Becoming the best, one could possibly become, does not happen, by itself, but requires commitment, concentration and the willingness to plan, the best possible! Unfortunately, very few people do it, when it comes to personal financial planning, and without doing it, how can someone be successful, to their full potential? In other words, why do so few people take the time, commit, and create, and use, relevant and well-considered financial information? PLANS? With that in mind, this article will briefly attempt to consider, examine, review, and discuss, using the mnemonic approach, why this is important and why it is essential to meeting one’s goals and priorities.
1. Priorities; perceptions; process; planning: Will you continue, getting checked, from the neck up, and making sure your insights are realistic, achievable, valuable, and yours? What are your personal priorities and why? Will you commit to going through the process, with the discipline, to fully explore what you are looking for and your options? Once you do, are you ready, willing and able to consider what your necessary expenses may be and how your expenses can be used in a more focused way? Will you commit to the best quality financial planning?
2. Listens; learn: No one has all the answers and / or solutions, so wise people listen and effectively learn the best way to proceed. Thinking ahead! As the saying goes, It wasn’t raining when Noah built the Ark! Take financing and budgeting seriously and make the best use of it. Don’t let your lack of planning and preparation get in the way of your ability to pursue your dreams!
3. Attitude; attention; fitness: You may think you can, or you may think you can’t. Either way, you’ll be correct. These words, often attributed to Henry Ford, emphasize the impact one’s attitude has on one’s future possibilities and potential. The combination of a positive, can-do attitude, paying close attention and developing the aptitude and skill set necessary to make smart decisions, in terms of personal financial planning, puts you in the best frame-of-mind!
Four. Needs; niche / shadow: If you don’t take the time to consider, objectively and introspectively, and fully consider your personal needs and priorities / goals, how can you effectively plan financially for your better future? Each of us, we identify with a specific niche, and, therefore, this process must address each and every one of the necessary and necessary nuances.
5. Solutions; self help; Service: Personal financial planning should focus on meaningful solutions, based on optimizing our degree of self-help. Consider how better planning could provide you with an essential service!
Do not underestimate the importance and power of personal financial development, well considered, meaningful, relevant PLANS! Will you have the discipline, to take the time and use your personal energy, to plan accordingly, for your better future? A financial plan should include: immediate / short-term needs; medium and long term planning!
