Using the 7 Habits® to Build Wealth ~ Habit 7: Sharpen the Saw®

In this seven-week series, we are using the book, “The 7 Habits of Highly Effective People,” by the late Stephen Covey, and applying it to the NDQ method and philosophy of building wealth.

Habit 7: Sharpen the Saw

The final habit is where we learn to take care of ourselves and our own needs so that we maintain balance in our lives. If we don’t take time to renew ourselves, we won’t be able to accomplish the lofty goals we have set for ourselves.

Where can you invest in yourself? If all you do is serve others, you will suffer neglect. Maybe taking a walk alone each morning, or planning a weekend hike or taking a cooking class you’ve had your eye on. Whatever you do, carve out time to take care of yourself. Are you eating well? Drinking enough water? Figure out what you need to do to keep your mind, body and spirit healthy and happy.

How does this work for our wealth-building efforts? Saving money and investing as much as possible can be stressful when you’re starting out. To balance the stress, it is important to have outlets that will maintain your health so that the stress doesn’t take over. Having activities that keep you balanced such as exercise, a good diet, hobbies and meditation. On the up side, once you’re able to retire at a young age, you will have established good habits and enjoyable activities that will keep you happy and healthy for the rest of your life.

NDQ

p.s. Check out the new NDQ Guide: 500 Tips the guide that will give you actionable steps to jump start your savings and investing immediately.

You may also enjoy:

New Series: Using the 7 Habits® to Build Wealth

Using the 7 Habits® to Build Wealth ~ Habit 1: Be Proactive®

Using the 7 Habits® to Build Wealth ~ Habit 2: Being With the End in Mind®

Using the 7 Habits® to Build Wealth ~ Habit 3: Put First Things First®

Using the 7 Habits® to Build Wealth ~ Habit 4: Think Win-Win®

Using the 7 Habits® to Build Wealth ~ Habit 5: Seek First to Understand, Then to Be Understood®

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