comes to keeping your commitment instead of letting yourself get distracted or losing your motivation? It all starts with having a specific plan for dealing with the things which typically cause people to back out on their commitments.

In this article, we’ll be looking at some of the common obstacles to keeping your commitment and what you can do about them…

Common Reasons People Give Up Before Achieving Financial Freedom
As you are reading this list of obstacles, rate yourself on a scale from 1-10 (one being the worst and ten being the best) as to how much improvement you need in that specific area. Remember, there are no right answers, only honest ones:

1. Lack of specific knowledge of what to do
2. Lack of focus
3. Lack of a written plan
4. Procrastination
5. Impulsive spending habits
6. A Poor Attitude towards wealthy people
7. Giving into the influence of others

So how did you do? If you scored yourself less than five on one or more of these, it’s time to start working on a solution to the problem BEFORE it occurs. If you scored less than 5 in two or more areas, you can wisely select one area to correct and then tackle another area. This is simple advice, but it’s powerful. The key to sticking with a commitment is to deal with problems up front and the best time to start that is RIGHT NOW. As the saying goes: “The best defense is a good offense,”…and this is certainly true when it comes to sticking with a commitment to financial freedom.

Another thing to remember is that your goal is more important than your plan, so keep your plan flexible and be willing to change it if things go ill. Don’t be so obsessed with your plan that you aren’t willing to alter it when things aren’t working, it’s the end result that you’re after. If you keep your plan flexible and remain dead set on achieving your objective and dealing with problems before they occur, you’ll be well on your way to reaching your goal and freedom.

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