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WHY SUCCESS: A FOCUS BEYOND MERE ACCOMPLISHMENT

Success is a word that is often misused or misinterpreted and is known to be highly controversial, with little or no context available. Growing up, we all wanted to be successful adults, but we didn’t have a clear definition of what this meant as we looked forward to what life had to offer.

Success
Success

Introduction

We all wanted to be the best either in a particular subject or an overall course, with no clear definition of what we wanted out of these life achievements. We then strive to be the best, not for any other reason but to be termed as successful, for others to admire and recognize. Although this was good and reasonable to some extent, we went about this with little or no depth as to why and what real success was all about.

I remember entering the university with the mindset of completing my undergraduate education with a first-class degree. I wanted to achieve this, and I followed various steps and principles to accomplish it. This is indeed an incredible feat and a great accomplishment, but to what end, hence the question of why and identifying the place of purpose in success and achievements?

Accomplishment

This primary refers to setting one or more goals and going all out to achieve them.  They are often tangible, with review and evaluation easily carried out to know if this goal was achieved or not. For example, I want to have ten thousand dollars in my account at the end of the year. If completed, one can tell by taking a quick look at their bank account.

There is usually a misconception between accomplishments and success. Even when others can see great feet and achievements all around you, it might not necessarily mean success. Therefore, we can be accomplished in our education, career, business, finances, or another area of interest but may not be successful. Due to our achievements, we sometimes look down on others, not realizing that they, too, could be successful and not necessarily achieve the feat that we are currently showcasing and are readily happy about.

Accomplishment a ladder to success
Accomplishment just like a ladder

Success

This concept is somewhat complex and not just about achieving one’s set goals. It is often a time personally defined, featuring several levels of accomplishments in one’s life. Success then refers to focusing not just on the present but on lasting legacies, overall well-being, and activities that drive purpose and fulfillment.

Victory is not just about being the wealthiest person in the world or the best in your career or business, but it is deeper than that. It is rather based on what you define it to be than just getting validations and the views of others. Therefore, comparing individuals might not reveal the true affluence of each, and stating that one is more successful than the other is a questionable statement, as life and purpose are entirely different.

I am not saying we should not aim to be the best at what we do or always strive to do better. However, we should also recognize that life does not end with our accomplishments but rather with understanding the more profound meaning or purpose behind them. This insight prevents us from undue pressure and comparison and helps us focus on our purpose, even if it seems that we don’t excel in it or that our colleagues or friends have advanced in a particular area. It also helps us understand our season and stay on track in our purpose or lane.

Why does success matter

Success drives purpose

Success goes beyond recognition and applause. It goes on to something more personal and deeper, helping you determine what truly matters to you and embarking on a personal journey towards life fulfillment. It brings one’s passion, purpose, gifts, and talents to life without seeking any form of validation. It also prevents one from living in a cliché of being the best in a particular area, but rather striving for an overall best version of oneself.

Success brings Liberalization

Liberalization is what distinguishes a successful and accomplished person. True prosperity gives you the liberty to choose life on your terms rather than what people consider life to be. It helps you to live your best life, stay more focused on your calling, and not just go everywhere or do anything that life throws at you. It provides a better platform for opportunities and choices on what to pursue and what not to do while not underestimating what others are doing, as it might be their purpose as well.

Success drives Influence

Success, like accomplishment, drives a place for encouraging others to be better versions of themselves. One could be shocked at how much value and Influence we can have on our friends, colleagues, and even family members, let alone outsiders when we take a step back to fulfill our purpose.

It spurs a sense of relevance and creativity, providing a better environment in which we can all thrive.

Success yields transformation

Purpose is considered a primary catalyst that brings change. It helps one bring purpose to life, making them distinct, creating better ideas for problem-solving, and establishing things of value not just in their immediate environment but also for the community at large.

Success brings Inner Peace.

Show me a successful person, and I will see a person filled with joy and happiness. Although these qualities are often abstract, everyone around them will feel the aura. They carry themselves with great delight, knowing fully well that they are in a great place and contributing their quota to humanity and life in general.

WHY SUCCESS: A FOCUS BEYOND MERE ACCOMPLISHMENT
Go get it

How to Attain Success

We now understand that there is an immeasurable and personal level to success; hence, the steps below could help spur us to achieve great fulfilment.

Obtain Clarity

When we have a clearer picture of our calling, it becomes much easier to know what to do to be successful in fulfilling it. Clarity spurs from a personal perspective, asking ourselves what afflence would look like to us. Is it when I have a family with well-raised children, or when I can train others to become better, or as vague as making the world better than how I met it?

