How Football and Financial Success are Connected...

If you’re not a football fan, forgive the following analogy. I have just recently gotten into football, because I find the process of winning games (and how each team implements the necessary steps differently) fascinating. I have also just made the connection of how winning the Super Bowl and moving from living paycheck-to-paycheck to true prosperity go hand in hand.

Seem like a big leap? Just follow along – you’ll see how the logic works.

At the beginning of every football season, a team’s biggest goal is to win the Super Bowl. Well, how do they do that? They begin with a game plan, which breaks down what is necessary to reach that ultimate objective. The game plan looks something like this:

Win the Super Bowl, by...
Winning the Playoffs, which is achieved from...
Winning enough regular season games, by...
Scoring more points than the opposing team in each individual game in the regular season, which is achieved by...
Scoring some points, by...
Moving the ball downfield, by...
Getting some first downs, by...
Gaining yardage on the field, which is achieved by...
HAVING A PLAYBOOK that you follow which tells you which plays to run at what specific times so you can get the yardage necessary to win.

The Super Bowl is won by following the playbook. The playbook moves a team step by step (yard by yard) down the field towards touchdowns. Touchdowns win games, enough games win Playoffs, Playoffs win Super Bowls.

Now, following that analogy, what is YOUR objective?

To stop struggling and start thriving financially.

A more important question – now that you know your objective, what is your GAME PLAN?

Your game plan for thwarting financial strife should include the following:

1. Developing a realistic understanding of your current financial position.
2. Developing a plan of action that includes a budget, investments, real estate, and financial education.
3. Estimating the amount of equity you have in your home.
4. Reviewing your options for multiple streams of income.
5. Understanding your current debt to income ratio and figuring out how to lessen your expenses.

The next few posts will include some steps that will assist you in organizing your thoughts, plans, and paperwork. Don’t wait another moment to make the decision to create a plan that will save you from the stress of financial mis-management... make the decision to clean up your money act now!

That’s what’s so great about football – it’s all about taking action!