New Year’s Resolutions for 2020

There are resolutions you hear every year, usually those resolutions involve something along the lines of saving money or getting healthier. Anything you make is going to boil down to the same thing – Better yourself.

Don’t be like this when you’re making your new year resolution
My goal in 2019 is to achieve the goals I set in 2018 that I should have completed in 2017 as I made a promise in 2016 that I planned in 2015.

Now is a great time to identify new and existing opportunities to grow and get 2020 off to a strong start. For 2020, I have set some achievable goals for myself. Accomplishing these goals will bring myself professional joy and positive growth.

1. Make an Impressive Impact at Work

Make impressive impact at work

Being more productive often stands at the top priority list but actually finding the ways to implement it in everyday life is a different kettle of fish. However, I will try to be proactive about going after what I want and doing things without being asked. I will also make it a priority to work on my productivity by using a time diary to become more aware of how I’m spending my time now. Being more focused is also important as it can take an average of 25 minutes to resume a task after being interrupted.

My strategy focus is to:
UNDERSTAND where am I now.
IMAGINE where I could be.
CREATE my strategic move.

Dare to be different. Don’t settle for the ordinary.

2. Learn to Let Go

Letting go of the past. Forget the mistakes you made but remember the lessons you learned. It’s time to start the new year and it’s time to move on. The way you deal with failure determines your success. Compete with who you were yesterday.

letting go of past
Trying asking yourself this question:
If you had RM86,400 and someone stole RM10 from you, would you throw away the RM86,390 you still have to try and get your RM10 back? Or would you just let it go?
We have 86,400 seconds every single day and this is much more valuable than money. We can always work for more money, but once a second passes we can never get it back. Every time someone upsets us, it probably took 10 seconds, so why do we throw away the other 86,390 seconds worrying about it or being upset.

All humans make mistakes and it is time to start letting the little things go. You learn fast when you fail. Times of challenge spark growth.

 

3. Start Something Priceless. Create Lasting Memories.

We all have the power of doing something meaningful, make something special happen in our lives and our world. Maintaining a relationship with soul mate is not easy, especially if it’s someone you’re really close to. It takes much effort to keep the relationship going.

Create Lasting Memories

Next, I will try to make time to reconnect with special one by scheduling a weekend staycation. Life is all about the journey, not the destination.

 

4. Build Additional Income Generating Asset

The good old investments are still all about investing in solid land. I will continue to build long-term yet stable income through property leasing to partly offset the monthly instalment. Hence, leasing out a property is a way to gain some returns on investment while waiting for the it to appreciate in future. It can also be treated as secure source of supplementary retirement income. Time is my ally. I always knew I was going to be rich, so I was never in a hurry to.

Rental property investment

Dream big. Start small. But most of all, Start.

 

5. Invest Well, Preserve Wealth!

You can snooze your alarm countless times and rush to work at the very last minute. But you should not do the same when it comes to your savings and investment. Fixed income investing will always be my top priority for wealth building.

Wealth Building

However, I will also balance my financial needs with the needs of my future by investing in improvements. There are situations where you need to make some adjustment as nothing you can lean back and always let profits keep rolling in. You have to always anticipate changes and respond to them. Just like in life, learning and practice makes perfect.

My personal advice: Try to avoid common failure by diving straight into investments without a clear understanding of why are you in investment, what your investments is all about and where you would like to take you investments to. So, before you jump into any investment, let’s try to take a step back, do your own research, take a look at the big picture and see if that investment is suitable for you.

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