Five-months into quarantine I find myself reaching for motivation. What can I do to make today better or different than yesterday? I live on an adorable cul-de-sac in the heart of Kansas City, we have a cul-de-sac facing both east and west and both circle at the top of a long hill, one longer than the other. This month my neighbor, Jeni, and I cooked up a “running challenge”. We run from one cul-de-sac to the other, where one full lap equals one. Today is day seven; hence, we just finished seven laps in 20 minutes. A week ago we ran five “Laps” in 20 minutes. This is roughly a 30% improvement. If this were an investment we would all be cheering.
I am a big believer that hard work and consistency reaps positive results. This theory shines brightly in our investment approach of growing wealth with high-quality companies that increase their dividends year over year; as well as maintaining wealth with tax-free municipal bonds. RBC’s Women and Wealth Planning Workbook states, “Strategic saving and investing for long-term goals like retirement may seem daunting, yet by taking a systematic approach and following several best practices, your retirement savings can grow strategically over time.”
Growing up I was never at the top of my class; no spelling bee certificates hung from my parent’s refrigerator. Instead, I had a job at age 14, bought my first car, paid my own insurance, and mostly "adulted" from a young age. I am thankful for my work ethic. Daily progress and consistency has served me well, whether that be investing in stocks, becoming addicted to a new workout routine, or pushing myself to improve during these quarantine months. How are you finding motivation in this new world?