Sometimes, when I'm telling a story to one of my clients, I'll try to make a point about how we often "stick our heads in the sand" whenever we don't want to face a certain reality. In fact, I usually start out my story with, "You know how an Ostrich sticks its head in the sand, blah, blah, blah."
Most folks get the point of the story of the Ostrich. They know that Ostriches stick their head in the sand when they are being chased by a predator. Or at least they think they know.
Guess what? Ostriches don't stick their heads in the sand when being chased by a predator. They run like hell or just lie close to the ground. This whole head in the sand thing is a myth, and quite frankly, I'm a little disappointed. I like using the analogy of the head in the sand thing to get my point across. In fact, I'm going to use it now.
The first principle of SimpleEconomicsTM is knowing where you are financially. This is sometimes painful. I know I'm broke and if I keep doing what I'm doing I'm going to get nowhere financially, yet I "stick my head in the sand" and pretend that everything's gonna be okay. Can you feel me?
Take out a legal pad and draw a line down the middle of the page. On the left side of the page, write down everything you own. Houses, cars, cash in the bank, stocks, etc. On the right side of the page write down everything you owe. Houses, cars, credit cards, etc. If the right side is bigger than the left side, you aren't doing well financially, and it's time to do something about it.
It's time to pull your head out of the sand and take the first step toward financial freedom. Don't be like the Ostrich - or at least like we thought the Ostrich is like.
By-the-way, it is illegal in Alabama to drive while blindfolded. Really?
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