Tuesday, November 23, 2010

Claim and Commit to Your Financial Goal

I know this may seem as a "non-contributor" in a financial planning guide lesson but I want to clarify this issue and how it relates to our financial life.

As human beings, we often relate financial freedom to having lots of money, or how much a person earns (whether through a job or business), how much money he can spend for non-appreciating assets, his number of cars, the size of his house, etc... So in a natural way, we usually relate wealth to the amount of money a person has in his bank account. For most people, if you don't have a big house, don't drive a Ferrari, don't have a luxurious yacht, or when you don't have the latest cellphone, then you are not rich.

The problem with this kind of thinking is that we human beings have acquired an attitude towards how we view a person's financial life. Often, when we set our financial goal, we only see the money involved and fail to realize that having money is just an external thing.

What do I mean by an external thing?
I actually believe that a person has two (2) kinds of environment, his external and internal environment. (This was also mentioned by my mentor Bo Sanchez)
An external environment is where you are physically, how your life is currently doing, the situation you are currently in - in simple terms it is the NOW of your life.

An internal environment is inside your brain, your internal thinking, your view in life, your values - in analogy, it is the CPU (the main internal processing of a computer) of your life. This internal environment will define your actual reactions to real-life situations that happens in your life.

Now that we understand both, what in the world does this have to do with financial freedom viewed as having lots of money?

The answer to this question is - EVERYTHING.
Your internal environment will be the key to attaining your financial goal. In claiming and committing to your financial goal, you must not only view your goal as an amount of money that you want to attain but a financial plan that you have already written in your head. It is a financial plan that no failure can make you give up because you already saw yourself achieving that financial goal in your mind.

Focusing on money alone is not a strong enough reason to achieve your financial goal. You must commit to a dream, a financial plan, and a love (it can be more time with your family) you want to pursue. In other words, it is the WHY you want to be rich that will keep you going rather than having money alone.
Find these reasons why you want to achieve financial freedom and remind yourself of it everyday. Touch it in your thoughts, feel it in your thoughts, and envision it in your mind daily. This is how you can truly commit to your financial goal!
Now go and apply this financial planning guide lesson in your life right away.
To our financial freedom.

I am Jake Bere, an entrepreneur from the Philippines. I am highly trained in face to face selling and the aspects of marketing. I currently owned a sales and distribution business that sells consumer products. I like talking about investments, the Philippine Stock Market, Marketing strategies, and business ventures in the internet.
For other financial planning strategies please check out my blog.
http://financialplanningguidecebu.blogspot.com/

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