10 Things To Live By For 2012

Posted on 31. Dec, 2011 by in Your Wealthy Life

wealth creation

Every year at Christmas I think about the things that I have achieved over the last 12 months, the goals I had set and what I would would like to do in the year to come.  Some people go for resolutions, but most of the time these tend to have a negative result.

Resolutions are often about the things that you have had no interest in doing in the past, so why would you change that in the future?  My preference is to work on things that do interest me, generally those I already do, but want to do even better.

Here are my top 10 things to live by for 2012:

Focus on making more money

Saving money is great and everyone should do it, but in order to go from having a little to having a lot, you generally need to do more.  My aim is to focus on ways to make money, not just save it.  I plan to write as much about this in the coming year as I can, hopefully it will help others make more money too.

Stop accumulating

I’m not really a hoarder, but over the years I have noticed things mounting up.  I have no problem with buying the things I really want, but I do need to start being a little more ruthless.  My aim this year is not to accumulate anything more, in fact I would like to actually have less.  The easiest way I can do this is to throw something out whenever I buy something else (or better yet sell, or give it away).

Reward yourself with something that is memorable

People do all kinds of things to reward themselves for the good work they do, but often it involves buying something that was not really memorable.  Following on from my no accumulating goal, I plan to reward myself with things that are memorable, but that will not add to the possessions I already have.  Personally I think that this can only be fun, I’m thinking family holidays, parties with friends and once in a life time experiences.

Establish systems that make life easier and free up your time

I love automating things as much as I can.  I automate my finances so I don’t get bogged down in them and it works extremely well.  I still think there is a little more that I can do in that department, so I’ll be spending some time perfecting this over the coming year and plan to share it with you here.  There are a few other things that I would like to make a little easier too, and I’ll let you know how they go once I get going.

Use time effectively

I really need to get better at this, so if you have some good productivity tips (for work), then let me know.  My big one at the moment is watching less tv, in fact I do very little of this these days.  If I can combine a few systems and manage my time effectively, there is no telling what I might be able to do!  If you are after a good resource yourself, you might like to try this awesome article written by Glen at Viper Chill.

Think big

I changed jobs half way through last year and the biggest thing that effected me was my inability to think big for quite some time.  Learning a new job takes time and it is easy to get caught up in the ‘busy work’ which often results in very little being done.  Unfortunately this is just something that you have to work through when you start a new job, but I plan to make more time to think about things in the New Year rather than just being busy.  The very same principle applies to my approach to making money, blogging or even living life for that matter.

Get outside your comfort zone

I do this whenever I can.  Most of us spend far too much time doing the things that we are comfortable with, it is safe and routine and we do it on auto-pilot.  Did you see that movie called Yes Man?  That is me, only not as annoying as Jim Carrey (I hope).  New food, new people, places and experiences, whatever comes your way, just go for it.

Learn something new every day

I love learning new things.  If someone can show me something I didn’t know how to do, I don’t feel silly, I’m just pleased that I learned how to do it.  I think everyone should do this, it keep you actively thinking and seeking out new ways to do things better.  You never know what a new piece of information or a new skill could unlock for you.

Read real books

I really like reading, but these days I do a lot of it on a computer.  I love the information that I can access online, but nothing beats reading real books.  This year my aim is to read more real books (with the time I plan to find), hopefully I can review a few on the Money Cactus site as well.

Maximise time with your family

My family is absolutely the most important thing to me.  In 2012 my wife and I will be increasing our little family by 1 and giving our daughter a little brother or sister.  I am definitely a ‘work to live’ type of person and want to make the most of every opportunity I have to be involved in the lives of my wife and children.

What do you plan to live by in 2012?

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30 Responses to “10 Things To Live By For 2012”

  1. Marissa @ ThirtsyixmonthsNo Gravatar

    31. Dec, 2011

    This pretty much sums up all of my goals. Good luck with number 1!

    Reply to this comment
  2. ShaunNo Gravatar

    31. Dec, 2011

    Thanks Marissa,

    I’m hoping number 1 goes well too! Good luck with all of your goals in the coming year, maybe we can compare notes at the half way mark?

    Reply to this comment
  3. Maria@moneyprincipleNo Gravatar

    01. Jan, 2012

    These are worthy principles of life; and not only during 2012. Happy New Year and all the best to you and your family.

    Reply to this comment
  4. krantcentskNo Gravatar

    01. Jan, 2012

    I make family my number one priority and I have never been sorry for it. The benefit is a great relationship with my children and wife.

