Money may not be only important factor in life but it is importatnt to have good financial goals & planning to become successful in Life.
Someone yesterday at Jr level asked me, What only one advice I can give to him looking at my life’s experience.
I have thought lot that what can I tell to this young man ? Initial thought came that I can advise him to work on Innovation, latest technologies, to do something creative but then I need to give only one advice which is very important for him in Life so then I have said start making financial goals in the early stage of life.
We should enjoy life at fullest but same time we should have good future planning & financial goals.
Current Job market is very volatile, at any levels. How much smart, hardworking, committed you are, If business condition changes everything comes to Numbers and profit margin and sustanibility. Your Job title & individual performance become secondary & you might be ask to leave any day, as you grow at Sr level risk increases & probability of getting again new Job at Sr level is less. N no.of cases I have seen in life with many sectors where people are in trouble who didn’t do proper financial planning.
Financial stability gives you confidence, courage to take your own decision, respect in society. Not everyone but few people determine your succees by your financial achievements in Life.
I keep on giving one small example to few people, When I go on Activa our society security is not bothered much who is going but If I take Mercedes out he can stand and salute and open door quickly. Sad but true our society mind set has become like that. Offcourse not generalising it & many great leaders exceptions will be there, I am talking about common man, but I found in this particular example respect is not to person but it is coming because of Car which I am holding.
I have seen many cases where team members very firm I will only work on Microservices & Azure projects but some are flexible who says I can work on any related technologies, with any Customers and travel Worldwide. Happiness of everyone is different. My personal opinion is as your experience grows having knowledge & Experience on multiple technology helps.
Have a nice Sunday, If you have not done any financial planning so far start thinking various ways how we can get stability in it and less dependancy only on salary income.