It’s May! At last, in New Hampshire, flowers are starting to bloom. The trees are changing colors–light greens and yellows, deep reds, are starting to emerge in the vast forests along the interstate. It’s the time of year to be out in nature, to rejoice in the sunshine and the promise of warmth. It’s also a time when it’s easy to get distracted from your financial goals, to let the warmth and ease of summer melt away the self-discipline and resolve needed to make it through winter. (Figurative winter, we’re talking about. Spring is a time, apparently, when I wax poetic).
In this great big world of ours, we have many options. We could live virtually anywhere. So why don’t we? Why is it that we get trapped in a city we don’t really care for, doing a job that’s not our favorite, fulfilling the expectations that society has for us, but that aren’t our own?
I have a friend who’s lived all over the world. She has lived on four continents in the fifteen years that I’ve known her. And yet even she and her family are debating where to live next, now that she’s tied to a job in Europe when their home was in Asia. Should they stay in Asia? Should they move to Europe? What would be best for her husband’s business? What would be best for their daughter?
During our three year experiment, one of our goals is to get our house ready for sale. To that end, we asked a realtor to visit last month and give her opinion of what needs to be done to make the house ready. It turns out, a lot. But the good news is, we have time to tackle all of these projects slowly, so we’ll be able to do a lot of the work ourselves.
We have officially completed the first quarter of the year! We’re calling this year, which is Year One of our family’s plan to reach location independence, the Year of Good Habits. Each month, I focus on improving or developing one new habit. Sometimes the habits are directly related to personal finance and sometimes they’re related to general self-improvement. At the end of each month, I have been continuing the last month’s habit (or trying to) and adding a new habit in. (But, just for totally transparency, I would not recommend starting so many new habits in one year for the average person. This is more an experiment for the blog. In real life, I try to add in one or two new habits a year).
About three years ago, I was talking to a friend about training for a half marathon. “I would really love to finally run a sub-two (13.1 miles in under 2 hours),” I told him, “like [our other running friends.] But I’m just so slow!” “You have to run your own race,” he told me.
I’m going to spend each month of this year focused on building one new good habit to help our familyachieve our goal of location independence, doubling our net worth, and moving abroad in three short years. This month, I’ll be focused on setting tomorrow’s top three goals.
What does making your bed have to do with your financial health? Good question!
Habits are important. Good habits are small behaviors that seem so trivial, yet they can reap profound benefits in your life. Take this blog, for example. I couldn’t find any time during the day to write, so I told myself I would get up each day a little earlier and write for the first half hour or hour. That behavior, multiplied by many days, has created blog posts and content. Continue reading “A Year of Good Habits: Make Your Bed Every Day!”
One of the books that has had the biggest impact on how I think is Charles Duhigg’s The Power of Habit: Why We Do What We Do In Life and Business. Using emerging findings from the field of neuroscience, Duhigg explains how habits, good and bad, are formed. Continue reading “A Year of Good Habits: Let’s Get Started”