Every action and shift in perspective can change our lives forever.
But one of the biggest eye openers is when we open ourselves to long-term thinking.
Sure, some people think they are long-term thinking. They think in terms of bi-weekly, when they get paid. But that’s not it.
It’s the mindset of people who live paycheque to paycheque. And seeing how people are so stressed out, that’s not a life I’d personally want to live.
What I’m talking about with long-term thinking is thinking in terms of a month at the minimum. Thinking at least in that length is actually quite effective when you think about it.
Let me show you how it can benefit you and how you can get this all started.
Thinking Long-Term Is A Money Saver
We live in a world of instant gratification, where our immediate happiness takes priority over our future.
As a result, we’ve become terrible people at managing money. A lot of the problems that we do have with money management though can be fixed with long-term thinking.
Time and again, we dwell on what makes us happy immediately rather than paying ourselves first by putting money into savings. It’s clear we’re not thinking that far ahead and focusing more on what could make us happy right now.
That’s why thinking long-term can help us.
Thinking long-term forces us to think about the bigger picture. It’s why people who are generally paid monthly — a rare thing these days — tend to be better money managers. They have to stretch one paycheque over a month.
Although some say it puts a strain on people, I’d say over time, it helps to get people thinking long-term which is better.
Thinking Long-Term Exercises Patience
Another important aspect is thinking long-term allows us to be patient. The fact that we can go out today and do just about anything is incredible. However a lot of people take advantage of that and over time grow impatient and want things to happen right now.
The reality though is things take time. A business doesn’t grow quickly right from the start. If that were the case we’d see many more businesses.
If there were an easy way to make money, everyone would be doing it.
But because all work takes time, not every person is willing to go that distance. They would rather coast through life rather than thinking about the long-game.
It’s dangerous thinking and can easily ruin lives or at the very least stall you for a long time. I of all people know this because I’ve been guilty of jumping into things too quickly only to realize afterwards that was a bad idea and should’ve waited.
How To Think Long-Term
Thinking long-term has many other benefits, but I’d like you all to experience them yourselves. As such I want to leave you with a few questions.
It’s these questions that will prompt you to think further ahead as you grow and progress.
No matter how old you are, there is always time for you to think farther down the road.
What is your ultimate goal?
What advice would you give yourself 3 years ago?
What opportunities are you looking for? How will they help you?
What are your current obstacles? How long do you think it’ll take to fix them?
In the end, asking questions prompts can do all manner of things and long-term thinking is simply a state of mind. No longer are you settling for short-term gains. Although that’s not stopping you from indulging a little, your main focus is to do the things that’ll push you forward and farther than any instant gratification would.
That is how long-term thinking works.
To your growth!
Eric S Burdon
This post is part of an 3 month writing challenge that I’m committing myself to. Every day for 3 months, I’ll be writing articles with specific criteria in mind. You can learn all about my reasoning as well as what that criteria is right here. This is 63 of 91 of this series.
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