What’s your money strategy? Do you even have one?
If not, it’s not uncommon. Until two years ago, I didn’t have a financial plan, whatsoever.
Even though I’ve been reading about money, finance, and investing ever since I made my first few bucks as a teenager, I never created a financial plan.
But now, I think every single working professional needs a financial strategy. How do you spend your money? How much do you save? What are your thoughts about debt? How do you invest your money? How much money do you need to retire?
These are questions that every person who makes money must answer.
Let’s face it. If you want to retire comfortable (I’m not even talking about living a luxurious lifestyle), you need to get rich.
I love to learn. And reading is my favorite way to learn. But sometimes I get tired from reading. Do you know that feeling?
I try to read two books per week. But when I’m working on a lot of things, and have an irregular schedule, like the past three months, I tend to read less.
But no matter what’s going on in my life, I must read at least one book a week. Why? Reading is simply my favorite time of the day. Reading gives me energy and new ideas. That’s why I do it.
But for the last three months, I’ve been working on a lot of things. We opened a new office, and I spent a lot of time with my hands tied: Moving, decorating, putting together new desks, painting walls, building a garage-gym in our warehouse, you name it.
Every piece of personal or professional growth you achieve in life starts with one thing: Self-knowledge.
Lao Tzu, the ancient Chinese philosopher, who lived in the 6th century BC, put it best:
“He who knows others is wise; he who knows himself is enlightened.”
Whether you want to make a million bucks, build a strong relationship with your partner, or get in the best shape of your life — you can’t improve yourself without knowing yourself.
Self-knowledge is a skill, not a trait, talent, or divine insight. I used to live my life without one bit of introspection. Naturally, I had no idea who I was. Now, I’m getting better at it with practice. And the impact on my life has been huge.
When I grew up, it wasn’t cool to read. These days, every coffee shop is packed with folks that are reading a book while sipping on a latte.
That’s a great shift. I’m also reading more books than ever. But here’s the thing: It’s not about how many books you read, it’s about how much you retain from what you read.
Most people I talk to don’t have a reading strategy. They just pick up something and start reading. I used to be like that. But now, that’s unthinkable to me. Sure, you might read a novel for entertainment.