Monday Hits: Why You Fail at 30 Day Challenges

The Number 1 Reason People Fail at 30 Day Challenges

When you’re doing a 30-day challenge, honoring your commitment has to be one of the most important parts of your life. If you keep stringing yourself along with failure after failure, you’re hurting your future self.

When people succeed with a 30-day challenge, the success happened mentally and emotionally before Day 1 even started. There’s usually clear evidence that a real commitment has been made. It’s the difference between telling a friend “let’s get together sometime” versus agreeing to meet at a specific time and place and being absolutely certain that you’re going to show up.

Think of it like a legal contract. You want the details of the agreement with yourself to match the overall intention. A contract that merely says “let’s agree to do some stuff this month” is likely to go nowhere. Same goes for a B.S. declaration like “work on my social skills” or “improve my productivity.” If your intention is so vague that I can’t accurately predict what you’ll be doing each day, you probably won’t make it past the first week.

Write down your 30-day commitment before you begin. Then rate it on a 1-10 scale, where a 1 is super vague like “improve my finances,” and a 10 is clear language suitable for a legal contract. In my experience, most people won’t score higher than a 3 with this rating. They’ve set themselves up to flake in advance, just the way any flake would: Let’s get together sometime. Sure, let’s do that.

How to Change Careers at 50

The idea of changing your career at fifty can be fraught with fears. What if you can’t land the position you’re hoping for? What if you end up competing with 25-year-olds, and never getting noticed? What if HR never passes your resume onto hiring managers?

There are many people who find great fulfillment in changing jobs or industries. According to a survey of former executives and journalists, 60% said their sense of self-worth increased after making the switch.

But some level of fear is justified. The closer you are to retirement, the more caution you should exercise when approaching big job changes.

The key is: making a career pivot in your 50s or 60s doesn’t need to be done in one fell swoop. You can and should approach the transition with baby steps rather than leaps. We outline the tangible steps you can take to set yourself up for optimal success without quitting your day-job yet.

Before you hand in your two-week notice, try our more even-tempered approach first.

Jobless Claims and Recessions

“Oh sure, we all know during a recession job numbers meltdown like radioactive lava through concrete (apologies, have the “Chernobyl” finale on my mind) but the actual timing of jobless claims and recessions is something I’d never looked at.

Until now.

The good news is that April 2019 set a new low for this expansion, averaging 206,813 per week over the month. This slightly edged out September 2018 with an average of 211,900 to set a new minimum. Therefore, according to history, the EARLIEST we might see a recession officially begin would be November, 2019, with an average date (if indeed April was truly the low) of January.

The bad news is that May already edged about 7% off of these lows, so we are roughly 37% of the way to the normal level whereby unemployment increased enough to be consistent with a recession.”