Eric Coon, Financial Planner, explains how to overcome habits of near-term thinking to transition to long-term thinking for financial success. Too many people are not planning for long-term fiscal choices. That is, not enough people are saving for emergencies and retirement. This is a result of being fiscally out of balance. A budget listing all fixed and variable expenses along with long-term savings while living on approximately 70% of your income is one model to help overcome short-term planning.