Globally, these are some trying and difficult times. These times are unlike most any other times in history, We are facing social, health and economic challenges that demand a sober and sound mindset. While federal and state-level decision makers are in disagreement of how best to deal with the economic ramifications of this global crisis, on an individual level, we must be proactive and have clarity of mind for the financial decisions (and sacrifices) we may need to make. The reality is, our banking and lending institutions may not be as forgiving as we may want them to be, so it is in our best interest to have the discipline to make the tough decisions needed to weather this financial storm.

Just as before this crisis challenged our day-to-day lives, even now, your credit journey is determined by your level of discipline and perseverance. According to the well-known financial management system, Quicken, Financial discipline refers to “how well you are able to conform your spending and saving to the plans that you have set to achieve your monetary goals.” Indeed, these are some stressful times, but studies have shown that when individuals discipline themselves to live within their means, it reduces their stress levels. Just the simple act of financial discipline can significantly contribute to our sense of personal and mental wellness, in the face of this current global pandemic.

Do you see the importance of discipline? It’s been a theme that we continually emphasize and reemphasize at Empowering the Possibilities. Are you beginning to see the importance and need to talk to someone about how to get from here to there? We would love to speak with you and offer free insights and guidance on how discipline and perseverance can turn this moment of crisis into an opportunity for building toward your financial success. Contact us now, be persistent in moving toward your goals, and don’t allow anything to stand in the way of your journey to financial success–not even COVID 19!