Friday, August 22, 2008

managing your resources

At the risk of sounding too general, I am writing what may seem obvious to many. Some commonsense which many of us are guilty. What am I talking about is none other than .... wasting.

There has been a lot of talk about precious resources on the world scale. On how humans have used more than they are required. I am not going to bore you with that mumbo jumbo ( no matter how related it is to this topic). The discussion goes on saying that resources are truely limited, and if we are not careful with our usage of natural resources sooner or later we would on the loosing end

If you understand that.. than it would be easier to understand resource management on a more personal level. When we talk about personal resource management, we talk about trying to optimize and increase efficency of results (whatever that is you want ) with the finite amount of financial resources . Below are some of the recommended guidelines:

1) SET YOUR TARGET AND GOALS

This is probably the most significant part of your resource strategy. Know what you want and be sure to follow through. Of course sometimes your end point changes from time to time, However, make sure that your core goals are intact.

2) EXPERIMENTS AND CHASING OPEN ENDED GOALS.

You do need to concentrate your goals and aspirations. however, as the saying goes... ' don't put all your eggs in one basket' still holds. invest your resources a small amount of your resources on other subsets of your well being. However, bear in mind that do not get overboard with too many small skirmishes until you lost track and resources of your main goal. If these experiments are successful they maybe a bonus but make sure if it it fails your would be on your knees crying.

3) EMOTIONS, EMOTIONS.

Making decision based on emotional pleasure once a while is a guilty pleasure that can be relaxing and refreshing. However, be wary to not be to addicted to it or else your indulgence would be more of a burden to your resources that helping you relax.

4) PASSION

while managing resources tries to minimize emotional pleasure in deciding what is good for the overall picture, emotions itself plays a larger role in managing resources. Passion for example plays an important part in deciding the targets and goals. Passion itself increases productivity and efficency of the result that you intended. Hence, do not discout emotions but use them as the main tool to maximize your results with minimal resource