I know that title probably doesn’t encompass your financial dreams, but take a second to think about your idea of financial success? A nice car, comfortable life, paid for house, retire at 50? We all usually have either vague notions or uber-grandiose ideas about our financial future. It is rare that I talk to any who has given thought to envisioning the desired outcome of all their financial planning and debt reduction. Have you?
I am not talking about random daydreaming, but rather devoting serious mental energy to picturing and defining a vision for your financial future. Your financial vision should be something that inspires you. A vision that adds meaning to all of the hard work. A vision that energizes you when you are having weak or undisciplined financial moments. A vision that serves as a checkpoint for all your financial decisions.
Still not sure if you care? Picture two women in seperate cars setting out on a road trip from New York City. One woman is going to make decisions when ever she comes an intersection or highway sign. The other dreams of seeing The Grand Canyon. The second car has a clear vision and creates an itinerary and directions that will get her there in about four days while stopping at a few other sites she has been eager to see.
Where do you think the first car will end up? Michigan? Brooklyn? Florida? Will she see anything of the really interesting places that she has always wanted? Most likely she will only visit exotic places likes Credit Card Debt and Stress on her way to nowhere in particular.
Which car are you? Do you know were you are going?