“Neo, sooner or later you’re going to realize just as I did that there’s a difference between knowing the path and walking the path.” — Morpheus, from The Matrix.
True story: Once upon a time, yours unruly was sitting in front of a client who had made a commitment to saving money. I taught her everything she needed to know to make this plan work. We spent several weeks going over everything. I tweaked her plan to make sure nothing terrible would happen if she lost her job or something happened to where she couldn’t work.
Anywho, after crossing the “i”s and dotting the “t”s, she spent about 6 months putting away money…then stopped.
Like, full stop.
She was sick and tired of investing money in the market, so she pulled money out of her 401(k) plan. Instead of saving this money, she went on a spending spree.
Why did this happen?
She knew everything she needed to know…
…but alas, knowing is only HALF the battle, as the great philosopher G.I. Joe once said.
Implementation is (obviously) the other half of it.
An Action Plan Is Needed
Nothing happens without action. And, for many people I know (myself included) an action plan is needed. Elsewise, we just sit on our duff and think happy thoughts about what we would like to do.
Example: If you KNOW you need to start saving 10% of your income (and most people need to do at least this much), then you make a budget or cash flow plan and start saving money IMMEDIATELY. You make this a priority…like in the book The Richest Man In Babylon.
10%. Off the top. Every month.
No excuses. No rationalizations. You just start doing it.
OK, enough of this yammering.
If you already “know the path,” and you’re finally ready to “walk the path,” hop on my email list and let’s boogie. You get free daily tips and advice and access to exclusive info I never publish on the blog. Go sign up, now.