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First Steps: Are you Ready for Something New?

Have you ever seen someone doing something that you might enjoy doing, but were afraid to try it?  Who hasn’t?  But what’s stopping us from trying?  Is it the fear of failure?  Is it the fear of the time wasted if we don’t like it? Or is it just the fear of the unknown?

One day last winter, my husband and I were driving along when we passed a friend of ours who was running.  I thought to myself that it looked like fun and decided I wanted to try it.  My family and friends thought I had lost my mind because there were a few factors against me when I made this decision, such as a bad knee and asthma.  To be honest, I was worried about how this newfound obsession would affect me.

So, I started out slowly, running for 30 seconds and walking a minute.  After no time at all, I was able to easily run the 5K route that my husband mapped out.  My knee felt good, my asthma was under control, and I lost weight!  Had I let my fear of the unknown control me, I never would have reaped the benefits.

I never considered myself a runner, until I took that first step.  Maybe you have never thought of yourself as an investor.  Do words like ‘annuity’ or ‘equities’ scare you?  For some people, investing is a big, unknown area.  But not taking the first step to at least explore services beyond checking and savings accounts can limit your financial future.

You may be thinking, “I don’t have money to invest,” but you might be surprised to find out that you don’t need much to start investing.  Many banks have affiliations with companies that employ financial consultants or others you can turn to for help in planning for retirement, your child’s college education, or other goals.  You may find someone who can help to serve as your financial “coach” – someone who can show you the investing options that are available. Then you decide if they are right for you.

Don’t let your fear of the unknown keep you from exploring something new. Like my mom always told me (and I find myself telling my children): You never know unless you try!  So, what will you try today?

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Posted in Banking Basics, Financial Education.

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