Tag Archives: Brian Tracy

Budgeting: Get it right, Get it done

Last week we reviewed Brian Tracy’s best-selling book, Eat That Frog! looking at simple tactics that could help you to take action on your financial resolutions this year. The book’s unusual title is derived from a saying that if the first thing you do each morning is eat a live frog, it would probably be the worst thing that would happen to you for the entire day.

Tracy, a goal achievement expert, explained that your frog is your most important task, “the one you are most likely to procrastinate on if you don’t do something about it now.” If you immediately tackle your frog every day, it will have a tremendous positive effect on all your goals. Ignoring your frogs will only make it harder to achieve your life’s objectives.

Your ticket to success

One thing you can do right now to change your financial future is to prepare a budget. However, it is probably the one money objective that people procrastinate on the most. Budgeting could definitely be viewed as a big ‘frog’ that you need to eat. It is the foundation to money success; as without the clarity it provides, it will be hard to proceed with your other goals. Continue reading Budgeting: Get it right, Get it done

Money Lessons from Usain Bolt

As 100m sprinter Usain Bolt propelled his way through the finish line in an astonishing world-record time of 9.58 seconds, Jamaica and the rest of the world celebrated his magnificent race. At the 2009 Berlin World Athletics Championships, Bolt definitely cemented his place in history as a legendary sports hero.

As I reflected on his amazing career, I realised that Bolt is more than an inspiration to aspiring athletes; he is also an example of what it takes to be successful with money. Here are some of the lessons that Bolt can teach us about our finances:

Examine What You’re Doing Wrong

My earliest memory of Bolt’s running was of a youngster who seemed to be struggling as he raced. Biting on his chain with a pained grimace on his face, he was a far cry from the smooth sprinting machine that he is today. Many of us find the financial race similarly difficult – despite our best efforts, it seems that we don’t have what it takes to win. Continue reading Money Lessons from Usain Bolt

Three Laws of Prosperity

“Have a prosperous New Year!”

This cheerful holiday declaration of future fortune is usually expressed with the best of intentions. Wouldn’t it be funny if someone replied honestly, “It would be great if you would tell me exactly how to have this prosperous New Year, because I’ve been broke for the last ten of them!”?

How did the tradition of wishing each other prosperity in the New Year originate?

According to www.answers.com, New Year’s is a time for resolutions, when people look forward and back in time. This practice can be attributed to the two-headed Roman god of beginnings Janus; of whom it was said “could see in the past with one face and into the future with the other.” The first month of the year is dedicated to his honour.

In many cultures, activities that are thought to bring future wealth are carried out on New Year’s Day. One interesting custom is the eating of cabbage leaves, which is considered a symbol of prosperity as it represents paper currency.

Another ritual is the baking of a coin into a loaf of bread, and then dividing it among the dinner guests. The recipient of the slice with the coin is expected to enjoy good fortune for the coming year.

Superstitions aside, how can we create this prosperity that we all desire? Continue reading Three Laws of Prosperity