Everyone has the ability to learn self-control, and it is a very important skill to have when it comes to managing personal finances.
People who have a strong sense of self-control are more likely to save money rather than spend it. They are better able to resist the urge to spend money as soon as they get it. This is a common pitfall for many people in the United States.
It’s very common for people to want to spend all of their money as soon as they get it, but this is a huge mistake. People need to understand that they have to think about the future and how they want to spend or save their money.
