The Financial Changes

In a seminar I attended some years back, the facilitator noted that you must work on your self-development if you are to greatly Financially change from who you are to who you want to become.  Jim Rohn concurs that “The only way to get better is to get better yourself.”

How to Get Better with Your Finances?  

You can improve as a result of knowledge, information, and experience accumulated over time. While this is true, some people have accumulated enough knowledge, information, and experience to blame the government, taxes, prices, traffic jams, weather, inflation, neighbours, rainfall, parents, relatives, and anything they can place blame on.

Personal development refers to “the act or process of developing, growth and progress.” — Dictionary.com.  In short, it is the process of personally developing yourself into a better person through learning. This is why personal finance development comes in handy to help us learn and appreciate that we can greatly change if we become financially educated and self-developed.

You can learn how money works, how the government works, how the tax system works, what drives prices, what influences weather patterns, what drives inflation, and what drives financial improvement; then pick lessons to enable us to improve our financial life.

Illustrating Financially Changing and Improving

This is to recognise that if you do not like:

·     The way you dress, you can work on changing your dress code.

·     The way you make presentations, you can learn and practice to make better presentations.

·     How much you are earning; you can learn to earn more.

·     How you are managing your finances, you can learn how to manage better your finances

·     The current amount you are saving and investing, you can learn better and more efficient ways of saving and investing.

·     The way you control money, you can learn how to budget and how to be financially disciplined.

Key Takeaways

1. You can change yourself (through personal development) and transform most of the things around you for the better.

2. Change is only possible if the information, skills, and knowledge you acquire are implemented with discipline and consistency.

3. You can start small and improve on your personal finance improvement journey. Indeed, Jim Rohn makes it clear that: “If you never take small steps, no one, including yourself, will trust you with the big ones.”

4. Personal finance development gives you the ability to enjoy gradual and consistent learning, empowering and facilitating accelerated momentum for adaption, change, and growth.

5. If you remain committed to learning and taking action about your financial improvement, “you will create a big financial change over time?”

Conclusion

You are a product of what you have learned and practised over time. It is your responsibility to learn and improve what you are capable of doing and becoming. With discipline and consistency, you will gradually make a difference in your financial improvement journey.

Dr. Charles Barugahare