The 10 Objectives of Great! Financial Planning

You asked for it, so I added it to the blog. In addition to covering the personal, business, legal, and health facets of your life, I have started addressing the Financial Facet of your life.

Property is one of your life’s precious resources. Whether your assets are financial or physical or tangible or intangible, a significant part of your own personal Greatness! revolves around acquiring, maintaining, protecting, and growing your assets. If you want to be Great! All the time!, then you have to become the master of all the facets of your life, including your financial facet.

Like almost everything else in life, the P10 Principle (Proaction, perception, planning, preparation, practice, and persistence promote practically perfect performance) can be used in the financial facet of your life. My goal is to help you be Great! All the time! by showing you how to develop and implement a total, coordinated plan for setting and achieving your financial goals.

No need procrastinating any more about it, so let’s proactively Get To It, Now! by beginning with the end in mind and perceiving your practically perfect performance from a financial standpoint.

Your financial objectives will depend on your unique individual facts, circumstances, goals, attitudes, and needs. Nonetheless, most people begin with these ends in mind:

  1. How to make more money on their job
  2. How to make more money in their own small business
  3. How to minimize their income taxes and other taxes
  4. How to budget the money they make
  5. How to save more money
  6. How to invest their savings
  7. How to retire and live off their savings and investments
  8. How to protect their assets against known and unknown risks
  9. How to manage their assets before, during, and after disability and death
  10. How to pass on what’s left to their loved ones and favorite causes after they die

Everyone should pay attention to the financial facet of his or her life. Many believe only the wealthy can benefit from financial planning. The greater truth is, however, if less wealthy people, who know less and, therefore, think less about their financial facets, started thinking more about their financial facet, then those less wealthy people could become more wealthy, more educated, and more informed about their financial facets, and then they could step themselves up the financial ladder.

People fail to focus on their financial facets for several reasons. Many give up trying before they even start, thinking their life is beyond their control and all they will ever be able to do is live from paycheck to paycheck. Or they often feel they have too little income and property about which to worry. Other times, they think they are “ok” financially, “all set,” and they “don’t need any help.” Almost all such assumptions are wrong.  People naturally procrastinate about financial planning because they think it is difficult and expensive. Actually, most of the time financial planning is both easy and inexpensive.

I will be making at least  one post a week on your financial facet, so be sure to follow my blog posts by email so you don’t miss a one of them.

[reminder]When was the last time you even thought about the financial facet of your life?[/reminder]

In the meantime, you GOTTABGATT!, so go out there today and be Great! All the time!

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