Saturday, 18 September 2010

Farewell to the medieval mentality (Part 2 of 7)


People in the Middle Ages focused on immediate advantages and lacked long-term plans. A peasant in the 12th century would not have viewed a good harvest as an opportunity to save money, move to the city, and start his own business. In his mind, a good year was just a temporary escape from misery, not a step towards a better situation.

Our age offers almost unlimited opportunities to those who possess ambition and initiative, but it demands a radically different philosophy. Unless you acquire sound financial habits, chances are that you won't be able to seize those opportunities.

Unfortunately, not everybody makes the effort to pursue improvement. If you doubt my words, ask yourself the following questions: How many people save regularly in order to achieve financial independence? How many make to-do lists regularly? Material growth is linked to psychological development. Wealth is the consequence of vision and persistence.

To be continued in Part 3

[Text: http://johnvespasian.blogspot.com]

[Image by R.Duran under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

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