Making good financial decisions

financial
consider all your options

Throughout our lifes there are many moments that we have to decide which route to take. From buying that piece of candy, buying the new phone, buying a new car to going into debt to buy an appartment.

A decision like purchasing a candy doesn’t seem important and that one decision isn’t extremely important. Yet the degree of delayed gratification you  apply early on will make it easier for you to continue on that route. The way you go through your early life determines where you will end up in your future.

If you want to reap financial blessings, you have to sow financially. – Joel Osteen

Sow your financial seeds now and see the benefits from it in the years coming. For example look at the people around you compare the type of their car and the possibilities they can jump on. If you are 28 and buy an expensive car potentially even with debt it’s nearly impossible to invest into your future. People will admire your nice car a couple of times and then it fades away. The same thing happens when you drive an older car. First few times they may look strange at it, afterwards they don’t even look up anymore. Nevertheless it allows you to spend your money at better places.

When you think how millionares look like you are probably imagining a man speeding in his lambo. People spending so much on a single purchase, that fastly decreases, are either overspender or are people that have millions to spare and only spend a fraction of what they possess. It’s easy to look at the ultra-rich and think that they received support from their parents, won a jackpot or jumped in on a stock when they were only worth a penny and have exponentially risen through the years. However the real millionare is actually your neighbour living way under their income and investing the rest. They are the one you can learn the most from.

Consider the options you have and delay your gratification that your future will look extremely bright.