The Law of Time Perspective:
The most successful people in any society are those who take the longest time period into consideration when making their day-today decisions.
The higher a person rises in any society, the longer is the time
perspective or time horizon of that person.
People at the highest social and
economic levels make decisions and sacrifices that may not pay off for many
years, sometimes not even in their lifetimes.
People with long time perspectives are willing to pay the price of uccess for a long, long time before they achieve it. They think about the
consequences of their financial choices and decisions in terms of what they
might mean in five, ten, fifteen and even twenty years from now.
People at the lowest levels of society have the shortest time
perspectives.
#Financiallesson
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