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I vividly remember the first time I saw Rocky as a kid.  Just a lowly local fighter, Rocky Balboa had to go through so much to get ready for his big fight with the champ Apollo.  After watching the iconic training scenes of him running up the steps of the Philadelphia Museum of Art, punching giant slabs of meat until his hands bled and doing those grueling one handed pushups, I was so pumped to try to be like him.

So the obvious next step for me was to start running up stairs and punch things day and night.  I would be the best boxer this world has ever seen. After 2 or 3 days of this rigorous training, I slowly fell back into my normal routine and completely forgot about becoming the best boxer in the world.

But I didn’t just forget.  I simply lost my initial burst of motivation.  That little spark that got me off of my couch was great for those first few days. But there was no structure or foundation behind it so it quickly fizzled out.

If I seriously wanted to become a real boxer, I would have done found a coach and schedule boxing sessions at a gym regularly throughout the week.  Since a strong training foundation was never built, my initial burst of motivation was destined to fail.

Motivation is Finite

This same phenomena can be found in the world of personal finance.  We’ll watch an intense movie about stock picking or read an inspiring post about someone who paid off massive amounts of debt.  This will get our juices flowing and we’ll just go out there and do some things for a short while. But it will usually fizzle out in the end.

Relying solely on motivation is not the way to get ahead financially.  In fact, I would say that getting motivated and failing over and over will simply get you so depressed about your financial situation that you might just give up on improving.

But it can get better.  And the way it can is by having a framework or system in place that will keep you financially secure without having to constantly draw from your finite well of motivation.

It’s important to realize that this is THE ONLY way to get ahead financially.  Whether you’re looking to build the next billion dollar company, want to increase your investment contributions or just track your finances, you need a system that will make it easy to reach your goal.

And there are so many financial goals out there.  Setting up a budget, saving for retirement or college, starting a successful freelance business, getting a world class education to increase your income.  These are all worthy financial goals that require a systematic approach in order to find success.

Just Get Started

As mentioned before, setting up a systematic method of attack is the best way to achieve your financial goals.  And it’s not even that hard. It just takes a few upfront steps and some experimenting to get your system right.

In fact, setting up systems is much easier than relying on brute force motivation to achieve your financial goals.  It gives you a path to follow and you just plug along day after day.

Here are some basic systems everyone should have for various aspects of their financial life.  These are easy for almost everyone to implement so give them a try if you haven’t already:

Automatic Bill Pay:  We all have the same bills to pay.  Electricity, water, rent/mortgage, tuition, daycare etc.  Keeping all of these bills in order and remembering to pay them off month after month can be a chore.  Having a stack of papers and writing checks and mailing letters is not a difficult task, but it takes up precious time.  You increase your chance of missing a payment this way which can incur fees and possibly ruin your credit.

Instead, take some time out to set up automatic bill pay.  Most companies allow this by entering your checking account info on their website.  If they don’t have that capability, almost all checking accounts have an online bill pay feature which allows you to send a check to any address at no cost.  

Set these up to occur at regular intervals and you will never have to worry about keeping your routine monthly bills in order.

Saving and Investing:  Whether it’s investing for retirement or starting a rainy day fund, most people’s strategy is to just throw whatever they have leftover at the end of the month towards savings.  And considering that more than 75% of Americans are living paycheck to paycheck, this is not going to amount to much.

A much more effective way to save is to have a certain amount of money deducted from your checking account into your investment or savings accounts at regular intervals.  This allows you to grow money at a constant rate and will create a sort of “scarcity mentality” that will not allow you to spend money you don’t have.

This can be done a number of ways.  Almost all employers will automatically deduct 401(k) contributions before your check even hits your account, so that one’s pretty easy.  But if you have your own personal investment or savings account you are in charge of, you can easily set up a direct deposit from your checking account at any interval you choose.

Personally, this systematic approach to saving and investing has had a major impact in my life.  I know myself, and I would never consistently put money into my investment accounts if I had to do it manually.  Automatic investing is so easy to set up and is such a game changer I would recommend it to every single person.

Even if you can only start with $20 per month to contribute to your savings account on a regular basis, I would still recommend it.  It’s better to start somewhere than not begin at all. You can always increase your contributions later.

Tracking your Spending:  Gone are the days of balancing your checkbook to make sure you have the right amount of money in your checking account.  You can do almost everything personal finance related online nowadays, and tracking what you spend is certainly no exception.

Instead, I recommend leveraging the power of technology to set up a system to track your spending.There are so many websites and apps out there that allow you to track what’s coming in and what’s going out.  All you have to basically do is connect your accounts (checking, savings, credit card etc.) to the website and they will usually display your transactions on a nice little dashboard. You can then see exactly where your money is going.

I personally prefer Personal Capital.  You can not only track your spending, income and debt accounts, but it gives you a nice detailed look at your investment accounts as well.  You can see in which sectors you may need to invest more in and if you’re paying too much in fees. It’s pretty much a one stop shop for your finances and they are always improving their product.

