4. Poor Financial Habit
Origin
More focus on Solving Problems Less focus on Creating Opportunities
Hospital cashback Avoiding to take responsibility:
Stokvels & Burial societies Someone will sort it out
Failure becomes a reality Achievement becomes a taboo
Inability to separate wants from needs
Emotional vs. Mental Investment
6. Attitudes that feed Financial Failure
1. Stuff is just as good as money.
2. I’ll start saving when make more money.
3. Time is on my side.
4. Little things don’t count.
5. Debt is no big deal.
6. My lifestyle should constantly improve.
7. Developing a good Financial Habit
For as long as SUCCESSFUL people
don’t do what the
people do, they will remain
SUCCESSFUL.
-+-+-+-+-+-+-+-+-
For as long as people
don’t do what the SUCCESSFUL people
do, they will remain .
8. …when the heart has decided, then the Mind will make some influences.
Successful Unsuccessful
Unfavorable conditions
vs. Desire
Mobilize Immobilize
…Ultimately the body gets to work in favour of the mind.
Life
Become
Living
Me- Me- Persist
Me-Self
Work Dreams Ability refrain
Gain
Have Loose
Isaiah 52: 1-2 Whatever you want wants you
9. Developing Financial Stability
1. Determine your financial goals
2. Analyse your financial status & resources
3. Draft a financial plan (save/extra)
4. Act on your plan
