To make 2015 your most lucrative year yet, you may have to do some things differently than what you’ve done in the past. So,here are 14 action items that will definitely help you in achieving your financial goals and create wealth in the long run. Action items that can put you ahead regardless of what happens with the economy in the coming year and beyond:
- 1. Become your own CFO (Chief Financial Officer)
You can’t fix what you don’t know, so the first step is becoming completely aware of your finances and where your money is going.
As soon as you start to understand your current situation in detail, you will be able to identify leaks
and simple solutions that will help get you on your way.
Nobody cares more about your finances than you do (not even a financial adviser), so it is on you to take control of your financial future and direct it to where you want to go.
I’m not talking about what you eat. Identify one expense that isn’t helping you achieve your goals, and cut it out for 30 days.
A simple expense to choose is cable television. Try a TV (or other guilty pleasure) diet for 30 days, and use that time and money on something more beneficial. I’m sure you’ll survive without it just fine.
When you get on an airplane, what do they tell you during the safety instructions? “Put your own mask on first, and then help the person beside you.”
It should be the same way with our time and our finances. Be selfish and take care of yourself first, and then you can have more flexibility to take care of others. The problem is that so many of us put others first and then aren’t able to help ourselves.
Although you want to be selfish with your time and money at first, you also want to be selfless with your attitude. The wealthiest entrepreneurs I know give, give, give, and focus on helping others. By doing so, more money shows up in return.
Focus on impact and income will result. Be willing to help others when you can.
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