Month: October 2017

Win The Morning – Net Worth Update: $90K

Win The Morning – Net Worth Update: $90K

Whether you’re a college student struggling to manage your sudden rush of free time, a young professional learning what it actually means to be “busy” for the first time, or a full fledged adult with children and all kinds of responsibilities, there is one habit that can shift your perception of the world and jump start you on the path to long-term success. And that habit is what I define as “winning the morning”.

From this post, I hope to show you:

  1. Why I feel it is so important to start your day off early and right if you want to be a successful person.
  2. How to create a morning routine that will ensure you are going to have an awesome day, not just in the morning, but until the moment you go to sleep.

When you think about it, especially if you’re an employee, the early morning is the only time that you have entirely to yourself. In most cases, no one is scheduling any meetings before 8 A.M. or expecting you to be at work significantly earlier than that. Your roommates may or may not be awake in the early morning, but even if they are, it’s pretty unlikely they’re going to do anything to disturb you before work. It’s one of the last true personal times we have in our modern lives. And that’s why it’s so important that you capitalize on that time you have for yourself each and every morning. I’m a big advocate of creating a morning routine that I can stick to because it is the actions we take in the morning that set the baseline for how the rest of our day will go. After experimenting with different morning routines over the past few years, I have really settled in to one that I feel best sets me up for the day ahead. Check it out below:

  1. The number one most important thing to put yourself on track to win the morning is to wake up early. It just makes logical sense that the earlier you wake up, the more time you have to capitalize on that personal time that can really only be found in the early morning. When I first graduated, I would wake up around 7 or even 7:30 A.M. before rolling out of bed and heading straight to work. I quickly began to realize, however, that while the extra sleep can be nice, it’s much more rewarding to get important things done in the morning. I began waking up at 6:30, then 6:00, and then 5:30. Sometimes I try to wake up even earlier at 5:00 A.M., but I can consistently find myself waking up at 5:30 which usually gives me plenty of time to take care of the things I have incorporated in my routine. My suggestion for you would be to find the earliest time that you can wake up without having the opposite effect of negatively impacting your day due to being overly tired.
  2. Immediately after waking up, I drink my morning cup of coffee. To be even more efficient, I have my coffee maker automatically programmed to begin brewing just before 5:30. Not everyone needs coffee, but I do, and this is one of my favorite rituals of the day.
  3. Once I’ve consumed my daily joe, I go to the gym and exercise. There’s something about breaking a sweat in the early morning that makes you feel like you’re on top of the world. Knowing that most other people are in bed while you are working to make yourself better is a great feeling. Not to mention, working out early in the morning ensures that you can’t skip your workout after a long day of work or an impromptu happy hour with your best friends.
  4. Lastly, after coming back from the gym and before getting ready for the day, I like to learn something new. Whether it’s reading a book I’m interested in, learning how to code, learning Spanish on one of my favorite apps, Duolingo, or reading answers on Quora (another one of my favorite sites), it feels rewarding to spend time on personal development before spending the majority of my day working.

The morning routine may or may not be for you, but it’s the one I’ve found that works for me. If you’re looking to create yourself a morning routine, feel free to copy the above, but most importantly, do what works for you. Maybe you are just naturally better at working out in the evening, but would rather spend much more time reading a book in the morning. The important thing, in my mind, is creating a solid routine and sticking to it. Not only does this allow you to improve yourself in whatever you’re doing in the morning, but it teaches a sort of discipline that you may not have developed before.

What are your thoughts on the above? Do you have your own favorite morning routine that works best for you? Feel free to share below in the comments so others can see if they would enjoy your daily routine.

Net Worth Update: $90K. I’ve learned that upon investing in real estate, your actual net worth is nothing more than a best guess. I still love the figure because it is a tangible figure that allows you to measure how you’ve progressed over a period of time, but here’s an example for why it can be an unreliable one: On Zillow, the “Zestimate” of our first investment property just skyrocketed by $400,000. While I’d like to believe my net worth increased by my share of that increase in the past month, I’m not getting any crazy ideas that that updated figure is accurate. In short, it’s impossible to know the exact value of an asset like an investment property until you sell it in the market. So, anyway, my best guess is that my net worth has increased by a few grand if we hold the value of that property constant. This is due to regular paychecks and saving – I haven’t brought in any side hustle income other than trying to keep expenses low during the work week in which I get a $64/day stipend for traveling. I don’t expect my net worth to increase too significantly over the coming months, other than when I receive my bonus in December, while I invest in an online computer programming course that will give me more long-term flexibility as a person and an employee. I read all the time how investing in yourself while you’re young is one of the best financial moves you can make, so I’m experimenting with this notion with a significant amount of money for the first time and intend to make it payoff significantly.

Posted by CoffeeForTheBuzz in Personal Growth