Everyone has them-those incidences, circumstances, or habits that drain them of their finances. They also have the people in their life who just take and take but do not give.
Take Action-Get Your Life Back!
If you are having issues with money it is time for you to stop blaming your outside circumstances. It is time to set boundaries between you and your money and those items which drain your pockets dry. Characteristics of Money-Draining Holes
A money-draining hole is usually recognized by its menace-ness. For instance, it could be a lemon vehicle that you have had to fix every day for the last month. It could also be carelessness with glass dishes, or it could be letting too many people borrow your DVDs.
It could also be an item that you cannot seem to do without, such as cigarettes, coffee, or alcohol (the definition "cannot do without" being it is your first priority over food or other necessities). Whatever the case may be, you need to take action.
How to Change your Habits
The over-used saying "Old habits die hard" is so true. It is not easy to say no to people and harmful substances. Moreover, it often can slip your money to turn your automobile lights off or to check your oil,However, taking proper care of your items and being careful who you lend them do is one step to take. The other is to seek help and accountability from those who have conquered bad habits. By the way, if you are one who needs to kick a habit such as smoking in order to save money you may be overwhelmed at the cost of therapy. However, in the long run you probably will save money. Besides, there are discounts for those who have a limited income. You also can find free help from peers in certain situations.
Moreover, saying no to people takes practice. If this is your biggest obstacle to financial freedom then you may need some assertiveness training. Read all the books, watch all the video, and listen to all the audio you can to help you learn what saying "no" sounds like.
Then, join a group of supportive people also learning how to say now. After you have taken assertiveness training then you will be better-equipped at handling guilt trips from a mom, dad, sister, brother, husband, wife, friend, or children, or other loved one.
Take One Day at a Time
Of course, do not be too hard on yourself if you cannot change your entire lifestyle within a few months. The time-tested saying "one day at a time" really does help people to concentrate on making decisions for that day that are healthy.
Do not worry about whether you will be able to do the same tomorrow-just for today concentrate on making the right decisions. Then, when you get up tomorrow concentrate on that day. This doesn't mean you shouldn't make some plans though.
Anticipate all Possibilities
You need a balance between taking one day at a time and being prepared for all possibilities. If you begin to change your habits and begin to be able to set financial boundaries you will have more money set aside for all expenses, plus any emergency that hopefully will not arise.
Purchasing house, car, and health insurance is also a very important aspect of being prepared. If you change your habit you will be surprised how much you would have available for these precautionary expenses. Roadside assistance coverage such as AAA also comes in handy "Just in case.â€
