SucceSSful financial ReSolutionS
list include one or two that will make you a better manager of your personal and family finances, such as establishing appropriate cash buffers or reserves, analysing insurance needs, purchasing appropriate policies, reducing debt, interviewing financial planners, investing logically or writing your will. (Toward that end, to listen to my interview on BFM where I also explained the dangers of gambling on bitcoin and other cryptocurrencies, head to: www. bfm.my/rns-rajen-devadasonrd-wealth-creation-financialresolutions-just-do-it)
The quality of our lives is determined by our goal-dreaming, goal-setting and goal-achieving abilities. The most valuable opportunity that a refreshed Gregorian calendar affords us each January 1st is to zero-in on aspects of our existence that we are unhappy about to initiate proactive change.
To grow better, though, we must squarely face the truth that most people fail in their resolutions, whether it is exercising, loving, reading or saving more; losing fat or bad attitudes; or learning a new language or how to invest rationally. Since we WILL see our resolutions peter out and lose steam by Jan 3rd or 7th or 15th, what can we do to accept our likely short-term failure yet raise our odds of succeeding in the long haul by December 2018? 1. Initially set about six resolutions you are keen on working on that span the various dimensions of your life like fitness, health, relationships, self-learning, work, recreation and finance.
2. Try to stick to your resolutions throughout
the first week of January. 3. Don’t beat yourself up IF your resolve
fizzles out in a few days.
4. Reset your resolutions list by eliminating two or three that you no longer care about.
5. On Feb 1, restart your streamlined Resolutions List. Try to stick to them for a few days longer than before.
6. Use March 1 through to Dec 1 as your monthly fresh starts to keep your resolutions.
As you persevere in sticking to and restarting your Resolutions List each month for longer stretches, your self-respect will skyrocket. Then, so will the quality of your life.
Happy New Year 2018!