Financial integrity is one the most important subject that can literally make-or-break your happiness and financial success.
Here are a couple of examples where people are commonly out of financial integrity:
Wealth is built by spending less than you earn, but your savings don’t grow each month.
Lackluster investment performance is holding people back, but people do not prioritize time each day to learn how to improve the return on investments
Tracking the numbers and accountability is essential to long-term success, but have no personal financial accounting and no formal way to manage investment portfolio.
Achieving financial freedom but allow oneself to be intimidated, thus getting nothing done rather than attacking it one bite at a time so that you make consistent, incremental progress every day.
If you relate to any these examples?
There are many more wayst to live out of financial integrity, but the ones listed think willgive you the point.
It is not rocket science if you want to build wealth and achieve financial security. It is pretty straight forward, you need to spend less than you earn and invest the difference wisely.
The problem isn’t knowing what to do: the problem is actually getting it done.
Very few people prioritize their resources (time and money) so that they walk the talk every day, and that’s why so few people succeed financially.
You live in financial integrity when you actually do what you know you should do to honor your value for financial security. You’re out of financial integrity when you don’t (most people). One path results in wealth – the other doesn’t.
This is an important point with important implications because it means you either spend a portion of each day taking actions to honor that value, or you’re living out of integrity.
Stated another way, if I want to know how long it will take someone to attain financial security, all you need to do is look at how much of their time and money each day is dedicated to the goal. It’s as simple as that..
Here is another thing, you can never be happy as long as you live out of integrity with your values. The incongruence works at a deep level to undermine your well-being.
The result is less satisfaction with your life. It’s simple cause and effect. There’s no way around it – you’re hardwired that way at birth.
In short, you can only be fully happy when you structure your life so that you live according to principles that result in financial security… because those are your values. Anything else will lead to frustration and problems.