Why Everyone Needs a Financial Trainer
Diet and Exercise = Saving and Investing
I often talk about the similarities between being in good physical shape and good financial shape. Both of these things are something that everyone understands they should focus on if they’re going to live a better life, but it’s usually much easier to put it off until a later date. Improved financial and physical health is also proven to have a positive effect on all aspects of someone’s life, most importantly their mental health.
Today I am going to talk about the importance of having a personal trainer (Financial Advisor) to help keep you on track, because that’s the most important role we have.
Dieting equals Budgeting
Let’s pretend that your budget is the exact same as your diet. Every person on this planet understands that they should put good, quality food in their body and not put a whole bunch of garbage in it instead.
That’s the same as everyone understanding that they shouldn’t spend everything they make on things they don’t need.
Sometimes, it feels so good to eat a Big Mac, just like sometimes it feels so good to buy that purse (I love myself a good purse), or go on that vacation. For me, I have no problem with cheating from time to time, we all need to live, but the first step is finding a good balance.
It’s obviously going to be better if you develop these habits early as it will be easier to continue. Also, if you wait too long and have put too much garbage into your body for too long, then it will seem like a useless exercise to try and change your ways. I can promise you that there can be light at the end of the tunnel if you decide to seek help and change your ways. It’s not easy, but you’ll never regret this decision.
Don’t wait until you’ve hit rock bottom where your doctors says, you either have to change your diet or you’re going to die. I’ve had so many people come to me only once they have gotten to a stage where they’ve completely run out of options. If you’re on that path, don’t hesitate to ask for help.
This actually starts with parents. As you’ll see, some parents will feed their kids crap, while others will only feed their kids organic food. Just like some parents will teach their kids the importance of saving, while others will set a terrible financial example for their kids. With that said, just because you think your parents understand money doesn’t mean you should use them as your financial coach. Usually your dad is only your hockey coach until you’re 8. Just because he plays men’s league doesn’t mean he can coach the Oilers.
Exercising equals Investing
After you’ve developed a healthier diet, it’s about exercise, which is the equivalent of investing. A lot of people want to see huge results as fast as possible, so they take supplements or steroids and see incredible gains very quickly, but usually those fade and the results are only temporary.
The best way to achieve great physical health is to develop a healthy lifestyle that works for you that can be maintained for a long period of time. For some, just going for walks every day is enough. Others bike, hike and run, while there are others who work their asses off and hit the gym every day and make sure they are always eating as healthy as possible.
This is not for everyone, but those people are going to be in the best shape, because they put in the most work.
That’s the exact same as your financial health. It takes work to be successful and save money. It’s not easy and it doesn’t get easier if you put it off until you’re older.
My job is to find a diet and exercise plan that works for you. Some people need to start slow and work towards the next step.
Others are pretty healthy, but need a few tips to take them to the next level.
While others are elite and just need some tweaks that will perfect their workout regimen.
Like any good coach, it’s just about finding a way to help you decide what your goals are and then develop a plan to help you work towards them. You’re going to slip and you might get injured at some point in time, so it’s our job to try and motivate you to get back into the gym.
Whether you’re just starting out, or you’re in great shape, I think you should seek the advice of a qualified coach to help you reach a higher level. Everyone can get in better shape if they’re willing to put in the work.