3 Rules to Break for Financial Success

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3 Rules to Break for Financial Success

(FinancialHealth.net) – It isn’t hard to find financial rules for success, but many of them can be confusing for people who are well educated in the confusing realm of finances.

“Buy low, sell high!”

Buy what? Stocks? How? Which ones?

So how do you start out on the road to financial success without what seems like a wealth of knowledge required to get you there? The answer? Break some rules.

Invest in You

There is no doubt that investments hold one of the keys to financial success. What most people won’t tell you is that YOU may be your most important investment. There are plenty of jobs out there, but if you’re going to spend about half of your waking life somewhere, you ought to get some personal satisfaction out of it. And there are plenty of ways to invest in yourself and get closer to long term success.

  • Take classes. You don’t necessarily have to enroll in a degree program. There are plenty of technical and trade programs you might enjoy, but you also might just enjoy taking some classes to explore your creative side. Developing skills in an area you’re passionate about can easily lead to your ticket to financial freedom.
  • Get the right tools for the job. When you’re in a financial bind, it’s tempting to get disposable or cheap tools. But pretty soon, you have a large collection of scrap in the form of tools and projects that didn’t turn out right because you didn’t buy the right tools. When you’re exploring or developing your interests, do it the right way, with the right tools. Otherwise, you will never be able to gauge your skills, because they are hindered by the wrong supplies. And if it doesn’t pan out, at least you have something worth selling.
  • Stay the course. There are going to be distractions, critics, you own self-doubts, and a whole host of other things that can make it tempting to dump your dreams. Practice and patience are key here. Even artists born with natural gifts have to practice and grow.

Relocate Based on Opportunity

We tend to gravitate to what we are comfortable with, even if it doesn’t make us happy. Change is hard. That’s why some people only move once they get a transfer or find a job in a new location. Consider using another method and relocating based on where you can find the most opportunities. Do your research.

If you’re interested in being a chef, don’t move to a small town with only one restaurant. If you’re interested in being a nanny, don’t relocate to a retirement community. Instead, look for the places where you are most likely to have a variety of opportunities to grow financially in the way that you most desire.

Be the Squeaky Wheel

Do you go to work every day, keep your head down and focus on your tasks alone? If so, you may be keeping yourself from success. Now, we aren’t saying to annoy the crap out of your boss. But we are saying to look for ways that things can be improved. Share your thoughts with more than one person at a time, so no one can take credit for your ideas. Make your presence known. If people don’t know you exist, when it comes time for movement or promotion… they don’t know you exist.

Financial times are changing, and you have to be able to change with them. Just keep in mind no amount of money is going to compensate for your misery if you aren’t on the financial path that serves you best. Aside from that, there are a lot of people following the same rules, which leaves more room for success for the people who aren’t.

~Here’s to Your Financial Health!

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