Strategies Vs Your Mental Attitude: Which One Helps You Attain Financial Freedom

Director Alex Proyas and Lionsgate suffered a huge loss after Gods Of Egypt bombed at the box office. The film had a stellar star cast and a huge production budget of $140 million. On paper, the movie was brilliant. But the execution of the movie was bad.


Result – Audience didn’t like the movie


The moral of the story – Strategies won’t help to reach success unless you have the right mindset. Money was spent like water but ultimately it was an inferior film. The movie was not made with the right mindset.


Movie directors and producers still can take stakes but average middle-class Americans can’t. Read the next line and try to understand it.


Strategy can guarantee only 20% of your financial success while mindset is 80% part of your outcome.


2 Real life scenarios – Why you need to have the right mindset


First scenario

Becky is a dreamer. She wants to be a financially independent woman one day. She immediately buys a book about wealth creation strategies. She reads the first 60 pages of the book and gets inspired. She is 100% convinced that no one can stop her from being a rich woman. She looks at her savings and then makes her first investment.


Becky’s first investment is a disaster. She fails miserably. Maybe if she read the whole book and understood all the strategies properly, then such an incident might not have happened. Her poor mindset ruined her chances of attaining financial freedom.


Second scenario


Let’s assume you meet Bill Gates one day. Finally, your dream has come true. You’re on cloud nine. Finally, you can learn so much about the strategies to be a wealthy man or a woman from one of the richest guys in this world. You could think that success is just around the corner since you’ll be learning strategies from none other than Bill Gates, a tycoon who commands respects across the globe. Well, it’s true if you have a good mental attitude. However, if you’re fickle minded, not committed, and impatient, then those strategies won’t help you.


1. When you’re not committed or dedicated


You have to be disciplined and committed. You have to work on the strategies for a long time. You have to match your vision with proper action. If you stay dedicated only for 2 months, your hard work will go in vain.


You need to be patient and focused. Most successful people have a positive mindset and they are patient.


2. When you’re impatient


Overnight success isn’t possible. When you’re impatient, you’ll wish to get success instantly. When it won’t happen, you’ll get frustrated. You’ll start thinking it’s pointless to work on strategies. You’ll lose interest and stop implementing the strategies.


The final verdict – Big strategies with a poor mindset or a negative mental attitude won’t help you reach your goal.


What shapes your mental attitude


Your mental attitude is formed with the experiences you gather in your life and the way you interpret them. The books you read, the songs you listen, the people with whom you interact, the subjects you discuss, the happy/sad events that have happened in your life, the habits you nurture; all these things shape your mindset. The education you get from your family and the friends you have in your life also plays a big role in creating your mindset.


A positive mental attitude can help you overcome several obstacles and attain financial freedom. But a negative mental attitude can have a disastrous effect on your financial health.


How you can have the right mental attitude


Having a positive mindset is like having a good car. If you have a good car but have no fuel, you can’t go anywhere. Likewise, if you have the best strategies written on a piece of paper, but no mindset at all, then you won’t get success.


Here are the few ways to build a positive mindset and attain financial freedom.


1. Stay committed: You have to make a lot of sacrifices to achieve financial independence. You have to make a financial plan and stick to it. You have to follow that plan every month.

2. Be patient: It isn’t easy to be financially independent. It takes several years of budgeting and careful spending to attain freedom. Are you ready for that? If so, then you have to be patient. First few strategies may fail due to various reasons. This doesn’t imply that the other strategies won’t work. You have to keep on trying.


3. Be broad-minded: Don’t be too rigid. You should be open to new ideas and positive criticism. Sometimes, it pays to look at things from a different perspective. Reconsider everything you have learned till date.


The final advice


Stay focused on your goal. Take action every day so as to meet your financial goal. The best advice is to have a combination of powerful strategies and a positive mindset.

There is yet another piece of advice for you. Please ask yourself what you want in life before chalking out the strategies. There are many people who work hard to acquire wealth. But the irony is, when they do become rich, they feel depressed. Many celebrities are depressed in spite of having enough money. I guess that they never wanted to be rich or famous. May be they want something else in life. As a result, they become frustrated and depressed.

What do you want from life? Find out the answer to this question first? Do you want to be rich or do you want something else from life? Are you willing to give your best shot? The answers to these questions are extremely important.

There is yet another piece of advice for you. Please ask yourself what you want in life before chalking out the strategies. There are many people who work hard to acquire wealth. But the irony is, when they do become rich, they feel depressed. Many celebrities are depressed in spite of having enough money. I guess that they never wanted to be rich or famous. May be they want something else in life. As a result, they become frustrated and depressed.


What do you want from life? Find out the answer to this question first? Do you want to be rich or do you want something else from life? Are you willing to give your best shot? The answers to these questions are extremely important.

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