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Finance OS: Long-Term Goals

The Meaningful Money Personal Finance Podcast

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The Advantages of Keeping Your Eyes on the Prize

Don't look at today's rate. Today's inflation rate looks horrendously horrible. So we're more likely to take a short detour if we think we have time to make up the lost ground. Keeping your eyes on the prize, though, can help you sort of blinker out those distractions. This is the one that people worry about. Over a long period of time, you'll experience some nasty drawdowns. But these temporary setbacks can be super scary and they can make you want to quit.

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