This step is the most critical, as it requires a considerable level of thinking and understanding while evaluating one’s values, beliefs, and religion. This step requires a significant amount of time, as it helps one gain a clear understanding of their trajectory: recognizing what life has to offer and what they have to give in return.

Goal setting

Now that we know where we are going, we can then set targets to help us get there. It is important to note that we may not share the same vision or purpose, but we meet in a shared goal. We could achieve similar milestones, such as pursuing the same course or study or advancing in our respective careers. Still, we will never forget the importance of staying true to our personal and individual goals.

Acquire Skills

The journey to fulfilment requires us to continually improve by acquiring skills that can help us achieve our dreams and purpose. Attending a school for formal education or taking personal training can help us achieve this. However, it requires a great deal of sensitivity to recognize that one needs to improve daily.

Believe in yourself

Trust that you can get to a place of fulfillment of purpose. It is essential to reaffirm yourself, celebrate the small wins, and make room for failure —not as a reason to abandon the plans but as a means to become better. Staying true to this purpose with discipline, integrity, and trust.

Success brings fulfilment in life
Fuifilment

Support System

In as much that we want the glory tagged to us, there is a need to get support and buy-in from others not entirely on your purpose but instead on some short-term or long-term goals as no one is an island, and we usually cannot know it all. This support system will provide a guide to achieving some of our goals, which could ultimately contribute to our fulfilment.

Conclusion

Accomplishment is sweet and entirely good as it could give us a place of self-worth in the short run, but chasing them might eventually make us achievers rather than wealth. Being successful is not just about achieving but rather a state of fulfillment of destiny or purpose that ultimately drives happiness, joy, and significance.

Success is also not viewed based on others’ perspectives but preferably on one’s personal view, ensuring that we make life a better place and fulfill our purpose, keeping us in a state of happiness always.

Reference

Embracing the Power of a Success Mindset: Why Measuring Success Goes Beyond Numbers and Titles — Science of the Mindset

12 Smart Answers to “What Is Your Greatest Accomplishment?

Intimidation a Setback to Growth and Fulfillment – Bravuralope.com

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Financial fitnessGeneral

10 Money Management Tips for Financial Growth

Have you ever been in a situation where you are making money daily or monthly and need to know where the money is going or what you use it for? Then, you need to understand some concepts around money management and how to treat money at your disposal.

10 Money Management Tips for Financial Growth
Money Management

Introduction

Money management is a concept that focuses on a more deliberate approach to personal money handling. It highlights how much money you have and what you use it for. It is an essential skill everyone should learn for effective fund management in the home and society.

Money management encompasses planning, monitoring, tracking, and controlling one’s finances to stay liquid and stable as individuals.

Tips for Money Management

The below identifies vital actions to engage in to stay abreast of what your finances look like, helping you manage your money much more efficiently. However, it is essential to note that remarkable solutions can only come into play by getting tips or information and taking little actions and deliberate practice to get things done. They Include

Financial Goals

When we intend to manage money, we often have a goal in mind. Setting clear and comprehensive financial goals or aspirations forms the driving force for where we want to be. Setting weekly, monthly, short-term, and long-term objectives as an individual provides a holistic picture of your financial situation and aids in effective planning.

Setting a daily financial plan will aid and drive money management and the fulfillment of financial goals. A constant check-up on how well you are fairing and sticking to the plan will drive your perspective towards being a better money manager.

10 Money Management Tips for Financial Growth
Financial Goal

Expense Identification and Tracking

After setting goals, you must identify what you spend your money on. Is it to fund a lifestyle or to meet our present needs? We spend money on various things such as rent, groceries, school fees, time out with friends and family, including lunch and dinner dates, transportation, clothing, vacation, home repairs, car maintenance, and so on.

Attaching figures to daily expenses helps show where we are spending a lot and identify core areas where we can cut down and save money. Reviewing this document over two to three months helps provide a clear picture of how we can manage our money effectively.

Personal Budget

After tracking one’s expenses, one must settle down to set a realistic budget. Emphasis on a realistic budget involves assigning funds to the important things (your needs and not wants) and what matters to you to drive money management.

If the budget is unrealistic, following and sticking to this budget could become overwhelming and challenging, taking one back to status-quo, hence achieving something. Setting up a budget does not need beautiful tracking; it could be putting aside a book to write your expenses and assigning figures to them, but if you are more technologically inclined, it could make us use Excel templates and other simple budgeting applications for tracking.

Spending with Limits, Boundaries, and Control

It is not enough to have a budget in place; it is also essential to see this budget as a control and boundary for spending. This boundary focuses on prioritizing your budget expenses and spending, avoiding impulse buying, and looking for cheaper alternative products without compromising quality.

