The secret is consistency

Happy Financial fitness Friday everyone! according to my Apple Watch I have completed my fitness goals for 171 days straight. Thats 171 days of exercise. My goal is to work out every day this year. That in its self is amazing given that’s its hard to stay focused on anything for a long term.

Now, You may be asking, “what can I learn about finances through working on fitness for so many days?” I know you’re asking it because I asked the same thing. Stick with me and you’ll learn what I have learned. Today, I want to point out the concept of consistency. But first, what have you been consistently working at, and how long have you been working on it? Leave me a comment and let me know.

I often hear comments that focus on the “power moves that build muscle now”, or the “lose weight quickly” strategies”. These usually work at first, but the moment you alter or stop using the plan, the plan stops working and you start to lose your momentum. This alone is enough to get anyone discouraged. What I’ve learned is, it is never about the type of plan you are following. It is more about the consistency of action. This is why the idea of “streaking” has taken off like wild fire. If you can work a plan consistently then you will reach your goals! The longer you take action, the higher the chances are that you will succeed.

The same is true about money. Often people mention the new bright and shinny new investment options that guarantee a high return that I need to take a look at. Or they tell me that the market is not doing well and I need to move funds to not take a big hit. I have read multiple authors and study’s of millionaires who said they made their millions by being consistent and diligent in their efforts with money, not the whims of the stock market. They stay away from debt, live on less than they are making, and consistently save and invest for the future.

When you do thing consistently, it may not be exciting. It’s the boring mundane tasks that lead to success. The “bright and shiny” items are put in our path as a distraction that will ruin our momentum. I try to avoid distractions and encourage you to do the same.

Stay physically and financially fit!

Corey