This is a blog entry to encourage people who are reading this while still mired in debt, feeling that they will never ever be able to be out from under it to just start tackling it!
Slow and steady really does win the race. No change, no large change, happens overnight. It would be more accurate to say that that change should not happen overnight.
If you get a large sum of money dropped into your lap, you will not know how to handle it.
Most likely, and I’m speaking from experience here, you will find ways to fritter it away, because you are not used to having it.
It will take time to change your fiscal habits and attitudes towards money and cash flow.
Once you have done that then you will be in a position to better handle larger sums of money when you do get it.
Paying off Debt is not easy, nor is it quick; but that’s okay, you need the time to learn.
It will take time to unlearn the bad habits that have been taught to us in order to keep us perpetually indebted. Just ask me about my “Trickle-Up Theory of Economics.”
I have said this before and I will say it again: being constantly mired in debt is not normal! This is not something to just throw up your hands and accept.
Find a way, make a plan, devise some (legal and ethical) way to get out of debt!
Clean debt, such as a mortgage is fine. Buying a car is okay too, but constantly buying a new one just to always have a new one? Why?
There are many ways to squeak out a bit of cash from your budget and put that towards your debt. You can do this, you got this.
If you are like I was and awash in debt, please do something about it. If you need an encouraging word or perhaps a bit of advice, message me and I will be happy to help.
For clarification and legal reasons, I am not a financial planner or other financial professional and I do not claim to be one. I am just an average guy who has figured out how to get my debt gone.
A good place to start would be to download the spreadsheets that are in the column to the left and play with your budget.
Once again, for no reason whatsoever, here is your sunrise shot:
As always: Keep your head up, your attitude positive and keep moving forward!