Consistency beats motivation

💪 Consistent Consistency

The habits you create early on financially will be the ones that pull you through the ups and downs of your career. They will offload your brain mentally and reduce the decision fatigue you feel at the end of a workday. This is why consistency beats motivation 10 out of 10 times.

🛠️ Building Systems

Just as you’ve built systems in your everyday medical practice, laying the groundwork and foundation of your financial systems is just as important. Some examples of this include setting up automatic payments for your bills or arranging weekly withdrawals to go into a savings account or investment fund. In a way, these automations are like personal assistants that can offload mundane tasks, allowing you to focus on decisions that truly move the big levers in your life.

🏢 You Are the Founder of Your Life

Your life runs like a business. Businesses that are built on strong foundations and consistent systems are the ones that outperform and last. Similarly, you are the founder and CEO of your own life. By being consistent in your actions, you can start to move the needle in the direction you want it to go. Your wealthy life is—and should be—designed by you.

📈 A Deeper Dive Into Consistency

I talked briefly about what consistency looks like in your financial life, but here I will go into more detail. Consistently investing in your stock portfolio will take the guesswork out of deciding when to purchase stocks. It will become a habit, and eventually, you’ll wake up in 20 years with a large nest egg set aside for you and your family.

On the flip side, some of us prefer to have total control of every dollar. No matter how you decide to invest for your future, the common denominator is to be consistent.

A.K, MD