Put 2021 on the Fast Track With a Financial Fartlek

Put 2021 on the Fast Track With a Financial Fartlek
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Dear Readers: Want to try something different in the new year? How about fartlek training? It’s a pretty funny word for a serious way runners can train for a marathon. Don’t get me wrong; I’m not suggesting we all become long-distance runners. In fact, I tried running for about a year and can say it’s not for me. But the concept of going the distance does resonate with my beliefs about saving and investing.

You may have heard the analogy that investing is a marathon, not a sprint. I certainly agree. But the problem with marathons for a lot of people is that they are tiring and can seem daunting. A sprint is much more invigorating and doable by comparison. That’s where fartlek training comes in.

Carrie Schwab-Pomerantz
Carrie Schwab-Pomerantz
Author
Carrie Schwab-Pomerantz, a certified financial planner, is president of the Charles Schwab Foundation and author of "The Charles Schwab Guide to Finances After Fifty."
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