Do you like to be comfortable?
I’m sure you do. We all prefer to be in our “comfort zone” when we’re living our lives. If we’re not comfortable with something, we either avoid it or escape it.
This is the final email covering the middle-class beliefs that often prevent one from becoming wealthy. And this last one is a big one.
I’ve been talking about mindset because this is where wealth is truly born. Most middle-class folks seek a physical, psychological, and emotional comfort as their goal. And that is their Achilles heel.
You see, becoming wealthy doesn’t happen in a comfort zone. Financially successful individuals have discovered that accumulating wealth isn’t easy, and the expectation that it will be comfortable is unrealistic.
They learn to be comfortable with feeling uncomfortable.
They accept that there is uncertainty, but they plow ahead anyway. The mental toughness to endure temporary discomfort propels the wealthy toward the eventual harvest of even greater riches.
Meanwhile, most people will take great pains to avoid choices and situations they don’t like. This is kryptonite for wealth building, especially in the early stages.
Wealthy people are daring. Optimistic. Adventurous.
As the saying goes, if you can’t run with the big dogs, you’d better stay on the porch.
If you want to achieve your financial goals, it won’t be easy. But, those who persevere reap the rewards. Those who press through their discomfort level will reach their goals.
Now, we understand comfort level. We will never pressure you to decide on your portfolio. Our role is simply to guide you toward the best options for your needs. That said, we also de-mystify those areas that may cause you discomfort or uncertainty. Sometimes all that is needed to develop a strong financial plan is more information.
Once you understand your options, then making that decision might be more comfortable. We like it when that happens, and so do our clients.
These are precisely the kind of conversations we like to have at Money & Clarity. We’d love to give you more tips on how to fatten up your own account. Why not give us a call at 513-563-PLAN (7526) or book online? Let’s talk about a few other ways you can multiply your money that will deliver big results.
Nikki Earley, CFP® & Dan Cuprill, CFP®
P.S. To learn the steps you can take to protect and even capitalize on recent investment volatility in light of COVID-19, check out my webinar.