Aug 12
24
Winning With Money: Avoiding the Trap of “Too Many Mind”
Over the last couple of months I have been transitioning into a new role with my company after a couple of years in a different role. The transition has intensified over the last couple of weeks as I try to learn what I need to know and at the same time execute on what’s required day to day. It has been overwhelming and exhausting at times.
This process brought to mind a scene from one of my favorite movies, “The Last Samurai” starring Tom Cruise. Watch this clip:
The young Samurai in the clip clearly outlined my problem. At work I was falling into the trap of “too many mind“. Too many new tasks to learn, too many meetings, too many fires to put out. I had to do a reset and make a list of things to do and then I had to prioritize them. Having a list of items, each with an associated priority allowed me to put the right focus and effort to be successful.
The trap of “too many mind” can also affect your ability to win with your money. As you look at your situation you might think that it’s too much to handle. You have to do a budget, you have to save for emergencies. And then what about college and retirement? Do I have the right kind of insurance? Where do you put your energy or focus?
Let me give you some encouragement. You can also break down the task of financial management into many steps. You can then prioritize those steps and focus with great energy on one task at at a time so you can gain traction. Today it might be just simply learn how to do a budget, or finishing your beginners emergency fund. Or perhaps your great focus today and for the next few months is paying down on debt and other things can wait.
Yes, you need to address all of the elements of your financial plan, but you can do it in priority order. Go from “too many mind” to “one mind“. If you have questions and need some guidance, just contact me. There is always help and hope for your finances!
Presione aquí para la versión de este artículo en Español.
