When it comes to building wealth, there is no quality more important and more crucial, than the quality of discipline.
Discipline is like the warm host, who opens his house and invites in all the other key character traits such as perseverance and fortitude.
Simply put, if a person cannot even control his spending, he can forget about achieving financial freedom.
Discipline means having a strong will and being in charge of your own life. It means delaying that gratification urge and saving up for a rainy day. It means staying true to your investment strategy and not getting swayed by Mr. Market.
Discipline involves sticking it out with a well-drawn plan and putting it into action. You may have the lofty objective in mind, but without execution and executing it well, it will always remain just a dream.
Discipline may invoke discomfort and temporary pain. ......