The road to financial independence is a journey of personal transformation. We start by improving ourselves, making difficult choices to change our behaviours, mindsets, and habits—an important first step we all must take. We reduce impulsive spending, start saving, and focus on investing—exactly what you should be doing.
But what happens when all that hard work feels like it’s getting you nowhere? You’re making progress, but it’s slow, and occasionally it feels like you’re just going backward. This frustrating cycle is common, and it occurs because simply working on yourself isn’t always sufficient. To take control of your finances and build lasting freedom, you must master two key principles.
The First Law: Stop Sabotaging Your Own Finances
You have already begun this task. It involves accepting extreme accountability for your own financial choices. It is up to you to decide how to spend your pay cheque, whether to take on debt, or whether to save and invest for the future. To learn how to save the right way, read our detailed blog here.
This law is to establish a solid internal foundation. It all comes down to integrity, self-control, and a dedication to your financial objectives despite difficulties. You secure your own financial future from the inside out by kicking bad habits and forming new ones.
The Second Law: Don’t Let Others Sabotage Your Finances
This is where many people get stuck. You’ve worked hard to fix your own financial life, but now you face external pressure. Family, friends, and colleagues will inevitably ask for help—for loans, to co-sign, or to cover expenses.
While it’s natural to want to help, doing so without clear boundaries can quickly dismantle all your progress. Their bad decisions can easily become your problem. This law is about setting clear boundaries and protecting your financial journey. It’s not selfish; it’s smart. You can’t help others effectively if you haven’t first helped yourself.
The secret to ending the frustration cycle is to become proficient in both of these laws. Protecting your progress from other people’s decisions is just as important as correcting your choices. You can finally take charge of your future when you master your financial environment, both internal and external.