Money — A Long Game

Photo by Visual Stories || Micheile on Unsplash

It is easy to forget it is a long game for most people.

Income -> savings -> investment -> financial freedom

It is a journey and it is a long game.

We need to increase our income. No one can save if they can only get their ends met.

We need to increase our savings % against income. Here we can have some control. Once we meet our basic needs, we can decide to spend less and save more.

We need to put our savings into investment. Here is where uncertainties kick in and they could be overwhelming. I know people who made big bucks in investment and I know people who only expect to beat inflation by investing (They have fat pay-checks enough to get them where they want to be, without the need for investment returns). I of course know people who has lost big in investment, a.k.a ME!

But financial freedom can be quite certain with time if we just keep at it and stay vigilant.

Photo by Daniel K Cheung on Unsplash

However, it is easy to forget it is a long game.

That is why we feel confused and frustrated, we give up and change course, ad we suffer loss and delay the achievement of our financial freedom.

To me, reading is a good reminder.

There are tons of books on this and some are really basic and anyone can understand and follow.

Quickly glancing through them wont take much time, but serves as a great reminder.

Photo by Erik Mclean on Unsplash

And a long game requires a different approach to do well from a short game.

It requires much more consistency, persistence and patience.

Sometimes, doing nothing is the best strategy.

Good thing is that anyone can do it if they really believe in it and want it.

That is good news for commoners like us!

So no excuse if we cannot do it for ourselves.

--

--

--

Top-tier consultants seeking life purpose and self-realization

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Top Reasons why fixed asset verification is vital for your business

Anyone else have their mortgage sold to www.mortgagequestions.com?

Exceptional Personal Finance Podcasts, Hosted by Women

Is there a payday loan company that let’s you use your saving account?

Five Things Rich People Don’t Want You To Know

Why Should You Bother To Invest?

My Market Transactions — Wk 3 2021

How to apply for a 1000 dollar loan while not evidence?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
T MINDS

T MINDS

Top-tier consultants seeking life purpose and self-realization

More from Medium

MY IKIGAI : WRITING ABOUT NFTs

Key Takeaways from Rich Dad Poor Dad by Robert T. Kiyosaki

Is Shiba a good investment 2022?

Get a free crypto valued at $1 by developers. Crypto or NFTs, I don’t Know.