Is Fitness as hard as Finance?
Having just completed the barefoot investors book, ‘The Only Money Guide You’ll Ever Need’ I was reflecting on what Scott Pape talked about. Most of which made sense, most of which we have heard before, but most of us never actually apply it and I thought the same could be said for the fitness industry, hence the title.
Often when I am speaking to corporate groups I say, ‘You don’t go to bed obese and wake up buffed or in the barefoot investors case, ‘You don’t go to bed broke and wake up a millionaire’. There is a process, there is a formula, there is a level of commitment required too be financially free, buffed or both, yet the majority of Australian’s are neither. Why is this so?
If I was to analyse the basic principles, I would simply look at the IN’S vs. the OUT’S. In the case of fitness, calories in vs. calories out, in the case of finance, money in vs. money out. Sounds easy doesn’t it, however Australia has the highest rate of household debt in the world and chronic disease (most of which are lifestyle diseases) are the leading cause of illness, disability and death in Australia, something just doesn’t add up? Don’t they call Australia the “lucky” country? Sure we would all like a little extra cash in the bank and we would all like too look that little better down the beach, but statistic don’t show we are trending this way.
Are we just impulsive beings, when we see it, we need it, eat it, consume it, want it, buy it…? Or as Scott Pape says, do most people totally over estimate what they can achieve in a year, but totally underestimate what they can do in five years.
So when we think about our finances that extra drink or two could easily add up to $5000.00/year. The same could also be applied to fitness and weight gain as that muffin with your latte or the extra chocolate bar could easily add up to an extra 5kg/year. However, our emotional mindset is that it will not matter, it wont have an immediate impact on my finances or my fitness then before you know it, it does.
In the fitness industry there are plenty of ‘fly by nighters’ and I am sure the same applies in the finance industry. Products and programs all aimed at your emotional aptitude rather than your intellectual intelligence, but at the end of the day it comes down to ‘Personal Health Accountability’ multiplied by time + effort.
Unfortunately there is no secret formula to success; there is no “silver bullet”. There is no such thing as the easy option. If you want it, finance, fitness or a combination of both you will find a way to achieve it using a few ‘stable ingredients’, none of which you can buy;
- Hard work
- Consistency &
So to answer the title, ‘Is Fitness as Hard as Finance’ – it is what you make of it, we all make choices, we all have opportunities.
The real question should be ‘Is Fitness more Important than Finance’, absolutely!