Expectations
After reading numerous books, I have concluded that anyone can earn millions of dollars in their lifetime. Over the years, we have seen many people who do not earn high salaries but have been able to save millions of dollars. I came across a fascinating story of a janitor who saved millions of dollars, which changed my perspective. I realized that when people say they want to have millions of dollars, they often mean that they want to be able to spend millions of dollars and not have millions of dollars, which is a different goal altogether.
When people talk about becoming millionaires, they simply mean being able to afford certain luxuries, rather than actually having a net worth of a million dollars. They want to be able to buy their dream cars, homes, and lifestyles. Some people aren't even striving to become rich, but as we become wealthier, our perspective changes. Instead of just focusing on building our wealth, we focus on spending it. At this point, we could spend a lot and still be considered "millionaires."
The story of the janitor shows that why most people can not save thousands talkless of millions is because we all focus on meeting our expectations quicky
One of the main reasons why some people are able to build wealth from scratch is because they don't focus too much on expectations, whether it's their own or other people's. Many individuals tend to get derailed by these expectations, which can ultimately ruin their plans. The first mistake that people often make is to put too much emphasis on what others expect of them. For example, let's say you're a janitor who's been doing that job for years. Once you start making money, you may feel the pressure to leave that life behind quickly and show others that your life is changing for the better. This is something that happens to everyone, as soon as they start earning money, they feel the need to meet the expectations of those around them.
When upgrading, it's important to consider what you can realistically afford rather than trying to meet the expectations of others. It can also be hazardous to set unrealistic expectations for ourselves based on the success of those around us. When we start earning more money, we may feel pressure to meet these expectations, but it's important to remember that they may not align with our overall plan or goals.
Taking a gradual is better than trying to skip the process
Managing expectations can be challenging as emotions often get in the way of making rational decisions. When it comes to money, it's crucial to avoid making impulsive decisions driven by emotions. By keeping our emotions in check, we will be better equipped to develop a plan that aligns with our own expectations rather than trying to meet the expectations of others. This is important because setting unrealistic goals can lead to disappointment and frustration. By focusing on our own goals and managing our emotions, we can make better decisions and achieve greater success.
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Having too much expectations leads to disappointment and it is what happens. In my years of living, I have come to understand that trying to meet up with the pressures people are placing on you just to see you succeed rather than focusing on your goals can lead to hasty decisions and steps that could be hazardous in the end. It is better not to let the pressures stops you from taking the right step to succeeding.
Most people fall for this trap which is the main reason they cannot reach their full potential.
This is why I don't listen to every demand placed before me because no matter what you can't satisfy the masses. Too many expectations keeps you on the low and makes you feel less appreciated for what you have done even when you try so hard to meet up with the demands
It leads to the feeling of not enough and we tend to focus on quick results which leads to a waste of time and money
For sure but am glad you try to broaden our knowledge on this things and how to go about it
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STOPExpectations are hard to control. We all want our lives to be better but trying to generate wealth takes time/effort. There are only so many things that people can do and the best they can do, is try to control it. It depends on people's goals and if it's to generate wealth, then they need to cut back for that goal.
Unrealistic expectations can be a major cause of lifestyle inflation. I think it's normal for people to want to upgrade their lifestyle when they start earning more but how they do it seems not to be the right way. I agree that doing it gradually is a better way, slowing moving away from your old way of life into a new way of life.