On what is our final newsletter for 2011, we reflected on what has been am amazing and tumultuous year in so many ways. And so we came up with what we believe to be the 10 commandments to thrive in 2012.
I. Thou shalt pay thyself first
This means paying yourself first in money and in time..particularly money. If the current European financial problems have taught us anything it’s this; basic financial management. Regular and disciplined savings, spending and debt repayment patterns set up the fundamentals of your financial fortress that will lead to your financial freedom. Pay yourself first then pay everyone else…and do pay them!.
II. Thou shalt give of thyself time and money.
Contribution through your profession or volunteering time and money to causes and/or charities that mean something to you is critically important to your inner self. It does not need to be scheduled. A donation of money takes 30 seconds. Many charities also allow a direct debit monthly donation from a bank account or you can set up a direct credit from your account to the charity.
III. Thou shalt honour all agreements made
Honour all agreements and contracts; be they verbal or written. If you can’t, then at least contact the individuals or organisations involved to apologise or make alternative arrangements. Paying of accounts on time or ‘delayed with notice’ is a good thing.
IV.Thou shalt continue to invest in thyself
One would think in 2011, ongoing learning is a no-brainer. Yet in Australia, our literacy and numeracy levels have actually dropped in the last 5 years. With global competition from others who want to have the same standard of living that we in Australia enjoy, the maxim now is flexibility, adaptability and versatility. And let’s be clear - global competition is here – now!
V. Thou shalt spend thy time and money wisely
Contrary to opinion, time cannot be saved up. Money and plenty of it, helps give you more choices around how you spend your time. Investing your money is now a committed subject that, when mastered, gives you freedom of time usage.
VI.Thou shalt not panic
Testing times are going to be a constant source of stress; so take a deep breath and take a step back. It does wonders.
VII. Thou shalt not try to keep up with the Jones’
Many Australians are under financial stress because they want to look rich. This stops them from actually being rich. The new house coupled with the new furniture and large screen TV does not generate any income. Sometimes delayed gratification leads to even better results with a dollar.
VIII. Thou shalt dress in attire that makes thou look and feel good
Within your budget, dress and look your best. It does wonders for your own self–esteem. An exercise regime, even a daily walk, is good! When you feel healthy and look good, you feel great and others naturally see your greatness.
IX.Thou shalt ask for help when thou need it.
It’s OK to ask for help – asking for help from experts is a good thing. Coaching consulting that sort of thing is good. Just be careful what help you require and who really does know the answer. Unless your neighbour has at least 5 or 6 investment properties, he/she is probably not the person to ask for advice on what suburb to buy an investment property in.
X. Thou shalt guard thy reputation
Your reputation is paramount; and this aligns greatly with your personal conduct and behaviour. In all things you do or say, stay aligned to your beliefs. Given email and social media and Youtube, it takes only a second before your reputation can be “mud”.
