Eliminate Financial Problems Through Self Discipline

The primary reason for financial problems in life is lack of self discipline, self mastery, and self control. It is the inability to delay gratification in the short term. It is the tendency for people to spend everything they earn and a little more besides, usually supplemented by loans and credit card debt.

Today, the savings rate in America is too low to achieve financial independence. After a lifetime of work, the average American family has a 200 net worth of only about $8,000. People co...