Debts, Habit, And Time


New Year always used to hit home how much money I didn't have...and how much debt that I did have!

In my old 9-5...we always used to get paid a week early in December...which meant that it was always an almighty struggle to get through to January payday.

It's funny...but I probably had a pay rise to the equivalent of about 100% over a period of five years...yet every New Year...I still had the same problem!

My mind always followed my means!

In other words...when I earned more money...I spent more money!

Sound familiar?

It wasn't until I began to save a percentage of every pay rise every year that I realized that I COULD save money if I really wanted to.

And...because I mentally only got 75% of my pay rise each year (the rest was paid into investments as soon as I got paid)...I didn't MISS what I didn't have.

Just over two years worth of saving like that enabled me to take six months off of work just after Connor was born.

Money well spent.

As I've mentioned many times before...we are the product of our habits.

So...if you make sure that SOME money (even if it is only 1%) is taken out of your bank account (whether for savings or to pay off debts)...then you will find that it is MUCH easier to increase this to 2%, 3%, even 10% once you see the effect that it has.

It IS possible to become debt-free...but it takes HABIT and TIME.

Unfortunately...most people have no patience for either...but at least now YOU KNOW that YOU should.

It just comes down to how 'bad' you want to make changes in your life.