You would think by now that nothing would surprise me but I’ve got to admit nothing ceases to surprise more than people claiming they’re ‘broke’, often coming to me in tears because they’re in a mess with money yet they refuse to do anything to help themselves get out of the situation they’re in.
Now that might sound harsh but when you consider that I get a handful of calls and/or emails from individuals each month all worrying about their money situation and asking me how they can save money, improve the situation or in worst case scenarios how to talk to their creditors.
To each of these people I stress that I’m not a financial advisor, can’t give them any formal advice but can tell them either what I did when I was in a similar situation or what I would do in their shoes.
Getting yourself into financial strife is the easy bit, getting yourself out of it takes hard work, determination, perseverance and time.
I’ve created Ebooks and tip sheets which all detail steps I took to save money but it seems everyone, almost without exception, expects their money situation to improve WITHOUT making any lifestyle changes! Well, you know what? I think it was Einstein who said “do what you’ve always done and you’ll get what what you’ve always got”. Think about it, if you’re in financial difficulty but refuse to make any changes to your lifestyle you’re never going to get out of financial difficulty. There is NO secret, no magic wand that can be waved, it’s down to you.
No one is forcing you to spend money. You might have squillions of pounds of credit available to you but you don’t have to spend it. You might want the latest fashions, a new car, a luxury holiday but if you can’t afford it you’ll have to either wait until you’ve got enough money for it or you’ll have to downgrade and purchase something you can afford.
My bankruptcy was my fault, I was the person who made the decisions that caused that to happen. No one was forcing me to make those decisions. Likewise, it was down to me to make the relevant changes when I needed to stop spending, start saving, pay my creditors and rebuild my life. It was hard work, it took time, effort and plenty of tears. It meant missing out on things for a while, wearing clothes a couple of years old and for a short while being without a car. I had to accept second-hand furniture to furnish my flat, only replacing the furniture as I could afford to, I even accepted and wore second-hand clothes before it was trendy to go to style-swap parties. I dyed my own hair and didn’t see the inside of a hairdressing salon for about 4 years, getting friends to trim my hair or occasionally splashing out on a mobile hairdresser coming to my home.
It was embarrassing and a far cry from what I’d been used to but I had no choice, if I wanted to see a change in my finances I had to make changes to my lifestyle. Yes I had treats but they were monthly instead of weekly. Or I went without.
Changes to your finances WILL NOT HAPPEN if you bury your head in the sand and continue spending like you have done before. You have to make changes to your lifestyle. Believe me, a year or two’s difficulty now will be worth it to change your financial situation for your future.
There’s no time like the present so what are you waiting for?