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Have you ever experienced that sensation where your 10-year goal feels so far away? We always think our children will stay kids forever, and then they grow up instantly. TIME FLIES, whether you’re having fun or not! We’re often caught in this time struggle. It’s easier to live in the present and not think too far ahead.

One of the big problems with setting goals, especially financial ones, is that we’re terrible at imagining our future selves. Just remember what you imagined you’d be like as an adult when you were a kid. Perhaps there are some gaps between that dream and your current reality?

When we talk about financial goals, we often talk about long timeframes. Consider retirement, for example. That could be 10, 20, or 30 years for most people. Death, hopefully never, but we think 40 or 50 years away. Most of us can’t even imagine ourselves at that age, let alone plan for it.

We do the same thing with our children. When they are born, we are in awe of them at that current moment. University is the last thing on our minds, and when we look up, they are crossing the stage at graduation.

When we start talking about our distant future selves, it’s easy to rationalise the decision NOT to do anything right now. Our future selves often feel like some other annoying person constantly stealing heaps of fun from our current selves.

And yet, while our future selves may feel like a big old pain in the neck, it’s essential to realise that you WILL one day become FUTURE YOU. So we’ve got to start listening to the demands and needs of that person.

So what’s the solution?

To start with, we need to get clear on our goals. You don’t have to know precisely what University your grade one child is going to and exactly what or how you’re going to pay for it. Don’t fall into the trap that 18 is a long way off, and you can start saving later. It’s not. So you better start saving NOW.

Stop procrastinating speaking about death, getting your will, planning for your retirement, and saving for your child’s education or wedding day. You’re taking loads and loads of stress off future you by just STARTING ASAP.

TIME FLIES, whether you’re having fun or not! Don’t ignore the future. 

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We also hate Spam. Your details will only be used for the purpose of helping you achieve your financial goals.