Even if you won a fortune in the morning, you'd be as dissatisfied with your life in 6 months time as you are now unless you look inside to what ails you. Instead, plan to make realization of your hopes and dreams long term. Visualize where you will be in 5, 10 and 15 years time and the sorts of outcomes you want.
Definition. The schedule of payments for paying off a loan. An amortization schedule breaks down the payments into interest and principal, which is helpful because with an amortized loan these the amounts vary with each payment.
Amortization is the deduction of capital expenses over a specified time period (typically the life of an asset), which in the case of oil and gas, refers to tangible non-drilling costs sustained while developing the reserves.