Everyone has their own achievements - in their relationship, career, education and of course, within their own self. These achievements are something to be proud of, used to inspire others and to their share wisdom. Whether it is a simple thing that is achieved or a great one, it is one thing that is valuable to a person.
Why do people want to have an Achievement?
One reason I can think of is having the goal to be better. Better person, better relation, better career, in short Achievements are a proof of improvement, growth, change or maturity.
In order to success and achieve your goals, you need this four things
Dreams
- Dreams are for free so you dream big and do not limit yourself
- Think of what makes you happy and list it down
- Your dreams are who you want to be, what you want to do, where you want to go and what do you want to have
Goals
Make your goals S.M.A.R.T. (Specific, Measurable, Attainable, Realistic, Time bound) and in-line with your dreams
Timeline
It is your plan, lay-out or outline towards your goals and dreams.
Make it simple an detailed. Start with simple tasks you will do daily, weekly and monthly.
Track Record
Use this to monitor your process, steps taken, results and challenges.
It is great to look back and see what happened for the day or the week and how it went towards your success. If the result is good, your a step closer to your goals. If you encounter difficulties and challenges, make this things an inspiration on how to be better.
The past is unchangeable and the future is uncertain,
We live "Now", it is the Present and a Gift
What is needed today is your Decision towards the achievement of your goals.
Thank you for spending time to read this article.
Hope you learn a thing or two.
Credits to this article for giving me an idea on what to write about.
One day a farmer's donkey fell down into a well. The animal cried piteously for hours as the farmer tried to figure out what to do. Finally, he decided the animal was old, and the well needed to be covered up anyway; it just wasn't worth it to retrieve the donkey.
He invited all his neighbors to come over and help him. They all grabbed a shovel and began to shovel dirt into the well. At first, the donkey realized what was happening and cried horribly. Then, to everyone's amazement he quieted down.
A few shovel loads later, the farmer finally looked down the well. He was astonished at what he saw. With each shovel of dirt that hit his back, the donkey was doing something amazing. He would shake it off and take a step up.
As the farmer's neighbors continued to shovel dirt on top of the animal, he would shake it off and take a step up. Pretty soon, everyone was amazed as the donkey stepped up over the edge of the well and happily trotted off!
MORAL : Life is going to shovel dirt on you, all kinds of dirt. The trick to getting out of the well is to shake it off and take a step up. Each of our troubles is a steppingstone. We can get out of the deepest wells just by not stopping, never giving up! Shake it off and take a step up.
Remember the five simple rules to be happy:
1. Free your heart from hatred - Forgive.
2. Free your mind from worries - Most never happens.
Is it the same as Financial Literacy and Financial Management? How can people relate with this stuff?
Where does one learn Financial Education?
Let me give you an overview...
What is Financial Literacy?
Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances.
In Asia Pacific and Middle East Africa
A survey of women consumers across Asia Pacific Middle East Africa (APMEA) comprises basic money management, financial planning and investment. The top ten of APMEA Women MasterCard's Financial Literacy Index are: Thai 73.9, New Zealand 71.3, Australia 70.2, Vietnam 70.1, Singapore 69.4, Taiwan 68.7, Philippines 68.2, Hong Kong 68.0, Indonesia 66.5 and Malaysia 66.0.
Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.
Scope/Elements
Investment decisions includes investment in fixed assets
Financial decisions
Dividend decisions
Objectives of Financial Management
The financial management is generally concerned with procurement, allocation and control of financial resources of a concern.
The objectives can be:
To ensure regular and adequate supply of funds to the concern.
To ensure adequate returns to the shareholders which will depend upon the earning capacity, market price of the share, expectations of the shareholders.
ABU DHABI // Filipino migrant leaders are teaching their compatriots how to manage their hard-earned money, invest their savings and prepare them to reintegrate into their communities back home....
The move follows a financial literacy "training of trainers" organised in Dubai by the Ministry of Labor, not only for Filipino migrants but for those from Bangladesh, India, Pakistan and Sri Lanka.
A series of workshops were held in January by representatives from Atikha, a non-governmental organisation that provides economic and social services to overseas Filipino workers (OFWs) and their families in the Philippines. Atikha also developed a training module that was applicable to other migrants.
The financial literacy seminars discussed basic concepts of saving, investing and borrowing and the various investment instruments that Filipinos could utilise.
"It is our nature to make sacrifices for the family," Mr Junio said. "We need to know how and when to say 'no' to some of their demands."
Just click the link to read the whole article.
For a review about the banks in the Philippines such as Bangko Sentral Ng Pilipinas, Banco De Oro, CitiBank Philippines, Bank Of The Philippine Islands, Union bank, Philippine National Bank, Metrobank, Security Bank, Land Bank Of The Philippines, HSBC Philippines and China Bank Philippines click here.
So where do we learn this Financial Stuff...
For me, I learned from a book. Then through videos and eventually through seminars. There are people that have knowledge and wisdom to share about Financial Literacy, Financial Management, basically finding Financial Education.
Robert Kiyosaki has been one of my Best Mentors. Who is he? Wikipedia says Robert Toru Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator. Kiyosaki is perhaps best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written over 15 books which have combined sales of over 26 million copies. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" CDs and disks.
As a devout global financial literacy advocate, Kiyosaki has been a staunch proponent of entrepreneurship, business education, investing, and that comprehensive financial literacy concepts should be taught in schools around the world.
Here is a video or Robert Kiyosaki talking about Financial IQ
Here is my Conclusion:
Financial Intelligence means being Financially Educated and having a Financial Management System that works for you.
It is Important that each person has a High Average Financial IQ for money has a very important role in our life today.
To be Financial Educated, it starts from within. Your DECISION. Decide to be financially educated, raise your financial IQ and have a financial management system. Resources are available at hand. It can be your friends, family, books, newspaper and Internet.
Spending is using the money you earned to buy goods and services that can be consumed immediately.
While saving is setting aside hard-earned money to be used in a certain time.
There two classifications of Savings: Short- Term and Long-Term. A short-term saving can be the amount of money one person needs in order to sustain his needs for at least a year. Long-term savings are usually a large amount money that is set aside for future investments or larger expenses.
Now let's take a look in the picture on the side.
It is an usual spending and saving habits based on a certain amount of money by people in the ages of 20's, 30's and 40's.
In a 200 Pesos, a guy in 20's can spend it for cellphone case or save it in his contribution to the government. A person in his 30's might spend the money for a shirt or save 200 pesos in his savings bank account. A 40's guy most likely will purchase a cologne or use it for his travel insurance.
Given a Million Peso, one have the option to spend it for his dream car, dream house, wedding and honeymoon or to save it for a business, financial protection and other investments you can think of.
In reality, spending money makes you enjoy its benefits right now and then. You trade your money into something valuable to you and can make you happy at that moment. On the other hand, saving money can make your money grow through interest at a given time. It is money earning money. You just have to look for a successful savings plan that suits you and your dreams.
Income leads to Expenses and Savings.
Expenses leads to having Just enough.
Savings leads to Investments.
Investments leads to more Income.
Now,either you spend your money or you save it, the decision is up to you.
Dreams
+-+Copy.jpg)
