Have you ever heard the phrase "practice makes perfect"?
If you're like me, you have probably heard that more than once growing up. Whatever it is you were practicing for, people always told you to practice because if you did, you'd eventually become great at whatever it was you were doing.
But is that really true?
What if you practiced using the wrong form? What if there was a major flaw in what you were doing? Would enough practice still make you "perfect"?
Because perfect practice makes perfect. And, when it comes to finances, it couldn't be any more accurate.
I can't tell you how many times I have spoken to someone about their finances who isn't "struggling" on the surface. In fact, I'd imagine that most people reading this are doing pretty good when it comes to their overall finances. You are probably saving money. You are probably investing and generating good returns. You've probably bought some insurance policies over the years to protect your family. You probably pay off debt relatively fast and maintain low balances (if any) on credit cards.
If you look at the finances of most families on the surface, you'd probably come to the conclusion that they're also doing "pretty good." They're not in pain. They're not struggling. They have a roof over their head and food on the table. Why fix something that's not broken?
Like any good coach, a coach will help you look "under the hood" and see things from a different perspective. Everyone that has achieved greatness had at least one coach along the way. Think of anyone who is listed as an "All-Time Great". Michael Jordan had Phil Jackson. Derek Jeter had Joe Torre. Joe Montana and Steve Young had Bill Walsh. Tiger Woods had Hank Haney. Andre Agassi had Brad Gilbert.
Great performers practice perfect because they have a coach that can help them make minor tweaks to get to the next level. They can see things that you may not be able to see because you are living in the moment.
Are you practicing perfect financial behavior? Do you know what your optimal financial position looks like and are you working to reach it? Are you making changes to try and push yourself to see how much you can really save? Are you intentional about your investment and retirement strategy? Are your insurance decisions of the past still appropriate for life today? Have you drafted wills to protect their family? Do you have debt that you should "get around to" refinancing?
Everyone has inefficiencies in their life, but most people are too busy with everything else going on to focus on making the necessary changes to get one step closer to "perfect practice". They're just practicing right now and living in the moment, hoping it all works out in the end.
Do you want to learn what perfect practice looks like? Is it important to you that you operate your finances at optimal?
If so, let's talk and see how much closer we can get you and your family to the next level. I won't promise you that it will be easy, but I'm sure if you asked any world class performer if it was easy for them to get to peak performance, they'd tell you it was one of the most difficult, but rewarding, things they have ever done.