When buying, there is a need also to consider deals. For example, one could make more frequent purchases in a particular store with membership deals, coupons, bonuses, seasonal holiday sales events like Black Friday, and others, showing the effective use of money on hand, getting the maximum value for the available cash.

Also, having a daily, weekly, and monthly spending limit works perfectly. Once you have exceeded your daily spending limit, you will only purchase something else the next day. Hence, it dramatically fosters discipline in spending on daily routine items and keeps you focused on the end goal of money management.

Saving from the Little You Have

We should always explore the savings option from the little we have today and not wait until we have more than enough to cover our needs. Saving should be considered a priority even before meeting the needs in the budget, as it indicates that one is paying herself rather than working for free.

The best approach is to set aside about 5%-10% of your income as savings even before you start incurring expenses. This money management approach ensures the availability of funds for emergencies or unexpected events, capital projects, investments, and to fund your dreams. We need to have a mindset that we can only spend these funds to generate more income or funds in the near future.

10 Money Management Tips for Financial Growth
Saving- Money Management

Financial Mindset and Discipline

To be successful at money management, some principles and mindsets must be kept at heart, including the following: I have my needs and wants and do not need to spend more on wants than on pressing needs.

Sometimes, you must delay gratification or self-celebration, even when you know you deserve or merit it or take time to spend less than you usually pay. Sometimes, you have to be selfish to others when you have complete information about your current state and situation.

In addition to the above, constant learning and seeking more information about financial discipline, principles, and processes will help individuals achieve their overall money management goals.

Investing available and surplus funds

Investment is critical not when one is wealthy but rather as a money management strategy for improving one’s future outlook. Investing a portion of one’s income, no matter how small, will yield interest due to the concept of the time value of money and eventually drives financial stability in the long run.

Having investments is often the next step after we can save about 3–6 months of emergency funds. It is advised to invest the others in stocks, bonds, real estate, and other diversified portfolios. These could be long-term and short-term investments based on risk appetite or level.

Credit Management

In some countries, such as Canada, America, and other foreign countries, individuals have access to credit facilities and credit cards, which allow them to purchase items without immediate cash exchange.

These facilities can be tempting, and their appropriate management can be a fuss as sometimes we end up buying the things we have always fantasized about as against what we need to meet our present needs—knowing that people engaging in the credit business will want you to be indebted to them so that they can earn interest from clients and remain a profitable business venture. We should be mindful and critically examine why we need to obtain credit. The use of credit is not wrong, but having too much credit spending at a time could hamper money management as it makes keeping track tedious and does not give room for savings and investments..

Managing one’s credit can involve restricting the obtaining of credit cards to one per year or season, buying one or two items on credit at a time, making payment for those before entering another credit sale agreement, and paying off higher interest first before the lower ones.

10 Money Management Tips for Financial Growth
Money Management-Credit Cards

Other Money Streams

When you have evaluated our current income and expenses, we must begin to explore different income streams; little inputs can also mean more money on hand. Multiple streams could mean having a business on the side or obtaining passive income from previous investments.

Money management in this regard could also involve volunteering and pursuing one’s passion and talents to earn income. Having more than one income stream will help eliminate the risk of losing one’s primary income stream and ensure that one is always liquid.

Future Planning

A great money manager should critically consider the concept of a retirement fund. Retirement requires setting aside a certain sum for when we can no longer work due to old age or terminal sickness.

Future planning also requires buying insurance packages to protect against the risk of unforeseen circumstances. This provides cover and prevents us from losing our balance when faced with unplanned situations.

Additionally, future planning does not stop at personal wealth generation but also giving back to your immediate society to ensure everyone gets the essential things and can live a peaceful life.

Conclusion

Money management is the deliberate attempt to manage available funds through discipline and focus on goals, ensuring that we are on top of our finances. It enhances stability and informs a personal lifestyle in the long run.

An effective money manager considers setting financial goals, tracking income and expenses, prioritizing spending, and continually improving through personal training. Engaging in this continuous process and culture provides excellent value to the individual, positively influences the people around us, and provides a sense of fulfilment that can impact other areas of our life.

https://wellkeptwallet.com/manage-money-better

Is Financial Freedom Legit? Bravuralope

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The 5 Best Budget and Money Management Apps of 2024 (lifewire.com)

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Financial fitnessGeneral

Is Financial Freedom Legit? 

Is Financial Freedom Legit? The concept of financial freedom has brought this question to the average person as they strive and chase financial independence year after year. To be financially free has gained its total share of recognition over time as individuals have defined what financial freedom means to them in various ways.

