In our previous episode, we launched our Gap Year. Now, with three months left, it's time to evaluate it. Ask yourself these questions weekly, record your answer trends, but also pay attention to your heart.
Components:
Zurich explains several math equations in this episode. We explain them visually for you here:
Overall score: Count up your score, divided by the possible score, then convert to a ten point scale. For example, if you had 17 items, for a possible score of 170, but scored 140, then you would divide 140/170 = 82%. Convert that to a 10 point scale and you get 8.2.
Quantifying Good Feelings" Count the number of “good feelings” and divde by the total number of items. Translate the percentage into a digit. In other words, if you had 12 items, and felt good about 9 of them, that is 75%. On a ten point scale, that is a 7.5.
Overall Score: If you're a data-driven person, weight your results 80% toward data and 20% toward feelings. If you're more feelings-driven, go 50-50.
To get your overall score, multiply each of your scores from data and feelings by the ratio above, then add together. For example: 1. If you scored 8.2 on the data, and 7.5 on the feelings and your ratio was 80/20 data/feelings. 2. Then you would multiply 8.2 * 80% and 7.5 * 20%, and add the resulting numbers together. 3. 8.2 * 80% = 6.6. 7.5*20% = 1.5. 6.6+1.5 = 8.1 Overall
Results:
Extend (7+)
If you scored 7 or better, it’s worth another go. But maybe not a full year. Usually, a 7 can be improved. Zurich's rules of thumb:
7 – 8: I try again for 3 months to see if I can get over 8.
8 – 9: I try again for 6 months to see if I can get over 9.
9+ : I make it permanent
Start Again (6-)
If you scored 6 or below, something is seriously wrong
If scored 4-6, look for timelines or sections useful
If scored less than 4, look for salvageable items. Maintain optimism.
Contact:
Zurich Awes Financial Management Website: https://www.zurichawes.com/
Zurich's email: zurich@zurichawes.com
Zurich's phone number: 763-577-1900