Exercise your financial muscle

Exercise is a good way to become fit and strong. Being healthy makes you more alert, and more fit, in order to take on the challenge of money making. Building muscle is just like building wealth in that you have to have a goal, have a plan, and take regular action, accounting for your results as you go.

A good exercise plan lets you see your progress developing bit by bit. You have to have a goal and a plan, and check your results periodically to see if it is working. I go to the gym with my written plan of which exercises to do, and how much weight I lifted last time. In this way I can check and improve my progress. It's amazing that I've never seen anybody else in the gym with a written plan. How do they remember all the exercises they are doing? How do they know they are not getting worse instead of better? Even personal trainers recommend using a written exercise plan.

I always want to lift heavy weights immediately, but I have to work up to that little by little. I will get better as time goes on, as long as I keep taking action. The stronger I get the more I can do. Financially, the better I get at handling my finances, the more I can handle in future.

To exercise your financial muscle, think and act on your finances on a regular basis.