The FIFA World Cup 2018 is one of the most anticipated and most watched tournaments all over the world. 32 teams face off to be crowned as the best country in the world. This World Cup has all of the drama, action, surprises, shock, anger, disappointment, tears of joy etc. Right from Lionel Messi to Cristiano Ronaldo, all your favorite players are part of this tournament.
This year’s world cup campaign has been the most surprising tournament since the nineties. Yes, the so called big teams got knocked out soon and the so called “weak” teams performed way better. Looking at this world cup, we can’t help but relate it to its impact it directly has on your financial profile. Yes, watching this world cup can actually help you improve and strengthen your financial profile. We’ll tell you how.
Vision (Planning) – In football the most important requirement is vision. Vision in terms of planning the game and being a step ahead of the opposition so you succeed. Teams like France and Belgium had good vision and played their game with good planning. They were rewarded.
Similarly, from an early age, if you can begin to invest in different financial instruments, you build a base which will help you succeed in life.
Discipline – Throughout the tournament, teams like Germany lost their temperament when things were not going their way and hence couldn’t be disciplined enough to follow their natural game. This resulted in a loss and an early exit.
Similarly, if an individual can maintain discipline not only in monthly investments (SIP’s) but also in repaying credit card bills and loan EMI’s then he/she will reap the benefits at a later stage of life.
Will to succeed always – The so called smaller teams showed a lot of character. Teams like Russia and Iceland showed that with a will power to succeed, they can bring down any opposition down.
Similarly, an individual with a will to succeed will always find avenues to invest and utilize their funds. This will help them in strengthening their financial profile until retirement.
Hence if you’ve been closely following the world cup this year, you will understand that without any vision, discipline and a will to succeed, even the biggest of biggest teams can fall down. Hence be cautious and maintain a good financial profile.