Saying Yes to the Right Financial Habits: How To Make Your No's Easier in the World of Finance

Picture Credit: https://www.kingswood-group.com/5-healthy-financial-habits-you-shouldnt-ignore/

I was listening to this podcast called Modern Wisdom with host Chris Williamson and guest Alex Hormozi when the profundity of this one quote hit me:

Your 'no' muscle isn't really a 'no' muscle. It's just a 'yes' muscle for the one thing that matters most - Alex Hormozi

I literally stopped walking, bent over for 1 minute, and thought about the potency of this one quote.

Mind. Blown.

When Alex Hormozi casually mentioned this quote, he was speaking about saying yes to the right business deals and acquisition opportunities. However, if we think further about this statement, how many other areas of our lives can this quote have an impact on (spirituality, finances, relationships, etc.)?

As a personal finance educator, I immediately thought about saying yes to the right financial habits, such as saving, investing, or spending less. For instance, what is the reason that we overspend? It's because we can't resist the opportunity to spend on something we want right now. As humans, we can't delay the purchase and pay the price later, either on a credit card bill or a missed financial goal.

The way all of this is coming together is remarkable. I also watched an early 90s Jim Rohn Seminar (that I will watch again soon), and he said a quote that relates to this as well:

I think that you're much smarter than your current bank balance dictates. I just don't think you have enough reasons.

The application is your reasons for being where you are have overshadowed the reasons for being where you want to be. Therefore, if you create enough compelling reasons for being where you want to be, you will have enough forward momentum to change your state of being. The answers are within you if you ask yourself intently enough.

So what about this 'yes' muscle as it relates to your finances? What are we saying yes to? This is the fun part. We get to say yes to whatever we want! What is the future you're trying to create? What does that look like financially? What are you able to do in that future? Write it down. Yes, you. Write it down.

Here's the second part: Why is that future so compelling to you? Write that down as well.

Why have I asked you to write these things down? Because this is what you're saying 'yes' to! It is so much easier to say yes to something than to say no to something. Saying no potentially invites conflict; as humans, we usually try to proceed through the path of least resistance.

Your yes's are your financial habits, such as saving, investing, and creating value. Whenever you say yes to those habits, you say no to a future you don't want. Those habits should trigger a response in you that you're getting close to your financial future every time you execute them. In contrast, any actions or patterns opposing these financial habits should ring true as contrary to your financial future. They should be evident. You should know that these habits will not work in your financial future. What I propose to you is to get so acquainted with your financial future and the person you would have to be to obtain that financial future that anything that does not align with that is vehemently opposed.

Your 'no' muscle isn't really a 'no' muscle. It's just a 'yes' muscle for the one thing that matters most - Alex Hormozi

In closing, find out exactly what you're trying to create in your financial future and the feelings and reasons related to that financial future. Then, saying no to anything that is not that will become exponentially easier. Talk to you soon.