What is YOUR EVE Ratio?
EVE stands for “Entertainment versus Education” – that is, the ratio between what you spend each month on entertainment versus what you spend on education or personal development.
The average person has a ratio of 50 or 100 to 1! Not good. It’s no wonder so many have so much trouble staying ahead of the “credit wolves” and getting ahead in life financially.
How do you think you compare? What do you think your EVE Ratio is?
To find out, grab a piece of paper and create six columns. Title the columns, from left to right, Entertainment, Time, Money, Education, Time, Money.
Now, under the Entertainment column, list everything you can think of that you spend money on. For example Cable TV, Movies, Sports Events, Vacation, Dining, Drinking, Social Clubs, Video Games, Golf, Coffee, Satellite Radio ... etc., etc. ... you
get the picture.
List everything, and then in the Time and Money columns write in the corresponding amount of time and money spent on each item.
Next, do the same under the Education column. List everything you can think of plus the corresponding time and money spent on each.
Once you have completed the lists for both Entertainment and Education, add up the totals under the corresponding Time and Money columns. These totals will give you your EVE Ratio.
How does your Entertainment spending compare to your Education spending? Is there balance? Or do you, like most people
, find that Entertainment far
outweighs Education? Is the ration 5-1, 10-1 or 50-1 or more, as it is with many people?
You can tip the scale of business and personal success in your favour by adjusting your EVE Ratio. That is, examine your monthly spending priorities and start placing more emphasis on education. It doesn’t take much, but the long term benefits can be dramatic.
A lot of people make the excuse that they can’t afford the cost of continuing education and personal development but if you take an honest look at your EVE Ratio, you might find room for some small changes that can make a big difference.