Year-End Reflection

As I mentioned in my post at the end of March (https://www.dhirubhai.net/pulse/how-effectively-structure-own-life-dmitry-sivov-dsxgf/?trackingId=8hbuQ%2F6mSlmqN4BA0Z0WjA%3D%3D), I conduct regular reflection sessions to check my progress. One of the best times for this exercise is the month of December, when you can spend weekends enjoying a hot coffee, lying under a plaid, and taking a moment to think through the events and emotions of the current year: career development, business ventures, new relationships - in short, everything that was important to you and shaped your context.

To increase the quality of my reflections, I divide the process into four narrower cycles:

1. Next weekend, I will recap my career achievements.
2. After that, I’ll focus on business and investment activities.
3. Then, I’ll reflect on my hobbies, including games and music.
4. Finally, at the end of the month, I’ll turn my attention to family and health.

When it comes to cold, hard numbers, I can assess this year as quite successful. Our household equity grew by 38%, significantly outpacing inflation rates in the Eurozone. A small portion of this growth came from investments, marking a shift in my paradigm: from spending money on lifestyle (house, car, leisure, etc.) to creating assets that grow equity and generate cash flows - some of which can be used for lifestyle expenses.

Many insights, best practices, and even a few failures (with lessons learned) will be shared soon. I highly recommend everyone to go through a similar reflection process at the end of 2024, and I look forward to reading similar posts from my contacts.