The Quality of Life Blog
More on Getting What You Want: The Living Wealth Plan
September 13, 2009 by Mark T. Rafter
Continuing with my exploration of Jack Canfield’s Success Priniciples in my series: Mark & Jack.
As you may have noticed, it’s not working out to one a week either…so what? When I work though each of these principles and figure out what they mean to me and how I can integrate my expereinces into what I teach others, THEN I move on.
Last time time I broke the different areas of our existence (ya know … life?) into 9 areas, physical, mental, financial, etc. (Mark & Jack post No. 6) to be used as categories for goal setting, etc. You may have 5 or 16 or you might like 9. It don’ matter tah me … do your own thing.
Set goals in each of these areas, implement an action plan (a HUGE factor in success … some of us are AWESOME at making To Do Lists and never finishing) and move on to the next fun thing. Some of these can be brief. A Physical goal for example might be “exercise 4 times per week” and/or “weigh 175 lbs. by Dec 31 2009″).
Could be complex too as you figure out your financial goals for different phases of your life. I actually recommend this, SPECIFICALLY for financial goals. If you say, “I want financial independence by age 48″, that is not specific. It is much more realizable to look at the next 30 days, the next 6 months, the range of 6 to 24 months, 2 years to 5 years, etc. and identify things like net worth, cash flow, debt, hard assets, etc. for those time frames.
It’s OK to start with, “$2.5M liquid net worth by age 48″ but you will have to break that down to an action plan that is starts in immediately. Then, and this is the good part, you tie that into the other aspects of your Living Wealth Plan and figure out where that monetary wealth is coming from (vocational), what you need to do to get to it (mental, realtional) and who you have to be (personal, spiritual) to get there.
Someone once said that the best thing about becoming a millionaire is not the million dollars but the type of person you become along the way.
Now that’s a plan.
[...] This is the 4th week in my series, Mark & Jack: 52.4 Weeks of Living the Success Principles, my quest to master the Success Principles as written by Jack Canfield in his book of the same name. Last week’s blogs were about getting what you want and my approach to helping people create a Living Wealth Plan. If you didnt read it, check out how I applied this in my own life and some tips on how it can help you to be successful. [...]