Focus means;the main or central point of something, especially attention or interest.
The biggest issues faced by us, especially in our money & life decision making process is that of, ‘what to focus on & what not to focus on’.
When we focus on the incorrect things, the results are for sure not in line with the expected outcome.
This holds true while managing our personal money matters as well. Most people focus on the ‘unknown & uncontrollable’ macro variables when we can neither control them nor completely understand them. Every data point is from the past and has more or less minimal relevance for our future. Very few people focus on the ‘known & controllable’ variables which can be fully understood with quantified micro data points.
90% of our time is spent on the variables which we have NO IDEA of.
10% of our time is spent on the variables which we can SERIOUSLY WORK on.
Flip the time spent.
90% of our time is to be spent on the variables which we have to SERIOUSLY WORK on.
10% of our time is to be spent on the variables which we have NO IDEA of ; just to get an idea 🙂
Lets start to focus on variables which can be understood and controlled fully.
Let go the macro analysis, embrace the micro personal data.