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Having been watching the Olympics
the last week or so, I got to thinking about all the training and focus which
went into a routine, fast laps in a pool or around a track. Years of efforts
piled into seconds or minutes. The goal of winning gold is on everyone's mind,
but only one person per event can achieve it.
Literally, the two do not have
anything in common. But if you look at the work ethic and goal orientation it
takes to become an Olympic athlete and apply it figuratively to getting out of
debt, the two begin to share similarities.
The ups and downs experienced on the
way to success can apply to both topics. Gold medal Olympians experience losing
races along the way. Quitting is not an option unless injury or other
unforeseen occurrences happen. Accept the disappointment and transfer those
feelings into making future successes.
Financial battles will have ups and
downs as well. Most budgets can be controlled by the individual, but there are
occasions when there are unplanned mishaps. If you look at your financial plan
as going for the financial gold, you may take on a new attitude towards
correcting your personal situation.
To start yourself off, write down
your goals. What is it that you want to accomplish over time? Make these goals
long-term ones with periodic check points to evaluate success. An athlete will
train, be part of a competition and have something to go back and work on. The
athletes will refocus training efforts to improve for the next event. Finance
training provides check points at the end of each month, quarter or end of
year. Different aspects of your personal finances will need various
checkpoints.
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