…action items, not theory.
Wealthy not rich
Wealth is a state of mind, not a big bank balance. People prefer clarity over confusion. Getting to a wealthy state of mind should not be difficult. Steps leading to a wealthy life include:
- designing the life you want to lead
- developing an action plan to get there
- making those actions a priority
No nonsense, simple and straight forward advice that can be implemented almost immediately. For those with a short attention span and want action items not theory.
Finally, a to do list that works
Do you have trouble sticking with a to do list? I tried so many different methods. None of them worked. I combined them with the theory of doing something for at least 7 days to create a habit. I still failed to make any of them stick. I would spend more time managing my to do list instead of doing the jobs. Or worrying about the list.
I worked with people who used them effectively. I replicated their systems. Still a failure. I researched ways that worked for other people. Still a failure. Forming the habit was not a problem. I can do that and the best example is operating a zero inbox. It took work, however, it’s proof I can do something difficult like that one.
What a 50% decrease really means
Even if maths is not your strength, understanding a few simple concepts will help. One of these financial concepts is percentage decreases and subsequent increases.
A 50% decline in value means a 100% gain before you are back to the original position. People make the mistake of thinking if something has gone down by 50% then it just needs to go back up 50% and all will be good. Well it will be better, however, not back to the starting position. Numbers make this more clear, rather than talking about numerators and denominators.
Travel teaches you about yourself
Australians are known for being frequent travellers and we tend to go for a while. I’m not sure why. I takes a long time to get to most places. I laugh when I overhear people in the US speaking about a long plane trip and then find out it was only about five hours across the continent. I think most Australians consider anything under half a day short.
Travel can teach us so many things. Especially when it involves experiencing different countries and cultures. Do it solo and the teachings are even greater..