Hidden Nuggets Series #40 – “The plans of the diligent lead surely to plenty, but those of everyone who is hasty, surely to poverty.” – Proverbs. 21:5
It’s been a fun and busy week at Luke1428. On Monday, I shared that we had finally paid off our mortgage early. I followed that up on Wednesday by explaining the four big reasons why we chose that route. Needless to say, there has been a whole bunch of page views this week, more than I expected. I guess this is a hot topic after all.
Of course, those who commented here and on my Facebook page have been excited for us. Believe me, so are we. It’s been a conviction of ours that we have been pushing to complete for over four years.
I couldn’t help but feel that some who shared seemed discouraged. They talked about how long it would take them to pay off their mortgage and that they couldn’t ever imagine reaching that goal. Maybe I’m reading into the comments, which is a really easy thing to do.
If you feel that way, like the end is never going to come, I’d like to say three things:
1. We’ve all felt that emotion.
2. One step at a time.
3. The tortoise always wins.
Stay the Course and Have Success
The Bible verse I’ve chosen to highlight this week comes from Proverbs 21:5. It reads:
“The plans of the diligent lead surely to plenty, but those of everyone who is hasty, surely to poverty.”
The diligent person shows care and focus on their duties. They work carefully, showing persistence and dedication to every task. They stick with the plan despite challenges that are thrown their way.
The verse uses the word “plenty” to describe the outcome of being diligent. I define that as having success…reaching the goal…acquiring more than enough…winning.
In contrast, the hasty rush through tasks. They make rash, spur-of-the-moment decisions based on the direction the wind blows. If they have a plan, it doesn’t have the teeth to withstand testing or opposition.
Notice the outcome of being hasty is poverty. In other words, hastiness leads to failure…falling short…living without…losing.
We didn’t pay off our mortgage early by being hasty. We took slow, methodical steps along the way, each one building on the other. It went something like this:
After all our debt was gone, we bulked up our emergency fund.
When that was fully funded, we began investing more for retirement.
Next in line was working on the kid’s college funds.
Finally, with any extra money we could find from our monthly income sources, we plunked away at the mortgage, little by little.
Those last three steps did happen concurrently but we didn’t begin the next one until the foundation had been set in the step before.
My point is that we didn’t start our financial journey at paying off the mortgage. It also didn’t happen overnight. It was a progression based on a plan where each step provided a foundation for the next one to occur.
Slow and Steady Wins the Race
It may be a long time before your financial dreams will be realized. My challenge today is not to get discouraged and stay the course. Making hasty, rash decisions based on your emotions will not help you reach the destination quicker. More than likely, those will lead to a setback that only prolongs the journey.
One step at a time…slow and steady wins the race. Stay the course.
Questions: How do you keep from becoming discouraged about your financial journey? Have you ever had the urge to take a shortcut to reach a goal? Are you content to progress slowly and stay the course, waiting to meet certain financial goals? Or do you want it all to happen now?
Prior Post: 4 Reasons Why We Paid Off Our Mortgage Early