New Thoughts

Am rereading David Bach's Start Late Finish Rich book. I've found his books to contain some of the most useful and practical money management advice out there. Although the 95 percent mortgages are gone, the tax advantaged savings advice still applies.

The book starts out with a bit of a motivational talk focusing quite a lot on how to stop beating yourself up for past financial mistakes. One thing that he said really struck me, that 90 percent of what we think today are the same thoughts we thought yesterday. Each day we think essentially the exact same thoughts as we did the day before and the day before that.

So if thoughts translate into action then if we're thinking the same thoughts every day, we're probably doing the same things every day. Doesn't sound like a prescription for a very exciting life, or even a very interesting one.

Are you thinking the same thoughts each day? Is that what you want? How do you start new thoughts or new thinking?

And by the way, stop beating yourself up for past financial mistakes, that's an already thunk thought! New thinking is all of your options from here on in!