Monday Money Monologue: How Are Your Financial Resolutions Coming?
We have officially entered the last week of January. Honestly, I can’t even believe it. Wasn’t it just Christmas? Wasn’t I just setting my 2019 goals? The past 28 days have been a roller coaster to say the least. Something like this:
January 1-5: Yes, a new year! I’ve got this. I’m finally going to reach my financial goals this year. The same goals I was going to hit last year but this is actually the year!
January 6-7: I am a failure. I am behind schedule. How is this possible? It’s only the first week!
January 8-11: I’ve got this! Keep pushing and working hard!
January 12-17: Ok I’ve still got this but honestly I have no idea how… Let me just aimlessly waist an entire week of my life trying to figure it out instead of actually doing anything.
January 18-20: Yes, back at it! I know I just waisted a week that I’ll never get back but now I’ve got it!
January 20-24: An actual conversation between Michael and I:
Me: I’m having a day. :(
Michael: You had a day yesterday, you can’t have two in a row.
Me four days into my “day”: I’m having a day.
Michael: At this point can we just say that you’re having a week?
January 25-now: I have got this. No more excuses. No more Imposter Syndrome. Just get out there and do it.
Anybody else feel me on this? Honestly, I think a lot of this has to do with the January blues too. Seasonal depression is real my friends! It took me a few days to realize that that may be what I was experiencing. This whole roller coaster of emotions that happened in January helped me to remember that minor setbacks are not forever setbacks.
So what did I learn about my financial goals during my first month of 2019?
You’ll never get back time.
This entire month I was bouncing off the walls like a person without a plan. Even though, I have a plan. I have a very detailed, strategic guideline for this year to help keep me on track. But I did not reference this one time. Not once.
I don’t want to say that I feel like this month was wasted, but there was a lot of time spent not actively working towards my goals. A lot of time that I needed. A lot of time that I cannot get back.
A conversation happened on Facebook last week between some members of my family that really stuck with me. My cousin Joe is very encouraging of my writing and likes to ask when I’m going to write a book. Which is a dream of mine. I told him, one day. His response was, “you know what the say about one day.” Then my Uncle Dan chimed in to second Joe’s comments.
The point that I am trying to get to here is, today is one day. So just start today. Also, that there are always people in your corner cheering you on. Listen to those people, not the people that don’t have your back.
Just put one foot in front of the other.
Do you ever have so many things that “have” to be accomplished that you don’t even know where to start? This happens to me a lot and my favorite thing to tell myself is to just put one foot in front of the other. Find the first thing on your list and do it. The rest will start to flow.
This is how you should approach your financial goals too. Even if you don’t know where to start, just start. For me, this looks something like this:
Identify my goals: pay off debt, emergency fund, vacation fund, long-term savings, home remodel.
Identify my current situation: how much money do I have, how much money do I make?
Realistically decide what you can do: how much money can you put towards debt, how much can you save?
Prioritize: which goal do I want to achieve first and what needs to be done to get there?
This is just a general guideline but it is pretty much how I started defining my financial goals. The best way to start working on your goals is to just start.
Everything that you have dreamed of, can be achieved.
You were put on this earth to do more than just pay bills and die. Every single goal or dream that you have for yourself can and will be achieved if you just start working towards them. Other people have done it before you and more people will do it after you. There is no reason that you cannot be among those people that have achieved their goals.
This is where how you talk to yourself really comes into play. Pay attention to your inner monologue. Once anything negative starts to form slam that door shut and start a new monologue. Staying positive and talking to yourself in an encouraging way is vital during this time.
You’re playing the long game, so don’t let your actions play the short game.
My Grandma Thober used to always tell me patience is a virtue. This used to just drive me nuts. But she was right. Life is a marathon, not a sprint and everything that we are doing is for the long game. So when you’re thinking about your financial goals, keep the big picture in mind.
One thing that I have learned in my years in sales is that one bad day does not determine anything. It’s about the month’s sales, not just one day’s sales. This is something that I have to remember when trying to pay off my business. Even though I still operate this business, I hate owing people money. I also hate being in debt, no matter what kind it is. But I can’t let these feelings dictate my quality of life. The debt will be paid off, I will be debt free and I will achieve my financial goals. But I still have to remember to enjoy life along the way.
So needless to say, my 2019 financial goals are still in progress. Just not as far along as I would have liked. All that means, is that I have to keep pushing forward and to never give up. Honestly, I don’t even know how to give up. I’ll just keep pushing and pushing until I’ve finally reached my goals.
How are your financial goals coming? What have been your biggest obstacles, if any? Comment below and let’s chat!