The Yankees won their 27th World Series on Wednesday night, and I couldn’t be happier. Looking back, this was a long season, and I was more invested in the team this year than any other I can remember. Instead of 24 hour days, I was watching/reading/daydreaming baseball for 4 hours, leaving me with just 20 hours a day to eat, sleep, work, etc. It was exhausting.
Back in 2000, the last year the Yankees won the World Series, I could only watch the nationally televised games. MLB.TV didn’t come out until August 26, 2002, so my exposure was limited to pitch-by-pitch coverage online and articles, most of which were in the newspapers. Now, I’m constantly surrounded by Yankee news, so I feel like I am part of the team.
What does this all have to do with personal finance?
Over this past winter, when the Yankees signed A.J. Burnett, C.C. Sabathia, and Mark Teixeira, they set out on a goal to win the World Series. The entire year, there was this one goal in mind, and they never let it out of their sights.
Much like the Yankees, we set goals for ourselves, and if we are diligent, constantly remember what is at stake. Still, when the dust settles after achieving one of our goals, should we sit back and relax?
Like the Yankees, we should not. I have already read articles about Joe Girardi changing his number to 28, indicating that their goal next year will remain exactly the same.
So when we finish funding our emergency fund, it’s not time to spray champagne all over the room with our Goggles on, it’s time to sit down, set another goal, and make a plan about ways to achieve it.