“In his book The 7 Habits of Highly Effective People, Steven Covey talks of 3 ways people live their lives. Some, he says, live a life centered around themselves. A second group live their lives centered around everyone else. Thirdly, he presents those who live a principle-centered life.
Our finances and how we handle them are a direct microcosm of these life approaches. I believe some people handle their money like the first group, simply seeking to satisfy their own desires in the here and now. I see many others who are constantly pulled in every direction based on what the crowd is doing.”