I talk to a lot of people about their financial freedom. Many of them say the same thing; “I really want my financial freedom, so why do I never get around to taking the action to achieve it?” Procrastination is really common when it comes to money matters (and other matters). We’re busy and we’ve got a lot to do in our lives – so why not put some of that stuff off? How does one stop procrastinating?
The trouble is that if you put off your financial freedom forever; you’ll never have that freedom. You’ll be retired without a decent income having spent your whole life as a wage slave. You have to put an end to procrastination about financial freedom and seize your opportunities now. Here’s how you stop procrastinating:
Stop Thinking and Start Doing
All that effort you put into thinking about investing and thinking about a better life could be effort better spent on actually investing and getting a better life. If you took just one action a day towards your financial freedom (even small things like setting up a meeting with your bank to arrange a mortgage on an investment property count as one action) by the end of a year – you’d already be a long way to financial freedom and no longer wondering how to stop procrastinating.
Keep Things in Proportion
You eat an elephant one bite at a time. You get your financial freedom one action at a time. If somebody showed you all the work you did at school piled up in one place; you would think, “I can’t do that.” But you did. You need to break big tasks down into small manageable actions. No, you can’t buy a house, take out a mortgage, decorate it to standard and rent it out today. You can, however, make an appointment to talk to a real estate agent about suitable properties.
Always Do The Hardest Thing First
If you have a list of things you have to get done; if you get the hardest one out of the way first –everything else feels easy in comparison. Plus, you get rid of the thing you were dreading and that takes a load off your mind too.
Make A Decision And Live With It
We live in a world of many, many choices and this leads to a phenomenon known as “decision paralysis”. That’s where we sit around and wonder about doing the right thing so much that we do nothing. It is much better to decide to do something, do it and live with the consequences than to stare at the walls all day wondering “what if.” Most sensible investments go up in the long-term anyway. A little bump in the road isn’t worth getting worked up over, so stop procrastinating.
Finish What You Start
You need an end goal and an agreement with yourself that you’ll finish what you start. It is persistence that provides financial freedom. It’s hard to keep trying if you don’t know where you are going but If you have a goal in sight, you’ll know when you’ve reached it.
Need A Helping Hand?
If you are concerned that you can’t stop procrastinating over your financial freedom, why not call in the services of a coach like me? Pick up my Abundant Mind Toolkit today to get started.