A PROSPRA-ous New Year

I hope it isn’t too late to wish you a happy and prosperous New Year.

I’m glad it isn’t, because I really want to wish you a PROSPRA-ous New Year, but I’d better explain that.

I’ve just completed the first pathway. This one guides you to financial freedom. I will improve it, and add to it over the months and years that follow. I will add tools that allow you to plan, track, and appreciate your projects online. It will get better, and be easier to apply to your specific needs. That is stunning, considering how amazing it is in it’s current form.

It is essentially, a problem solving tool. I use PROSPRA whenever I have a problem to solve. It is also a very fine task management system, especially useful for repetitive tasks.

I have developed the financial pathway first, as most visitors are concerned with finding financial freedom. The model is quite easy to adapt to any project, and I will adapt it for fears, speech, and health very soon. So why is it so good?

What Is PROSPRA

I will keep the financial theme going, by way of an example. PROSPRA is my seven stage problem solving technique. Here is how it applies to finding financial freedom:

Purpose

Why are you doing this project? Express your financial goals as a statement such as “I need to raise $5,000 within twelve months to clear my credit card debt by reducing my household spending”

Reward

Are your rewards realistic given the resources available to you? Feedback and improve your purpose: “Credit card debt of $5032 is killing me. I will clear it within twelve months by canceling my unwanted memberships ($600), downgrading subscriptions($720), eating out less($1580), one less vacation($1500) and interest charges($632)”

Objective

Simple on this simple example. We cut out all non-essential purchases, then relaxed and added back some most desired luxuries to make target.

Strategy

A to-do list of subscriptions and memberships to change, and an eating plan for cook-at-home days.

Production

Work down the list and check all tasks completed.

Reap

Check credit card statement for cancellations, changes, lower balance, and lower interest charges.

Appreciate

Share better deals with friends, apply processes to non-credit card costs.

This is a simple example, but the principles apply to all projects. Careful planning in the first 4 stages results in an achievable plan that is uniquely personal. The clear purpose keeps you focused as you do the plan, which is now a simple task list. Monitoring and feedback stages ensure that, not only do we reap our expected rewards, we continuously improve the plan in the light of real experience. This gives us a better plan, a better result, and also exposes opportunities for new financial freedom projects.

When will you start yours?

You can follow the Financial Freedom Pathway on your own spreadsheet, or using pen and paper.

I will open registrations soon for your free online PROSPRA planning service. If you have not done so, now is a good time to subscribe to my free update service:

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