As promised on this week’s broadcast/podcast, I am sharing these great budget tips from @CarrieWilkerson. She is a fellow motivational speaker and author and when I read this, I knew you needed it, even as a reminder, because I did. What I loved about it is she, like me, didn’t sugar coat it. Sometimes we share dessert with you, making what we have to say go do smooth. But every so often we need to give you meat & vegetables to keep you healthy in your life and in your finances. I hope you will read this the way it was intended – with lots of love and support.
You can win in your finances – you will win in your finances! But the decision is yours. You are the author of your own story! Write a best seller!
Some budget tips…
+ If you want to make more, spend less. #truestory
+ If you’re complaining about being broke, spend less.
+ If you’re stressed about minimum payments or juggling dollars, spend less.
+ If you’re mad at yourself or your spouse or fighting about money, spend less.
+ If you’re jealous of other folks because of ______ then spend less.
+ If you want more choices about where to live, what to drive, where the kids go to school, quitting your job or having some options… SPEND LESS.
This is where it STARTS. YES – you can make more with your business. YES – you can still work to change your circumstance- but first SPEND LESS.
Evaluate EVERY expense. Is is NECESSARY or just something you ‘deserve’?
What if you did ‘without it’ for a few weeks/months? Would it change your quality of life?
Print out 3-6 months of credit card and debit card statements.
+ Highlight EVERY recurring charge.
+ Highlight EVERY disposable thing.
+ Highlight EVERY spontaneous purchase.
+ Highlight EVERY expense for something you don’t wear/play with/use/cook with/read or watch anymore.
+ Highlight EVERY unlicensed therapy expense (meaning you were self medicating with food/shopping/movies/girl time/drinks/etc.
Then… (here’s the hard part) – STOP THOSE THINGS.
Also – evaluate insurance, credit card rates, cable plans (unplug it), phone plans (downgrade) and new clothes (seriously. stop)
When I’m getting ahold of my sloppy financial habits again (this is a process, you know I’ve paid off boatloads of debt MORE THAN ONCE #slowlearner) —-
I ALSO DO THESE THINGS….
I UNSUBSCRIBE from email ‘sales and newsletters’ – can’t buy what I don’t see!
I THROW AWAY catalogs that come in the mail – they don’t even come INTO THE HOUSE. Do NOT fool yourself ‘I’m just getting ideas, I’m making a wishlist, I’m just planning for when I can afford it.’ – NO NO NO NO – THROW IT AWAY. It will still be available for purchase when you can afford it. THERE WILL BE ANOTHER SALE.
I do NOT click on Facebook ads (those things follow you around and wear you down until you cannot help but buy. STOP IT)!
I do NOT attend home parties or demonstrations or trade shows or craft fairs or open houses or garage sales or ANYTHING WITH THE CHANCE TO BUY. Not when I’m reining it in. NOPE.
I TAKE THE APPS off my phone… Amazon, Starbucks, Instacart, ZigZag, Macys – ALL OF IT — OFF THE PHONE. Y’all – they have us figured out… if we can purchase with a click and without a brain, they WANT THAT. STOP THAT MESS. TAKE OFF THE APPS.
During commercials on TV I pick a project. I might tidy the sink or move a load from washer to dryer or go outside with the dogs – I AVOID MARKETING MESSAGES. YES – this is extreme. So is debt. So is financial stress. So is bankruptcy. So is NOT PAYING YOUR BILLS.
I SHOP in my CLOSET. IF I see an outfit I like on someone else or on FB — I go into my closet and drawers and put together something similar. Or do without.
I grocery shop ONCE a week and plan meals ahead of time to avoid mealtime meltdown and drive through overspends.
I use cash instead of cards.
I think in terms of effort… “how many xx do I have to sell or hours do I have to work to pay for this delivery pizza instead of doing a frozen pizza?”
YES DELIVERY TASTES BETTER… but debt free tastes BEST. #TrustMe
Don’t be a victim to marketing messages, bad habits, lack of will power and deserve levels.
Think of what you what MOST (financial stress-lessness and freedom) instead of what you want NOW (cute shoes or a top).
Think of WHY you’re so quick to spend and what you are self-medicating about or delaying…
You can do this.
I do a spending freeze at least once a year. It’s not fun but it keeps me in check.
This is a TOUGH time of year to do it – but HONESTLY… the MOST EFFECTIVE time of year! If you wait until JANUARY… how many more THOUSANDS OF DOLLARS will you have overspent??
Change your habits. Change your life. #DareYa
#1 — SPEND LESS
#2 — BE AWARE
#3 — BLINDERS ON!
Have a blessed day and please share this great information with your friends and followers!
Look out for Debbi’s new book, “50 Shades of Money”, in a few months. Until then, check out her best selling , award winning book “The ABC’s of Personal Finance” on her website, http://www.debbiking.com or anywhere books are sold!