There are abundant ways to increase your income and net worth. But, while you are pursuing your financial goals, remember to drink in the enjoyment of the wealth and good fortune you already have.
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There are abundant ways to increase your income and net worth. But, while you are pursuing your financial goals, remember to drink in the enjoyment of the wealth and good fortune you already have.
I found it incredible that in a survey of 28,000 Americans, from the University of Georgia, having an emergency fund is the greatest predictor of financial satisfaction. I wasn’t surprised that having a rainy day fund was important, I’ve been stressing that for eons.
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Make a small effort daily towards the task and ultimately you will succeed. Encounter difficulty? Readjust and revise along the way.
•Do you have enough money?
•Do you have enough leisure time in your life to really enjoy yourself every day?
If not, realize that something has to change.
When fears, and reasons not to start creep in, and they always do, ignore the negative voice that is screaming; what if you fail, what if you can’t do it, what if it’s a waste of time, what if it’s a waste of money. Set the goals and get started.
“If someone says no, you’re asking the wrong person. Don’t get discouraged, and don’t be afraid to try new things. Get organized,” Kris Jenner
Sometimes cutting back on your expectations and doing less rather than more, leads to greater long term health and wealth.
A friend of mine, Sharlene really wants a Rolex watch. I think they cost about $10,000. (I’m not sure as I’ve never priced one and don’t want to spend my time checking!) In fact, that is one of her important GOALS. I am not sure why she wants one but if I had to guess, I assume she equates owning a Rolex with wealth, status, and prestige.
I’ve taken this approach, I don’t evaluate my ideas too much, but just dive in. That eradicates the possibility that I’ll avoid new activities because I’m scared. I assume that I’m talented and smart enough to achieve my goals.
Copyright © 2012 Barbara Friedberg Personal Finance