    Reply to this comment
    • ShaunNo Gravatar

      02. Jan, 2012

      It is definitely my number one too, although it was lucky last in this list :)

      I love spending time with my wife and daughter and with another one on the way, it can only get better!

      Reply to this comment
  5. UltimateSmartMoneyNo Gravatar

    01. Jan, 2012

    My new goal in 2012 is maintain my current employment. These days jobs that once were stable have become unstable and are becoming more difficult to maintain… :(

    Reply to this comment
    • ShaunNo Gravatar

      02. Jan, 2012

      Not an unreasonable goal really! I hope that everything does go smoothly for you and that blogging adds to your income as well. Good luck!

      Reply to this comment
  6. Lisa @ Cents To SaveNo Gravatar

    02. Jan, 2012

    These are great goals! I especially like *not* accumulating new things. I definitely need to address this issue myself.

    Reply to this comment
    • ShaunNo Gravatar

      02. Jan, 2012

      It probably bothers me more than it should, but sometimes I just feel suffocated by stuff. Might have to make a few allowances for the kids though ;)

      Reply to this comment
  7. NeoNo Gravatar

    02. Jan, 2012

    Great list! I definitely agree with “get outside your comfort zone”. That is something I need to work on. And that is the only way I will meet my 2012 goal, which is to earn $10k in blogging income.

    Reply to this comment
    • ShaunNo Gravatar

      02. Jan, 2012

      Great goal! Making your goals public often works really well and helps keep you on track, so I’m sure you will do well. Good luck!

      Reply to this comment
      • NeoNo Gravatar

        05. Jan, 2012

        You are right, making your goals public gives you “the fear”… In a good way! I just released my 2012 goals at my site, so now I know I need to perform.

        Reply to this comment
  8. YFSNo Gravatar

    03. Jan, 2012

    I love this list. I’m definitely focusing on more income and getting out of my comfort zone. Only way to grow is to get out your comfort zone.

    Reply to this comment
    • ShaunNo Gravatar

      03. Jan, 2012

      I don’t know that it is out of your comfort zone, but it looks like you are doing a great job of earning more and building your profile in the PF blogging world. Good luck in 2012!

      Reply to this comment
  9. Aaron HungNo Gravatar

    04. Jan, 2012

    I just hope not to accumulate more debts though hehe Great reminders:D

    Reply to this comment
  10. This is a great list of life principles as a whole. I really like 3 and 4. Time efficiency is key to be happy because you are freed up to do the things you want to do. I also think you point about spending on memories is huge. This is what we do. We travel a lot and we do it for the experience and the memories. It is really important to us.

    Reply to this comment
  11. Doctor StockNo Gravatar

    04. Jan, 2012

    Some great ideas… balancing your time to make more money and spend quality time with family can be a challenge. I wish you the best in 2012.

    Reply to this comment
  12. The Jenny PincherNo Gravatar

    05. Jan, 2012

    This is a great list of goals for 2012! I plan to focus on 1,4,5. I find that I waste too much time doing things that don’t get me anywhere and I want to change that.

    Reply to this comment
  13. 20's FinancesNo Gravatar

    05. Jan, 2012

    Nice goals. I particularly like number one. I wonder if it will conflict with the spending time with family one. I often have to pull myself away from by business ideas. Not because I don’t like spending time with the Mrs., it can just be a little addicting.

    Reply to this comment
  14. Andrea @SoOverDebtNo Gravatar

    05. Jan, 2012

    I really enjoyed this post! This is a great list of things all of us could stand to accomplish in 2012. I hope this time next year finds you happy, successful in your goals, and possibly cradling a new little one!

    Reply to this comment
  15. Invest It WiselyNo Gravatar

    05. Jan, 2012

    I like these goals, Shaun! I continually try to follow many of these, myself.

    Reply to this comment
  16. NischalaNo Gravatar

    23. Jan, 2012

    This is such a nice write-up. I specially agree with Stop Accumulating and Do something new everyday. In fact, the best advice to anyone who wants to become wealthy is TO DO something about their personal finances everyday – And this is to ACT (Not read / plan)… Also, you will like my post on 12 New Year Worthy Questions to ask yourself in 2012 @ http://nischalamurthy.wordpress.com/2011/12/31/the-12-new-year-worthy-questions-to-ask-yourself-at-the-start-of-2012/ .. Happy New Year 2012!

    Reply to this comment
  17. I’m going to have my husband read this post; he’s looking at a job change that’s going to force him to take risks and learn new things. I liked reading how you’ve used those opportunities to grow instead of cower!

    Reply to this comment

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