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Wednesday, December 25, 2019

The ABC's of Financial Peace

The ABC's of Financial Peace
A = Accept (the debt sucks, it's time to change)
B= Budget (my new favorite word)
C= Calculator (it's the only accessory you need in 2020, it should be stuck on you like that Clapper life line thing)
D= Debt. The enemy. Know your debt well and annihilate it
E = Ego. Get over it. You aren't your neighbor or sister or the Jones's next door. Focus on you
F= Failure. Is. Not. An. Option.
G= Greed. Enough said. Don't fall for it.
H= Handle it. If you are waking up in a cold sweat in the middle of the night, start reading up on what to do to handle your debt, make a plan, acknowledge it and handle it.
I = income. You need more. Get the side gig, take the overtime, make your kids pay for their own phones.
J= Justify. if you feel you have to justify the purchase out can't afford it.
K= Kindness. You can't afford to buy wrapping paper for the school soccer team or candles for homeless snails. If you want to be kind, make that big donation when you get to B7. Don't forget them.
L= Lazy. Your budget and finances are a full time job. Commit to it every day. Don't be lazy.
M= Money Management. It's the new algebra or Latin. Learn it. Practice it. Stop being afraid of it.
N= No-one. No one else is in your shoes but you. Nevermind everyone else. Stick to you and your path.
O= Overbudget. A thing of the past.
P= Plan, plan, plan.
Q= Questions, ask. ask. ask.
R= Rigor. Set goals, make a plan, pursue it rigorously. Let nothing stop you. Nothing.
S= Save. the returnable bottles, the change on the floor of the car, the random dollar in the wash, the extra from your little, save, save.
T= Trust. Trust you, trust the steps, trust that you can do this. Especially on the days you think you absolutely cannot.
U= Unavoidable. There are going to be unavoidable obstacles. Prepare. Be ready.
V= Victory. That debt free scream. That is you. You will get there.
W= Why. Because you are tired of being broke. Period.
X= the mark of crossing off a paid-down debt
Z= Zero debt. Zero debt.
Go get it this year. xo

Credit for this post goes to Maria Huntress on the Dave Ramsey Financial Peace for the 40 and Over Crowd group on Facebook

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