Choose consistency as a wealth building strategy

We’re all familiar with the idea that consistent effort pays off in the long term. Think of consistency as a habit. The more you do it, the easier it becomes.

Likewise, the more consistent you are with your wealth-building process, the easier it becomes over time to keep things up and maintain your discipline.

You’re also familiar with the idea that when your life becomes easy, it becomes routine, and when your life is routine, you become complacent. When you continually try new things, it keeps both of these from happening.

You are constantly pushing yourself to do something different. So what does this mean for wealth building? Consistency is the difference between what you want, and what you get. It’s the difference between a goal and your reality.

The more consistent you are with your wealth-building process, the easier it becomes over time to maintain things up and not become complacent. You’re constantly pushing yourself to try new things that can help make what you want more achievable.

You shouldn’t expect that you start investing today and that tomorrow you’re a millionaire.

There are plenty of stories about people who have turned a small amount of capital into millions within a few years. But these people are rare. Just like anything, consistency is key, and when it comes to investing, the earlier in your life you can start, the better. I would agree with the message that investing is not a quick or easy process, and an early start will help to get the ball rolling.

I know what you're thinking. You don't have the money to invest, or you have a debt to pay off, or that money is going toward your child's future.

But I'm telling you that consistency is key, just like anything else, you shouldn't expect that you start investing today and that tomorrow you're a millionaire. It takes work and it takes consistency for your account to grow.

It also doesn't hurt if you get some help from some natural forces like compounding interest

Surely, Investing is the best way to be sure that you are on track toward your goals. It may seem like a lot of work, but it is more work to not have your money working for you.

There are many ways to invest, and there is no one-size-fits-all approach that will guarantee success. So save up for an investment day so when it does come, you'll be ready for it.