First Steps

It’s the first of the year and many people (me included) will be using today as a springboard to initiate new projects and start down a path toward the completion of new goals (and maybe kickstart a few old goals while we’re at it).

The important thing is to take those first steps

Know that you’ll stumble along the way, perhaps even have to double-back and retrace a few steps when you lose your way and stray from the path, but you’ll always be better off having started the journey with that first step.

I frequently think of an early financial lesson I learned about accumulated interest… a person who started saving money 3 years ago and put it into an account delivering even minimal interest will always be ahead of the person who starts saving tomorrow.

The same goes for making progress toward your goals. Want to write a book? Begin by writing just a paragraph today, and you’ll always be a paragraph ahead of the guy who starts tomorrow.

Accumulated interest isn’t just about taking your first steps toward financial success, the concept can also be applied to taking those vitally important first steps toward every success.