Lack of financial discipline.

Hi everyone , I want to quickly talk about my own personal experience concerning money and the financial discipline as a whole and my observation towards it..

Long time ago I used to earn so well via a business I was doing at that time , my earnings was not very huge but it was enough to take care of myself and my family and be able to save more and become financially free but sadly this did not happen.. why?? Because I was lacking the financial discipline that would have helped me to be able to save more and spend less..

Lack of financial discipline is when you do not have a great responsibility and an accurate way to manage your finances/income in a great way that will help you to be able to avoid getting very broke , that will help you to be able to save money from whatever income you earn..

Image source

The lack of financial discipline made me to start spending more and saving less , I was overspending , I was spending more on liabilities and spent less on assets , I was spending more on my wants and not my needs..

It really affected my life in the past and it all felt like I had nothing to show for several years of hardwork..anyways I have learnt my lessons and I have seen the importance of becoming financially disciplined..

Please ensure you are financially disciplined , always learn to understand that it is very important for you to always focus on managing your finances well , do not spend to impress others because that is one of the biggest factor that made me to lack financial discipline , I was spending more than I should spend simply because I want to impress others...

Great management of our finances can help us to be able to create wealth from whatever we earn , you can earn big and still not be able to save money if there is lack of financial discipline..