All of us want success in our lives, yet a lot of us can’t stop wondering why we haven’t reached the level of success we truly desire. Achieving success is really about managing resources toward the direction you want so that you can accomplish your goals in life.
With a little planning and taking the right actions, success is assured. Success is nothing more than having our goals. Therefore, if we believe we haven’t reached the success we desire, we should ask ourselves – what are our goals in life, what resources that we need to achieve the goals, how long will it take to reach the goals? With no clear direction in mind, failure is assured. To be able to achieve our goals, we have to be SMART. We have to set goals that are Specific, Measurable, Achievable, Realistic, and with a clear Time Frame. Are you SMART enough?
Time and money are two most valuable resources you can have simply because you can have no more than 24 hours a day while money becomes the most acceptable measurement of success. Manage your time and money wisely and success is all yours. The following are three major pitfalls in managing time and money. They are simple acts, applicable for both managing time and money, but can put you in serious trouble if you are not careful enough.
1. Procrastination
Your Procrastination when you keep delaying paying your bills or doing the things in your to do list. Being late in paying bills can end up in hefty charges, on top of the interest, often times well exceeding the principal amount you are supposed to pay. When you keep delaying actions, you will need much longer time to complete a task. In business, extended time means extended cost– it is important to keep everything short.
2. Unnecessary spending
Self indulgence is important since we want to give appreciation to the person closest to us – ourselves. Yet sometimes we underestimate the long run accumulation of unnecessary spending of time and money. It is important to allocate time and money for enjoyment as much as to allocate time and money for serious businesses. Therefore, you can make sure that one doesn’t go at the expense of the other. You can definitely have the luxury of eating out or traveling to exotic places, just make sure that you have the budget and that you also put some money into your saving. You can definitely spend time for chatting on the internet or playing computer games, just make sure that you have allocated the time and you do it within the allocated time.
3. Taking risk
Being prepared for contingencies is a must because during emergency all priorities will be messed up, taking away resources from our most desired goals. In business, risk can jeopardize profits. We can’t afford risk, especially if we can take precautionary steps. In terms of money, taking risk may include excessive credit card use, which seems convenient when you are in need. Until someday you realize that the minimum pay eats up a big chunk of your salary and you start working for credit card companies instead of working toward your future goals. Success calls for long term consistent actions, little and simple steps probably all what it takes. The above steps seem easy enough to handle but it requires self discipline. After all self discipline separates the winners from the losers.
With a little planning and taking the right actions, success is assured. Success is nothing more than having our goals. Therefore, if we believe we haven’t reached the success we desire, we should ask ourselves – what are our goals in life, what resources that we need to achieve the goals, how long will it take to reach the goals? With no clear direction in mind, failure is assured. To be able to achieve our goals, we have to be SMART. We have to set goals that are Specific, Measurable, Achievable, Realistic, and with a clear Time Frame. Are you SMART enough?
Time and money are two most valuable resources you can have simply because you can have no more than 24 hours a day while money becomes the most acceptable measurement of success. Manage your time and money wisely and success is all yours. The following are three major pitfalls in managing time and money. They are simple acts, applicable for both managing time and money, but can put you in serious trouble if you are not careful enough.
1. Procrastination
Your Procrastination when you keep delaying paying your bills or doing the things in your to do list. Being late in paying bills can end up in hefty charges, on top of the interest, often times well exceeding the principal amount you are supposed to pay. When you keep delaying actions, you will need much longer time to complete a task. In business, extended time means extended cost– it is important to keep everything short.
2. Unnecessary spending
Self indulgence is important since we want to give appreciation to the person closest to us – ourselves. Yet sometimes we underestimate the long run accumulation of unnecessary spending of time and money. It is important to allocate time and money for enjoyment as much as to allocate time and money for serious businesses. Therefore, you can make sure that one doesn’t go at the expense of the other. You can definitely have the luxury of eating out or traveling to exotic places, just make sure that you have the budget and that you also put some money into your saving. You can definitely spend time for chatting on the internet or playing computer games, just make sure that you have allocated the time and you do it within the allocated time.
3. Taking risk
Being prepared for contingencies is a must because during emergency all priorities will be messed up, taking away resources from our most desired goals. In business, risk can jeopardize profits. We can’t afford risk, especially if we can take precautionary steps. In terms of money, taking risk may include excessive credit card use, which seems convenient when you are in need. Until someday you realize that the minimum pay eats up a big chunk of your salary and you start working for credit card companies instead of working toward your future goals. Success calls for long term consistent actions, little and simple steps probably all what it takes. The above steps seem easy enough to handle but it requires self discipline. After all self discipline separates the winners from the losers.
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