Unless you come from extreme wealth or win the lottery, the only way you will reach financial independence is by taking full responsibility for every aspect of your finances.

This causes you to get into action and correct and adjust your plans until you reach your goal.
You must build your wealth like an entrepreneur builds a business: “if it's got to be, then it is up to me.”

You are solely responsible for organising your life so that wealth accumulation is a habit. Nobody else will do it for you.
You are the one that determines the priority of your spending habits and whether your lifestyle lags your income or not.

You are the one who determines whether you start today or procrastinate until tomorrow.
When you take the right actions with consistency it will get you the desired result.

Financial security becomes a question of “when” – not “if.”
Similarly, you are responsible for the investment growth you create whether you hire an investment manager or make investment decisions yourself.
You can't just blame the gov’t, your broker, market conditions, bad luck, or anything else.

You made the decisions therefore the results are yours to own.

That is how you learn from your mistakes and make better decisions the next time.
Some people feel intimidated by the idea they are fully responsible for their results, but in fact, it is an empowering concept.

It means that no matter what your results have been to date, you have the power to turn it around beginning right now.

You are in charge.
Nobody else is doing it to you, and nobody else will do it for you.

You decide what your financial results will be by the actions you take daily. Your financial bottom line is you make the decisions: you are responsible.

You own the results.
That is the only way to achieve true financial security.

Contact us on [email protected] for your investment management needs.
You can follow @LuthuliCapital.
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