Applied Principles #5 – Be prepared to change your thinking


Money for Life Applied Principle #5 – Be prepared to change your thinking

Starting something new often takes a few adjustments in the way you think or act.  A new diet may require different shopping, cooking and eating habits.  The same is true for implementing a new budgeting or spending management program.  You will need to adjust the way you think about money and spending.

“Albert Einstein once said, “The significant problems we face cannot be solved at the same level of thinking we were at when we created them.”  If you want to become financially fit, you need to be prepared to think differently than you have in the past. You have to be prepared to look at things differently than society does.”

Adjusting your thinking isn’t always an easy thing to do.  It will take determination and discipline, as well as dedication. Most importantly perhaps though is a willingness to learn and keeping an open mind.

“If you are prepared to adjust your thinking, you will begin to see solutions where before you only saw problems. You will be able to learn from the experiences of others-both good and bad. Ultimately, you must be prepared and willing to incorporate new thinking into your financial life. As you do, you will make substantial progress toward becoming financially fit.”

It’s important to remember that change takes time.  Don’t expect everything to change overnight. Don’t get frustrated and give yourself some time to adjust to new budgeting methods and new ways of thinking about your money and your spending.

Contains excerpts from Applied Principle 5, Money for Life, by Steven B Smith