We are now at the end of March, which means that a quarter has passed in 2015. So I think it’s a good time to reflect on how your year has been: Has it been a good year so far? Have you achieved some of your goals? Are you on track to achieve your other goals? What can you do differently for the rest of the year? In my case, my first quarter wasn’t as good as it should be. I haven’t been productive enough in my work. So I’m now experimenting with a technique to increase my productivity.
Money, of course, plays an important role in our lives. While it’s not everything, it can help you achieve your goals. That’s why you should always increase your financial intelligence. An important part of financial intelligence is learning how to build wealth. I recently read a good book on that titled The Millionaire Fastlane by MJ Demarco. You might not like the title, but it’s a solid book with good advice. In fact, it’s one of the best books I’ve ever read on wealth creation. The book contains a lot of lessons, so I can’t cover all of them here. But I’d like to share the key lessons with you. If these lessons seem controversial, I suggest you to read the book yourself. I don’t have the space to explain the concepts in depth, but the book gets its point across well. Without further ado, here are seven key lessons on wealth creation:
Last week I wrote about how you should live by design and not by default. Living by design helps you live your life to the fullest. Living by default, on the other hand, is a sure way to mediocrity. Now I’d like to discuss an aspect of living by design, which is investing in your future. The fact is: a bright future won’t just happen. You must work for it. You must invest in it. The more you invest in your future, the more you will reap. Today your life might not seem that much different from those around you. However, if you keep investing in your future – it will be different. People will be surprised at your progress. So, how can you invest in your future? Here are five ways: 1. Build your financial foundation. Like it or not, your personal finance plays an important role. Many people can’t reach their dreams because of financial constraints. They are overwhelmed by debt. They live paycheck to paycheck. They have no space to pursue their dreams. A strong financial foundation, on the other hand, opens a way for you to reach your dreams. It gives you the freedom you need […]
You are going to go through life either by design or by default. ~ Rick Warren How do you live your life? Do you live by design or by default? Living by design means living according to a plan in order to achieve your purpose in life. Living by default, on the other hand, means just following the crowd. It’s just letting things happen as you go. Living by default is a recipe for mediocrity. Your life will be no more than average. Here are some characteristics of living by default: