Habits and Financial Literacy – dispelling the myth

Kimberly Pringle – Associate Financial Advisor & Law of Success Mastermind Coach

We have all heard this “Successful People are successful because of their good habits.” This is not a news flash. We hear it all the time

Everyone tells you that good Habits lead to peace of mind, health and financial security. You are where you are because of your established good habits and thoughts and deeds.

Well guess what – You are most likely where you are in life because of your bad habits.

Financial education might have some positive effects on financial outcomes, but they are modest at best. People are simply not very good at exercising self-restraint. For example why do so many of us eat fast food breakfast in our cars on the way to work or go out for lunch? Lack of self-discipline. Going to bed late, not getting up early enough to make a lunch – grabbing coffee on the go. Habits.

As an Associate Financial Advisor & Coach my experience working with clients is that people need to address their bad habits.

Your bad habits maybe getting in the way of you success.

Financial literacy education alone is not going to save you – you have to change your habits.

As many of you know I am an Associate Financial Advisor with the Co Operators Insurance here in Ottawa. I am also a Coach & have developed a successful 6 week coaching series for woman called “Ottawa Woman’s Mastermind” . In this 6 week self-discovery journey that asks the question ‘What do you want’ we look at the things that are getting in peoples way of their success. This course provides a different way of looking at things. Success means different things to different person – but everyone who takes this journey recognizes that having financial security is key.

Knowing the path to your personal success is different than walking that path. Walking the talk is hard.