Is Financial freedom Legit? A lady wearing a black dress and a brown hat, chasing her love for sunflowers as against money during summer.

Financial Freedom defined

Financial freedom is a financially viable place with more than enough funds. It is a state in which one can make financial decisions without being by financial obligations or limitations. It implies you have more than enough funds to fulfill your fundamental needs and then have extra to fund your lifestyle without thinking about it. Financial freedom happens when you have enough cash and investments to pursue what you’re passionate about—regardless of how much they cost. What Is Financial Freedom? (thebalancemoney.com). This is a state where you don’t need to check your balance or evaluate your bank account before making a financial decision.

Is Financial Freedom Legit? Its key areas:

Although many people wonder if financial freedom exists, the list below indicates various features or areas to consider when achieving financial freedom.

Be Debt Free

Is Financial Freedom Legit? Yes, Debt freedom is an essential aspect of financial freedom. This is a state of paying off all outstanding bills, from credit cards to loans and other financing obligations. Being debt-free involves intentional efforts and activities. It entails living within one’s means over time and refraining from enjoying benefits one cannot afford.

To obtain financial freedom, one must first evaluate all of one’s debts, create a repayment plan, avoid new loans, and negotiate the terms and interest rates of those debts. Finally, you incurred this debt; hence, if financial freedom is your aim, you must devise a plan to repay it all. Aside from debt independence, achieving financial freedom helps to prevent financial distress and contributes to a healthier life.

Savings and Investment

Is Financial Freedom Legit? Yes. Saving from the little you have today will go a long way in protecting you from future financial pressures, building one’s savings, and participating in less risky investments guarantees future financial investment. A savings and investment culture is essential for individuals’ financial security, economic stability, and wealth creation.

We should establish yearly and monthly financial savings goals, understand our risk tolerance level, embrace technology such as bank applications and investment advisors, and be consistent and deliberate in meeting our goals.

 When we begin to take savings more seriously, we should consider having an emergency fund that provides for unexpected or unforeseen expenses and prevents loans in the future. Improving one’s savings and investment enhances one’s financial well-being, laying a foundation for financial independence and prosperity in life.

Financial Independence. Picture of a coin put aside for a long time leading to growth. It is not only plant that grows but money grows as well.

Income Diversity

 Generating income from multiple sources is an essential factor to consider. It ensures your financial security by lowering risk, encouraging flexibility, providing possibilities for advancement, and improving skills. If a source of income fails, you will still have a coping mechanism until you figure out what to do. It ensures that you do not have to start from scratch in situations of an eventuality.

Income diversification includes working for a different employer, investing in or using one’s skills, trade, or talents to generate extra funds. Diversifying one’s income minimizes reliance on a single source and, in turn, promotes financial freedom. It is also crucial to diversify one’s investments, as this helps in risk management and guarantees that your investments are secure and protected.

Financial Planning and Budgeting

We often witness organisations committing significant time and money to create an accurate budget and projecting revenue and expenses. They track this before the start of a new year and analyse both monthly and quarterly reports to stay on target while spotting outliers or unforeseen issues as they occur.

Individuals should also prioritise financial planning and create monthly budgets to know what they expect to pay, how much is coming in, and identify things categorised as unbudgeted items. A regular financial evaluation of actual expenses and income might help you better understand your spending habits and financial goals. Is financial freedom legit? Yes. Financial planning and budgeting prevent overspending, promote prudent spending, and lead to financial freedom when you have more than enough money to fund your life.

Lifestyle Funding

 One fundamental reality is that you cannot have and love it all. Financial freedom helps you identify the things you consider priorities and devise a plan to ensure that you fulfill these aspirations and desires. Whether it is to travel the world, explore various tasty cuisines, or create a memorable experience with family and friends, financial independence ensures you can allocate the necessary finances and time to make it happen.

Retirement Planning

Financial freedom entails making provisions for the future when you will no longer have enough energy and passion to work. Although a few people believe they should enjoy their life now, the future will sort itself out. Taking something away for the future is very important. If you don’t use it, your children will, rather than enjoying everything now and struggling later in life because no one knows when they will die.

Building sufficient retirement savings ensures a secure and financially independent lifestyle, eliminating the need to rely only on governments, family, and friends for survival. It fosters independence, security, and enjoyment in old age.

Insurance 

Purchasing insurance coverage to protect oneself against unanticipated events is another part of financial freedom. It ensures you have something to fall back on when the uncertainty crystalizes. Insurance could be on vehicles, homes, gadgets, and life insurance.

