Apply the Proximity Principle to Succeed in Life

groups of friends

“To remain far-sighted, you need to surround yourself with far-sighted visionaries. You need to surround yourself with people who think like you. You need to surround yourself with people who speak the same language as you. You need to surround yourself with people who fight and refuse to give up on their destiny. You need to surround yourself with people whose testimonies give you reasons to press on.” – D.S. Mashego

The proximity principle refers to the concept of surrounding yourself with the people who are already doing what you want to do or are in the position you want to be in.

If you want to succeed, then find someone who is either at the same level that you want to reach or someone who is in the process of doing so. Surrounding yourself with people who are like-minded will motivate you to reach the heights that you want to achieve.

Finding people who are at the same wavelength as you is not as difficult as you might think. The internet provides you with a great opportunity to connect with people not only in your locality but with people all over the world.

Schedule a lunch or dinner outing with people who are in your own locality so that you can share ideas. Use that time to ask about what it takes for someone in your situation to make the transition into the process of going after your dreams.

Let’s say that you are thinking about switching careers. You are ready to cut your losses and file the experience under a transitioning phase in your life. At the end of the day, it’s all about pursuing your dreams, right? That’s great!

But wait up, don’t be too hasty about making a decision. There are a lot of factors to consider before you make the big leap, this is when talking to people who understand the change comes into the picture. You can also find a mentor to guide you throughout the transition.

Those who want to transition into entrepreneurship or any other industry especially after quitting their well-paying job should apply the proximity principle because the people around you are not going to understand your need to work for your dreams but people with the same mindset will. 

Connecting with people who share the same ideology as you is a great way to hold yourself accountable and be motivated whenever you feel like you might give up.

How to Shop Responsibly for Holidays with Credit Cards

Balance Transfer Credit Card Offers

Credit cards are one of the reasons people overspend. Not paying hard cash usually makes people not feel like they are spending any money. Buying things for others is another reason why people overspend. It is easier to buy expensive things for people we love than ourselves. We want to make them happy, we want them to have the best of everything, and the combination of credit cards and these feelings mean that we throw our budgets out of the window.

When you start seeing your credit cards as financial tools that can help you save money as well as spend it, you will start benefitting more.

Create a Credit Budget for Holiday Shopping

Because you are not spending the money you have, it is easy to overlook your budget, but, having a budget is the key to spending mindfully. When you just go on spending, you will eventually max out your card, this will then harm your overall credit score.

As adults, we know how important a credit score is to make meaningful financial transactions and investments. You don’t want to toss it off while shopping on the sale adrenaline.

Approaching your credit card limit, maxing out the card, and even after that chances are that you will carry a balance. You will spend months after the holidays paying off the interest rates. Make a budget, keep your balances low, save on interest charges, and stay on budget.

Keep an Eye Out for Bank Deals

Now that you know that you will have to be mindful of your spending, being aware of deals for credit cards is another way of saving some money. Many banks have special deals and reward multipliers for their credit cardholders. 

Many businesses support the extra discount that certain credit cardholders receive. You can check for special deals for the bank’s card you have. Do that by checking your bank’s websites, mobile apps, promotional material, etc.

Not only discounts and rewards, when you use your card for online banking, you also have a chance to get cashback. So, instead of going into debt, you can actually save money on your purchases.

Final Thoughts

The secret to shopping responsibly for holidays with your credit cards includes a combination of planning and research. You have to put in the effort to do these things and that will help you be wise about your purchases.

List down all the saving programs and perks that your card issuer offers and cross-check it with the things you want to purchase. This will help you make the best of what is offered to you. If your card issuer can’t come up with reasonable offers, then the best thing to do is replace them with one who can. You will also get lucrative sign-up bonuses, which is an additional win.

Also Read- Steps To Improve Your Credit Score