At the beginning of a year, many people declare that they want to make some changes in their lives, in order to produce better results than they experienced in the previous year. Very often, their willingness to improve diminishes after a few weeks or months, leading to unfulfilled resolutions.
Some people fail to realise their objectives because they don’t establish a strong motivation that will force them to persevere until their goal is met. If you have a compelling vision for your future or a credo that directs all your actions, then you are more likely to succeed.
In this tough economy, more people are complaining that they are surviving from pay cheque to pay cheque. They feel like they are only working to pay their bills; all of their income is consumed by the rising cost of living and there is nothing left behind for saving or investing.
Although inflation keeps moving prices upwards while income remains stagnant, if you are going to achieve your money objectives this year, you have to find a way to overcome this challenge. What will you use to inspire you to grow in spite of these negative economic forces? Continue reading Jamaican-Style Money Guide: Parson Christen ’Im Pickney Fus
As we usher in the year 2016 with an optimistic outlook for a bright future, we must have a
decisive game plan to create a more prosperous New Year. Instead of just rehashing wishful resolutions from past years, make a concerted effort to attain these specific financial objectives:
1. A S.M.A.R.T. goal
It’s been said that ‘a promise is a comfort to a fool’; and some people believe that resolutions are foolish wishes that bring cold comfort. Your dreams may seem impossible to achieve if you don’t convert your ideas into specific, measurable, actionable, relevant and time-based goals.
Select one dream that would make the biggest difference in your life. Write it down precisely, expressing how you would measure it, take action on it and know when it was complete. Consider all the steps you need to take every day to realise your goal and persevere until you accomplish it. Continue reading 7 Money Must-Haves for 2016
Ring out the old, ring in the new
Ring, happy bells across the snow:
The year is going, let him go;
Ring out the false, ring in the true.*
As we say adieu to the year 2015, it is an opportune time to reflect on some of the achievements that we may have made over the last 364 days. I hope that your review will reveal encouraging steps in your journey to improving your financial wellbeing and accomplishing your goals!
The year end is also an appropriate time for us to honestly look at our problems and determine stategies to have a better New Year. Let’s review some of the issues that have concerned many Jamaicans in 2015, and make some resolutions that can lead to a more prosperous nation in 2016. Continue reading Time to Ring Out The Old
To all my faithful readers, I wish you a blessed and happy Christmas! Just for this day, try to put aside all the concerns and challenges that you may be facing with your finances, and focus on enjoying the food, fellowship and festivity with your family and friends.
If you’re celebrating with your relatives and close companions, consider yourself fortunate. There are many persons whose loved ones are no longer part of their lives, whether through death or separation, who find this time of year particularly depressing and lonely.
There are news reports of disasters – famine, disease, mass murders and kidnappings – that persons all over the world are experiencing at this time. These should help you to put your own problems into perspective when you consider the immense suffering that’s taking place elsewhere.
So eat, drink and be merry! Spend the day making cherished Christmas memories that will last for a lifetime. However, when the holiday frivolity has subsided, your thoughts may return to reflecting on the less pleasant money issues that have been pervasive throughout the year. Continue reading Conversations at Christmas Time
Once again, we begin a brand-new year, when we can reflect on the past and resolve to improve the future. For some, this is usually a time of remorse, as they regret all the wasted opportunities that passed their way. Others use this period to make optimistic plans for an even better year to come.
If you’re already in the process of recording your New Year’s Resolutions for 2014, try not to repeat the mistakes you may have made last year. It is pointless to put together a wish list of dreams and goals you would like to accomplish, without equipping yourself with the means to get them done.
This week, I would like to introduce a concept of planning and execution that may change the way you think about and approach goal setting and achievement. This methodology will help you to become more efficient and effective in many aspects of your personal, financial and work lives. Continue reading Get Financially Lean in 2014
Isn’t it amazing how fast we have sped through 2012? It seems like just yesterday we were making optimistic declarations about our plans for the new year. Now, there are only 60 days left until this eventful year becomes history. Looking back on the past 10 months, would you say you have accomplished your goals?
Many of our wishful resolutions are destined to remain unfulfilled. If we took the time at the beginning of the year to assess our needs, think about viable solutions to our problems, and write down firm declarations to better our lives, why have over 300 days gone by without us taking action? Why did we let distractions and discouragements keep us from our achievements?
The answer to this age-old problem will vary, as persons may have different issues that affect their levels of motivation. Despite the situations that may have held you back in the past, you can still make an effort to work on some of your unfinished targets. You can make the rest of the year really count by tackling one or two of your incomplete objectives. Continue reading Money Mission: Stop Procrastinating!
At the beginning of the year, many of us made firm resolutions to make 2012 the best ever. This was going to be the year, we declared, that we finally got our money act together. Reciting our 2012 Money Manifesto pledges, we vowed to make positive changes in 12 areas of our financial life.
If you had made these optimistic declarations to improve your finances, how would you rate your progress three months later? Have you been successful at implementing many of the habits that would allow you to achieve your objectives? Or have you given up on your plans and consoled yourself that next year will be better?
If you’re like most people and have already reneged on your resolutions, don’t despair. Decide to tackle your money problems in the same way you would approach a work or school assignment: assess the issue, research possible solutions, create an action plan and carry out the necessary activities.
Make it your mission to work on a specific money goal each month. Continue reading Money Mission: Become A Money Magnet
As many Jamaicans go to the polls today to select the party, people and policies of their choice, I thought that I would create a ‘Money Manifesto’ containing all the financially smart steps that can help you to shape a prosperous future for 2012 and beyond.
The 12 points shared below represent the essential areas that you should follow if you wish to become financially successful.
1. I will make financial education my priority.
I will invest in my own personal development by seeking to learn more about money. I will endeavour to read or listen to good financial advice every single day, as I recognise that most of the solutions to my money problems can be found in other people’s experiences in books and CDs. Continue reading Money Manifesto for 2012
Recently, a client, while reflecting on the amount of time she had wasted over the years in getting her finances under control, said that the coming year was going to be different for her. “It’s not too late in 2008!” she exclaimed, reaffirming her decision to carry out all her plans and persevere on the road to financial freedom. “Yes,” I agreed, “2008 is going to be great!“
I think that her impassioned cry, “It’s not too late in 2008!“ is an appropriate theme for all of us as we face the New Year. Looking back on 2007, I’m sure that many of us may have regrets about what we didn’t achieve financially. We might wonder- what’s the point of making New Year’s resolutions if they never get carried out?
Let’s decide to forgive ourselves for all our budget-busting spending sprees, missed investing opportunities, and failure to makes plans for our financial future; and become determined to make 2008 a financial success. Continue reading It’s Not Too Late in 2008!