Friday Financial Tidbit-Your finances aren’t built in a day

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Last September I had the privilege to attend the Quitter conference presented by Jon Acuff in Nashville, TN. I did a recap of the conference on a podcast episode as it was a great 24 hours full of inspiration, motivation, and tips to help me work towards getting my dream job. There were a lot of great quotes from that weekend, but my favorite has to be

“Never compare your beginning to someone else’s middle.”

Rome wasn’t built in a day and neither are your finances.

I love that quote because it applies to so many areas of our lives, including our finances. Often we can get downcast and even envious when we compare ourselves to others who appear to be doing better financially than we are. But the thing we have to keep in mind is that it often took those people years, if not decades, to reach the level where they are.

The thing is our finances aren’t built in a day. You won’t master a budget your first month doing one. But if you start to do one you will get better and better each month. Your debt won’t get paid off in one paycheck. But if you get serious about knocking out your debt, you will eventually get there and get to share your story to inspire others. Having a million dollars in your ROTH IRA won’t happen by next year. But by investing sooner rather than later you can use the power of compound interest to your advantage.

Getting where you want to be financially is not a one day action or decision. It takes daily decisions to get to where you want to be financially. It’s about being consistent and building the discipline today, so that later you will be able to reap the rewards.

I know that is counter to what we are marketed each day. We all have that, “I want it, and I want it now!” mentality. I know when I look at people who have paid off their house and are able to give and save like crazy, I get a little jealous and wish that I was in their position. But the thing is, I realize that they didn’t get there in one day. You have to start somewhere in your financial journey to resist the temptation to compare your beginning to others’ middle. Because you will never match up and ultimately never make the decision to start taking control.

What are you doing this year/month/week/day to build your finances?

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One Response to Friday Financial Tidbit-Your finances aren’t built in a day

  1. Pingback: JW’s Financial Coaching Podcast Lesson #88-What to do today to help your financial tomorrow | JW's Financial Coaching-Giving you a new perspective on your money!

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