As a coach, there is one thing I look for in my clients before I start coaching.
They must believe that what they want is possible.
In order to accomplish any goal, you have to believe it is achievable. Otherwise, you will fail.
My 1st Lesson
I learned this lesson early on in my coaching career. I took on a client for free that was on social security disability. Let’s call her Pam. After the third month of working with Pam, she decided to stop the coaching sessions. She said something like, “This budgeting stuff isn’t for me. It’s for young people who have a life in front of them.”
Pam gave up. She didn’t say it, but I could hear it in her voice. At some point, Pam decided that keeping track of her money wasn’t going to make a difference and that budgeting was impossible for someone in her position.
My 2nd Lesson
The same lesson can apply to families in a good financial position. I had a friend ask if buying a house without a mortgage is even possible.
Yes, it is possible.
If your neighbor is selling their house for $100,000 and you give them a suitcase with $100,000 in cash, I guarantee they will take your money. (Note: I don’t suggest walking around with that much cash. Write a check instead.)
Granted, your goal might be difficult or take a long time to accomplish. But is it possible? You have to believe it is.
You can be financially stable. You can save for retirement. You can keep your life organized.
What Should I Do if I Don’t Believe?
Find someone who has gone through your situation before and succeeded. Whether they are a family member, friend, coworker, neighbor, or celebrity. Just find someone who has done it before. That will prove that it’s possible, and you can do it, too.
Hang in there.
[Luke Skywalker:] I can’t believe it.
[Yoda:] That is why you fail.