Categories : The Daily Grain

 

At this time of the year it seems peculiarly appropriate to ask this: are your needs tripping you up? #beyourownguru #BYOG

Video Transcription…

At this time of the year it seems peculiarly appropriate to ask this: are your needs tripping you up?

We often believe that we need: three gadgets per task that we need to accomplish, for example. Or we think our family needs XYZ.

So I want you to pause for a moment and consider this question, are your needs tripping you up?

I know people, and I guess you know people, who have several iPads in different versions, several Kindles in different versions, and do they really need all? Is it really necessary?

One of my favorite stories to demonstrate this is this chap I met at a party and he made it a point to go up to everyone he saw wearing gold Rolexes and ask them – “Hey, what time is your watch showing” and when when they told him he would say “Funny that, mine says the same time. How much did yours cost?”

But that’s a very *plain as the nose on your face* example of a disparity in what fulfills a task and what you might think you *need* to have.

I know of instances where people save all year round so that they can really blow a lot of money on presents, on Christmas presents for their children.

And yes, Christmas is a very happy times to receive very many presents, but then what happens? They start the following year behind the eight ball.

And that for me is the definition of tripping yourself up.

And with all aspects of life really, with friends you have, with parties you go to, with career objectives, is your need to do something more than you are in a position to pay. Because everything has a cost, everything has a consequence, everything has ramifications to it.

So this is a great time of the year to actually think about that. Not just in terms of curtailing expenses but in more profound terms.

What is it that you are exerting yourself for right now and maybe, just maybe, you don’t *need* to.