I wrote an article for RooMag recently on Navigating the Road to Financial Success. Here’s a snippet:
What would happen if you took a family road trip to an unfamiliar location hundreds of miles away and you left your map or GPS at home? Very likely you’d waste hours driving around trying to figure out which way you were supposed to go and you’d probably never reach your destination unless you stopped and bought a map or kept stopping to ask for directions.
It’s the same with finances: if you don’t really know where you are going in the first place, you’re going to be hard-pressed to ever reach your desired destination.
So many people dream of getting out of debt, saving to pay cash for another vehicle, paying off their house early, or giving more generously to others. Very few people, however, get beyond the dreaming stage. Instead, they drive around and around without a map, wishing they could go somewhere, but never determining where it is they want to go nor how they are going to get there.