We have all made terrible mistakes in the past. The question is, how do we keep them in the past? How do we prevent them from affecting our lives? How do we prevent them from standing in the way to a better future?
Past mistakes are not going anywhere. They are part of our lives. What we can do is to reduce the power they have over us. How can we do that?
If you want to enjoy today, if you want to live a happier life, keep your past mistakes in the past. That does not mean you should forget them. That is not what I am talking about. Don’t let them disrupt your life. Control them by controlling how you think about them.
If yesterday’s mistakes are still holding you back, if they are still pulling you back, do one thing: never turn back, always forward looking. If you turn back, then the power of yesterday’s problems will bring you down. Don’t allow that to happen. Focus on today. Concentrate on what you are doing today, and don’t let the past steal your future away.
You have a better life ahead of you, so protect it.
One of the purposes of going to work, of managing a business or owning a business is to make money. It is to accumulate wealth. It is to increase profit. It is to help others. It is to make the world a better place.
The question is: “How can we save money and live a better life?”
There are three proven ways that successful people have used to accumulate wealth. They are:
Make more money. I know it is hard to make lots of money, but you can make money if you are committed to making more. When you make more money, save more money. Put money aside for tomorrow. Don’t spend everything in one day. Don’t invest it in a business or venture you don’t know nothing about. Before you do that, consult with experts. The more money you make, the easier it is for you to save money. If you make more and you cannot save more, check what you are doing wrong.
Spend less. To accumulate wealth, you must learn the art and science of saving money. If you don’t know how to keep money, learn it. You don’t need a degree in finance to know how to save money. The less you spend, the more you will have to put in your savings account. Once you put it there, just get out! Don’t touch it.
Don’t borrow more than you can pay. It is good to borrow money to expand your business. But it is not good to borrow what you cannot pay back. If you do, you will never accumulate wealth, because all your net income will be going into repaying your debt. As a result, you will find it difficult to save money. Manage your credit well.
Don’t spend your profits. In personal finance, it means don’t spend your savings. It means don’t spend the money you keep for tomorrow. In business, on the other hand, it means don’t spend your profits. Your profits are what you will use in expanding your business. If you spend them, for sure, your business will remain in the same position. If you don’t spend your profits, your profits will continue to grow. This is the game of wealth accumulation. Let us play it well!