Make More Before You Spend More
AFFIRMATIONS
for
Meditation and Reflection
I am focusing on my goal of being debt-free and spending wisely for what I want.
I have changed my focus from spending and consuming to enjoying what I already have.
I am always thinking of new ways to make more money by serving the needs of others.
Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.
—WILL ROGERS
American humorist, actor, and writer
Successful people have mastered the spending game—they are wise about how they part with their money. Successful people pay less for things they want, they live below their means, and they spend as little as possible to accomplish a goal.
Regardless of where you stand financially—even if it looks hopeless—you can turn things around. You can still become debt-free and save more if you persevere and stay the course. Focus and you will start to see miraculous things happening in your life. When you change your focus from consumption and spending to enjoying and being grateful for the things you already have, your progress will increase.
You’ll begin to measure success in debts paid rather than things purchased, and you’ll be able to weigh all of your purchases against your goal to be financially secure and debt-free.
I am focusing on my goal of being debt-free and spending wisely for what I want.
Do you know how much money you spent last year? Here’s a great exercise for self-discovery: Go through every room in the house—every drawer, cabinet, and closet—and take out everything you haven’t used in the past year. Clothing, toys, car accessories, electronics, crafts, kitchen gadgets, doesn’t matter. Put them all in your living room or garage, then add up the price for every single item. Pretty big wake-up call, right?
Overspending wreaks havoc on your financial goals. When you focus on consumption, you go into debt, you don’t save enough, and your plans for accumulating wealth fall behind. One way to curb the overspending habit is to pay cash for everything.
Next, reduce the cost of your lifestyle. You’ll be surprised at how much you can save when you take a conscious look at how you live. Make it a game to get top quality goods and services for next to nothing. Then get creative about saving money.
Here are a few more tips to get you moving in the right direction: Stop borrowing money. Don’t get a home equity loan to pay off your credit cards. Pay off your smallest debts first. Slowly increase your debt payments. Pay off your home mortgage and credit cards early. Now you have a plan!
I have changed my focus from spending and consuming to enjoying what I already have.
Common sense tells you there are only two ways to have more money: spend less or make more. Once you know how much you want to make, you can decide what product, service, or additional value you can deliver to earn that amount.
Here are some ideas:
1) Do consulting outside your regular job: If your employer does not prohibit it, you could begin recruiting clients in your area of expertise who need the unique industry knowledge you have. Write a brochure that details the specific things you can help with and reach out to your LinkedIn network to spread the word.
2) Identify a new profit center for your employer: If you know you could generate more money for your employer by leveraging untapped assets such as a customer list, supplier relationships, or obsolete inventory, you can approach your employer with a plan to get paid separately or even partner with the company—sharing in that new revenue stream.
3) Do part-time tasks for cash: Online portals like Care.com, Taskrabbit.com, and Upwork.com connect freelancers with clients who need personal organizers, project coordinators, and creative types to do single projects or ongoing work at their business or home.
=I am always thinking of new ways to make more money by serving the needs of others.