Saving Money vs. Getting in Shape
When it comes to New Year’s resolutions, there are usually two that tend to be extremely common.
1. Lose Weight/Get in shape (FYI, round is a shape)
2. Save more money/payoff debt.
This year, I have resolutions that involve both physical and financial fitness. Even though it is only 18 days into the new year, I can definitely tell you that financial fitness is easier to achieve and here are a couple of reasons why:
1. You can automate the amount of money you pay for your bills and put away for your savings. If you set it up correctly at the beginning of the year, you most likely won’t have to touch it again for several months. With physical fitness, there is no way to “automate” going to the gym every day. You have to physically go there and do work.
2. Saving money doesn’t take time out of your day. If you are a really busy person, you might not have time to spend an hour at the gym everyday, which ultimately makes it almost impossible to achieve your goal. To save more money, you only need to spend 15 minutes setting your stuff up and you are done.
3. Accumulating money allows you to do other things that you have wanted to do (i.e. buy a new car, go on a vacation to Hawaii, etc.). Getting fit may make you feel better about the way you look, but it doesn’t necessarily translate into achieving other things like getting girls (although it definitely doesn’t hurt either).
Now, I am not saying that it is cool to be a fat slob that sits on the couch all day as long as your money is in order, but you need to realize that achieving certain goals are easier than others. Since most young professionals see financial fitness as the single most important issue for them, then it should be comforting to know that it is easier to achieve it than some other popular goals, like getting in shape. Now get your shit together and get your finances in line.
Text posted at 3:49 PM (3 years ago) | Permalink