Last week I had a golf breakthrough! When I’m at my mom’s, it’s easy to play a few holes of golf each day, whereas in Austin, I usually slip in a game a week. Improvement is slow, trust me! I have noticed that for the past 2 summers, this daily focus has really improved my results, and this year was no different; I excitedly reported to my mom that I felt like I had experienced a “golf breakthrough”.
Then I thought about how this principle can be applied to any area of our lives. It’s the “what you focus on grows” theory. This is the updated and trendier version of “practice makes perfect”, which we know is probably not really perfect, but it’s certainly improved. Let’s apply this dynamic principle to money matters!
What area of your personal finances needs a breakthrough RIGHT now? Is it better monthly cash flow so you can grow your wealth? Then take 5 minutes to make a list every day for the next 5 days on ways to increase your income or spend smarter. You better believe this will affect your money habits for the entire day!
Is the improvement you want to confidently meet with your financial advisor while demonstrating leadership with the person you have hired to manage your money?
Maybe the change you seek is to simply become knowledgeable enough to begin investing your money so it can grow. (Yes, there are actually investments that even do well in down markets!)
Spend just 5 minutes a day during the next week focusing on the area where you know you want a financial breakthrough. Make that list, and get the items on your calendar. The transition to fall is an excellent time for such expansions; you can still make a difference with your financial goals this year.