(03) 9020 2905So many, I could write a list. Right, well I’ll do that then.
First up is definitely to work smarter, not harder. I’ve worked to sensibly adopt technology in the last 12 months.
Some will argue you can’t go too far in embracing technology, but spending is a balancing act and I need to insure bang for my buck. I need to use the available stuff – free, or already paid for – better.
Expand the investment asset base. This is a perennial for me, and I’m hoping it’s on yours. Some years it’s hard. Other years are diabolical for investing. Doesn’t matter. Every year, I commit further to the long-term plan. I’ve got some in mind. Just need to follow through.
Bite the bullet and update my wheels. I hate updating cars. They depreciate so fast. But the old Commodore has reached that point where she’s costing more to upkeep than she’s worth. Literally.
Next, buy better when it matters. Spending a little extra to make sure you get quality is often worth it. (I don’t personally extend this rule to cars.)
Complete writing the next book. Starting to write a book can be like looking at Everest and thinking: “Really? I agreed to do this again?” It will be worth it – I just need to stay on track.
Make some tough decisions on financial relationships. Who do you do “business” with? Are they adding value to you, or not? Your bank, providers (gas, electricity, phone), financial partners, business associations – put them to the test. If they are not adding value, get rid of them.
Bruce Brammall is the principal adviser with Castellan Financial Consulting (www.castellanfinancial.com.au) and author of Debt Man Walking.