Setting clear financial goals can provide direction and motivation for achieving them from "summary" of The Concise Psychology of Money by Morgan Housel
When it comes to managing money, having a clear sense of direction is crucial. Setting specific financial goals can act as a guiding light, helping you navigate the complexities of personal finance with purpose and determination. Without clear objectives in mind, it's easy to feel lost or uncertain about where you're headed financially. By defining your financial aspirations, you give yourself a tangible target to work towards. This can provide a sense of motivation and focus that might otherwise be lacking. When you have a clear endpoint in sight, it becomes easier to make decisions that align with your long-term goals. Moreover, setting ...
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