Sprint to Financial Gold Right Out of the Blocks

Cashing in on money goals takes years of practice and commitment

Photo by Stephen Margo on Unsplash

Managing finances can often feel like competing in the Olympics. Both require discipline, strategy and a long-term commitment to achieve success.

Just as athletes train rigorously to win gold medals, non-physical specimens must develop and stick to a financial plan to reach their economic goals.

This takes the same dedication and precision as an Olympic champion. Adopting the mindset and techniques of top athletes is Step 1 to achieving financial excellence.

Erika Giovanetti, a loans expert and reporter for U.S. News, and financial experts at Experian, a global information services company, talked about managing finances like an Olympian and going for the gold.

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If personal finance were an Olympic sport, there are key “events” to master for financial success.

“There’s the personal finance triathlon: budgeting, saving and investing,” Giovanetti said. “If you can master all three, you’ll be able to live comfortably within your means on any reasonable income.”