On vigilance
Vigilance is a term that we don’t hear much about, but being vigilant is one of the most important things we can do in many aspects of our lives. David W. Fuller, editor of Costco Connection magazine, has this to say about it:
“Vigilance is about keeping your eye on the ball. It is about noticing the incremental changes around you that may be accumulating into problems…If you are vigilant you are in a better position to steer your course carefully from day to day, year to year, instead of waking up one morning to find that the company down the street that you never paid attention to is now your biggest competitor.”
Money-wise, being vigilant means doing things like tracking your spending, balancing your checkbook, making sure you’re adequately prepared for financial disasters, and constantly working to improve your performance in the workplace. In other words, being vigilant means exactly what it sounds like: paying close, careful attention to the little things that will make a big difference in your life.
For example, if you have an annual spending plan, you won’t be surprised when your car insurance comes due. You’ll know about it ahead of time, and you’ll have been preparing for it all along. So instead of panicking or having a fight when the bill arrives, you’ll feel good when you send in your payment.
Being financially vigilant allows you to feel more confident and optimistic about your life, because you’ll know that you have control over your finances. You won’t be buffeted about, at the mercy of whatever bill happens to arrive in your mailbox.
Related Websites- Planning your Budget One of the greatest ways that you can get a handle on your finances and overcome your debt to build wealth is to build a...
- conflict and personal finance I'm sure if you've read this blog for a while you know I'm a Russophile. I lived in Russia for a few years in the...
- We tear through plastic bags and bottles like they’re going out of style by Jerry Hart I like calling IT the “trash superhighway” and after digesting repulsive statistics and then hearing politicians pushing to make historical changes, well, I applaud. Assemblywoman...
