Nowadays more and more people are focusing on self-improvement. They strengthen their mind and body, learn to be energetic, morally resilient and see the world in bright colors.
That’s why the market of self-improvement services is growing at an accelerated pace. It was estimated at $38.28 billion in 2019, and, according to the forecasts by the Grand View Research market analysts, the market can grow to about $44.3 billion by 2022.
What are many people overlooking?
So, people aspire for development. They want to improve all areas of their lives. However, there is one aspect that often goes unnoticed when one is carried away by psychological training and gym classes.
We are talking about financial literacy — the ability to manage one’s material resources wisely. In an age of unstable economy, this skill is becoming increasingly important. Achieving mastery in the correct distribution of income and expenses is one of the most important stages of self-improvement.
How can personal development be combined with unreasonable spending and lack of proper cost-saving measures? Everyone who wants to evolve is faced with the need to rethink their financial habits.
Where to begin?
First of all, observe yourself for one to two weeks. What are you spending your money on? Is all the spending really justified? Is all of it planned in advance, or are there many spontaneous purchases?
Avoid unnecessary expenses or keep them to a minimum. In this way, you will have money that you can set aside for something useful. Eventually, you will find that you can easily save about 10% of your monthly earnings. Thus, you will achieve a double result: increase self-control and begin to create savings.
What’s next?
The next step is the efficient use of savings. It should be understood that the money saved is the foundation for a successful future. Therefore, it is worth thinking about how and in what form to store savings so that they can serve you well even after many years.
Answer yourself honestly to the question: “Are you sure that the currency you earn will be just as valuable and in demand in 10 or 20 years?” “Are you sure that the next financial crisis will not bring down its purchasing power and turn it into useless paper?”
Now try to recall something that has not lost its value over many centuries and even millennia. We can’t guess what you imagined, but it is very likely that gold came to your mind. When it comes to eternal material values, most people turn to it.
The conclusion is simple: to preserve and accumulate savings, one needs to use a resource, the reliability of which is undeniable. By putting money in investment gold, you provide it with protection and increase the likelihood that your savings will spike up along with the rising price of the yellow metal.
Who will help out?
The GIG-OS online platform offers people from anywhere in the world and with any level of income the most modern and elaborate solutions for the purchase of investment gold bars of the highest fineness. By participating in the GIG-OS Time Shift project, one can purchase bars weighing 100 grams by paying for the order in small parts. You choose the payment schedule and the amount of regular contributions yourself. You do not overburden your personal budget by making contributions when it suits you. This is the most profitable, safe and convenient way to create your personal gold reserve and strengthen your Financial Security.
Achieve excellence in managing your funds!
Being tired of a hopeless routine, many people dream of changing everything and starting a new life one day. Unfortunately, their dreams, desires and plans often face an insurmountable obstacle, namely fear. Many brilliant ideas fail to materialize because of fear. But can one benefit from this phenomenon?
Nature of fear
Imagine you are planning to run your own business. An inner voice starts to whisper: “You do not have enough knowledge and experience. You risk losing the invested money and ending up penniless. Your loved ones will not support you.” You picture your future failure in your mind, self-doubt grows, and so you decide to give up on the project.
Now let’s analyze what your fear really says. It only performs its natural function: it warns you of possible dangers and problems. It neither urges you to do anything nor discourages you from stopping. It is you who convinces yourself that nothing will come of it, because you have perceived the signals as inevitable. So therein lies a fundamental mistake.
Call for caution
Fear is a warning sign that says: “Attention! Danger ahead!” It reports a threat, but there is no reason for you to stop moving forward. You would not stop if you saw the “dangerous turn” sign on the highway while driving a car. You would simply slow down and remain extra careful.
In this way, fear calls for acting wisely, taking into account all possible risks. If you realize that you are afraid of something, it is necessary to take measures to avoid a dangerous situation without deviating from the intended course.
Fearless movement towards the goal
A new tool for working on goals — GoalSet Master — will help you assess warnings correctly, understand the risks they point to, and find ways to bypass obstacles.
With its help, you will examine every aspect of your goal and separate real risks from far-fetched ones. It will become clear to you where the obstacles that block your way may appear and how to overcome them as efficiently as possible.
Don’t let fear manipulate you!
Make fear serve your purpose with the GoalSet Master!
Average reading time — 3 minutes
One of the most painful problems of the modern society is debt. States, large and small companies, individuals — all of them have debts.
Despite the fact that today currency not backed by anything at all can be issued in almost unlimited amounts, it is still not enough to satisfy all needs. And global debt is growing, reaching about $260 trillion.
