moneyFYI
Financial Freedom Is Merely Organized Common Sense
The World Of Events
While it looks like life is a series of events, there is every reason to believe that a successful life is not event oriented. There will still be events but they are not the important part. What caused the event matters.
When you picked up your degree was it because someone handed it to you or was it because of hundreds, even thousands of things you did so that someone would present it to you? It was all the little steps, right?
Life works like that too.
Every choice you make matters
Some choices you make will be wrong. Maybe many of them. You cannot guarantee success on very decision and it doesn’t matter if you are evolving a good life. One of the clear indicators of a successful process is that you notice mistakes early and correct them.
How are you at that? Everyone makes mistakes. Fixing them matters. That leads to the need to notice an aspect of risk. The only truly risky decisions are the ones you cannot change. People who have been successful so far consciously avoid committing to a course that wipes them out if they are wrong. Elon Musk may be an exception, but even he is becoming more diversified.
The reality of life
Most of the parts of your life that you don’t like are the result of decisions you made earlier. If you did not correct them as soon as you knew they were in error, you like made those more than once. Think that through.
If you are objective you can track back the causal condition for your current dissatisfaction. Are you going to keep that state of affairs or are you willing to do the work to gradually repair it or at least minimize the effects.
It won’t be easy and it might be near impossible. It involves direction change. Direction changes are always the hardest. They’re uncomfortable.
The key facts:
You have choices when something doesn’t work out as you hoped.
- You can look for for the reason and fix it, or you buy into the excuse. Buying the excuse harms you.
- You can blame someone else. The worst possible. Mistakes are lessons and when you blame others, you learn nothing.
- You can ignore it. When the mistake recurs it is because you learned nothing. It is like taking an open book exam and failing.
Mistakes are your friends. They teach. Help children, employees and everyone else you contact to rejoice in mistakes. They are what moves you forward.
The bit to takeaway.
You can always improve your situation by behaving differently.
Decide why you have not behaved that way in the past
Change to something better and be alert for the need to change again.
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I build strategic, fact-based estate and income plans. The plans identify alternate ways to achieve spending and estate distribution goals. In the past, I have been a planner with a large insurance, employee benefits, and investment agency, a partner in a large international public accounting firm, CEO of a software start-up, a partner in an energy management system importer, and briefly in the restaurant business. I have appeared on more than 100 television shows on financial planning have presented to organizations as varied as the Canadian Bar Association, The Ontario Institute of Chartered Accountants, The Ontario Ministry of Agriculture and Food, and Banks – from CIBC to the Business Development Bank.
Be in touch at 705-927-4770 or by email at don@moneyfyi.com
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