What Financial Freedom is Not

Is financial freedom legit? Yes. Do you know that numerous individuals have termed financial freedom to mean something completely different, leading to misconceptions and financial stress for others striving to attain this level of freedom in their finances? These notions Include:

Instant Jackpot

You do not simply wake up with financial freedom. It is not Ponzi, quick-returning investments, or an immediate Christmas Santa that brings you all the necessary riches you require. Financial freedom requires discipline, time, and constant effort. There are scammers in every industry, and financial freedom is no exception. If someone promises you anything that seems too good to be true, it most likely is: Is Financial Freedom Legit or a Scam? (thecasualcapitalist.com) . Being financially free requires engaging in everyday actions and efforts towards attainment, resulting in long-term wealth growth.

Every income doubler does not lead to financial freedom but financial frustration in the long run. Entering into what you need help understanding is not a way to financial freedom. There is no hard and fast rule to this than just being deliberate about one’s finances.

What Financial freedom is not. Picture of a tree whose fruit is cash . Financial freedom is not a Ponzi scheme.

Unlimited Spending

Is Financial Freedom Legit? However, some believe it is a state where you can buy whatever you want. Having more than enough doesn’t mean you can meet all your requirements, let alone those of your family or your whole generation. This notion makes financial freedom an unattainable state. Financial freedom is a starting point for responsible financial management, planning, and spending that aligns with one’s lifestyle and long-term goals.

Not One Rule 

Financial freedom does not necessarily mean I am a billionaire. It is more tailored to individuals’ personal financial goals and plans. Once it is known and documented, it becomes achievable with conscious effort and determination.

Generating passive income

Is Financial Freedom Legit? Yes. Passive earnings is not financial freedom but a method of income diversity. Passive income does not necessarily mean that you are doing nothing and enjoying your current state; instead, I see this as time and effort invested in the past to generate future gains. As a result, while passive income is not always synonymous with financial freedom, it can be considered an aspect of it. Is financial freedom possible? Yes, I do not necessarily need to generate passive income before becoming financially independent.

Generational Wealth

 Having financial freedom does not necessarily imply that I am creating money for my unborn generation. Then, people commit themselves to providing for their unborn generation with financial freedom. This is false, as financial freedom does not necessitate building future wealth but requires maintaining a fit economic lifestyle. However, financial freedom could lead to birthing generational wealth.

Selfishness

Is Financial Independence Legit? Yes. Striving towards financial freedom does not mean that one is selfish. Giving to others and the community is a great thing and highly encouraged; nevertheless, we recommend moderation when performing any action or making these decisions.

Benefits of Financial Independence

Financial Independence processes enormous benefits, which include

  •  Peace and Healthy Mindset: Financial freedom assures that you are ultimately free from all financial-related worries, knowing that you have enough money to meet your current expectations and have unforeseen circumstances that may arise. It also gives you confidence that you do not owe anybody and are appropriately managing your funds.
  • Eliminate Stress and Anxiety: Debt has been so much traced to anxiety as you don’t want to default on payments. Financial freedom ensures one is free, promoting good health and fostering a healthy position.
  • Time Freedom: Financial freedom allows more time to prioritize personal interests, leading to greater contentment and happiness.
  • Retirement Security: Financial freedom ensures you have enough when you are old to pay your bills, preventing the need to work again.
  • Fulfillment of Purpose: Financial freedom ensures one can pursue purpose and aspiration without financial constraints.
  • Resilience in Uncertainty: Financial freedom helps to have alternatives during times of uncertainty like job loss, loss of a loved one, etc. It ensures that you still have enough to meet financial obligations.

Demerits of Financial Freedom

  • -Loss of Social Networks: When you are financially free, you may assume that you no longer need individuals like friends and family, resulting in the loss of ties.
  • -Complacency: Financial freedom could lead to a lower motivation to get things done and fulfill a purpose. Then the question, what else am I looking for? It tends to pop up.
  • -Overemphasis on Material things: Individuals tend to overly rate everything on material possessions and overlook the aspect of purpose fulfillment, helping others, and the overall well-being of themselves and others.

Is Financial freedom Legit? Yes

Financial Freedom is a condition of economic well-being that has gained awareness across all ages and geographies, and it can be defined as having more than enough while working or not, as opposed to the core concept of abundance without effort, as promoted by different scammers online. Most individuals believe that achieving financial freedom is a fluke. It is important to remember that economic freedom cannot be obtained through money-doubling mechanisms or Ponzi schemes. Instead, it needs a purposeful and significant amount of time and work to drive its realization. Achieving financial freedom has many benefits, and making a conscious effort to disengage from its drawbacks helps create the total economic lifestyle we all strive for.

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