Rise Up and Deal with Turbulence!

Get Ready to Face the Unexpected on Your Journey to Financial Freedom

Did you see the recent The Wall Street Journal article, “Women Notch Progress” by Josh Mitchell? It quoted some new, U.S. Census Bureau statistics stating that, “women account for a third of the nation’s lawyers and doctors, a major shift from a generation ago when those professions were occupied almost exclusively by men.”

What does this mean?

It’s another sign that women are rising up and facing the challenges of today’s world to be successful. As I say in, “It’s Rising Time!,” they are dealing with “turbulence,” or the situations you need to deal with in everyday life. For example, when you experience turbulence on an airplane, you have to sit in your seat and depend on others for a successful outcome. But with the situations, or turbulence, you experience in everyday life, you can take action and have some control over the outcome. The question is…

How Do You Deal with Turbulence in Your Life?
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Pilots deal with turbulence immediately. They have no choice as the safety of their passengers and crew are at stake. They use their experience, training and instincts to make good decisions quickly. Most successful investors, entrepreneurs and business people deal with turbulence right away too. They assess the situation and use their knowledge, support structure and financial education to make intelligent decisions… even when the decisions are not easy to make.

However, if you are just starting out on your road to financial freedom, it can be much easier to push your turbulence aside and deal with it later. If this sounds familiar, you are not alone.

A study done by Queendom.com revealed that, “women are slightly more likely to procrastinate on issues related to their health (score of 47 for women, 44 for men on a scale from 0 to 100).” Additionally, the results indicated that, “women also tend to procrastinate more than men because of perfectionism (57 vs. 52) and low tolerance for frustration (58 vs. 54).”

The odds are stacked against us, but let’s face it. There is no way you are going to reach your goals of financial freedom without experiencing turbulence. And when turbulence happens, you must confront it head-on. If not, it will continue to grow into a worse, unresolved problem.

Tips for Tackling Turbulence
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Turbulence can be scary, and the longer you wait to deal with it, the more anxious you can become. Plus, it’s something you need to deal with one your own. Your loved ones can give you support, but don’t rely on them to make decisions for you. According to an article in Science Daily, scientists call this "self-regulatory outsourcing." Basically, this is when you unconsciously rely on someone else to move your goals forward, and this causes you to relax in your own efforts to make decisions.

So you’re a new investor and insecure about all of the decisions you have to make, how do you deal with turbulence? Take a breath and ask yourself these questions that I outline in “It’s Rising Time!”:

• What happened?

• What exactly is the turbulence I’m dealing with?

• What can I do now?

• Who can I call now who knows more about this than I do?

• What information do I need and where can I find it now?

• Considering my options, what action am I going to take now or at the first possible opportunity?

By answering these questions and acting immediately, you’ll start to take control of the situation and stop a problem, and unnecessary worry, from growing.

The article mentioned above in the Wall Street Journal and others show that today’s women are taking matters into their own hands and making things happen. They are dreaming bigger dreams, and that means they are facing bigger challenges and more turbulence.

What about you?
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If you really want to change your life for the better and pursue a life of financial freedom, meet turbulence head on and take action now! You can do it! After all, “It’s Rising Time!

What are you going to do today to move one step closer to your dreams of financial freedom?

For help, check out our free, financial education community here.


Original publish date: December 13, 2012