When It Comes To Your Money Life, Here's How To Avoid Regret

As posted on Forbes.com

Every year, we look forward to the next year with hope that it will be better. But we all know there are no guarantees. There are no assurances that the good things in our life will continue or improve.

But when it comes to your money life, the good news is that we can control some important things. Other things are beyond the scope of our input.

In order to have the most success, you need to be active in some very specific areas of your life.

The best place to start is to look at your past and consider what worked and what didn’t– then create your “wins and losses.” If there are any losses in the column of things you could have controlled, you should note and consider them. Ask yourself what you could have done differently and what would have prompted a decision that would have brought about a better outcome.

When I say look at your past, I am not talking about looking at which stocks did best and deciding that you should have purchased them. That’s Monday morning quarterbacking at its absolute worst! I am talking about your overall game plan of success.

Read the full article.