Investing in Yourself:  While no one is going to directly pay you to do some yoga, investing in yourself is essential to being financially successful.  Self investment can come in so many forms such as exercise, taking classes, reading and meditation.  You have to find the areas that are important to you and your finances and work on them consistently.

Again, you can use technology to set up systems towards your self improvement.  And it doesn’t take much. You can simply set reminders on your calendar when you want to do some reading or exercise.  Or you can block out a certain time of the day to perform your self improvement tasks.

It’s especially important to set up systems for this.  Self improvement tasks fall under the “Non-Urgent but Important” group of tasks.  This makes it easy to justify taking care of the latest “emergency” before you get to your self investment time.  Don’t fall into this trap that and make investing in yourself a priority by setting up a solid and executable plan of action.

Conclusion

I would argue that not setting up systems for your finances is the true reason people don’t reach their goals.  Most people rely solely on willpower and motivation to try to make their situation better, but that really is a limited resource.  

Setting up systems of action is how giants like Oprah, Steve Jobs and Kobe Bryant became wildly successful.  They found a system that worked for them and kept at it until they got what they want.

The vast majority of Americans are living a paycheck to paycheck life because they don’t know where their money is going and they are not saving or investing enough.  These two huge problems can be solved by setting up systems that make personal finance as easy as a late round Rocky comeback.

Many people have read the popular book How to Win Friends and Influence People by Dale Carnegie.  This book came out way back in the 1930’s but is still read by many today.  This book can teach you how to effectively network and connect with people to form meaningful relationships, in both your personal and business interactions.

It’s one of those books that teach you new things every time you read it.

But this post is not about all that syrupy good stuff.  This post is about the exact opposite. I will share a guide that will make sure you stay unhappy and stuck in your dead end job for a very long time, or even lose your job altogether.

It outlines the steps you need to take to ensure that you can effectively alienate both your family and friends while being scorned by co-workers at the same time.  It’s a rare skill to be able to lose friends AND scare away people, but I’ll show you how it’s done.  (This is all sarcasm by the way. Well most of it)

1.  Be late.  For everything.  It is said that time stops for no one.  It’s time to prove them wrong.  There are many places and people that expect you to be on time.  Your boss and your clients.  Mom and dad.  Your spouse.  Even your kids may expect you to be on time so they’re not stranded in front of school in 20 degree weather.

What gives them the right?  Take your time wherever you go and in whatever you do.  Deadlines and panicked phone calls from your children can wait.  You have more important things to do.  Time is a limited resource, so keep as much of it for yourself as you can.  (Reality: Pick your kids up if needed.  Don’t make your wife wait.  Ever.)

2.  Networking is for dweebs.  Who has time to network when there are so many shows to watch on Netflix?  You love your current job, but not that much, so talking to others in your field and keeping current on your skills should be the last thing on your mind.

Besides, who wants to be one of those guys that’s always shaking hands with people and smiling?  Not this guy.  (Reality:  Yes, you should make sincere and strong relationships with those people in your industry who make more than you or know more than you.)

3.  ALWAYS pass the buck.  Don’t be the “go to” guy in your workplace.  People will be asking you to do all kinds of stuff that you frankly don’t feel like doing.

If a client asks you to do an urgent project, first try to convince them that it’s not really that urgent, and if that doesn’t work, ask them to give the project to what’s his name down the hall.  (Reality: Try to be indispensable to your clients and supervisors.  They’ll greatly appreciate it because they’ll have to do less work.)

4.  Read a lot less.  There is this perception out there that successful people read a lot.  While this may be true, it certainly doesn’t sound like fun.  Reading hundreds of pages of material relevant to your field will take the excitement out of everything else in life.

If you know so much about your area of expertise, where are you going to get the rush of possibly making a bad decision?  Leave the reading to the librarians.  (Reality: Keep current on your field by reading relevant blogs or journals.  You’ll at least know when your field will become obsolete.)

5.  React to EVERYTHING.  All those people you work with and those clients you serve are out to get you.  Whether it’s your bobbleheads, awesome desk chair or even your red Swingline stapler, the world wants to see you pay and take your things.

This is why it is very important to react to every little thing.  And react HARD.  Throw objects, swear loudly, storm out of the room and, ideally, all three at the same time.  Every little sideways glance and convoluted comment that could be about you needs to be addressed.  These people will not stop until you’re out on the street.  (Reality:  People don’t have time to worry about you so don’t go crazy about everything.  They’re too busy worrying about themselves.)

These are my top 5 ways of being an anti-Dale Carnegie.  I’m sure there are many, many other ways I could think of to lead you down the path of the social pariah, but all this typing is hurting my fingers.  If you would like to share your own ways of losing friends and scaring away people, please feel free to share in the comments.