Scott's Thinking - Page 70 of 172

Inflate Or Pay?

Posted on November 1, 2022

Many observers of governments and markets thought the governments of the world would let their new debts inflate away. The idea being that as everything inflated, the debt would become relatively smaller and therefore more manageable.

However, it looks more like some governments and/or central banks will try to ensure people will pay back all the debts that they didn’t ask to be created. And to do so may involve everyone working at two or three jobs to raise the money, pay the extra tax and pay off the debts.

If you haven’t thought about how the next 1, 2, 3 or even 5 years are about to play out, you had better consider some of the options for our future. Listen to a few doomsayers and optimists for contrast. Then get yourself set up in November because March may be too late.

Action Financial Reframe your thoughts

Asking For Payment

Posted on October 31, 2022

It’s important to pay for products and services we buy. We agree a price, use the product or service and then pay for it.

Equally, when we provide the product or service, we should be confident and ask for the sale or payment. We should ask with the expectation of prompt payment just as we would pay promptly if we were on they other side of the trade.

We would feel like a thief if we did not pay for something we acquired. Just as we would feel like we had something stolen from us if we delivered and we’re not paid.

Sometimes people forget to pay. So we must remind them. For their sake, and our own. And do it right away. It can get embarrassing if we have to chase someone down the street for payment. It’s awkward on both sides. Don’t let that happen.

Most people are honest and willing to pay. When you don’t remind them to pay, they could feel like a lesser person when they do remember. Make sure you give them every opportunity to feel good about buying, and paying for, your product or service, by asking for payment.

Action Financial Progress Property Think About It

Wake Up!

Posted on October 30, 2022

Are you financially fit? Are you hoping, dreaming, avoiding or planning, when it comes to your financial future?

You’ll probably end up broke if you hope, dream or avoid. And if you plan, have you stress tested it with challenges and been accurate with your current, realistic course?

You can do more than you think, so start imagining and planning. Yes you need effort and sometimes it will be hard, uncomfortable or even frustrating. But it’s better to have those challenges in your 20’s to 50’s than your 60’s and up.

It can feel hard, uncertain and confusing to get started organising your finances. But if you don’t, you could end up broke or in an undesirable (non) retirement situation.

Yet, if you start now, you can take control of your future, learn some basics and have a wonderful retirement, while still passing on a solid inheritance to the kids or your favourite charity.

Start today! It’s time to wake up! Do it yourself or get in touch and I can give you some pointers. Regardless, pay attention and set up your life to win! I’m cheering for you. ✅

Action Gratitude Think About It

Choices

Posted on October 29, 2022

Would you rather be given £1 million today or wake up tomorrow morning?

If you would rather wake up tomorrow morning, you chose that over £1m. When you wake up, you should at least be as happy as someone who was just given £1m, since waking up must be better than getting the £1m.

You choose to smile, to be fit, to take on challenges. Live every ounce of today. It’s the only day you get. But you can make it better than expected in lots of little ways.

Action Observe Progress Reframe your thoughts Time

The Lesson Will Repeat Itself Until You Learn It. @steven

Posted on October 28, 2022

Loving this!! Thank you Steven Bartlett for the title. (The Diary Of A CEO)

We all have lessons that keep repeating and we get outcomes we don’t necessarily want.

We can change this. We can learn the lessons. We can make the changes and say No More!

We haven’t learned the lessons because it’s not convenient, easy, or comfortable. They are habits we created. But we can create other ones. It takes work to adjust these habits. We need Discipline, Effort, and Desire to have better outcomes.

No longer do we have to say “Why does this always happen to me?” Or “Isn’t that typical” or even “I knew that would happen”.

Change our ways today and get better results tomorrow. Live a better life with just some simple changes in how we think and do.

We can set up our environment to win. We can set up our schedule to win. We can start today.

Learn the lessons the feedback is giving you. And then make the adjustments. Yes, it will feel odd at first, but it will get easier and your results will be much better.

Start now!

(If you subscribe to the email, keep reading below!! Yesterdays blog is a cracker further down below)

Gratitude Observe Think About It

Do You Enjoy Rollercoasters?

Posted on October 27, 2022

Do you thrive on white knuckle rides? Do you prefer the excitement, lurching and speed of the mechanism?

Some people don’t like rollercoasters. The intensity is not for everyone. Where some people feel the thrill and adrenaline, others are simply flush and terrified.

How do you like your life?

Action Progress Reframe your thoughts Time

Keep Achieving More

Posted on October 26, 2022

There is no time to stop. You can pause for a holiday or vacation, but don’t stop. There is so much to do and not nearly enough time to cram it all in before the final buzzer.

How does one keep achieving more? Well there are 7 Simple Steps. First Think of a better future. Imagine it is exactly how you would like it to be, right down to the tiny details. Then, consider what you have to Overcome to get there and what sacrifices you’ll need to make.

Write down your thoughts and challenges. Get it all on paper or in your device. Use this information to create a simple Plan. Then Act accordingly to bring you closer to your goal. Review your progress and challenges every day. You’ll need to improve and hold yourself accountable.

Finally, Celebrate all your little and big wins. Give yourself lots of credit. This isn’t all easy stuff. It takes effort and determination. Thank yourself for getting through it.

Think of two people who are struggling with some goals right now. It could by financial, fitness, education, career, weight loss or just being more positive. Send them these simple steps. Or send them a copy of my book in print, audio or digital. You might just change their life. Go to www.Scottsbook.com to get a signed copy sent to your door, or find a retailer who can help you.

You can achieve anything. When will you start?!

Observe Think About It

Whose Opinion Do You Listen To?

Posted on October 25, 2022

We listen to a wide variety of people to get different views. It’s easier, though, to choose opinions of our friends or of people who hold similar values or perspectives.

This may be more palatable or comfortable in the short term, but it may ruin you in the mid to long term. You are best to distance yourself from your emotional connection and really assess the issues with a clear and logically or rational mind.

It’s best to use data, trend analysis, forecasts and different, and even opposing, perspectives. Do you want to be accurate or just feel good and hope for the best?

Listen to intelligent arguments and then make up your own mind.

PS. Apologies for the delayed blog posts from the last few days (systems glitch) which all got sent at once in yesterdays email. Some good stuff in there! I hope their absence made you warm to them even more.

Gratitude Think About It

Audiobooks

Posted on October 24, 2022

Can you recommend some good ones? I need to buy a few to use up my Audible credits. I’m looking for good content and a good reading voice.

Obviously I already have a copy of my audiobook of Achieve Anything. But if you haven’t got a copy yet, I’d get one soon. Christmas is coming, as they say.

Send me a DM on Instagram or leave a comment here or somewhere if you have a good audiobook recommendation. I’m on a mission.

Gratitude Observe Reframe your thoughts Think About It Time

Rainy Days

Posted on October 23, 2022

These can be just as wonderful as sunny days. They are just different. And it depends what you’re doing. Enjoy both!

Today’s note was inspired by our wonderful stay at Withyfield Cottage at Merrion Farm. A mix of sun and rain, and good timing, helped make this an excellent time away.