Faced with an almost certain loss to the Texas Rangers in this years World Series, the St. Louis Cardinals rallied back from two down in the 9th inning and went on to win the championship.
Twice the Cardinals were just one out away from losing the whole series. Yet, with tenacity, some fortune and a never-quit attitude, they went into the record books to win their 11th world title.
We can certainly learn a few things from this team. I'm not a huge baseball fan, but I do enjoy watching excellence in sports and all other matters of life.
Here's a few things I picked up that we can apply to our finances:
Keep up a good attitude. When things aren't going so well, it's really tough to maintain a good attitude. World Series MVP, David Freese, could have thrown in the towel with two outs and two strikes against him in the bottom of the 9th. Yet, he didn't. When the chips are stacked against you, see it as a challenge over a sentence to fail. Keeping up a good attitude starts with hope. Knowing things can and will get better will help when all else looks doomed.
Don't quit. Twice, the Cardinals were one out away from losing in Game 6. But they didn't quit. Your finances may look like Mt. Everest – just too much to conquer. I have felt that way too. I never thought I would pay off $40k in debt with the little amount of money I was making at the time. But, it happened. I didn't quit. Neither should you.
Keep the end goal in mind. The goal of the Cardinals was to claim the World Series trophy. They didn't lose sight of this. Your goal may be to pay off all your student loans. Or, to save enough money to buy a home. Whatever it may be – big or small – don't lose sight of what it is you want to accomplish. Goals are a powerful thing.
Surround yourself with a good team. The one thing that reverberated among all the players on the Cardinals team was how much they enjoyed playing ball together. They really liked one another. When you have a good team, you can accomplish a lot. Don't overlook this. Get a good support system in place to accomplish your financial goals. Be it a good adviser, accountability partner or friend – surround yourself with supportive and encouraging people. You will need their help.
Enjoy it. In other words, enjoy your journey. I have been prone to disdain my journey sometimes and wish things were different with my finances. But, while finances are important – don't lose sight of your loved ones and others around you. They're the most important and make life worth living.