Monday 28 October 2013

Law 9: Discipline: Control yourself and your desires or urges for instant gratification

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According to Johnnie Cass discipline constitutes a very important mind-set in its own right.

To be successful, you must choose a strategy [Law 25] and stick religiously to it. This means not spending more than what you gain. At best fix a percentage of your income to spend. If yours is to spend 70% of your earnings, be disciplined enough to do exactly that and don’t touch even a percent more. The wealthy are very good at this, no doubt they remain rich.

Discipline is also knowing which offers to accept and which to decline. Ignore anything that seems too good to be true, such those about how you can be a millionaire in 10 minutes, or without lifting a finger and the scams, especially from Nigerian princes.

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