The wide-spread hardship
The lack of funds is forcing people around the world to take on debt obligations. Here are just a few facts that show the magnitude of the problem:
The average per capita debt in the United States is $90,460. The main debtors are people aged 40–55.
For every British adult, there is a debt of about $41,000 on average. Approximately 318 people are declared bankrupt in the UK every day.
In the first half of 2020, the debts of residents of Russia rose to a record high. Russians have to spend over 10% of their income to pay off loans.
Living on credit is a growing trend
People are not willing to live a life within their means. They want to own what they do not have enough money for: houses, cars, expensive domestic appliances. To do this, they have to ask for money from those who have it: a bank, a rich relative or a well-off acquaintance.
As a result, it seems to a person that he has acquired what he wanted, but in reality it does not belong to him until the debt is paid. A person gives a significant part of his income to pay off obligations to creditors. And then he/she suddenly loses job, becomes insolvent, and creditors take the house/car/TV. The illusion of possessing the property is over — now the person has neither that property nor the money spent on it.
The money that could have become the foundation of a stable and cloudless future. There is a well-known rule of 10% — it is recommended to save up just that much of your income for creating savings. But most people have to spend this amount and even more on paying off debts.
Ability to say “no” to yourself
A very telling experiment was conducted once at Stanford University. Participating children were offered marshmallows or some other sweets. They were allowed to eat the treat right away or wait 15 minutes and get double amount of treats.
Most of the children could not wait and ate marshmallows right away. About a third of them were able to endure 15 minutes and received a double portion of sweets.
Further observation of the grown-up children who participated in the experiment demonstrated that those of them who were able to show patience subsequently achieved more noticeable success in school and at work.
A well-off tomorrow depends on your actions today
What do the results of the marshmallow experiment reveal? You need to be able to give up short-term gratification in order to achieve more significant accomplishments in the future.
This conclusion is directly related to the topic of our article. You can immediately lease a car and become a debtor for many years. Or you can wait, save money for a car and become its rightful owner without taking on credit obligations.
Savings that will not be depreciated
To get rid of the need to live on credit, you need a reliable financial reserve. It is hardly possible to consider as such any currency, because every year it loses its purchasing power due to inflation.
The only time-tested option remains, and this is GOLD.
Today, investment gold bars are bought by everyone — from state central banks to ordinary people. The precious metal saves the value of the money invested and protects it from inflation.
By purchasing gold bars regularly, you invest in the future, strengthen your Financial Security and create savings that will allow you to forget about debts.
For those who want to start forming a personal gold reserve, special projects have been developed on the GIG-OS platform:
and
The projects are designed so that you can purchase bars profitably, paying in parts over a long period of time, without any risks.
Create a personal gold reserve and take full control over your finances!
Having a large-scale and significant goal is great.
However, the modern world is extremely volatile. Tomorrow it may turn out that your goal is no longer relevant and is not needed to you or society.
One of the most important questions that must be answered when setting a goal: “Does my plan meet the demands of the time?”
They were late for the future
In history, it often happened that business giants lost their top positions due to the careless attitude to the challenges of the time. Here are two case studies from the mobile phone industry:
Nokia
The Finnish company had dominated the industry for 16 years. Such a long reign eventually lulled the vigilance of the market leader. Nokia was not ready for the emergence of competitors with new products that were much more consistent with the requirements of the time.
In the late 2000s, Apple and Google had revolutionized the industry with the release of the iPhone and Android operating system. Amid these achievements, Nokia quickly lost its competitive advantage and was forced to sell its mobile phone manufacturing business in 2013.
BlackBerry
The Canadian company had been ignoring the potential of the touchscreen in smartphones for too long. BlackBerry believed that the button-based interface was more convenient for users and thus continued to produce devices that were hopelessly outdated at that time.
When the error became apparent, it was no longer possible to make up for lost time. The company's market position was rapidly worsening. This led to the fact that BlackBerry smartphones would be finally discontinued by 2020.
Move towards tomorrow, not yesterday
Not only a giant corporation, but anyone can face the fact that the goal no longer meets the needs of the time.
For example, you can choose a new profession that will soon become irrelevant due to progress and automation. Or you can invest in a business that may lose its relevance and be no longer in demand within a week.
To avoid such a situation, it is necessary to assess the prospects of the goal at that moment in time, when, in your opinion, it will be achieved.
A special tool for working on goals — GoalSet Master — will help you out. With its help, you will examine your goal in great detail, analyzing all the nuances associated with it.
A new project on the GIG-OS platform will help you determine whether the plan leads to success or whether it is worth focusing on something more promising.
With GoalSet Master, you will only move forward — right where the time goes!
Average reading time — 3 minutes One of the most painful problems of the modern society is debt. States, large and small companies, individ...
