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Be patient from "summary" of The Automatic Millionaire by David Bach
Patience is a critical component of achieving financial success. Most people want instant gratification when it comes to their financial goals, but building wealth takes time. It's not something that happens overnight, but rather through consistent effort and discipline over the long term. When you're patient with your finances, you're able to weather the inevitable ups and downs that come with investing and saving. You understand that building wealth is a marathon, not a sprint. It's about making small, consistent steps towards your goals, rather than trying to get rich quick. Being patient also allows you to take a long-term perspective on your finances. You're able to see beyond the short-term fluctuations in the market or in your bank account, and focus on the bigger picture. This long-term mindset is essential for achieving financial security and building wealth over time. Patience also helps you avoid making impulsive decisions that can derail your financial plans. When you're patient, you're less likely to give in to the temptation of spending money on things you don't need or making risky investments. Instead, you're able to stick to your financial plan and stay on track towards your goals.- Patience is a key trait of successful wealth builders. By being patient and staying the course, you can achieve financial security and build wealth for the future. It's not always easy to be patient, especially in a world that values instant gratification, but the rewards of financial patience are well worth the wait.
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