I am sure you will agree with me that not having money does not feel good. The agony of struggling financially is something most of us have faced at some point of our life.
I still remember the time when I was completely broke. I will never forget the feeling, when I saw all the beautiful things that I really wanted to buy, but could not because the answer was always the same, “I can’t afford it!” Whenever I entered a grocery store my eyes would automatically start searching for discounted products, while my mind was racing, adding up those pennies to see if I had enough cash to buy them. I did my best at managing my budget, but my bills were still piling up and I got deeper into debt every month.
Of course, money will not buy you happiness, but let’s face it – it makes our life a lot easier.
If you are tired of not having money or just feel that you could earn a lot more, pay close attention to what I am about to tell you, because this information has changed my life, my way of thinking, and my financial situation in just 6 months.
Financial abundance is one of the goals most of us have on our priority list.
When we think of financial success, we all have a mental picture of the concrete result that we would like to achieve. Some of us imagine having a million dollars in the bank. Some of us strive for that amazing long-forgotten feeling to be free to do whatever we want, without worrying about making ends meet or having to work long hours. Some of us keep toying with the idea of quitting our current office job and opening our own company. And for some, being successful may equate to having a nice car in the garage, owning a gorgeous 5-bedroom house on the beach, or being able to take a one-year long vacation with their family and traveling around the world.
All these future results, hopes and aspirations occupy our thoughts and direct our behavior. That is why we get a job and work hard in the first place. That is why we cut down on our sleep, fun and family time. That is why we are concerned about the economic situation.
If you think of it, results are the only visible part of your efforts. It is the measure we use to evaluate our own success and form our opinion about success of others. Although, frequently we get so caught up in our wonderful plans, that we completely forget that in order to receive something good in the future, we have to invest something else first. You can not gather a harvest in autumn, without planting the seeds in summer time. You can only reap what you have sown.
Similar, if you want to enjoy the fruits of your financial abundance you have to keep in mind that besides obvious benefits (or results) there are also two ‘internal’ factors to your financial success.
There are two key factors that will define whether or not you will attain the results that you want:
1. Resources, or something that you have invested in the past or are investing right now. When I say “resources” I do not mean just time or money.
Resources can be:
- physical (energy, physical effort)
- emotional (desire, creativity)
- mental (concentration, data analyze, action plan creation)
You can not create something out of nothing. Unless you are the greatest alchemist of all times, you can not make money without investing some resources in the process.
2. Abilities, or natural talents and strengths that are developed and perfected over the time. Your abilities are probably the most important component of your financial abundance. If the resources you invest can help you to make some money, your abilities will determine whether or not you will be able to keep and multiply them.
If you want to find out what your future financial situation will be like, there is a way to do that!
Just grab a piece of paper and write down what it is that you desire. Seriously, go ahead and do it right now! It will take 5-10 minutes of your time, but if you do it correctly it can be a breakthrough in your way of thinking and your financial success.
Make a long list of all the financial goals that you would like to accomplish, be it a 4-bedroom home, 2 million dollars in your checking account, a gorgeous swimming suit, two-week vacation in Hawaii or a new Home Theater System. When you are done, pick the goal that is most important to you at the moment and put a little star next to it.
Now go ahead and write down all the resources and abilities that you invest in achieving that goal. For example, how much time a day do you dedicate to your goal? How much effort do you invest in it? What other resources could you invest into accomplishing your goal? What are the abilities and skills that can help you in accomplishing results faster?
When you finish listing all the resources take a look at what you have written and see if there is a big disparity between the results that you want to receive and the resources and abilities that you are investing in the process?
When I did this exercise, I have found out that there was a huge gap between my desires and my actions. I realized that if I continue to invest what I was investing, my financial situation would get to its optimal level only by the time I retired. This unsettling realization has since turned into the biggest motivational drive for me.
Whenever I pursue a new goal, the first thing I check is if my actions are aligned with the result that I want to achieve, and if there is a healthy balance between my investments and my expectations.
Try it! It can be the wake-up call that you have been waiting for a long time.
P.S. Do not do this exercise if you are not ready to accept responsibility for your actions, because after completing it, it will be really hard for you to continue to blame others for your financial struggles.