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Tuesday, April 1, 2008

Goals to Meet on the Path towards Personal Financial Security

Can money buy you happiness? That is a question asked by people for centuries. Ancient Egyptians buried themselves with their treasures to ensure happiness in the afterworld. In this century, it seems people are working themselves to the grave to get enough money to fill their needs.

Clearly, there is a definitive relationship between feeling in control of your finances and feeling happy about your finances and your life. Control over your finances plays a definitive role in controlling your life's happiness. Obviously, it is something worth striving for everyday. Here is some advice to achieving that kind of financial bliss. 

•        Add a little organization? No one likes a reactive work environment. Reacting from crisis to crisis is not the best way to go about your work day. You’ve lost all faith in the concept of multitasking and work is piling up costing you time, money, and unneeded stress. The key to any successful business is being proactive. Start today and get yourself organized by cleaning up all that paperwork on your desk as a starting point.

•     Invest sensibly? Perhaps your mother told you one time “nothing saved equals nothing gained” when you were young. Truer words have never been spoken. It applies to all aspects of business. Think about your life after retirement. If you never invested into anything like a 401K then you have no retirement. We’re living long lives and you’re going to need more money saved up than ever before. Start saving and investing.

•     Less will do you. Hey, this is America where bigger is ALWAYS better, right? Well, not always. Just because something is the biggest, the best, or the newest doesn’t mean it will work for you. This is one of the main reasons we are seeing more and more people declare for personal bankruptcy. Control your urges and you’ll control your bank account.

•      Find work that fits? If you like your job and truly enjoy waking up everyday to go to the office, then there is a good chance you’ll live longer and make more money. In other words, it can pay to be happy. (Yes. I am aware that was a lame joke!)

•     Talk about money like it was gossip? There is nothing wrong with talking about money. The more we talk about it, the more we may learn something new. Plus, we keep too many secrets about money. Money is the leading cause of divorce in America. Talk about any money and financial concerns honestly, and save the fights for the in-laws.

•        Set goals? Seems like a pretty basic concept, if you know where you want to go then the easier it will be to get there. It is much easier to have a plan and stick to it for yourself than it is to treat everyday like a new adventure. Set a few long term goals to reach and some short term ones, as well.

•      Are you spending responsibly?? Some of us have a little problem with spending more than we make, especially you shopaholics out there. You know who you are! Keep track of what you spend any money on for a month and try to cut out anything unnecessary.
 

04/2008 By: Bill Healey http://www.articledashboard.com/Article/Goals-to-Meet-on-the-Path-towards-Personal-Financial-Security/250320

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