Developing a longterm financial mindset from "summary" of Dhan-Sampatti Ka Manovigyan (The Psychology of Money - Hindi) by मॉर्गन हाउज़ल
To truly understand the concept of developing a long-term financial mindset, one must first recognize the importance of thinking beyond immediate gratification. It is all too easy to get caught up in the desire for instant wealth and quick returns, but true financial success is built on a foundation of patience and discipline. By adopting a long-term perspective, individuals can avoid making impulsive decisions that may provide short-term gains but ultimately lead to long-term financial instability. This mindset involves setting clear goals, creating a strategic financial plan, and sticking to it even when faced with temptations to deviate from the plan. Furthermore,...
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