Kickstart Your Year: Why New Year's Resolutions Fail and How to Set Real Goals
Jan 6, 2025
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Discover the truth behind why New Year's resolutions often fall flat. It’s not about waiting for a specific date; commitment starts today! Explore insights on 401(k)s versus real estate investing, suggesting the latter may offer better returns. Learn how many who attempt challenges, like 75 Hard, can fall back into old patterns. Plus, find out how you can snag a free hour to dive deeper into personal development, investing, and practical goal-setting strategies.
New Year's resolutions often fail due to a lack of immediate commitment, emphasizing the need to take action on goals now.
Exploring alternatives to 401(k)s, such as real estate investing, can provide better long-term financial returns and security.
Deep dives
Emphasizing Immediate Action Over New Year's Resolutions
Waiting for the start of a new year to set goals may lead to empty promises and eventual failure. Many people set New Year’s resolutions, expecting significant change merely because the calendar has turned, but without genuine commitment, these efforts often fizzle out. The notion that one can postpone action until a specific date undermines the importance of starting goals whenever one feels ready. The belief is reinforced by the observation that many individuals begin initiatives like fitness programs but abandon them shortly after due to a lack of serious intention.
Seeking Genuine Engagement and Knowledge Sharing
Offering free sessions for individuals interested in discussing various topics fosters an environment of shared learning and experience. The host expresses a willingness to engage with listeners, welcoming discussions on real estate, finance, and personal development. This initiative emphasizes the value of learning from others’ journeys and insights while encouraging community involvement and collaboration. By inviting anyone with something to share, the show cultivates a space where diverse perspectives can flourish.
Rethinking 401(k) Contributions and Financial Freedom
The critique of 401(k) plans suggests that contributing to these accounts may not be the best path to financial freedom, particularly for those seeking early retirement. While saving through a 401(k) offers some benefits like compound interest, relying solely on these plans may lead to a constrained financial future filled with uncertainty. Instead, exploring alternative investments, such as real estate, can often yield better returns and actual cash flow during the investment period. Highlighting the urgency of seeking education in investment strategies reinforces the importance of making informed decisions for long-term financial health.
What is the real the significance of setting serious goals and the pitfalls of New Year's resolutions?
I emphasize that if you're not committed to starting your goals today, they are unlikely to stick, regardless of the time of year. As we reflect on the past and look ahead, I also share my thoughts on the concept of retirement savings, particularly 401(k)s, and suggest that there may be better alternatives such as real estate investing.
I offer a free hour for anyone interested in discussing these topics further, hoping to share insights from my journey and experiences. Join me as we explore how to take actionable steps toward achieving your goals and navigating your financial future effectively.
Key Takeaways
New Year's resolutions often fail because people lack the seriousness to start today rather than waiting for a specific date.
Setting goals should not be limited to New Year's; take action on your goals now, regardless of the time of year.
Many people attempt the 75 Hard challenge but often revert back to old habits after completion.
I am offering a free one-hour session for anyone interested in discussing real estate, investing, or personal development.
401(k)s can be seen more as savings vehicles rather than true investment opportunities in the long term.
Investing in real estate with experienced syndicators can often yield better returns than traditional retirement accounts.
Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.
The Do More Podcast
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