How To Squash Your Nagging Money Worries
January 6, 2012
Do you ever go to bed at night worrying about money? If you’re anything like my wife then some of those worries can keep you tossing and turning all night long.
The simple answer to get rid of those worries is to tackle whatever concern is nagging at the back of your mind. Unfortunately, life’s not always that simple. Whether it’s work, family, school, or other responsibilities – life is busy and it’s tough to make time to get things done.
Running the Rat Race
I know before we had kids, I worked long hours at my job while going back to school for a Master’s degree. Then we started a family and I launched this site and I haven’t slept a full 8 hours since : )
I’m sure you could share many similar stories, there’s never enough time in the day to get everything done that you’d like. The crazy thing is we work hard to earn a good salary and make a good life for ourselves and our family but often we don’t make time to take care for ourselves financially.
I could be wrong. If you don’t have any outstanding financial to-dos then congrats to you and please let me know in the comments below. But based on everything I’ve observed in my adult life, most of us have outstanding things we need to tackle when it comes to our finances. Like what?
- Paying Off Debt
- Creating a Retirement Plan
- Building an Emergency Fund
- Creating an Estate Plan
- Buying Life Insurance
- Rolling Over a 401k
- Opening an IRA
- Finding a New Job
- Creating a Budget
- Tax Planning
- Rebalancing Investments
- Saving Up For a Big Expense
It’s a long list that I bet you could add something to. My point isn’t to make you feel bad about your outstanding items; in fact, my goal is to help you get them done. Let me explain with a quick story.
My Late Night Struggle
I don’t remember exactly which night it was but I had a long day at work, dealt with a sick kid when I got home, and then had a conference call until almost midnight. As I sat down to work on my “master plan” for this site I felt frustrated and discouraged. I was tired and spent, I didn’t have the time or energy to tackle this big task. However, I knew I’d be equally exhausted the following night and the night after that. So I told myself to suck it up and just get one thing done that evening.
Then I realized that you probably go through something similar. In your case it’s probably not your website you’re worried about but some aspect of your finances. You work a long day and have all sorts of responsibilities once you get home. At the end of the night the last thing you feel like doing is working on your finances.
Why are these things so daunting? Maybe you don’t know where to start. You might not understand all the details. You don’t want to make the “wrong” decision. There are lots of barriers, mental and tactical, that get in your way.
It Doesn’t Have to Be So Overwhelming
As I sat there thinking about how I should just get one thing done I realized that the same thing applies to your nagging financial worries. You don’t have to be overwhelmed by these big tasks that you’re facing. You can work on them a little bit regularly and get them taken care of in time.
You see my professional background is in software development and project management – I spend every day taking big problems and breaking them into little, manageable pieces. So finally a little light bulb went off and I realized that I can use those same methods and apply them to your financial projects.
What I Built For You
If you read yesterday about how I failed you in 2011 then you’ll remember that this year I commited to creating something awesome. What I’ve built is a system that takes a financial project and breaks it down into tiny actionable pieces. It gives you the information and tools you need to complete each action and lets you track your progress as you complete them a little bit at a time.
I’m excited about rolling it out because the beginning of the year is a time when we traditionally make our goals and start working towards things that we want to get done. I’m in the middle of putting the finishing touches on this tool and I’m asking you to share your biggest financial goal for 2012. Whichever one is the most popular is the goal that I’ll build into the first release of the new system. So far there’s one goal that’s beating all the others, we’ll see if it holds it’s top spot – Click hereto vote for your goal..
All posts by Ben Edwards