Cultivating the Traits of Someone with a Successful Financial Blueprint
We write a lot here about building a financial blueprint — the goal plan for the financial aspect of your life. However, we don’t always talk about how to actually get that done. You need to make sure that you’re always thinking about what’s going to be right for your own interests not just what other people are going to approve of. This is a road block that often leaves people wondering…just what does it take to have a successful financial blueprint. We decided to break that down for you.
You see, the first thing that you really need to have is a sense of where you’re going. If you don’t have any defined and realistic goals, you’re not going to get anywhere fast. If you try to take on too much, you’re going to end up making yourself very disappointed. It would actually make a lot more sense trying to focus on what you can do in your life than just assume that everything is lost because you’re in debt, or you’re living somewhere that you really don’t like. It’s up to you to figure out what you’re going to do in your life — nobody else can really do that.
Once you have purpose, you need to see what tools you have at your arsenal. You need to think about how you can bring your skills to the table, rather than just getting discouraged. It’s all about making sure that you’re going to figure out these things in advance, or you’re going to be pretty disappointed. You just need to make sure that you can handle the little things before you take on the larger things in life.
Are you a saver? People that have successful financial blueprints usually are. If you’re someone that just can’t imagine living for tomorrow, you need to figure out why that is. Trying to figure out where you stand mentally can be an exhausting experience, but it’s an experience that’s truly worth it.
You might find all of this to be a very emotional experience, but that doesn’t mean that it’s not worth looking into. You have to decide what you’re going to do and what you’re not going to do. If you find that you can’t do it all on your own, don’t get upset. Some of the most successful people have plenty of advisers around them. Why shouldn’t it be that way for you? Why shouldn’t you have the best experience possible from what others can help you through? It’s not always the right information per se, but it’s all about knowing that you’re really not alone. This is the case if you’ve found that you’re hitting the same wall over and over.
The best example would be if you find yourself in debt. You might come to a point where you really can’t get out of debt just by curbing your spending. This is where you might have to explore bankruptcy, or something like an Individual Voluntary Agreement, where creditors agree to lower your payments in exchange for you actually paying the remainder off. It’s not for everyone, but it can definitely help.
Where do you go from here? Why, back to the drawing board. You see, most successful people don’t just stop at one financial blueprint. They go farther than that. They make multiple versions and see which one is going to let them get what they want. They think through their actions and figure out what’s going to allow them to reach their goal. And once they reach one goal, they actually go further by looking at how they’re going to sustain those results. It’s very easy to end up not being able to reach goals that are too unrealistic.
Do you want a raise? Another promotion at work? Do you want to go on vacation with your family? Write down your heart’s desires and don’t think about what other people think about them. After all, are they really living your life? Probably not.
