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How Entrepreneurs Can Benefit From Frugality
The law of cause and effect governs supreme the affairs of the world. Nothing escapes its reach, no one circumvents its application. The same principle that brings perspective to centuries shapes the microcosm of daily life. What you do today builds tomorrow's structure and level of pay.
In addition to economic returns, frugality brings about substantial psychological advantages to the individual. Stress and anxiety remain foreign to the parsimonious. Discouragement and fear stay away from the house of the austere. If you live this way, these are some blessings to expect:
1.- PEACE OF MIND. Worries do not keep awake at night those who live their days with measure. Leading a simple life spares man the effort of following the latest fashions. By quickly dismissing artificial alternatives as inappropriate, we are left with the fundamental. Serenity is the result of simplification.
2.- FAST AND CONSISTENT DECISIONS. Trusting your own judgement more than external opinion allows your skills to grow through success and mistakes. Stable values and sharp priorities are the prerequisite of frugality. Decisiveness is the will to recognize and reject the drawbacks of inconsistency.
3.- RISK REDUCTION. A judicious man should protect himself when at risk, but is it not wiser to avoid danger in the first place? The tension of making daily complex choices can wear out the most balanced mind. Adopting simple ways of doing things reduces errors of oversight. Shunning unnecessary costs keeps exposure to chaos low.
4.- MORE ENJOYMENT OF LIFE. Ignoring the noise of the world liberates time and other resources. Priorities lose their meaning in overgrown agendas. Frugality enables man to breathe free of encumbrances and focus his efforts on the basics. Happiness is not the result of cumulating random tasks, but of concentration on projects that make a difference.
Leading a simple life allows man to accumulate wealth and the peace of mind that comes with it. The material advantages of frugality go hand in hand with its psychological benefits. Discarding the unnecessary lets individuals pay attention to the crucial elements of a good life. Making wise choices starts with the realization that most things don't count.
JOHN VESPASIAN writes about rational living and is the author of the books "When everything fails, try this” (2009), ”Rationality is the way to happiness” (2009), “The philosophy of builders” (2010) and “The 10 principles of rational living” (2012). He has lived in New York, Madrid, Paris and Munich. His stories reflect the values of entrepreneurship, tolerance and self-reliance. See http://johnvespasian.blogspot.com a blog about rational living.