Gaining Control When It's Simple(r)
I recently met with a new 22-year-old coaching client. There’s something special about working with young people. They have big dreams, a ton of passion, and the energy to match it. They also have something else many of us more senior people don’t have: simplicity. Many young adults don’t have spouses, kids, houses, or weighty financial entanglements……yet. Instead, they have small bank accounts, a few assets, and a lot of time in front of them.
We, humans, are really good at making our lives progressively more complicated. These young adults will inevitably make their lives more complicated in due time, as well. However, I’m blessed with the opportunity to help some of them gain control of their finances where they stand today. This is a huge win, as it’s always easy to learn a new concept when it’s simple. Simple is good. As we parsed through his very short list of financial considerations, I knew something he doesn’t yet know. This is going to be a really easy process for him. Far easier than for most.
Many people come to me in their 40s, when life is anything but simple. Yes, someone at that stage can absolutely gain control and learn how to handle their finances better…..and I’m so excited for them when they do! Everyone can do it! But it’s trickier. There are more pieces to wrangle, less time to do it, and it’s tougher to gain control. That’s the beautiful part about being young. When you’re young, you have the opportunity to learn this stuff when it’s easy…..so that you can grow into it when life inevitably gets more complicated.
Today’s message is two-fold. First, it’s never too late or too early to gain control. your life is likelier simpler today than it will be in the future. So take control now and grow into your future life! Second, encourage the young people in your life to lean into these topics now, when they are young and life is simple. If they do, their future selves will feverishly thank their younger selves for the generous and sacrificial act.