Why You Need To Stop Procrastinating and Invest in Yourself

Welcome to the episode. So why do we delay in getting help? Why do we delay in taking that action for ourselves? You know, and this can be a delay in getting somebody to help us with our health, our relationships, our money, our business, whatever it is. There are multiple reasons that we delay. And really, what is the cost of this delay? But some of the common reasons that people delay investing in themselves are Is really just the fear, the fear fear, embarrassment of sharing with somebody, their, their, you know, unhintered situation, like I'm pulling back the curtains and I'm showing them everything. Another fear is the uncertainty. What will happen? Will I get the results? Is it going to work for me? You know, sometimes we feel like it's a lack of time. We just don't have the time. We don't make it a priority. So those are many common reasons for You know, investing in ourselves for whatever situation, but I think the biggest reason we delay, and this isn't just in financial coaching, but that is what I'm going to talk about, is the financial concerns, the cost, the cost of working with somebody. Somebody who's looking to work with a financial coach. They're already feeling the challenge, the struggle, the limitation of money. And then I'm supposed to take some of this very precious. resource and give it to you to help me. I can understand that like I need to put more money out, but I don't have enough as it is. Or you feel like you don't have enough. They get so caught up in the cost of fixing or, you know, helping them improve. That they don't factor in the whole cost of waiting. I want to share about my client. You may have heard me talk about her before. She was very clear on her financial goal. She wanted 100 doors by the time she was 50. She came to work with me. We had probably been working together for like a month. Maybe even longer, but I knew about this goal. So that was not the thing. When she shared with me that she had waited five years To take this step, and she goes, now I'm almost 43, like what was I doing? , that realization, and I said, nope, we're still gonna keep your goal. 450, but what was the cost of her waiting? But she was struggling, she was overwhelmed, she was making every attempt to do it herself. It's not like she just sat there and did nothing. I know that's what many of us do. . We don't just sit there and wait. We're just trying all of these different ways, all of these different avenues. And every time she would sit down, she would feel overwhelmed. She wouldn't know how to make sense of, you know, one plus one. She lacked time and energy. She was a very successful entrepreneur. In fact, she was so successful, people were asking to you. And yet, on the flip side, on the personal side, she wasn't able to make that success. And she just didn't make it a priority. She was bringing in the money, and she was falling on what she really wanted her goal to be. She failed to think about the potential of investing in herself sooner. Most of us do. So what do you actually lose by waiting? What is that cost? What can that look like? In the context of personal finance, there is a term called opportunity cost. I'm going to try and explain it very generally, but if you're ever in a situation and it doesn't matter what item or, you know, I'm sure you have said to yourself at least once, and if you have not, you're not looking, but you're like, man, that is such a great opportunity. I wished I was in a better spot. That is what you lose by waiting, is the opportunities of taking action. You know, not, not setting yourself up to be in a position where you are able to choose if that door is opened or not. I was recording with a podcast host, and we were talking about desperation, which is a subject for another day, but she was talking about her being able to capitalize on somebody's desperation, but it was a great financial opportunity. She was In a situation that when this opportunity came up, a really good deal, a really good opportunity, she was able to take action. She was able to, you know, do something that she had wanted to do for a while, and then financially she was in a situation where she was prepared and could do that. A couple other examples, very generally, so that you can understand opportunity costs just a little bit more. Compound interest on savings. What does that mean? In a very general sense, money doubles every seven years. The sooner you can get money into investing, ? It is going to double. And as many seven years as it can sit there, it is supported. It is growing. It is going. The other one is with debt. Now, I believe very, very, very, very few of us can segue this life without having to take on some form of debt. What I do believe is that individuals need to learn how to manage their debt and one of these opportunity costs is to pay down that debt early. ? Losing that total interest cost, but in another sense, you're freeing up that monthly payment. My client, as we work together, she was participating in my signature program, my 90 Day Financial Freedom Accelerator. And we had been working together, creating her systems and, you know, doing all the things, doing all of the, you know, plan that I have. And She came back to a session, it was probably six or eight weeks into this 90 days, and she says, I met with a lender. I said, you did? We had not even talked about it. Number one, working with somebody boosted her confidence to be able to reach out to somebody. You know, what does it look like? Can I buy my first door? Mind