If you’ve ever set a goal to improve yourself you understand that in order to see positive results you need to make changes in your life. Continuing to sit on the couch when you want to lose weight won’t work. Spending money at the mall when you want to get out of debt isn’t a plan for success. Doubling your income while sleeping in late every morning only works in the movies.
I know this. I’ve proven over and over again that a written goal, with action steps for change, usually leads toward the positive results I want. But at my first CrossFit workout this idea was taken to an entirely new level.
You may not have heard of CrossFit before. Here’s what the Wikipedia page says about it.
CrossFit routines incorporate high-intensity interval training, olympic weightlifting,plyometrics, powerlifting, gymnastics, Girevoy sport, calisthenics, strongman exercises and other exercises.
They left out the part of needing to be insane.
It took me 6 days to recover from my first workout. You probably couldn’t tell from looking at me because I’m so ripped, but I’m actually not in fantastic physical condition right now. I played football through my Sophomore year in high school. I’ve always been fairly athletic. I certainly know how to workout.
My first CrossFit exercise was one of the toughest workouts I’ve ever been through. When it was over I just laid on the floor for 10 minutes. Then I got up, went to my car and laid there for another 30 minutes. It was intense.
And that’s when I realized that just having a goal and even a plan to get better at something isn’t enough.
There are some key elements to CrossFit that I think apply to goal setting and specifically to finances.
- Coaching – Every gym has a coach that runs the place. Their job is to come up with the workout of the day (WOD) and to teach you the proper form for each exercise. They monitor your performance during the workout and push you to give your best. You likely won’t call them your best friend while at the gym, but they give you the tools you need to succeed.
Having a money coach in your life is very similar. They show you the proper tools and processes to succeed. They help you set goals and check-in with you to make sure you’re on track.
- Teamwork – My CrossFit session was a group workout day. This put me in several different workouts with other people working to achieve the same result. First a team of 4 carried a 20 pound ball 800 meters, passing it off every 200 meters. Then we pushed a weighted sled 100 ft. as many times as we could in 5 minutes. After that I was paired with someone else and together we had to accomplish 50 reps of kettle-ball, push-ups, air squats, and burpees. As brutal as it was, I pushed myself harder than I ever would on my own because I didn’t want to let my teammates down.
If you’re married, wealth building is a team sport. You can’t get better with money without being on the same page as your spouse. If you’re single, having an accountability partner will help you to stay focused on your plan.
- Encouragement – What made my CrossFit session unique was the amount of encouragement I received. Everyone was so positive and even though the workout was grueling I was surrounded with people encouraging me to keep going. It motivated me to push harder than I would at a normal gym by myself.
When it comes to personal finance, no one is an expert. There are just some people that have been doing it longer than you have. What you need is a community surrounding you and telling you to keep going. You need people that can encourage you when times are tough and congratulate you when you reach new goals. That’s why we’re building a community of encouragers as part of the class Impact University.
I love setting goals and developing a plan. They both have been proven to be successful. But adding the three elements above adds fuel to the fire to help you reach your financial goals even faster.
Have you ever tried CrossFit? Tell me about your experience in the comments below.