For those of you that are unaware, July 1st was the official HUMP DAY for 2014, which means that you only have 6 more months to fulfill your yearly financial goals. This is a good time to reflect on how well you are doing, or to kick yourself in the butt for straying away from your financial path. Personally, I am kicking myself in the butt, for I don’t feel that I have done everything I could to fulfill my goals of becoming debt free. So if you’re in my kicking your own butt club, first and far most….welcome….and here are some suggestions to get yourself back on track.
1. Recommit to your budget. Take the time out to sit down and have a recommitment ceremony with your budget. Always remember, there is no such thing as a cookie cutter budget. Your budget should be tailored for you, and should never feel like you’re on a crash diet. Its easier to stick to a budget that slightly alters your life, and allows small awards to keep you motivated.
2. Reconnect to your debt free mentality again. Adopting your debt free mentality again, will allow you to feel that first passion you had when you were so sick and tired of debt. Find that fire again and start fantasizing about how good its going to feel to be debt free, and having the freedom to concentrate on building wealth.
3. Re-embrace your frugal spirit. Find frugal and invite it back into your life. Tell frugal you’re sorry for the abandonment and come up with an agreement of how the both of you can disintegrate debt together. Quality time with Frugal will give you the opportunity to find ways to save more money, and pay off more bills.
4. Educate yourself. Since I have been on this journey I have learned so much about money, and ways that I can use it to enhance my life. Educate yourself now, so you’ll know how to invest your money once you have reached your financial goals.
5. Forgive yourself. This can be the hardest thing to do, especially when you feel you should be doing so much better. Don’t give up, and try your best to stick to your budget. Remember the important thing is to keep moving forward, and pay down as much debt as you can. Every single penny counts, and its one step closer to living a debt free life.
I hope this is motivation for someone out there who like me, feels like they should be further along than they are now. Snap out of it….we can’t change the past, but we sure can change the future….just start today.
What motivates you to stay on track when you stray from your financial path?