I spent most of my weekend in Toronto contemplating starting over financially again, creating an even stronger plan and going after my financial goals with more fervour. As I have written many a time before, I am frustrated with the impact that my emotions and moods have on my finances, they create an uncontrollable demon; my alter ego: “Spenderella”. In all honesty, I didn’t stew over finances the entire weekend; I took time out to wander Queen West and had an amazing sushi dinner at Ja Bistro on Richmond Street. Not to worry, the only money spent was on some macarons from Nadege Patisserie and my dinner.
I sat down Sunday afternoon, reworked my plans, and started on a new 3-year plan. With a week of financial learning at Fincon ahead of me, it couldn’t be a better time to sit down and refocus. I’ve done nothing buy pray for focus and determination with my finances for months on end and finally, they’re being answered. I recently started reading “Smart Women Finish Rich” by David Bach and although I am past many of the basic financial reasoning in the book, some of it is worth repeating. The chapter “Figure Out Where you Stand Financially” had a slightly different and valuable exercise on goal creation for “designing your own life”. It’s odd because as I did the exercise, it reminded me that I do the exact same thing for my job and yet surprisingly I never put as much effort in for my own personal hopes and dreams. Although I did put more effort in for my 2014 goals, it was the willpower and follow through that was lacking.
It is important to create goals that fit your values
Another key point I’ve learned from this book as well as Tony Robbins Awaken the Giant Within, is that your goals must coincide with your values. If any part of your life or goals are in direct conflict with your values, you are in deep doo doo and you’ll feel constantly frustrated and bewildered. Sound familiar? Welcome to my world.
Values are quite different from goals and many people (myself included) are prone to mixing them up on occasion. Things like Freedom, Happiness, Success, and Love are values and those little catch phrases such as “I want to retire by 55 with a million” are our goals. I’ve narrowed down my goals to seven from a previous fourteen that I had on my list and I have five goals to target for the next three years.
Values that are important to me:
- Making a difference/Contributing
The full list of 14 is much longer but these are my important ones.
My goals have been simplified for the next three years and I’ll be focusing on:
- Be Debt Free
- Buy a home
- Invest in stocks
NOLA here I come
For the remainder of the week, I’ll be in NOLA and learning more about finances, blogging and great food. Okay, so the great food part isn’t part of Fincon. That’s my personal learning time. Depending on time, internet access, etc., I may or may not be posting for the rest of the week. We’ll see how it goes. I would love to post updates, so fingers crossed that internet is free. I prefer not to pay the outrageous hotel prices.
I’m off to clear up my work tasks and finish packing.