Its 2020, and almost everyone has been plotting their New Year’s
financial resolution presumably as a step to turn their financial vision into
reality, but have you ever thought of asking yourself before engraving these
resolutions into your system if these get you any closer to the kind of
accomplishments you would want to reach in your lifetime, and the kind of
person you want to be known? Did you bother to examine the clarity and
feasibility of your vision? Were there any chances that gave you a hint that you
might need to step back a little to reexamine yourself, and see if your
resolutions are in unison with your vision?
Did it ever cross your mind if there was a way to measure if
the value of your stock investments is giving you sufficient returns? Or a way
to assess a company’s ability to generate a profit to help you gain the upper
hand to make informed choices?
SAVING must be accompanied by maturity and not by instant gratitude or some kamikaze type of mental model. Anyone can always argue that they are saving, but the real question one should be asking to themselves is, am I really saving? Did your decisions and actions to set aside money for future use mitigate the foreseen financial hurdles? Or did it result in becoming the problem? Saving is definitely not rocket science, but deciphering whether you are doing it the right way is the challenge.