Why We Choose the Easier Path

Procrastination is a universal human experience. Whether it's starting a fitness regime, saving for retirement, or even just cleaning out the garage, most of us find ourselves putting off tasks that we know will ultimately benefit us. But why do we choose to delay the positive and opt for the easier, less effective approach? Let's delve into some of the psychological and practical reasons behind this common trait and explore strategies to overcome it.

1. Instant Gratification vs Delayed Rewards: I’ve spoken about this before, one of the primary reasons people procrastinate is the allure of instant gratification. When faced with a choice between immediate pleasure and a long-term gain, our brains often gravitate toward the former. For example, spending money on a vacation today might provide immediate happiness, while saving for retirement can seem less appealing because its rewards are distant. To combat this, it's crucial to set short-term milestones and rewards along the way to keep us motivated whilst not forgetting about the long term.

2. Fear of Failure: The fear of failing at a task or not achieving the desired outcome can be paralysing for some. People often procrastinate because they believe that not starting the task is better than attempting it and potentially falling short. As a financial planner, I've seen clients delay seeking financial advice out of fear that their situation is too dire rather than biting the bullet and getting started. To overcome this, it's essential to reframe failure as a learning opportunity rather than a final verdict.

3. Lack of Clarity: Sometimes, the path to a positive outcome is unclear, and people opt for the easier option simply because it's more straightforward. Just as a writer might struggle with a jumbled draft, individuals can become overwhelmed by the lack of structure in their goals. Seeking guidance, can help provide the clarity needed to move forward with confidence.

4. Perceived Lack of Time: One of my pet hates. People often believe they don't have enough time to tackle a significant task. In the realm of finance, this can translate to neglecting savings and investment strategies. The truth is, it's not about finding time but making time. Time management and prioritisation are essential skills that can help us allocate the necessary hours to accomplish important goals.

5. Seductive Power of Distractions: In today's digital age, distractions are everywhere. Social media, streaming services, and endless content bombard us daily, making it easy to procrastinate. Making a conscious effort to realise when your focus is being pulled away and using techniques that help minimise distractions will ensure you get more out of each day. Techniques like time blocking and creating a distraction-free work environment can also be effective in personal life when aiming for positive change.

6. Lack of Accountability: When individuals don't have someone to hold them accountable for their goals, it's easier to procrastinate. Having a financial planner, mentor, coach, or an accountability buddy can make a significant difference in achieving personal goals.

7. Perfectionism: Some people procrastinate because they believe the task must be executed perfectly. This pursuit of perfection can lead to analysis paralysis and, ultimately, inaction. The concept of "good enough" will have a different meaning for different people, however when perfection is an unattainable ideal, “good enough” is better than nil.

The reasons people procrastinate on positive actions are multifaceted and deeply ingrained in human psychology. Awareness of these factors is the first step toward overcoming them. By setting clear goals, breaking them down into manageable steps, and seeking support when needed, we can make strides towards choosing the path that leads to long-term benefits, rather than opting for the easier but less effective route. Transformation can occur when individuals confront their procrastination tendencies and take control of their destinies.

So, don't delay—start today on your path to a brighter financial future and a more productive, fulfilling life.

Don't miss out on any of our content - sign up to our free newsletter here or join us on our socials below!