Showing posts with label 2009. Show all posts
Showing posts with label 2009. Show all posts

16 Jun 2009

Financial goals 2009

Hi everyone,

This blog has really been neglected. I'm updating with my financial goals for this year, no use talking about things I'm not doing, I really need to get focused. Something else I realised about plans is that they direct your actions, it's funny how my thinking about money has changed these days. I'm finding it easier to channel my limited resources into different areas so that my money is working for me and it's thanks to the plans that I have.

£5 can be £5 in your wallet, £5 in an ISA tax-free interest account, £5 towards paying off debt, £5 towards my shoes, £5 for investment in shares or something else. Make your money count, make your money work for you.

Increase my financial knowledge

Read at least 8 financial books this year covering investment in shares/real estate and starting your own business

Write a post on this blog about what I learnt from these books and at least 1 or 2 things I will either start, stop or continue doing as a result of what I have read

Attend at least 2 financial seminars on real estate investment in the UK

Prepare my financial statement including income statement and balance sheet

Start a new stream

Research and pray about different options available to me

Divert at least £60 a month from ISA into RW


Get out of 'bad' debt

Determine how much I am owing and consolidate into one account

Divert 'excess' into AB and give card to Y.A

Pay at least £100 each month towards offsetting the amount


Make the most of my ISA

Set up direct debit for £x per month from salary account to ISA

Divert at least half of this amount into investments


Open KK account

Open KK account in 2 geographical locations

Research on options

Giving

Pay my tithe (10%) and offering faitfully from every paycheck and profit

Continue to support D.A through World Vision

Support another ministry outside KICC at least twice this year


Well, this is a very skeletal plan, I aim to refine it as I go along, rephrasing and also adding the time at which the goals should be accomplished by. I've already done some of the things on the list but I know I definitely still have a lot more to do. So what's stopping you? Get to writing. You haven't defined your dream, vision or goal until you've WRITTEN IT DOWN. Next step, 5 year financial vision!

Stay focused!

27 Feb 2009

Wealth Creation...Write the vision

Then the LORD answered me and said: WRITE the vision and make it plain on tablets, that he may run who reads it. For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry Habakkuk 2:2-3 (New King James Version)

And then God answered: "WRITE this. WRITE what you see. WRITE it out in big block letters so that it can be read on the run. This vision-message is a witness pointing to what's coming. It aches for the coming—it can hardly wait! And it doesn't lie. If it seems slow in coming, wait. It's on its way. It will come right on time Habakkuk 2:2-3 (The Message)


Hi people, it's been a while I know and I apologise. 2009 is a year of better time management skills! This has been on my mind for a while now and I just thought to share it. Every year at KICC we are encouraged to write our vision for the year. Even now, Pastor Matthew talks about having 5 year, 10 year and 20 year visions.

What is a vision or what is vision? Vision simply means to see, I can see the words I am typing because I have vision but to have a vision is to see something that is beyond the ordinary. Martin Luther King had a vision about freedom. Richard Williams had a vision about his daughter's careers. So what is our vision for our lives? What is our financial vision?

We've been reading about money, spending it, making it, talking about it but now we need to have a vision for it. Think about 2009, where do you want to be financially. Think about it and write it down, no matter how small or big your vision is write it down. If possible, write it where you can see it on a regular basis so you can keep track on what and how you are doing. It doesn't have to be written with big words, the Bible says make it plain! it's not an essay it's a vision of what you want your financial status to be at the end of 2009, for some people it's simply becoming debt free. Say it out loud to yourself, my vision for 2009 is to be debt free, for some it might just be to acknowledge TRUTHFULLY to yourself what the state of your finances are..

In a few days (hopefully!!) I will put up my financial vision for 2009 on the right hand column of this blog. I like the way the Message translation says it, write what you see in BIG letters. The next step is actually setting SMART goals to enable you walk towards the vision. Your financial vision is like a destination, your goals are the steps you take to get there. That's a different post.

If you are a praying person, ask God for grace and strength. It doesn't matter where you are now, what matters is what we do from this point onwards. So what you doing? Get to writing...

Question
Do you usually write down a vision for your finances?
Why/Why not?
If you do, where do you write it?

Remain blessed and highly favoured. 2009 has to be a different year for us financially.

19 Jan 2009

Wealth creation...

I've just a read a post on A Day in God's will on not a job but your Eden. See here. I encourage you all to read, there is some thought provoking stuff there.

It's made me think about wealth creation. I really want this blog to be as practical as possible. What are the strategies for wealth creation? I use the word wealth and not money because I believe wealth is more than money. I see wealth as something that is beyond me and mine but includes good health and also being able to be a blessing to my generation. I am reminded of Bill Gates and all the research he and his wife fund all around the world.

Question is what can I do to create wealth in 2009? I am working on my vision for 2009 in the area of my finances. I think that is a step in the right direction even though it's not enough. What about you? What are you going to do to make 2009 a different year for you in the area of your finances?