You have most likely been on a long road trip to a distant place that you had never been to before. Did it seem like forever in getting there? Were you counting the electric posts as your vehicle whisked them by? Did you start nagging with the question, “Are we there yet?”
Anticipation is good because it can get us excited. Remember the time when you were a child and could not wait to open your Christmas presents. But anticipation can also lead to stress.
Anticipating returns on your investment is an example of a stress-inducing activity. Add to that the dread that returns may not come in the amount or time expected. Anticipation can also lead to impatience because of the long time it takes for certain financial goals to come to fruition. Parents cannot wait for their youngest to finish college. Millennials cannot wait to retire, and at a very young age at that.
What is the best way for you to handle the powerful emotions that go with anticipation?
Listen to those who have experienced them. Remember that while it seemed like forever to get to that distant place that you had not been to before, the trip back seemed to go a lot faster. The reason is that everything now looks familiar and anticipation is but a distant memory.
There is a saying in Filipino, “Ikaw papunta pa lang, ako pabalik na.”
Listen to the words of the learned. It is not because they are older that they are wiser. It is just that they have gone through the anticipation that you may be going through now: the long periods of scrimping and saving; the eternity in paying down a car and housing loan; the seemingly insane practice of buying life insurance where you pay for something and not get any immediate return; and the roller-coaster ride with investing for a better future. The cuts and bruises they endured are forever etched in their memory. And when they speak of this memory, it is like learning firsthand from a seasoned financial expert.
Whose wisdom should you listen to?
There is a lot of people around you with experience bursting out of their ears. There are your officemates, friends who for some reason have been there ahead of you, business associates, and religious ministers.
Yet, the best source of wisdom is that which is often neglected. More than 2,000 years ago, this human behavior of ignoring the best source of wisdom was taught us. Quoting from Luke 4:24, “Amen, I say to you, no prophet is accepted in his own native place.” This best source is no other than your parents. Listen to them because you do not only get the wisdom but all the love in the world that can come with it.
Wisdom does come from people who have travelled the long and winding road of life.
We, your FinancePH advisors, will be glad and more than willing to help you plan your finances. Our customized financial planning approach caters to each individual needs, budgets and priorities.
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(Originally written by Efren Ll. Cruz, RFP at http://www.savingstips.com.ph)
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