While I prefer to exercise outside, I do go to the gym to build strength. My warmup is 18 minutes on the treadmill. The other day, I started thinking about why I run for only 18 minutes.
What if I went to 20 minutes? Is that much harder? Or, is that the amount of running time I am used to? After thinking about it, I realized that a while ago I set the time on the treadmill and never adjusted it.
If you are like me, you may have set a limit for yourself and never thought about it again. For some folks, that could be an income limit they set 10 years ago and haven’t moved far beyond it. Maintaining the status quo is easy for us to do.
Too often, we limit ourselves to the way we have always done things. Just recognizing you are limiting yourself can be a great first step. Once you do, it is easier to figure out what is the next best step for you. It doesn’t need to be a huge step. For me, it was simply adding 2 minutes of running on the treadmill.
The same approach can work with our wealth planning as well. When we have limiting beliefs around how money is made, saved, spent or invested, we find ways to maintain the status quo. If we recognize those beliefs and take the next step, we can create more abundance in our lives.
The first step to a wealth plan is to prioritize your goals and dreams. I recommend using a Money Compass to get clear on how your goals and dreams can be supported with your money. I have this step outlined in an e-book, so anyone can do it on their own. If you would like a copy, please reply to this email and I will send to you.
If you have a self-imposed limit around your wealth and want to take the next step with some guidance, I am happy to help. To schedule a time to talk give me a call at (619) 490-4059.