Word of the Day 28 - Money - Inspiration from Dimi

Summary:

1. You need to approach everything with optimism

2. How to Stop Worrying and Start Living

3. “If you fail to plan, you are planning to fail”

4. What is your financial plan? Do you have one at all?

5. The 70/30 rule

6. The Formula for Financial Independence by Tony Robbins

7. The Financial Freedom Workbook

8. Become more valuable to the market place

9. How can you become more valuable to the market place? What skills do you need to learn, develop, master?

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The daily diet of positive words - Word of the Day 28 - Money - Inspiration Dimi

I think your mind, your attitude plays the most important role. You need to approach everything with optimism. “LIFE IS 10% WHAT HAPPENS TO YOU AND 90% HOW YOU REACT TO IT.”

Don’t forget to nurture your mind with positivity. Negativity leads to stress and stress can accelerate neurons death, i.e. aging. Stress can lead to different diseases.

How to Stop Worrying and Start Living

One of the ways to stop worrying is to make a plan. In fact, you should have a plan for everything, or as Benjamin Franklin said

“If you fail to plan, you are planning to fail”

Once Jom Rohn said to his mentor Mr. Shoaff, “If I had more money, I would have a better plan.” To which he quickly replied, “No, I would suggest that if you had a better plan, you would have more money. Remember, it’s not the amount that counts, it’s the plan.”

What is your financial plan? Do you have one at all?

Jim Rohn suggested the 70/30 rule which I love:

Learn to live on the 70% of your income, the other 30%:

10% saving – It’s good this process to be done automatically in a separate bank account, so that you don’t forget or you don’t spend the money unnecessarily

10% giving - charity

10% investing – Invest in the stock market, property. There are so many options. The key is to engage in commerce.

Here is also the Formula for Financial Independence by Tony Robbins

1. Spend less than you earn and invest the difference.

2. Reinvest your returns for compounded growth.

3. Reach a critical mass of investment capital that creates the annual income that you want.

I've found his Financial Freedom Workbook also very interesting - Please, check it out - https://www.tonyrobbins.com/pdfs/FinancialFreedomWorkbook.pdf

“Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.” Jim Rohn

Once you have a plan, organize it by priority and sequence – What’s the most important? What do you need to do the first, what do you need to do the next, etc? Then discipline yourself to take actions every single day!

The tip number 1 and the core of the success for me, however, is constantly to become more valuable - more valuable to the market place.

Below are some great thoughts about that by the one and only Jim Rohn:

1. Success is something you attract because of the person you become.

2. We get paid for bringing value to the marketplace. It takes time,... but we get paid for the value, not the time.

3. The key to getting paid very well in the marketplace is to develop very valuable skills.

4. Don’t bring your needs to the marketplace, bring your skills.

5. Learn to work harder on yourself than you do on your job. If you work hard on your job you can make a living, but if you work hard on yourself you’ll make a fortune.

For more, please, check out this link: https://inspirationdimi.wixsite.com/dimi/single-post/How-to-Become-a-Coach

How can you become more valuable to the market place? What skills do you need to learn, develop, master? Public speaking skills, video skills, FB live - whatever it is, start doing it NOW!

#positivity #sunshines #money #plan #value #financialplan #stopworrying #success