9 New Year’s resolutions for 2017

The end of the year is always an important time as it allows you to take stock of all that you have accomplished, and also on what you haven’t. Here is a list of good intentions on which to reflect and to put into practice in order to ensure that your financial situation in 2017 will be remarkable.

1.Focus only on the important things.

Not all activities are equally important and not all have the same earning potential. A skill that rich people possess is the ability to focus only on activities that are really important. These activities are defined as Ultra High Value Money activities. Start to make a list of high-potential activities and focus on these priorities.

2.Create at least two sources of alternative income

The world in which we live is changing. Technology is replacing many jobs and the labor market as we know it will become increasingly volatile and competitive. To make sure this mechanism doesn’t affect you, make 2017 the year of your alternative income. Create rental income by buying properties and renting them out. Learn to manage and invest your capital in a profitable way. This will ensure that you will have a free, and certainly better, future.

If you want to start drawing your life, download the first two chapters of my book Money Makes You Happy: download now here!

3.Design your lifestyle.

The beginning of the year is also a time of dreams and good intentions. Try to close your eyes, take a step away from your daily life and ask yourself this essential question: what is the life that I truly wish to live? What would I like to do in the morning when I wake up? Where would I live to live? What job would I like to have? Often the life of your dreams is more affordable than you think, all you need to do is be clear about your goals and use the time you have available to achieve them. It will not be easy, it will not be immediate, but it is certainly possible.

4.Invest in yourself

The best investment you can make this year is to invest in yourself. Devote at least four weekends a year to learn, grow, discover things you do not know. Investing in yourself is a result of activities guaranteed to help you earn and the skills you learn you’ll never lose.

5.Focus on your economy.

Stop listening to debates endlessly discussing the economy and the crisis and instead focus on your financial situation. Ask yourself: since last year, have things improved or become worse? Have I gained more or less? You’ll find that it is much more productive to concentrate on what you can change, rather than on things over which you have no control. Plan your economy and be happier.

6.Only ask advice from people who have already obtained results

Would you ask for swimming lessons from someone who doesn’t know how to swim? Would you ask a child to teach you how to drive? Of course you wouldn’t. So stop asking for advice about money from people who have not achieved extraordinary results in that field. Learn to recognize mentors and follow them in the field in which they excel.

7.Learn to recognize your own worth

Many people fail to get the best results with money because they are not aware of the value they themselves can create. If you do not know your worth, you will never get anywhere in life. Stop for a moment and write down all the strengths you have and focus on the things that allow you to improve them and make them visible to others.

8.Keep track of all your expenses and your costs

You cannot get financial results if you do not know what your financial situation is and what your real costs are. Train yourself to track your earnings and your expenses, and do a periodic check to see if you’re staying on track.

9.Plan to expand your network and make new friends

Extend your network of friendships and the knowledge to which you have access. New levels of information can be useful to you on your quest for financial freedom. You can learn many things, just by doing new things and by listening!

Happy New Year 2017 and To your Financial Freedom!
Alfio Bardolla

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