Frugal people tend to have some qualities that are not usually easy to find in lots of people. Saving Money is a marathon, not a sprint, so you will need more than luck to put a few dollars in the piggy bank. Autodiscipline, proactivism and the ability to prioritize are some of the traits of frugal people.
Habit One: Be Proactive
The first habit to develop is to take responsibility; if you fail, you have no one to blame but yourself. Regardless of how you were raised or how you were treated at school, you can choose your behavior now. Being proactive means understanding that YOU are in control of your day-to-day interactions, and thereby, the direction your life takes. This is in stark comparison to a reactive person, who is often affected by their environment and will find external sources to blame for their behavior. For example, if the weather is good, they’re in a good mood, but if the weather is bad, it affects them and they blame the weather for their bad mood.
Habit Two: Begin with the End in Mind
Those who are effective in achieving their goals are able to envisage their desired end result in spite of the obstacles. Effective people adhere to this habit based on the principle that all things are created twice; there is first the mental creation, then the physical creation. The physical creation follows the mental creation the same way that a building follows its blueprints.
If you don’t visualize what you want, then you’re at risk of other people and external circumstances influencing your life — because you’re not influencing it yourself. Instead, begin every day and every task with a clear vision of where you want to go and how you’re going to get there. Make that vision a reality with your proactive skills from habit one.
Habit Three: Put First Things First
Knowing WHY you’re doing something is an incredible motivator in helping you transform a mental creation into an actual physical creation of your goal. Ask yourself what the things are that you find most valuable and worthy to you. When you put these things first, you’ll be organizing and managing your time around your priorities to make them a reality.
For many people, it’s hard to say no, but this is exactly the skill you have to learn to keep your goals as your first priority. While we are constantly told we can have it all, in reality, having it all is really about prioritizing what is most important to YOU to have, and then focusing on that.
So the next time you’re tempted to think of a frugal person as stingy or cheap, you may want to consider that she is not hoarding her pennies, she is proactively funneling them to where they are needed most.