I’ve been keeping busy lately sort of restructuring a lot of things in my life and its gotten me thinking about the importance of long term planning. In the past everything I’ve been doing has been relatively short term planned, or always followed some sort of preset plan, like 4 years of college and then on to grad school. That was the plan so I knew exactly what I’d be doing those next few years.
Those days are long gone and my life sort of hit a low point in the beginning of 2012. Between a series of negative events in my personal life, on top of my professional life going through some drastic changes as well I reached a point where I knew I had to do whatever it takes to get things back on track.
It was time to rebuild my personal life, regain control of myself and advance my career up to the next stage. Now I’d love to tell you that all those things have been accomplished and life is great, but that’s not the case. I’ve taken action to get things moving in the right direction and I’ve created some big changes, however there’s still work to be done.
The negative circumstances I found myself in really made me evaluate where I’m at and where I want to be in life right now. This led me to the realization that up until this point, things have been pretty short term focused. Get an education; get a decent job relevant to that education. Pretty straight forward stuff and I’ve accomplished both. Now that I have some job experience under my belt, I want to advance my career not only to a higher level, but also onto a path that will give me room for growth in a business/industry that I will enjoy long term.
As I’m writing this I’m currently awaiting a response for a position I recently interviewed for. It’s an awesome opportunity and I’m hoping for the best. Regardless of whether or not that works out, the point is I need to get to the next level. I need to reach for a higher pay grade, more experience and ideally something that I actually enjoy.
Searching for jobs, going on interviews, scheduling time off from work, is not fun. It’s a lot of work on top of the extremely demanding work load I’m currently responsible for in my present position. It’s nothing I want to do again anytime soon which is why I want to be sure to find a job that has long term potential and puts me on a reasonable career path.
Additionally I really would like to purchase my own home in the near future. The smartest thing for me to do financially would be to take advantage of a first time home buyer program and use that to increase my down payment/cover closing costs.
Planning for the future again, I want to figure out some ways of creating value and generating multiple streams of income. This is tough to do while maintaining a full time job but there has to be opportunities I can capitalize on. Whether it be investing in real estate, day trading, investing in commodities, creating an online business of some sort, or anything.
This is something I’ve wanted to do for quite some time, but have yet to take much action on. Being young and in debt from school doesn’t help the cause, but if I can do something that generates a greater return than 6.75%, which is the interest rate on my student loans, then it would be in my best interest to do so.
I want to be successful, I want to take risks and I want to learn how to create value. This is something I need to spend more time on and put more focus into. Long term things like reading, staying in shape and healthy, trying new things and taking risks is what’s going to help me get to where I want to be.
If I spend my free time surfing the web or watching TV for the next 10 years where do you think I’ll end up? Living an average life, working some mediocre job, settling for less than I’m capable of and never quite getting any fulfillment out of life.
How about if I were to spend that time reading high quality books about investing, or real estate, or search engine optimization, or ANYTHING of any value? If I take in that knowledge over a long period of time and act on it where do you think I’ll end up?
Short term you have to create habits and routines that slowly advance your life in the right direction. It’s the baby steps that add up over time and make all the difference in the long run. But you have to have a long term vision. You have to know what you want and try to find ways to get there.
You don’t have to have all the answers on how you’ll reach your destination now. You simply need to identify what you want and as you set out on your journey towards that, things will begin to come into place.
It’s a tough time to be coming up and trying to make your way in the world. Unemployment is through the roof, benefits are disappearing from most jobs, the gap between executives and workers keeps increasing, the dollar has been devalued so real wages are worth less than what they appear to be nominally, gas prices are through the roof, tuition is at an all time high along with interest rates on student loans. The system is failing in a lot of ways.
We could talk about the advancement of civilization, evolution of society, modern technology and what could be accomplished if the human race could work together for constructive change, but unfortunately that’s not how the world works. Currently everything is driven by money and greed. And those with the most of both are naturally drawn to politics, craving power. The result of this is our current global economic state. Not too pretty if you pay any attention to it at all.
Those who have higher values and compassion tend to keep to themselves which is basically staying out of the way of the power hungry. The day that the men of morality, justice, freedom and compassion realize it’s their obligation to reclaim control and lead the human race into a place of prosperity and abundance is overdue. Anyone who possesses a set of higher values and intellect needs to realize that accepting those without such values as leaders of society, government and business is a complete contradiction to everything you stand for and should not be tolerated.
Enough of that rant. I got side tracked but I think I made some valid points.
I’m going to wrap this up by saying know your purpose. Have long term goals and a vision. Do whatever it takes to make those dreams a reality. In the short term on a day by day basis create habits and routines that will support your long term agenda.
Thanks for reading.