7 MISTAKES PEOPLE HAVE HIGH INTELLIGENCE QUOTIENT NEVER MAKE TWICE (PART 2)
Everybody makes mistakes, that’s a given, but not everyone learns from them. Some people make the same mistakes over and over again, fail to make any real progress and can’t figure out why.
4. Operating without a budget
You can’t experience financial freedom until you operate under the constraint of a budget. Sticking to a budget, personally and professionally, forces us to make thoughtful choices about what we want and need. Smart people only have to face that insurmountable pile of bills once before getting their act together, starting with a thorough reckoning as to where their money is going. They realize that once you understand how much you are spending and what you are spending it on, the right choices become clear.
A morning latte is a lot less tempting when you are aware of the cost $1000 on average per year. Having a budget is not only about making sure that you have enough to pay the bills, people have high intelligence quotient know that making and sticking to a strict budget means never having to pass up an opportunity because they have blown their precious capital on discretionary expenditures. Budget establish discipline and discipline is the foundation of quality work.
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5. Losing sight of the big picture
It is so easy to become head-down busy, working so hard on what’s right in front of that you lose sight of the big picture. But smart people learn how to keep this in check by weighing their daily priorities against a carefully calculated goal. It is not that they don’t care about small-scale work, they just have the discipline and perspective to adjust their course as necessary. Life is all about the big picture and when you lose sight of it, everything suffers.