Ten Steps to Financial Success
The Ten Steps to Financial Success
Some people dream of success...while others wake up and work hard at it.
"If you've tried to do something and failed you are much better off, than, if you tried to do nothing and succeeded.”
Well now is a great time of the year to reflect on past happenings and plan ahead for 2005. Some points to "kick off"...
The Ten Step Plan to Financial Independance and perhaps even Wealth.
1. Accept that you can achieve financial success and make a COMMITMENT to yourself to attain it. It is within your grasp. If you really want it. Really BELIEVE it - that is the most important step. Only then will the incredible power of the human mind work out a means of achieving it. Reject the idea that work is simply something you have to do until the age of retirement.
2. Ask yourself this: Where do you want to be in 2, 5, 10 years time? Set goals that excite you. If you could do absolutely anything with your life, what would you do? If you had unlimited money or found out you only had a month to live, what would you do? Write your answers down.
3. Establish your current financial position. What is the cash inflow and outflow. Horrors! Which areas can be improved upon? Everything!
4. Develop your NEW plans. Decide what action you are going to take that will move you closer to the achievement of your goals? All goals should be specific and have a time constraint.
5. Closely monitor the performance of your investments and your rate of savings.
6. Try to put extra savings into investment (it could be your own business).
7. Review and reward yourself annually if your targets are met.
8. Pursue your personal goals and business ideas with all you've got - with real PASSION and PURPOSE. If you really BELIEVE In them, they are far more likely to be achieved.
9. Still try to live a BALANCED life... or as balanced as you can make it. Money doesn't buy happiness; yet I'd rather be unhappy in comfort!
10. The highest cost of all is the cost of waiting to TAKE ACTION to change your current circumstances in life (as 94% of the population apparently is dissatisfied with their situations). It is up to you to do things differently. So take ACTION now - to change course. You get only one shot at life, so make the most of it.
© N.M. Finserv ---- www.nmcomp.com/finserv
December 2004
Some people dream of success...while others wake up and work hard at it.
"If you've tried to do something and failed you are much better off, than, if you tried to do nothing and succeeded.”
Well now is a great time of the year to reflect on past happenings and plan ahead for 2005. Some points to "kick off"...
The Ten Step Plan to Financial Independance and perhaps even Wealth.
1. Accept that you can achieve financial success and make a COMMITMENT to yourself to attain it. It is within your grasp. If you really want it. Really BELIEVE it - that is the most important step. Only then will the incredible power of the human mind work out a means of achieving it. Reject the idea that work is simply something you have to do until the age of retirement.
2. Ask yourself this: Where do you want to be in 2, 5, 10 years time? Set goals that excite you. If you could do absolutely anything with your life, what would you do? If you had unlimited money or found out you only had a month to live, what would you do? Write your answers down.
3. Establish your current financial position. What is the cash inflow and outflow. Horrors! Which areas can be improved upon? Everything!
4. Develop your NEW plans. Decide what action you are going to take that will move you closer to the achievement of your goals? All goals should be specific and have a time constraint.
5. Closely monitor the performance of your investments and your rate of savings.
6. Try to put extra savings into investment (it could be your own business).
7. Review and reward yourself annually if your targets are met.
8. Pursue your personal goals and business ideas with all you've got - with real PASSION and PURPOSE. If you really BELIEVE In them, they are far more likely to be achieved.
9. Still try to live a BALANCED life... or as balanced as you can make it. Money doesn't buy happiness; yet I'd rather be unhappy in comfort!
10. The highest cost of all is the cost of waiting to TAKE ACTION to change your current circumstances in life (as 94% of the population apparently is dissatisfied with their situations). It is up to you to do things differently. So take ACTION now - to change course. You get only one shot at life, so make the most of it.
© N.M. Finserv ---- www.nmcomp.com/finserv
December 2004
posted by N.M. Finserv at
5:50 PM
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