To accomplish anything great, it will usually require consistent effort over long periods of time.
Here are some examples:
- Run a 26.2 mile marathon I’ve run two of these events – the San Diego Rock ‘N Roll Marathon and the Houston Marathon. Each one required several months of intense training (I really like the free training plans offered by Hal Higdon)
- Pay off a house I was able to accomplish this by age 38. It took years of consistent and intentional focus to accomplish this major financial goal.
- Education It takes 13 years of consistent performance to obtain a high school diploma. Four years of effort to earn a bachelor’s degree. More for a professional graduate degree.
- Raise a great child I’ve not successfully done this – yet! With a 13 year old, a 3 year old, and a baby in the house, we are well aware of the need for consistency and its important role in raising a great child!
- Losing weight Anyone who has faced the challenge of losing weight and succeeded clearly understands the power of consistency in maintaining a good diet and regular exercise.
- Building a business Rarely is a business built overnight. I once heard one of my financial heroes, Dave Ramsey, say, “It took us 17 years of hard work to become an overnight success.”
Consistency allows you to accomplish “elephant-sized” dreams and objectives “one bite at a time.”
To achieve long term financial success, here are some key financial practices one must strive to consistently employ:
- Give Make it your habit to live a generous life. Consistent giving ensures I am constantly aware of the great needs of others.
- Save You can not prosper financially if you do not save.
- Invest Investing a little bit of money all of the time usually trumps investing lots of money every now and then.
- Budget Giving every dollar a name every single month will ensure that all of your finances are used to their maximum potential.
- Continually learn about money Your financial education is built over time – just like your regular education. Commit to consistently learn about money.
- Insure If you do not have all of your assets consistently insured, you will be at risk of losing everything you have built up.
Are you living a consistent financial life?