Not Setting Goals
If you don't know where you're heading and how you plan to get wherever you want to go, you'll probably never arrive. To accumulate wealth, you need a plan.
To be motivated to save money, you need something specific to save for. To succeed in accumulating wealth, write your goals down and visualize them, whether they're a relaxing retirement, a mortgage-free home, or an unforgettable vacation. It doesn’t matter. But you have to have a plan and follow it through being as specific about it as you can.
In part 2 of my 7-Part eCourse that you can subscribe to on my web site, I discussed how to create a winning trading plan and said:
Without A Plan Your Chances Of Trading Successfully Are Substantially Limited!
Well. It’s exactly the same here.
All wealthy people have set themselves goals. If you've read the book "Think And
Grow Rich" by Napoleon Hill, you'll know what I'm talking about. If not, then I
recommend that you read it. It's awesome!
Some time ago I received a very nice quote:
Whatever you hold in your mind, you move towards!
That’s one of many secrets of goal setting.
Next in line is
mistake No.4: Incurring Too Much Debt.
Loads of success and all the best!
Ricky Schmidt
www.stockbreakthroughs.com