So, in this time of Covid when all things are slowing down, it is easy to get focussed on just surviving.
The point of today’s blog entry is to remind you to not stay in “Survival Mode,” and move beyond it to “Thrival Mode!”
We can get stuck in that mode of “I can’t change anything because what I am doing is working and I am paying my bills.”
Yet you are paying your bills with very little left over. That is Survival Mode.
That is doing what you have to just to survive . . . with nothing left over for you, no fun-time money, no savings, nothing.
The problem with that . . . with being stuck in Survival Mode is that you stay in that mode until you wake up one day with all of your debts still there, no savings and you are at the mandatory retirement age. . . . now what are you going to do?
So that is why I say always look at your budget, even in times like this, and have a plan to move beyond Survival Mode into Thrival Mode, where you are able to not just survive but thrive.
As in build your savings, PAY OFF your debts (don’t just pay them down to a “manageable level” GET RID OF THEM!)
To do that you simply look at your lifestyle and figure out a way that would seriously downgrade your lifestyle for a short period of time (a few years to ten years) during which time you would seriously upgrade your cash flow.
With that extra cash flow (a in having money left over at the end of the month) you can then move ahead and thrive. (Pay off debts, build savings, etc).
As always: Keep your head up, your attitude positive and keep moving forward!