Do you ever hear yourself say, “We can’t afford it.” Or “How should I know what happened to all the money!” or how about this harsh comment, “If you were contributing to the family instead of spending all our money we might actually be getting somewhere!”
If you ‘think’ you are doing fine, but do not know in a dollar amount just how you’re really doing, then keep reading…
If you want to understand why you’re having issues keeping money, then you have to understand your money blue print. Are you typically poor with numbers? Had a hard time with math? Don’t care to learn how to balance a check book? Have a spouse you can depend on? These thoughts are really excuses and will keep you locked in your bad habits until you unlock your thoughts and bring them into a state of mind that says I CAN learn how to do this if I put my mind to it.
Are you waiting for your spouse to be on board with limiting family spending? Let me say this loud and clear…DON’T WAIT! It took my husband 25 years to agree with me about budgeting and by the time we did agree, we were in debt. If your spouse refuses to be accountable for their spending, then it’s possible they are fearful of the outcome and would rather stay in the dark. You can sit down and figure it out by yourself. OH YES YOU CAN!
If you don’t have receipts to use or a credit card statement to refer to, include your spouse in the calculations by asking how much he/she might spend on gas each month. Its not a time to get them defensive, its a time to work together so no accusations or blame is allowed during this time. Simply, where did we spend this amount, or how much did we spend on that?
Do not make any more excuses! Getting a clear picture of what you spend your money on is the only way you will help yourself and your family out of any financial hardship. At www.liveforeclosurefree.com I give you free expense sheets to help you calculate your expenses under the article Living on Less…
Try a NO-SPENDING WEEK……just to see how much money you actually save in that one week’s time. Add it all up and if you did well, do it again and again for one entire month. Let me know if you try this by leaving a comment.
It is vital that you consider diversifying your savings position. If you are able to save, you will want to consider more than one savings plan such as an IRA or a 401K account. There are many other forms of investing and you can seek the advice of a professional financial planner in your area before making a choice if you feel more comfortable.
This next suggestion might seem preposterous if you feel you don’t have enough money for yourself, but giving money, or time, away to others has taught my family to be less selfish. We see the results of others being fed, having heat, feeling loved or cared about. And we have never, and I mean never, gone without our needs being met, no matter how much money or time we gave to someone else. If you feel giving your money to charity isn’t an option for you right now, you can give your time by volunteering for worthwhile charitable organizations.
Spending may be addictive, but so is saving. You CAN DO IT, and you have to start by not allowing any more excuses. It isn’t easy, but it is well worth every effort you put into it. Don’t allow your brain to tell you don’t need to do this. It isn’t up to your old brain any longer. It’s that old way of thinking that has told you to keep yourself in the dark about your finances. Start today to train your new brain to tell you to get yourself OUT of the dark and into the light.Tailored to any audience, Kellie speaks on successful head and heart connections that develop sustainable relationships and businesses.