Are you too comfortable?Nov 24, 2022
In this week's video I ask the question: Are you too comfortable? Yes I get that many of us are feeling fatigued and just want stability and comfort. But is that getting in the way of your financial comfort down the road?
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Hey, and welcome to Mel's Money Musings. So today I wanted to talk about being comfortable, and that's because I ran a live bonus session for the waitlisters for the My Financial Adulting Plan.
And a few of the questions kind of followed a similar theme, and that was, I feel really comfortable where I am now. You know, times have been hard either through separations or business or simply Covid fatigue. And now I just wanna pause and take a rest and feel comfortable, and I don't wanna put that comfortability in jeopardy.
And yes, I'm looking at this looming issue of finances coming up, but I don't really wanna get out of my own way in the short term. Now I just paraphrased all of those things. And some of them weren't quite that black and white.
So my question for you though, as a result is, are you too comfortable?
Because I want to be safe. I wanna have a level of comfort. Don't get me wrong, I'm only human, particularly after the last couple of years. And yet what I see far too often is our lifestyle creep. Or even just our wanting to have a comfortable life now, putting in jeopardy that comfort in our future. And that's not to say that you want to live in sackcloth and ashes and make it as you know, put back in the olden days, they used to put things around their thigh to remind them that life was hard. I'm not talking about any of that. What I am saying is, what are you prepared to suffer for in the short term in order to be comfortable in the long term?
And that question, what am I prepared to suffer for in the short term? That might be a very short window. It might be the next 12 months. It might be the next 18 months, which is what I told, uh, the women last night. You know, you may decide, I want 12 and 18 months of things where you know, I'm gonna be, uh, ejecting myself from the house that I'm in. I might do some house-sitting. I'm really gonna put myself in an uncomfortable situation so that I build that house deposit, so that I have a buffer, so that I start investing. And maybe it means cutting back. Maybe it means finding more income, asking for pay rises, putting myself out there in my business, whatever uncomfortable feels like for you.
But with the end goal that eventually I will be comfortable in the now and I'll be looking after my future self. One of the biggest things that I saw pre Covid that led to our finances having being problematic was apathy. You know, when times are good, it can be really easy to go, you know what, I'm just, I know that tomorrow I could pick this up. This is a problem for future me. And yet, COVID really shook us up and made us realise that we don't know what's around the corner. And yes, I get that some people have fatigue around suffering. They have fatigue around things being hard. They don't love the idea of suffering even for the short term, even for a moment.
And yet my concern for some people is that your comfortableness is getting in the way of you doing those things that you know are right, that you know you should be doing with your finances, to make sure you're not just comfortable today, but you're comfortable in the future.
So my question to you is, what do you need to do before the end of the year to maybe shake that up a little? Or what do you need to do to set yourself up so that next year you really start to shake that up? What are you prepared to suffer for in the short term?
And if those goals aren't sexy enough, if you aren't looking at something long term excited enough about that, then keep your eyes out cause we've got a goals mini course that we've created that is simply designed so that you create, you start to vision and create movement for that life that you are ultimately excited about.
I hope you've enjoyed this musing. I know it's a bit of a different one as always. Is this something you particularly want me to talk about? Make sure you just reply to the email and I'm always happy to take suggestions. Other than that, have a great weekend.