The Overlooked Secret To Being An Anomaly
People who make big impact don’t have lives that look like everyone else’s.
I keep having to remind myself that not everyone on Instagram is actually on vacation—because that’s what it looks like.
People who make big impact don’t have habits that look like everyone else’s.
I keep having to remind myself that you are what you eat, read, watch, and do.
Extraordinary is exactly that, out of the ordinary.
If you want to be an anomaly, you need to act like one.
2 Minute Action
Whats something you’re doing that looks average or common?How about purchasing habits, time watching TV, or your investment portfolio?
Take 2 minutes to:
Delete a subscription you don’t actually need.Commit to 1 week of replacing your TV time with action time.Inquire about a Vanguard Roth IRA.These are just examples. I’m just asking you questions and giving examples so you can ask yourself these questions and come up with your own examples next time.
What Your Savings Account Says About Your Productivity
Of the Americans who have savings accounts, the median savings account balance is $5,200. The average, or mean balance is $33,766.49. (Citation)
This means 2 things:
- High savings balance folks are pulling the average wayyy up by having wayyy more savings
- Most Americans have a few grand in the bank.
Think about that. Regardless of what you’re pulling in, the lesson I’m pointing out here isn’t frugal spending, cutting out lattes and avocado toast.
The lesson is about the urgency and impact.
Most people don’t save a lot because retirement feels so far away. They also feel like they will start saving when they have more money coming in. Of course, what usually happens ends up being very different from what actually happens. If income increases, then their lifestyle inflated to consume that new income. The strange thing is that even without putting a lot away, you could really make a big impact over time. Remember that urgency is the reason most people take action, but you’re smarter than that.
1% improvements double every 70 days, not 100.
The key isn’t major windfalls or life events, those rarely, if ever, happen. The key is small, daily, relentless action. Excercise, saving for retirement, building your career, changing the world, whatever. Its all the same method.Try to take it all on at once and you will fail. Adjust to the reality of slow, incremental progress and you will get to the end thinking that it was never that bad.
2 Minute Action:
Do you know how much of your income you’re saving?A good starting rule would be, of your cash-in-hand, take-home income (after taxes):
- 50% goes to Needs (rent, food, most utilities)
- 30% goes to Wants (cable, Netflix, restaurants)
- 20% goes to Savings
Here’s a spreadsheet I created and shared on my VAULT. It helped me get on the right track with my finances and get out of high interest credit card debt. It’ll take you 2 minutes to plug in some numbers and figure out how you’re doing.You can absolutely do this.