Boring Plus Hard Often Equals Long-Term Exciting

I have a boring and hard plan for the secret financial life you’ve always wanted.21879312_l

Sometimes … no … OFTEN the path to success in any activity is boring and hard, at least in the short term.

It’s boring and hard to find an extra $50 a month to save.

It’s boring and hard to get up an hour earlier to write something to share with the world.

It boring and hard to pass on the food you want to eat, and instead eat what you know you should eat.

I often make the mistake of thinking that if something is not fun and easy for me to do, then I should automatically have someone else do it.

This comes from the idea that the things I’m good at are fun, exciting, and easy for me.

I should focus on those things and outsource the rest.

Here’s the problem

Just because I’m good at something doesn’t mean it will always be easy.

My best work shows up when I’m doing things that are hard

In terms of boring, this is especially true when it comes to money.

Investing correctly IS BORING!

In fact, if the way you’re investing is a source of excitement for you, be careful.

Progress towards your goals is exciting, but the actually process of investing is boring.

Saving an extra $37 a month is boring, seeing your account 10 or 15 years later is exciting.

Learning to find those things that are short-term boring but long-term exciting might be one of the keys to success.

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Carl Richards is a Certified Financial Planner and a columnist for the New York Times, Morningstar magazine and Yahoo Finance. He is author of 2 books, The Behavior Gap & The One-Page Financial Plan. Carl lives with his family in Park City, Utah. You can find his work and sign up for his newsletter (which has an international audience) at

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