Part 4/9:
Reflecting on personal experiences can help entrench these habits. Many successful individuals started with very modest means, practicing extreme frugality. Finding shared accommodations and cutting unnecessary expenses can dramatically improve savings rates.
Step 2: Shifting Mindsets
A critical part of overcoming financial struggles is adopting a victor mentality rather than a victim mindset. Recognize that you are in control of your financial health regardless of past circumstances or poor decisions.