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November 01 newsletter

Secrets of Wealth from the Shape of Money

When we first researched the concept behind the Shape of Money, we found that almost 100% of those surveyed wanted to know what the secrets of wealth are. To those people who stopped for our interviews on freezing, wind-swept, Wellington mornings, thank you for the inspiration. To our newsletter subscribers, here goes…

The first secret we'll explore is planning for wealth. Planning involves understanding what you want to achieve financially and how and when you're going to get there.

Why? Planning is one of the universal secrets to being successful at anything, whether a career, sport, or financial wealth. But, specifically, planning will help us

  • make our goals explicit,
  • determine what those goals are,
  • decide between the importance of various conflicting goals,
  • turn our bus-stop dreams into tangible and real options,
  • seek the assistance of karma and the universe (hold your judgment),
  • measure our achievements,
  • tell us how far we have gone and how far we have to go, and
  • control our own destiny.

The first step in developing your plan is to think about identifying your financial goals. These goals will form the core of your plan. They could take the form of a trip overseas, a new car, or financial independence, or even all three - you decide.

We suggest that, over the next month, you give some thought to identifying your financial goals. Don't shy away from your dreams. Don't worry about how you'll achieve them; that's where the Shape of Money comes in. We'll help you along the way.

Identify your own personal goals and, if appropriate, also think about goals you wish to achieve with your partner and family. Achieving shared goals is a shared activity.

Next month, we'll build on this plan, and look at what is needed to commit to those goals, to begin to quantify them and to set some timeframes.

We hope you enjoy the new pages. If you have any comments about the newsletter please email us.