I have a question for you. Do you feel like you have control over your money, or does it have control over you? Many people don’t even realize that they’re spending way more than they earn. I was also guilty of this, and used my credit cards to supplement my bad money habits. As you guys know from my last few posts, money definitely had its control over me up until recently. Thankfully I was able to make necessary adjustments and flip the script! I believe that my monthly budget has given me the ability to do so. It wasn’t easy, but I am confident that I’ve mastered my budget and I’m certain you can do the same.
Hey loves! Can you believe that I started my debt free journey a little over 6 months ago? I have to say… I’m super proud of myself for sticking to my budget and paying down my debt. It feels great to know that I’m that much closer to achieving financial freedom! Now I won’t sit here and pretend that the last six months or so have been a cake walk. In fact, I can admit that I hit a few bumps in the road. But I’ve come such a long way! I wanted to do something fun and share my June 2019 financial update with you guys…
Money… something that I’m sure every single one of us thinks about at least once on a daily basis. Whether you’re finding new ways to earn it, making new plans to spend it or save it; money is on all of our minds (some more than others of course). What if I told you that your perception about money has a direct effect on how you earn, spend, and save it? If you find yourself living to paycheck to paycheck, unable to save, or find your heart racing at the mere thought of money – you have a scarcity mindset. In order to make a change in your life, you need to shift your mindset to one of wealth or abundance. Further, if you want to improve your finances you have to start by reprogramming your money mindset.
Did you know that roughly 40 percent of Americans have credit card debt? Even further, research shows that American households owe an average of $6,929 to the creditors. What’s even more interesting, is that as a society; we’re earning more but we also owe more! I think it’s safe to say, that when it comes to credit card usage, it can fast become a downward spiral, if you let it. Unfortunately, I am not an exception to this revelation. But instead of hiding under a rock, I’m determined to do something about it and eliminate, or for purposes of this post, slay my credit card debt – once and for all. Are you interested in becoming debt free? Keep reading to learn how you can eliminate your debt in 5 easy steps. Continue Reading