Why the Game of Money is like Baseball
Updated: Jun 14, 2021
As a financial coach I see a lot similarities in money planning and baseball. For starters they both require the time and dedication for building a program that will produce the results you want and need to succeed. See if you see any of the similarities I do.
In the game of baseball
You need a good coaching staff
You need to understand the rules of the game
You need to prepare for each and every game
You need good defensive strategies so you can protect your home plate
You need good offensive strategies so you can get on base and score consistently
You need to know the game score at all times and how many runs you need
You need to make adjustments to your plan throughout the game
In the game of money
You need a good advisor & financial coach
You need to follow a set of financial rules for success
You need to prepare for the game by assessing your situation and setting goals
You need good defensive strategies in place so you can protect money
You need good offensive strategies in place so you can save & grow consistently
You need to know the game score at all times and measure your progress
You need to make adjustments to your plan throughout your lifetime
If you're thinking to yourself, Wow! I guess I’m really not playing the game of money like a professional would, don’t worry many us aren't, but with coaching and the right game plan you can improve your game stats almost immediately and be on your way to a winning season!
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