If you are
not willing to learn everything there is to know about taxes, and to keep
abreast of changing tax laws, then you are not ready to meet your financial
destiny.
If you do
not have a budget, or track your monthly expenses, then you are not ready to
meet your financial destiny.
If you are afraid
to take calculated risks, then you are not ready to meet your financial
destiny.
If your idea
of actionable information is a “hot tip”, then you are not ready to meet your
financial destiny.
If you do
not make time to study the different saving and investment options available to
you, then you are not ready to meet your financial destiny.
If you think
earning a high income, or being in a high income bracket, is a guarantee of financial
security, then you are not ready to meet your financial destiny.
If you do
not look ahead, to tax time, disability time, unemployment time, emergency expense time, and other "times" involving significant expense, or budget challenges, and you do not set aside
resources to deal with them, then you are not ready to meet your financial
destiny.
If you cannot
cut back on luxuries (expensive cars, expensive schools, expensive clothes, expensive
utilities, expensive services, expensive anything), when times are tough, then
you are not prepared to meet your financial destiny.
If you would rather blame others for your financial problems (the Government, the IRS, the banks,
big business, illegals, cheap labor), than take steps to build a strong financial house, then you are not
prepared to meet your financial destiny.
If you can’t
be bothered to understand the difference between good debt and bad debt, and
how to use debt wisely, then you are not ready to meet your financial destiny.
If you never get ahead of debt, and you get into more and more debt to deal with debt, then you are not ready to meet your financial destiny.
If you do
not use insurance wisely (health insurance, car insurance, home insurance, life
insurance, renter’s insurance, long-term care insurance), and get optimum
premiums and coverage, then you are not ready to meet your financial destiny.
If you do
not know the difference between appreciating assets and depreciating assets,
then you are not ready to meet your financial destiny.
If you do not
know how to manage a windfall, then you are not ready to meet your financial
destiny.
If you do
not know how to handle losses, then you are not ready to meet your financial
destiny.
If you’d
rather look wealthy for a season, than be financially comfortable for a long
time, then you are not ready to meet your financial destiny.
Yes, when it comes down to it, everything
boils down to making a choice between “looking wealthy for a season”, or “being
financially comfortable for a long time”.
So what will your choice be?
Spend a few minutes to think
about that today. It could change your life.
As
always, thanks for sharing my Journey to Wisdom, Meaning and a Better Life, and have a great day and week….M ……a Pearl Seeker like you. Thanks to Aarti and Ajay
for their compliments on my last post, and thanks to the rest of you for your
likes, pins, shares, tweets and votes…..much appreciated.
Links
to some milestones on my journey to financial wisdom are below:
1 comment:
Excellent points Minoo! Imperative to incorporate all of these to be financially successful and firmly rooted in life...
Ajay
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