Motivation logo

Discipline: A Must-Do To Be Successful.

Disciplinary Decisions Towards Success.

By Iloabuchi Benedict NnakeePublished 2 years ago 4 min read
1
Pixabay

We all know that there is no one rule or formula to wealth creation. One needs a certain level of discipline to get the desired level of success in life.

Every successful man is a financially disciplined man to have arrived at that level we are seeing them.

Let me take you through the three disciplinary decisions that will keep you on track in the journey of being successful and also help you arrive safely to your desired land of milk and honey, don't forget that these same disciplinary decisions makes the rich to be richer.

This is the same discipline you need to apply to your financial life to be successful in all you do and remain successful as long as you live. Without discipline, you might discover that you are on same spot after so many years of effort.

I am going to disclose some distraction that can prevent you from getting to your desired destination of life. Getting to know those distractions is a minor case, then disciplining yourself not to fall for the distraction is a different thing and also the most important factor.

1. Discipline To Save And Invest.

We should always remember that we don't have all the years in the world to work actively, a time will come when we will not be able to run our daily activities that brings in money for us so we need to save and invest in an investment that will bring money to us whether we are working or not; we have to invest money to work for us.

When you've decided to build your wealth, you should work towards making it happen by opening a dedicated savings account. Regardless of how much you are saving on a regular basis, your savings should be scheduled in a way it will be easier for you to maintain discipline and consistency. You should also invest in low risk investments.

Now, when choosing a savings account, it is critical to look for one with low or no fees and high returns. Your hard-earned money should not be parked in a bank; rather, it should be invested to generate returns.

2. Discipline is required to ignore the Joneses.

We're surrounded by the Joneses. These are the friends and families who go out of their way to impress others. Our next-door neighbors who buy all the flashy cars, cloths, gadgets and toys for their children.

We should also learn to ignore the flashy lifestyle we are seeing on social media, most time this flashy lifestyle is from celebrities and fake people who don't really belong to the class they are exhibiting.

Being like the Joneses entails spending your meager savings which you are supposed to save on what the Joneses are purchasing.

This never-ending race to keep up with the Joneses always leads to poor financial crises that are harmful to wealth accumulation, this can make some of them even go into debt,

When deciding on what to buy, we have to be very sure we are not attempting to live our life in a way to please others or to show off. We need to be prudent in our spending if we want to be successful and acquire wealth in a way it will keep increasing.

3. Discipline to postpone gratification.

If you look around, you'll notice that we're surrounded by advertisements designed to persuade us to spend money on things we don't really need. The new cars, new shoes, new designer labels, new iPhone, the list goes on and on.

The advertisement is not supposed to get your attention if you are financially disciplined enough, when you see those advertisement, what you should ask yourself is; do I really need it? Do you really need the latest iPhone? If you say yes to that, then ask yourself how much you have invested to secure your future.

If you know you want to be wealthy someday, you should learn to put off purchasing these expensive items until you have more than enough money, that is when your investment must have yield maximum interest and profit.

This does not stop you from indulging yourself in some of life's small pleasures. The truth is that; you can always postpone purchasing luxuries until you have arrived at your desired financial goals. You must learn to live significantly below your incomes if you are on the journey of becoming successful. Only those that discipline themselves can build a good financial background for themselves.

success
1

About the Creator

Iloabuchi Benedict Nnakee

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.