BDO’s Race Training Exercises – Step 6 of 7 August 5, 2008
Posted by BDO in Race Training.Tags: Debt, beating, race, BDO, finance, manage, excercise
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Create more acceleration in your race to beat debt by using
BDO’s Race Training Exercises
Step 6: Train for long distances
To race well, you must also train up to long distances. With your first race complete, your acceleration will start to increase by applying the winnings from that last race onto the next longer run. Continue to look for ways to increase money received or decrease money spent. The compounded winnings of previous races will be the sustainment you need to go the long distances in beating debt.
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A Kid's Guide to Managing Money (Ready-Set-Grow Series)
Very good analogy, and very true.
I saw it in my own life. The first few “races” and “getting fit” were very hard.
But it gets easier, and fun, the better you get!!
I’ve found that if I train for distances longer than what I’m actually competing in, I do much better in my race. For a 5 miler, I’ll practice running 7.5 miles on a regular basis. This way, I’ll be totally comfortable with the idea of “just” 5 miles!
Paying off debt is like that too. If you pay off just a little bit more now, then you reap great rewards much more quickly!