You Might Be Struggling Financially Because You’re Running Outdated Software
Progress without process doesn’t work.
I know that and you do too. Have you paid off your debt or established a savings plan, only to find yourself right back where you started a short while later? I lost count of the times I felt like my u-turn had turned into a full 360-degree loop.
Progress is short-lived if it’s not tied to new processes — both internal and external.
If you want to make consistent progress towards your financial goals, you must upgrade your operating systems.
You have two:
Internal — drives your behavior, emotions, and decision-making
- motivation
- self-awareness
- emotional regulation
- ability to deal with stress
- creative problem-solving
External — mechanisms and activities that reinforce positive money habits
- automation
- credit management
- tracking and categorizing spending
- aligning saving and investing with goals
- key metrics such as net worth and cash flow
Most people focus on taking fast action, without tending to their outdated software.
They get results, but those are usually fleeting. And sometimes the failure causes further erosion to their internal and external systems.
Perhaps my story sounds familiar:
- racked up a ton of credit card debt
- worked and saved for months to pay it off
- but a year later I had even more debt than before
- felt defeated and resigned myself to being a financial failure
Sure, I made temporary progress, but I lacked the processes to sustain it. And I didn’t address the outdated beliefs that drove my behaviors in the first place.
Hear this: You can’t transform your financial situation for good by following quick-fix tips and tricks.
Stop trying to patch your way to change. We all put off full system upgrades because they take time. But eventually we do them because we know they are required to improve and maintain performance.
How up-to-date is your software?
