Sports fans are always waiting for next year. In any given season, only four teams out of 122 in the four major U.S. professional sports leagues win their respective championship. 118 teams and their fan bases are left hoping that next year will be different.
Of course we always have hope, right? A few shrewd personnel moves from the front office management can surely turn things around. And maybe, just maybe the manager will finally figure it out next year and make all the right decisions.
Unfortunately, most of the time things don’t get better. The team doesn’t improve. There are injuries. Managers get fired. Free agents go elsewhere.
And once again we are left waiting for next year to get things right.
Many people adopt this same approach with their finances. Instead of addressing their money problems right now they take the “waiting for next year” approach. People who follow this way of thinking typically: