
Finance for the People: Getting a Grip on Your Finances

Earning, saving and decision-making are fundamental blocks in your Pyramid of Financial Awesomeness.
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
Deconstruct Your Personal Financial Goals into Behaviors
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
And processes that become habitual change how you self-identify. You’re much more likely to identify as a saver if you consistently save, even if you only save a little. Compare that to saving a lot at one point in your life. You’re less likely to identify as a saver.
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
DECONSTRUCT THE GOAL YOU ARE TRYING TO ACHIEVE INTO A BEHAVIOR THAT WOULD PRECEDE REACHING IT
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
about loving the journey. And it’s made making progress more fulfilling and sustainable.
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
become less about arriving at a destination and more
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
instead of a goal being the ultimate end point, they should actually be the starting point.
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
Instead, a goal could inform the process or system I’d need to commit to that would typically precede reaching my goal. So, instead of having the goal to save $10,000, I’d commit to saving 20 percent of every inflow . . . indefinitely.
Paco de Leon • Finance for the People: Getting a Grip on Your Finances
eudaemonic approach. It can be summarized as an approach to well-being through six dimensions: “(1) self-discovery, (2) perceived development of one’s best potentials, (3) a sense of purpose and meaning in life, (4) investment of significant effort in pursuit of excellence, (5) intense involvement in activities, and (6) enjoyment of activities as p
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