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      28 April 2017 by Sarah-Jane Smith

sjsmith.com.au - blog

Setting your own limits

Enough Already

I recently got turned down for a bank loan.  I tell you this not because I see it as a failure, or because I want some sympathy but because when things don't go my way it usually leads to a fair bit of navel gazing on my part.  The thing that I came to is to question how much is enough.  I wanted the loan to buy another investment property.  I've had some big dreams about the amount of property I'd like to own. Unfortunately, the bank, do not at this time, share my dream!  I already own some investment property so maybe I have to be content with what I have (for now).

Talking about having enough has got me thinking about how I see my business and about the plans I have.  Like most people I started out with plans of world domination, market saturation and an army of loyal customers.  Twenty years down the track I have down scaled my dreams somewhat.  I'm not sad about this though because the compact version of my business suits my life completely.  I don't want to be spending all of my time devoted to making money, building a social media following or in development of new services and products.  I'm not criticising anyone who has an obsession with what they do and are constantly thinking about, or working on building a company.  But that's not for me. I want enough income to cover my bills and put a bit away.   I want to have enough put aside that I can take an overseas holiday if I want to and have enough to cover an emergency.  Being well insured and saving a bit for retirement also matter to me.  

It's easy to be caught up in the mindset that you should grow your business or you might fade away.  Have a clear idea about what success is for you.  What matters to you financially? How much is enough? When you have a clear picture about what that is then anything else becomes gravy.  


Till next time,


Sarah-Jane X


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