"Our lives are shaped by the questions we ask. Good questions lead to good outcomes and bad questions lead to bad outcomes." - Michael Hyatt
Let's resolve to ask others and more importantly ourselves many good questitions now and in the future.
On this note let me help you with 11 good financial questions to ask yourself.
Answering these 11 questions can not only help you improve your finances, they can also help you find success in other aspects of your life.
1.a. What can I do today to get the ball rolling on this goal?
1.b. Have I set short, medium, and long-term financial goals? -
1.c. What can/is stop(ping) me from achieving my financial goals?
2.a. What skills do I need to develop to get a promotion and raise?
2.c. Will speaking Arabic help me get ahead in my career?
2.d. How can I learn a new language or a skill?
3.a. What kind of assets provide passive income and/or portfolio income in UAE? - Click here to read the article on how to invest for passive income in UAE?
3.b. How can I invest in such assets?
5. a. Have I regretted in the past, having bought something which I never used or liked?
5.b.Do I engage in impulsive shopping? if yes, How can reduce it?
6.a. Is my budget efficient?
6.b. Does it reflect my money values?
7.a. By how much would my cash flow increase, if I had no debts?
7. b. What can I do with the extra cash flow?
7.c. How would it feel to be debt-free?
8. a. Do I want them to emulate my money habits?
8.b. How can I help them avoid my money mistakes?
9.a. What books can I read to know more about personal finance & money management?
9.b. Which blogs can I read and follow?
10.a. Would they be able to sustain their current standard of living?
10.b. If not, what can I do about it?
11.a. Can I afford a comfortable retirement at my current rate of savings?
The above listed are some of the most powerful questions you can ask yourself to find answers from within or from a reliable source.
They can help you shape your financial destiny.
Feel free to arrange a free 15 minutes Discover call with me, to help you;
Author, Blogger & Independent Financial Advisor. My goal is to give you actionable tools for creating passive income and building wealth. More than 10,000 expats have already used my ideas to jumpstart their journey towards financial independence. Connect with me to start yours...
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“Wealth is the ability to fully experience life.”Henry David Thoreau