I like to make references between having good finances and having good health because there are characteristics that are similar and strategies for having good health can also be applied to having good finances. I’ve had major health issues recently and I’m making a change for the better by eating better, knowing what I’m eating, how much I’m eating, and exercising. I lived a lifestyle that wasn’t good for my body and I tried to make some changes here and there, but they all didn’t work out. I realized you can’t just put a small band-aid over this, you have to do a full 180 degree lifestyle change for it to really become your new foundation.
This is the same for your financials. If you have not-so-good financial habits, you’re bound to end up with not-so-good financials. And you can’t have a band-aid fix for things because like any band-aid I’ve used, they eventually come off. Get a hold of your financials, take control, and make the necessary changes.
Make The Decision
When you make the decision to become healthy, your mind is set to it. Maybe you’ve become fed up with your lifestyle and you need a change. Same goes for your financials. If you’re fed up with your current state, make the decision to do something about it.
Making the decision to make a change is great until you realize how hard it is. Commit yourself! Without this, you’re not going to see any results or the results you do see will wash away. Set your goals and plans as realistic as possible. If one of your goals is to reduce debt then commit to it. Don’t do it for a short period. You have to be committed until the goal is reached!
Consistency is one of my favorite words now. You need to be consistent. Don’t practice good finances for a month and go back to your old ways. This is what I call just putting a band-aid over a bigger issue. If one of your goals is to pay off your credit card by paying an extra $300 towards it every month, then stick to it. Consistently add the extra $300 and you’ll be on your way to completing your goal. If you fall off the path, not an issue. We’ve all been there. Just get back on the horse and continue where you left off.
Don’t Look Back
You made the decision to get control of your finances. Now what? Whether you’ve decided to pay off your credit cards, student loans, or other debts, keep up with your goals. Don’t look back at your old ways. If you were an impulse buyer try avoiding putting yourself in a tempting position. Find ways to reduce your spending and increase your income. Learn how to shop that benefits your finances. Find ways to bring additional money in such as uploading your receipts. Find ways to increase your income by creating multiple incomes sources. Whatever you do, don’t look back and say how good it was before. You’re making a change for the better to position yourself financially for the future. Continue on your focus and don’t look back.
If you’re looking to get a hold of your financials, a major change has to happen. That change is YOU! It is a lifestyle change that you have to adopt for the long run and be able to change your financial mindset. As I mentioned before, consistency is my new word these days. This lifestyle change requires consistency. If you want to make an impact on your financials, make the lifestyle change. This is just one small step towards your financial independence. If you are interested in following my journey, email subscribe to get alerts of latest posts or follow me on Facebook.