Ok. tourney players..this is what you have been waiting for. Championship Week is over. You have celebrated by coming together as a team and it’s now time to find out what your seeding is in the tournament.
All of you may feel that you are a #1 seed based on how well you are doing on the job, by the fact you make time to go on an exotic vacation every year, or you are able to buy great birthday and christmas gifts. Honestly some of you are limping into this tournament not performing at your best. And if we don’t come together as a TEAM right now, we will not be in this tournament long. I want us to be there until the end. I am committed to getting you there, if you are committed to working hard every game to get there.
So as far as the seedings..here they are. Where are you in this tournament?
- 1-4 Seed: If you as a couple have a financial plan and you review it with your teammate regularly. You know exactly your net worth is, track your expenses, live within your means and you know what your needs for retirement are. You are the elite in this tournament, but you can be knocked off if you begin to take things for granted and the opponent lightly. As long as we stick with ourplan we will make it to the Finals.
- 5-8 Seed: As a team we have a great game plan, but are inconsistent in the execution of our plan. We need to review and refocus our efforts on our game plan.
- 9-12 Seed: We have the potential to win it all, but the ball hasn’t bounced our way. We have the tools to succeed, but we haven’t created our financial plan for sucess. Now is the time to put it all together. We can win this thing!
- 13-16 Seed: We have no plan and feel we can’t win. We are just feel grateful to be in this tournament. We are the underdog and an early exit is likely. NO WAY! I as your coach am not going to let that happen. If you have the will to win and you believe you can win, anything can happen. I believe in you. Let’s take one practice at a time. One game at a time.
The key to this tournament is to understand the seed we deserve and we know where we should be. By acknowledging the correct seed we can create the proper attack. If we don’t we will surely get bounced from the tournament early. Don’t worry there are a few things we can do to get ready for each game.
- Acknowldege that we have weaknesses as a couple when it comes to finances.
- Determine where those weaknesses are.
- Create a game plan on how we will attack our debt.
Again I say to you..as long as we stick together as a team. WE CAN WIN. Now on the count of three we are going to say “team.’
ONE! TWO! THREE! TEAM! Let’s go out and compete.
Championship Week in my opinion is better than the NCAA tournament because it gives every Division 1 team that has a conference tournament the opportunity to participate in ‘Big Dance’. Your won-loss record of the regular season bears no weight on the opportunity to advance to the NCAA tournament. If you win your tournament you’re in.
Case in point, George Washington holds the distinction of qualifying for the NCAA tournament with the worst record. In 1961, their record was 9-16. The great thing about that is they earned the opportunity to participate because they came together as a team in that moment. When you get a chance to play, anything can happen.
This is what “Marriage Madness” is all about, the opportunity to play and WIN. As we prepare, to participate in the big dance, take this time to forget about your past losses, your lack of participating as a team when it comes to finances, or you lack of skill or knowledge. Start today!!
In preparation do these 3 things before our “Marriage Monday” selection show.
- Take today’s survey (see link) and last Monday’s survey if you haven’t done so. Take Our Survey!
- What’s holding you back from being honest with your partner about finances?
- What’s the first step you can take to start the process toward participating in “Marriage Madness.”
I would appreciate any comments you have about the blog and sign up to be a regular subscriber.
Brandon Davies, a key contributor to the BYU basketball team was suspended for the remainder of the season due to violating the school’s moral code. Upon hearing the news, BYU promptly got blown out in their next game. Since Davies was the 3rd leading scorer and top rebounder on the team, his abscence will more than likely derail the school’s chances @ winning the title. It happens every year, an injury here, a suspension there affects the team’s run at a national title.
Likewise, if either you are your partner isn’t fully committed to competing in Marriage Madness it will derail your opportunity at possibly winning the Marriage Madness title and gaining Financial Freedom. After reading the last few blogs you still aren’t completely focused, what can you do to correct it?
The goal of competing in Marriage Madness is appropriately stated in the book Financially Ever After by Jeff Opdyke. The goal is to help:
- Understand personal finance in the context of family, instead of operating as if you are single.
- Help you realize you face a rash of money issues neither of you contemplated while dating (and if you did contemplate them, you recognize that you were – and likely still are – too intimidated to broach the topic without fear of a money fight);
- Or, you are trying to figure out how to operate financially, how you both use money and how you both communicate with one another about money.
As the coach of BYU will tell his players..I as your coach will tell you, the only chance you have at winning is playing the games and playing to win.
In order to get ready for this MADNESS, we compete during Championship Week. To get an automatic bid, to the “Dance” you have to win your conference tournament. You can prepare to win Marriage Madness with an overview of how to sustain a healthy marriage with sound Financial principles.
I came across this great article from the National Healthy Marriage Resource Center to get our mindset right.
I hope the answers to these questions help you plan for the work ahead.
I know you make think this is a typo, but for the month of March I am declaring it “Marriage Madness.” I am going to incorporate my love for college basketball with my love of relationships/marriage. I love NCAA tournament so much that I usually take the first two days off to watch as many games as possible. It’s a wonderful experience watching the last second shots and the underdog messing up everyone’s tourney bracket (including my own) until ultimately a champion is crowned.
In all seriousness as part of “Marriage Madness” I am going to focus specifically on one topic that can really leave our relationship in a state of madness, our finances. As a relationship coach, I am going to prep my couples as if you were players on my team. I will post one blog about the topic on the today and next week in preparation for Monday March 14th, the week of the tournament. Then I will post specific topics and exercises that will help you as a couple get on track so you can win the ultimate prize, The Best Marriage in the Country.
In order to prep for the tournament,click on the link for our survey. The survey will give you an idea of the topics that you need to discuss as a couple. The survey is not meant to make you uncomfortable, but to open the lines of communication. Answer the series of questions based on a scale of 1-10 with 10 being the best.
<iframe frameborder=”0″ width=”100%” height=”600″ scrolling=”auto” src=”http://polldaddy.com/s/E4105177EEE16420?iframe=1″><a href=”View” _mce_href=”http://polldaddy.com/s/E4105177EEE16420″>View”>http://polldaddy.com/s/E4105177EEE16420″>View Survey</a></iframe>
Team, I look forward to going into battle with you to win the ultimate crown. Financial Freedom in our Marriages.