Gong Xi Fa Cai
Chúc Mừng Năm Mới
The Year of the Fire Monkey is upon us and the team at Australian Expatriate Group would like to take this opportunity to wish you and your family a happy, healthy and prosperous new year ahead.
Let’s take a look at what personal finance lessons we can learn from the monkey:
The Monkey stands for both brilliance and perseverance and those born in the Year of the Monkey, are said to be smart, agile and active. Their living environment leads to them having highly adaptable abilities.
1. Patience is a Virtue
The sprightly nature of monkeys tends to lead to their impatience. This typically does not lead to positive investment and financial outcomes. Remember, carefully design your personal finance strategy and set both short-term and long-term goals to allow yourself to remain focused.
2. Commitment to Your Goals
When there’s a clearly established goal, monkeys will tend to do anything they can to achieve it. As we enter the start of the New Chinese Year, set yourself SMART goals to allow you to achieve your own personal finance targets. Remember, set your goals and celebrate the successes along the way.
3. Curiosity Killed the Cat
Monkeys have a very strong curiosity and will typically try anything that’s interesting. While this can lead to a very fulfilling life, it can also lead to destructive financial outcomes. Remember the KISS acronym – Keep It Simple S… – this should apply to your financial plan also. Set your goals and remain committed to achieving them with regular investing and wealth protection strategies.
4. Encourage Others to Achieve their Goals
Monkeys will typically try to help others wherever possible in their daily lives, with their very upbeat attitude. This positive attitude can be applied to you helping others to achieve their own financial goals. Encourage your friends, family and loved ones to discuss personal finance and to seek professional advice and guidance from an experienced adviser.
5. Seek Professional Advice & Guidance
Monkeys tend to be unwilling to listen to the advice and guidance of others. This can be very detrimental when it comes to achieving your personal financial goals. When meeting with a financial adviser to seek their advice and guidance, ensure that you understand it and it makes sense. Outline what success looks like to you and work with them to outline the steps and strategies to achieve it. By working with your adviser, you can avoid a stubborn personality leading to a negative outcome.
May the Year of the Monkey bring you great financial success and prosperity.
Register your place for our upcoming complimentary seminar where you’ll learn how to ensure the Year of the Monkey is a financial success – http://australianexpatriategroup.com/events/aeg-seminar-achieving-your-goals-for-2016/
To Your Financial Success!
Jarrad Brown is the trusted fee-based financial adviser for Australian expatriates living in Singapore and throughout Asia-Pacific.
To learn more about how we may be able to help you, please contact us:
✆ +65 8282 5702
Book a complimentary consultation: http://bit.ly/Book-Your-Consultation