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Money and Patience: How to Keep Going When Financial Progress is Slow

financial progressI recently had a bit of set back in my own journey that caused me to start thinking (read: stressing out) about my perceived lack of financial progress. I’d made some investments in my business, client payments were late and I had to pull from my emergency fund to pay the credit card bill.

To some people, they would read this and say, “Eh, that’s no big deal.” But I’m emotional in these kinds of situations. To me, it was more like “I worked so hard to save that money and now I had to use it. This means it’s going to take me longer to reach my savings goal!”

This started a downward spiral where I felt like I wasn’t clear on what I want out of my finances and some goals seem like they are eons into the future. I felt like a fraud.

Fortunately, I did snap out of this funk and my finances are back on track after my minor setback. Here’s how I did it.

This post is from Amanda Abella, speaker and writer of all things personal finance.

Stop comparing yourself to others.

We all know that comparison is the thief of joy, but boy do we forget that! We especially forget it when it comes to things like financial progress because we associate it with status.

After my minor setback, I found myself comparing myself to a lot of my financial blogging heroes. Instead of doing what I normally do (get inspired), I proceeded to beat myself up because I felt behind in comparison to them.

It’s important to remember that we all have different financial goals. We all also have different journeys and lessons to learn when it comes to money. Not to mention, we all have different circumstances to deal with. Therefore, it’s utterly unfair to compare our journey to someone else’s.

Focus on abundance.

It’s so easy to find yourself in a downward spiral when you feel like you’re not making any financial progress. That’s because we’re conditioned to do this. Our DNA doesn’t help much here either because we’re wired to survive.

As hard as it is, focusing on abundance is a conscious shift you need to make in your mind. You need to believe you’ll be okay and that you can replace the money. It’s not easy to do in the moment, but it makes a huge difference.

After a few days of being in a funk, I decided to create positive affirmations about the financial goals I was trying to reach. I then taped them to white board in my work area. I began looking at them every day and after a couple of days I did start to feel better. A couple of days after that, the money came through and I had two new deals on the table.

When I did this exercise in the past, I was actually able to achieve every financial goal I set out to do, so I expect I’ll have similar results this time around.

Stay in the game.

The more I learn about money, the more I realize it’s all about patience and resilience. By not comparing yourself to others and by finding helpful tools to help you focus on abundance, you can find the resilience you need to make financial progress.

How’s your financial progress? Are you patient with your earnings?

Battle of the Mind Money


My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. Definitely liked getting the reminder not to compare myself to others. The imposter syndrome is so real!!

    Thanks for sharing !

    • For sure! It’s so easy to see people buying up a bunch of stuff and forget that they’re not really wealthy. Take it slow, save, invest, and try not to think about it every waking moment. 😉

  2. A lot of PF seems to be waiting. Waiting, waiting, waiting without much satisfaction. That’s probably the biggest hurdle for people.

    • Ha! Definitely! Especially when you decide to invest in real estate with cash (like we are)! It can be years before making another investment. But, by year 3 and 4, things will really start rolling and the money will come pouring in. You’ve just got to be patient!

  3. Great timing for us. We had a ridiculous amount of major expenses in April – our normal budget nearly doubled. Was feeling discouraged. Feel better now. Thank you. 🙂

    • You’re welcome! You’ll come back from your crazy April. I’m sure of it!!

  4. When you start paying attention to your finances, the progress can feel amazing. Over the first few years of our financial turnaround, we saw our net worth go from negative to positive. We also witnessed our net worth make some amazing leaps in terms of percentage growth, moving from what seemed like a tiny net worth at the start of one year to an amount that was a pretty nice portion of our combined salary at the end of that year, meaning we saw a roughly 300% jump in our net worth.

    • Hi Lisa. Thanks for the comment, and congrats on the net worth progress! Way to stay patient long enough to see the amazing financial results!

  5. Are you still investing in real estate? I just found your site and was looking about the older content and found this post. I just joined BiggerPockets a few days ago and yes there are a lot of people willing to answer questions. I just don’t know how much help the will get me in actually doing a deal. I have time but not as much money. I have some but I am really looking for a mentor to show me the ropes.

    • Hi Rafael – yup. We currently have one rental property and are in the process of flipping another property. You said that you don’t have much money – I’d caution you against getting into real estate. Those that have little cash often get into the most trouble, especially with a big real estate purchase. I invest with cash and truly believe that it’s the best way.

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