I’ve always been good at theory.
But terrible at taking action.
For most of my life, I’d fantasize about what I wanted to do and where I wanted to go in life, but most of the time I never followed through. I was born like that. As far back as I can remember, I always had a huge amount of resistance starting any project of significance (and finishing Super Mario doesn’t count.)
Even as a child, I wanted to do my homework but I always pushed it off until last minute and usually didn’t get it done in time. My teachers would tell my parents “he’s a smart kid but he needs to apply himself more.”
And this pushing-off-mentality caused a lot of damage in my life — beyond my calculus marks.
My finances suffered because I lived in the world of “intention” and not “action.” I used to dream about being wealthy — but always spent my money on stupid stuff and never saved. I read lots of budgeting articles. But didn’t do anything with that knowledge.
“An ounce of action is worth a ton of theory.” – Ralph Waldo Emerson
Quotes like Ralph Waldo Emerson’s would swirl around in my head and I’d tear up thinking about the magic of possibility, of my potential, and how great I could become.
But aspirations weren’t enough. I needed action. I knew that, but the resistance pushing against me was powerful. And after years of not taking action, I started to believe that I wouldn’t be able to achieve much with my life — that I was doomed and wouldn’t amount to anything. And my credit card bills verified that for me.
But one day it hit me.
I realized that my daily actions are what shape my future — that if I wanted to know what my financial future holds, I needed to look no further but at my actions. I knew that I had to stop living in the world of intent and needed to start “doing.”
I was finally ready.
It was tough, but eventually, I took action and became responsible with my finances and my life.
The most important ingredient in budgeting is to know that you can take control of your finances, pay off your debt, and become great at something that seems beyond you.
Never give up on yourself. Never. You can change your financial future — all you have to do is take action today.