Archive for June 2014

You Can Do This “Money Thing”!

This post is for the person who needs encouragement in their financial journey right now.

You may have experienced tremendous challenges recently. Perhaps you’ve encountered an unexpected lay-off. Maybe an illness. The car may have broken down and a child fell and broke his arm. Maybe an investment tanked or your small business that once thrived is now on life-support.

Whatever the case, you can do this “money thing”!

In fact, I’ve discovered that financially challenging moments are where I’ve learned new financial skills.

You see, if I had never experienced an empty bank account, I would never have saved money during times of plenty.

If I had never experienced car and credit card debt, I would not have known how important it was to avoid this type of debt in the future.

You can do this!

If I had never experienced a broken down car, I would not know the joy of driving a paid-for brand new one.

If I never had credit card bills beat me home from vacation, I would not know the luxury of paying cash for vacations.

You can do this!

When you are faced with a discouraging financial situation, remain steadfast in employing the financial fundamentals of:

  • Planning your income before you receive it (budgeting)
  • Saving for Known Upcoming Non-Monthly Expenses (so you can avoid budget-crushing expenses)
  • Invest (so you can see compound interest work for you)
  • Give (there is something healing and soothing about giving to others – even when you are struggling financially)

You can do this!