by Jaynee Sasso
An unwillingness to submit to the process necessary to achieve financial success leaves people fiscally broken and confused. Many of the financial wounds incurred along their journeys are the cumulative result of many attempts to take short cuts to achieving goals.
Financial success is a process.
It requires that we have faith in our abilities to succeed.
It requires that we remain focused on our goals and submit to the process of transitioning from one level to the next.
Our lives consist of a series of cycles and seasons. The time that your vision will unfold cannot be hurried. The meaning of prosperity and financial independence is not only having a lot of money in the bank but also the ability to overcome various challenges.
Success happens in stages. So first, you must begin the process of establishing a foundation. One strategy of traditional financial planning encourages people to just jump into the money game by leaving their future in the hands of a fund manager. However, I suggest step one should be learning more about economic history so that you can better understand the perspective by which today’s monetary system evolved and currently operates.
Taking time to do a little research, you will find that financial crisis is nothing new, but is often a consequence of the uneducated being exploited and individuals in positions of power underestimating the devastating effects of their deceptive practices. Once we accept the fact that there is no easy way to get rich, the sooner we can begin to submit to the process necessary to get in position to become financially independent and make better choices.
You must also increase your understanding of the financial markets to better anticipate where they are headed in order to make the best decisions for your future. Patience and endurance is what separates the winners from the losers. It has been said “Easy come, easy go.” As I review the world’s economic history, the more truthful this statement becomes to me. A fool and his money shall soon part; hence the economic crisis of 2007 through 2009. Both rich and poor played the part of the “fool.” It is apparent that a person’s ability to get ahead has nothing to do with how much he has or doesn’t have. Instead, it is her character that enables her to rise to the top and remain there. Strong character, a proactive stance on education and steady decision-making allows one to be free to grow and gain access to life’s best.
Internet Resources:
Federal Reserve www.federalreserve.gov
Museum of American Finance www.moaf.org
The U.S. Treasury www.ustreas.gov
Books:
The Wall Street Journal: Complete Money & Investing Guidebook by Dave Kansas
The Ascent of Money:A Financial History of The World by Niall Ferguson