you, she had this goal. She didn't even own door one, but the confidence gained, she knew that her money was getting into alignment. And so she went to talk to a lender, you know, shared with them, bear it all. She is now past that fear. And she learned that while she initially thought it was going to be 12 to 18 months away, her first door opportunity could be as quickly as two to three months. She was not clear on exactly what it took and being able to go work with a lender, you know, she was able to learn from him, him, her what it was that she needed to do. And so that right there boosted her excitement, confidence, excitement, things are coming together. She now knows that working this plan that we have put in place will get her moving down that path of her financial goal. Financial coaching. Support you in providing clarity. Clarity towards whatever goal. And if you don't have a goal, we really work on that. But then creating a structured plan. Creating a system through payday moves, money routines that are repeatable. You learn them in the program, they become repeatable, and you keep going. Consider this. Money management in less than 20 minutes a week. Probably less than that. Very short amount of time because the system I help you create frees you up from tracking and really the time spent is working towards your goal. Is planning for the time and how soon and what does that look like and really, you know, putting all of your time and effort into what's coming up, not what has happened. We've not been successful with that to date. I don't care, ? We put in a system that supports you in making sure bills are paid, no questions asked, and then you're spending so that you can continue to eat out twice a week because that is what you desire. We've built that into the system as well. Even though it is a very structured plan, it becomes personalized, customized to support you in how you want money to work for you. And again, like I said, if you're not clear on your goal, I help you define that goal. We really start leaning in towards, you know, what does money mean to you and what is money going to serve you at one day. As we get clear on your goal, Then we lean into how are we going to get there sooner? What does that look like? We help you, you know, create a debt payoff plan. If that is needed, we help you grow your savings, making sure things are stable, that you have financial stability in case life sucks and life happens. . We build that in as well. And then, like I said, you know, I teach you how to manage spending. I don't know if you listened to the earlier episodes where my client learned. She was not spending on herself, ? Exploring spending, looking at what you think you're doing and what you're truly doing is what this system brings. It supports you. It's very easily done. It's a quick review. You can learn to do, and again, everything taught is repeatable. It continues to move you forward. Why is it repeatable? Because money doesn't just come all at once, ? It would be easier if that was the case, but it's every two weeks, or maybe weekly, which is a very small amount, or it's once a month, which is, oh my gosh, waiting for that check. And then the excitement comes in that planning, building, growing. financial coaching provides clarity and a structured plan. This was key in helping my client. Get moving on that first step on her financial goals Being able to take that big step and buy door number one. It is just having that system in place that just is automatic. You know, you're not stuck thinking about, Oh my gosh, I was over a budget last week or last month and now this. And you know, you get to release that. You get to free up your time and energy. This client was one of the. multiple I have had that come to me saying they want a system that is not going to be, you know, sucking the time, sucking the life out of themselves. Those are the words they use. And both of those clients that I can clearly remember, They have been successful. They enjoy digging into those numbers once a week and, you know, planning and looking ahead and seeing what's going on. And then when, you know, that unexpected happens, they kind of roll with the punches. They're better, they're in a better situation to react because they're focused on financial stability first. These are just a couple results, couple things takeaways that my clients have had within the 90 day financial freedom accelerator. This 90 days can support you and whatever challenge or hurdle you're currently facing. Make managing money easier and really just lean into a new relationship with money. Learn to love it, learn to create, have it creates something. That you truly desire. Instead of just wondering, waiting, hoping. All of those things. Try to get a certainty to all the areas that you can. That is what is taught again in this program. And I'd love to support you. If this sounds of interest to you and you would like to explore and know more, please be sure to book your free budget, breakthrough call, where we can chat about the different things. You're looking for, the challenges, the hurdles, and how best my programs can help. To resolve those issues for you. These programs are customized, personalized, really lean into what needs do you have and what challenges you're currently facing. To help you move forward on your financial journey. Don't hesitate to schedule your free call. 30 minutes. We can quickly discuss. You will know whether it's a right step for you now or not. I'm so excited to serve you and help you. And I thank you for listening to today's episode.