Weekend Homework: Define ‘Value’
Author: Todd - Philosophy of the Wealthy
Yesterday I talked about drawing your own guidelines to create your own unique set of virtues and values. Today, I want you to do exactly that.
Defining what you believe in will allow you to stay true to yourself no matter what the case. With that, let’s get started. I’ll put in a value that I try to live by.
Step 1: Identify and clarify your values – What is important to how you live and how you want to live?
Thrifty - To me money management is important because with it you are able to accomplish dreams and work towards goals. Therefore it is important to keep it managed well.
Step 2: Turn your values into behavioral goals – What can you do to turn your values into measurable goals?
Buy items only out of necessity or sustainable value. Avoid unnecessary spending.
With that I have given my value, Thriftiness, a definition that I can strive for. In the end my definition looks like…
Thrifty – Make purchases out of necessity, wealth building, and goodwill.
Okay, there is my first one. What values are important to you?
Family, friendship, honesty, fun, integrity…the list could go on for quite a while. Honestly, it’s a great exercise to write down your values and their importance to you because it gives you something concrete to live by.
It’s good to meet like-minded people, you guys are going right in my bookmarks!
April 14th, 2006 | #
I’m thinking of integrity. Sometimes, skipping a few steps in a project/goal seem a heck of a lot better. With my value, I don’t want to skip the primer when I’m painting the porch.
April 16th, 2006 | #
[...] Todd over at Aridni tells us that having values you believe in is critical to being true to yourself. He uses one of his values, thriftiness, as an example for turning a value definition into something you can act on and achieve measurable results. Thrifty–To me money management is important because with it you are able to accomplish dreams and work towards goals. Therefore it is important to keep it managed well. [...]
April 18th, 2006 | #