You Are Where You Are
When I’m sitting with someone and begin talking about their finances, one of the first things they reveal is a regret they haven’t done better. This usually comes out as frustration from past mistakes, a track record of unintentionality, a comparison to someone doing better financially, or an acknowledgment that they have some knowledge gaps regarding money. We all carry some combination of this. Money is a deeply personal topic, and most of us have some wounds (or scars).
I always have the same message. We are where we are. None of us are where we wish we were, but we also can’t jump into our Delorian to go back in time for a do-over. While that’s a sad reality, it can also be freeing. If there’s literally nothing we can do about the past, we have the opportunity to put 100% of our focus on the present and future.
I’m waking up in Los Angeles today, on the heels of a talk I gave last night. It’s a gang prevention program for parents and teens, with each night having a different topic. This is the third cohort I’ve worked with in this program, and the focus of my talk is helping families get a better grasp and perspective on their finances. You might be wondering what my ideas and topics have to do with gang prevention, and I wouldn’t blame you. One of the reasons young adults join gangs is the pressure to help their financially struggling family. The objective of my talk is to help families alleviate some of their financial tension (through better stewardship), so their kids don’t feel the financial pressure to go down the gang route.
After my talk, three separate people approached me and voiced their frustration with themselves over past (and current) financial decisions. My response: “You are where you are. Tomorrow is a new day, and I believe you can move the needle in the right direction.” We went on to discuss a few nuances specific to their individual journeys. I wanted them to leave that room with optimism, confidence, and most importantly, grace (to their past selves). They are where they are, but the future is wide open.
Wherever you are, no matter your mistakes, and regardless of what others around you are doing, you got this! Maybe you’re deeply in debt. Maybe you’ve failed to invest in your future. Maybe you’re living in a house/apartment you can barely afford. Maybe you bit off more than you can chew with your choice of vehicle. Maybe you messed up at work and lost your job. You are where you are. There’s no way around that. But today is a special day. Today is the day you have the opportunity to unwind past decisions, reassess where you’re trying to go, and make new decisions. There’s no day like today!