After having worked hard and feeling either physically or mentally exhausted… there’s nothing quite like a lazy moment. As a teenager, after limping home from a tough football match that we managed to narrowly win… a hot bath, a home cooked meal and soft bed to fall into was probably as pleasurable as the victory itself.
Anyone serious about a comfortable and secure retirement needs a vision and a plan of attack… remembering that (mostly) everything is good in moderation! People who are fanatical or extreme about their work, the food they eat or their exercise programme (for example) can be accused of lacking balance. It’s as important to take time out to ‘smell the roses’ and enjoy the journey of life… as it is to work hard and achieve goals!
What can often happen is that the excess of each group serves as an excuse for those in the other. That is, those who are far too lazy like to point out workaholics and say they don’t want to be like that. Meanwhile, an ambitious achiever will cite the extreme lack in a lazy person’s life and say that they are afraid of a life so financially restricted.
But then there’s balance; as American TV host Brian Tracy puts it:
Just as your car runs more smoothly and requires less energy to go faster and farther when the wheels are in perfect alignment, you perform better when your thoughts, feelings, emotions, goals, and values are in balance.
What a great achievement it is to have followed ‘the road less travelled’ to realise financial independence? How much sweeter this victory would be if you had enjoyed the trip along the way, maintained good health… and still had your family at the end!
The start of a New Year is the perfect time to set some fresh financial goals… but remember that it’s ok to also have lazy moments (and chocolate)… everything (well almost everything) in moderation!
Happy New Year,
Nick Lockhart
mrd customer care program… because investing is personal
Reader Comments
Hope you had a great Xmas. It was a time for reflection and new goal setting for me.
I am currently building in Victoria but may make a move to Northern NSW to take on a Management Rights. Have you any experieince in this area ?
Hello Russell,
Happy New Year! I did have a great Christmas break, thanks… I trust you did too.
With regards to your question, I have had some experience in this area; however, can you specifically outline what questions you have and I will answer any that I can (and let you know what I may not be able to)? I will need to know what understanding you have thus far; that is… how much research you have already undertaken and specifically what you are looking for. For example: Holiday let, permanent let, townhouse development, apartments, how many individual properties, location by beach etc and so on. What is your budget and what are your longer term goals and objectives. I would also be keen to know why you are considering management rights, what your expectations are as well as your likes and dislikes (when it comes to work).
Some people are not good with book work but by buying the rights to a bigger development they can justify employing someone who is. The same applies to the gardening, pool and maintenance. Some do this themselves, while others bring in a specialist. Again your ability to justify bringing someone else in comes down to the size and income of the business. The last thing you would want is to take on a smaller boutique development unless you were both motivated and capable of handling all these issues yourselves.
Anyway, I’m happy to help… but will need more background and information from you please.
Have a great day and I look forward to your reply.
Kind regards,
Nick
PS: Sorry to be potentially ‘painful’ but I am a great believer in being thorough and helping people to always make fully informed buying decisions to avoid mistakes and or regret – I’m sure you would concur
PPS: When you say Northern NSW are you referring to a place like Coffs Harbour or Tweed Heads / Coolangatta?