Breaking your "Four minute mile" on money...

(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com) 

Breaking your "Four minute mile" on money...

The story of Roger Bannister is an inspirational one. For many years it was widely believed to be something impossible for a human to run a mile (1609 meters) in under four minutes. In fact, for many years, it was believed that the four minute mile was a physical barrier that no man could break without causing significant damage to the runners health. The achievement of a four minute mile seemed beyond human possibility, like climbing Mount Everest or walking on the moon.On the 6^th of May 1954, during an athletic meet Roger Bannister ran a mile in 3 minutes, 59.4 seconds. 

What made this event so significant is that once the four minute barrier was broken by Roger Bannister, within three years, by the end of 1957, 16 other runners also cracked the four minute mile. Roger Bannister eventually proved the barrier was mental and not physical.

His book "The four minute mile" is an interesting read....


We can definitely relate many "four minute mile" situations in our life. I would like to relate the "four minute mile" in handling of our money. Our goals and priorities determine our lives, more so our financial goals and financial priorities. Few common things we highlight are "how to set a goal for next 15 or 18 or 20 years which is too long", "find no time to manage my money", "my priorities keep changing always".. etc.,


Let's say you are taking a very long drive on road to another city. You have your basic travel in place; if the situation demands we keep altering it and reach the destination. Same is the case with our lives also. We need to break that mental block and formulate financial goals for us. True, they are bound to change over the period of time. But that should not prevent one from planning. 

Have financial goals in life:

Get your priorities right:

Being busy @ work is good, but have your personal priorities in place. Rank your financial priorities in the order of importance. And do it right NOW...


And as proven by Roger Bannister, it's all in our minds. Let's crack the "four minute mile" situations in our life.


Speak to experts @ Money Avenues to crack your "four minute mile" on your money.... Because it's your money...




(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com)