So as you get raises or bonuses, it’s really easy to start increasing your expenses as well. After all, you can afford it. So why not get the bigger apartment, nicer car, more services….. So here’s the thing…. Continue reading
Monthly Archives: January 2020
Where Have I Been?
I know, it’s been ages. But I promise you I’ve been working on how to continue the dialogue on Lessons Learned.
One pet project of mine is what I call Personal Profitability….it’s a framework, a mindset, a set of tools (excel spreadsheets) which helped me get to a place where I could get a handle on my financial health. None of it is particularly earthshattering, but I just found a huge gap between saving money and what to do next. And I just sort of stumbled through it: opening an IRA, contributing to a 401k, buying an apartment, working for 25+ years.
Looking back, there were some things I did right. There were also some things I did very wrong (Gordon Gekko was right “first lesson in business is: Don’t get emotional about stock”). So, I’m starting a new chapter about Personal Profitability.
One note…I still think my lessons learned is relevant. Because a big contributor of financial security is the ability to perform at work. The better you perform, the more you’re valued, the more you’re paid, and the more likely you’ll be a valued member of the team.
So stay posted….. GP