You’ve probably heard the saying ‘change is as good as a holiday’. And sure, in some situations, altering your circumstances can be refreshing. But not all major life changes make you feel immediately clear, secure, and ready to take on the world. When everything you know is turned upside down, moving forward successfully is not a quick snap – it’s a transitional process.
Navigating through the darkness before the dawn is tough. Conversely, many people struggle with sudden good fortune. The good news is, countless people like you have been there before. They’ve struggled with decisions and made mistakes so that you don’t have to.
According to the Holmes Rahe Stress Scalei, the biggest life events you may have to overcome include:
So what do all these life events have in common? Basically, they induce psychological states where you’re more likely to be emotional and reactive than logical and rational. This can lead to poor outcomes which only fulfil your short term needs, or worse, cause further detriment to all involved.
There’s only one way to remove yourself from that reactive state – mindfulness. Mindfulness means being self-aware, having the ability to see your situation from an outsider’s perspective, and thinking before you act. Here’s how you get there:
After you’ve made it through to the other side of a major life event, it’s important to reassess your financial situation. You may think that you’ve dealt with all the financial implications. But doing a review of your finances can still yield benefits…
If you’ve recently been through a big change, get in touch with us to help reassess and plan for a prosperous future.
Milton Wigdorowitz of GMP Financial:
Phone: 03 9913 0590 or 0414 829 414
i https://en.wikipedia.org/wiki/Holmes_and_Rahe_ stress_scale
See what’s new on the blog
The Australian Financial Review today 03/09/2018 has reported that the Industry Funds are essentially becoming banks by lending money to the business...
In Australia we have a three-pillar retirement system: 1) The government Age Pension 2) Compulsory Employer...