What if working harder and becoming more disciplined is not the answer to achieving your goals?
When it comes to behavior change, it is better to start with small habits or “micro-actions” instead of trying to take massive action.
If you have ever tried to crash diet, then you know what I mean. You may have lost 5-10lbs in a week, but usually, it comes right back because it’s impossible to be consistent when there is too much resistance. Crash diets don’t work in the long-term and neither do crash budgets.
Our brains default to the path of least resistance which means we have to make our changes easier to begin with. In other words, we must master the art of showing up consistently and tackling small habits, then we can improve and refine our habits over time.
So instead of trying to lose 10lbs or save $1,000 dollars this week, try cutting out 1 food or 1 purchase and aim to lose 1-2lbs or save $10-20 this week.
Consistent progress is key when it comes to finances and everyday life. Paying off $50 of debt this month is better than $0. Saving $50 for emergencies this month is better than saving $0. An extra $50 in your house fund this month is better than $0.
Some progress is better than no progress! Start taking micro-actions to close the gap between where you are and where you need to be!!
Samuel Shinn, MBA
Wealth Advisor
856-437-9294
Samuel.shinn@lpl.com