Posted: 17 Apr 2008 02:43 AM CDT
Flickr photo by Casetteject.
Are you unreasonable?
When was the last time you were unreasonable at work, in school or at home?
Did you insist on a certain way of doing things, demanded for more than your fair share and your rights or asked for more than was necessary?
Human beings have a capacity to be reasonable and unreasonable. Today’s post talks about how we can turn unreasonableness into an asset for us to grow in financial freedom.
How to be unreasonable to yourself for financial freedom
Being unreasonable to others can get you your way. It may not be the best approach to doing things but sometimes banging tables and raising voices does work. How about applying that to our own financial lives? Bogged down in consumer debt, be unreasonable to yourself and cut spending drastically. Cold turkey and immerse yourself in the PAIN of being thrifty. That’s unreasonable and it hurts but it gives you a kick in the behind for not being able to live within your means! Be unreasonable.
Paying off your loan seems so slow that the interest accumulates and accumulates and your networth grows ever so slowly. Cut out tours and frills for the next 2 years, channel virtually 90% of bonuses and windfalls into making capital repayments for your mortgage. Be unreasonable and deprive yourself of overseas holidays or that nice Rolex you were eyeing. Be unreasonable.
Find that treasury bills and fixed deposits only earn you 0.88% to 1%+ interest. Going by the rule of 72, your investment monies placed in current 3 month treasury bills or fixed deposits will double in 72 years. Hmmm… how many of us are around by then? Be unreasonable and push yourself to learn more about other assets you can invest in for higher returns if you accept some risk. Invest in time away from television, away from watching movies, away from relaxing at home and hit the public libraries, personal finance and investment website for more knowledge. Form a group of like-minded friends to encourage each other to learn and grow and share about financial freedom. In short, sacrifice leisure time to study about investments. Be unreasonable.
Being unreasonable is to break out of your boundaries
To be unreasonable is to do something beyond what is the expected norm. Did everyone grow up programmed to be able to seek the path towards financial freedom? No. We all start with different backgrounds, lifestyles and DNA. What is expected of us and what we expect is largely influenced by our environment in growing up and by the people around us. Challenge yourself to be unreasonable because your eyes have been opened up to the possibilities that exist for you in financial freedom. It can be achieved through hard work, sacrifice and pushing the boundaries of your own knowledge and skills in personal finance through learning and growing and being UNREASONABLE to yourself.
How will you be unreasonable to yourself and push yourself out of your comfort zone in financial freedom today?
Be well and prosper.