(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com)
Let's do it...
Let's do it...
Sounds very simple, but offers a great example of getting outstanding ideas from people.
Am sure we all were impressed by Nike's popular "Just Do It" ad tag, and to our amazement it was actually inspired during an execution of a criminal. Gary Gilmore, the notorious spree-killer, uttered the words “Let’s do it” just before a firing squad executed him in Utah, in the US in 1977. Years later, the phrase became the inspiration for Nike’s “Just Do It” campaign. The founder of advertising agency Widen + Kennedy, Dan Widen credits the inspiration for his "Just Do It" Nike slogan to Gary Gilmore’s last words.
Life is all about people, people and people. Speak to people, listen to people and you will end up getting some great ideas. Same is the case with your money management. Speak to money specialists for the right information. Otherwise sitting in front of the computer and searching the internet is like....
Your "Lets do it" attitude on money should be:
**Let's have SMART financial goals:
Goals should be Specific.Measurable.Achievable.Realistic.Time- bound.
**Let's have precise financial priorities:
Our priorities are endless and they keep changing. Rank your financial priorities in the order of importance and write them down as well. For eg., 1.My retirement, 2. Child's education etc., Getting your financial priorities correct will be key to a great financial future.
**Let's have ample insurance cover:
All one can give his family on his absence is the financial security and not the moral security. Life insurance is a great tool to give that financial security. Given the uncertainty in the world coupled with mobility of jobs, insurance is the best security for a family.
**Let's create wealth:
You are working really hard for your money, let's your money work equally hard for you.. What we earn is only one part; but what we create from that earning is another important part. Remember, some of the billionaires created wealth starting with few dollars in their wallet. By keeping your money idle, your doing injustice to your hard work... Save wisely, invest intelligently...
**And let's do a great financial plan:
Any long journey should start with great planning and effective execution. Castles are never be built on the air. And do remember - "Wealth planning and financial planning is not just for millionaires. It's more for people who aspire to become millionaires."
Speak to experts @ Money Avenues for your personalized financial planning and let's "Do It" for your bright financial future..
(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com)
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