**The following guest post is from my good buddy, Jeff! Jeff is a local fireman for our federal government, and talks about how finances and football relate. **
Hey O! Guess what time of year it is my fiscally responsible enthusiasts; it’s FOOTBALL season! The time of the year our family gathers around the television and screams our lungs out! I love this time of year; and now our daughter can join in the emotional torment of a lost fumble, or blown pass interference call. For our family football season is a time for having friends over to savor the sweet smell of bacon wrapped jalapenos, burnt hotdogs and the bubbling cheese concoction in the crock pot, yeah! To say we love our football would be like saying “water is wet”, it’s an undeniable truth.
I was hanging out with one of my buddies last week and he said, “I wonder if people spend as much time on their finances as they do their football”? I mulled over that for a while and had to humbly admit, that I am not nearly as passionate about my finances as I am about my beloved football teams. I don’t wear a “Bill Gates” hoodie that’s never been washed because I’m superstitious, talk to random strangers in the store about compounding interest rates, or cheer whenever I see the DOW go up. I ultimately realized that most people like me need to spend more time getting involved in their financial game. So I decided to build a bridge connecting the two subjects:
- Do your homework – Just like football players study film and coaches study other teams everyone should study finances! I googled the word “Finances”, 15 pages of websites popped up. If you go to any bookstore there is typically a massive selection of financial related books. Listen to others around you. Not all advice is good, but there is no shortage of information.
- Plan – Once you have attained all the financial knowledge you can possibly handle, write down a plan of action. Our family is constantly evaluating our finances and things like where we would like to be in a week, to five years. A plan that works requires a lot of communication both written and oral; think of this as your financial white board with X’s and O’s.
- Execute – This is where the rubber meets the road and dreams become reality. Your chance to execute the “plays” you've discussed with your team (likely your family).
I really want to challenge others to get excited about finances, and get in the financial game! I look forward to hearing how others have learned from financial preparation success, or from a lack thereof resulting in unfruitful endeavors. GO TEAM FINANCE!