Discipline is necessary for achieving financial goals from "summary" of The New Psychology of Money by Adrian Furnham
Achieving financial goals is not an easy task. It requires a significant amount of effort and dedication. One key factor that plays a crucial role in achieving financial goals is discipline. Without discipline, it is easy to stray off course and lose sight of the end goal. Discipline acts as a guiding force that helps individuals stay focused and committed to their financial objectives. In the world of finance, discipline is essential for making sound decisions and sticking to a financial plan. It involves setting clear goals, creating a budget, and adhering to it. Discipline also means resisting the temptation to overspend or make impulsive purchases. By exercising discipline, individuals can avoid unnecessary expenses and save money for the future. Fu...
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