Many of us have big financial dreams. We like the idea of having plenty of money in the bank and having the freedom to do what we want.
But making those dreams a reality is tough. Frequently, there’s a lot of work involved. What’s more, we can often tell ourselves stories about our future chances of success - most of which are negative.
Giving up on your financial dreams sometimes seems like the sensible thing to do. After all, you want to enjoy your life now and not worry about the future. But there are consequences, both today and when you come to retire.
In this post, we take a look at why you should never give up on your financial dreams and what you can do to keep the passion alive.
You Lose Focus In Your Life
You don’t need financial success to be happy. But at the same time, rejecting money just because you’ve found happiness somewhere else seems counterproductive. Why not have both?
When you give up on your financial dreams, your life tends to lose focus. You find yourself passing the days slowly. This has a cost. It means that you’re not pushing boundaries or getting out of your comfort zone to do new things in your life. And that’s sad. Ideally, you want to explore the world and see what you’re capable of doing. If you don’t, it could be a wasted opportunity.
You Miss Out On Opportunities
Did you know that it takes the average millionaire about 30 years to get there? That’s because it’s a long hard process, with many ups and downs. It’s rarely a straight line.
The vast majority of people give up along the way. They get twenty years into the process and wonder whether they’re ever going to achieve their financial goals. It all seems too much for them.
Unfortunately, this attitude causes people to miss out on opportunities. When you give up on your financial dreams, you stop searching for options that might make your life better.
The result? You wind up much poorer.
You Can’t Do Work You Love
When passion and value meet, you have the recipe for a good life. People who do what they love and serve others at the same time tend to enjoy their days more than anyone else. Franchisees, for instance, get the ability to run their own businesses, with management examples of a franchise operation including foodservice, automotive services, consultancies, child care and more.
However, if you give up on your financial goals and choose an easy life, these opportunities will pass you by. Again, your financial dreams may fail to materialize entirely.
You Let Yourself Down
Ultimately, the reason you should never give up on your financial dreams is because you’re only letting yourself down. If you don’t challenge the status quo and see what’s possible, you won’t grow as a person - and that’s lost potential.
Financial dreams aren’t just about money-making and living a life of comfort. They’re more about what you can achieve.