Sunday, December 7, 2014

Inspirational Principles of Financial Life to Start a New Year

Inspirational Principles of Financial Life to Start a New Year - Illustrado

 

Let me greet you all a Joyful, Peaceful, Healthy and Prosperous 2015!

It is time to take stock and change or reform ourselves for the better. Nobody is perfect and spiritual and inspirational articles abound to lift up our lives. What I noticed though is that we tend to compartmentalize our lives. In particular, our financial lives are considered by most as separate from their spiritual and intellectual activities. The fact is that all of these are intertwined. Since I have focused my advocacy on teaching personal financial management, I frequently interpret these inspirational principles in the light of our financial lives.




Borrowed from Mac Anderson’s “The Nature of Success”, Mr. Anderson talks about a lesson he learned from a friend’s grandmother.   Mac was having such a rough week and his friend shared with him what his grandmother told him to always remember: ‘Inch by inch, life’s a cinch. Yard by yard, life is hard.’

Mac took the line to heart and took out a piece of paper and listed all the things he had to do in the next three days. As he finished each task, he crossed it out from the list. Three days later, he crossed out the last task left on the list. He felt great!

As Mac explains, “…Success doesn’t come cascading like Niagara Falls; it comes one drop at a time through short-term, realistic goals. If you believe you can do something (the goals are realistic), you’re likely to be highly motivated. If, however, you think you can’t (because the goals are unrealistic) your motivation level falls greatly…”

The same principle applies in each one’s personal financial life. I keep emphasizing the same principle as explained in “Making Your Money Work”.


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