Challenging yourself to do a Total Money Makeover

Your Finances: An Honest Look

If you find yourself constantly worried and stressed out about money, you’re not alone. The scenarios include living from paycheck-to-paycheck; having mounting credit card debt; and no savings for emergencies. Worries like how to pay the monthly bills; how to send the kids to college; and whether you can afford to even retire are ever-present whenever you make your monthly budget which is a seeming exercise in futility in itself.

Money issues are the top reasons why you and your spouse fight. And most of the time, you end blaming yourself or each other. It’s not a very empowering place to be in. It erodes your self-esteem and makes you question your capability of providing for your family. Most of the time, you will feel that you are not in control of your life.

The enjoyment you once derived from your work— assuming that you actually enjoy what you’re doing—is slowly eroding as you grapple with debt and the harsh reality of not having enough from your paycheck each month. It’s not a fun place to be in. You feel like you’re constantly walking on a tightrope. A major illness of any member of the family or getting that dreaded pink slip and you know there’s nowhere else to go but down.

Thankfully, you don’t have to live like this for the rest of your life. There is a way out. You can achieve financial freedom if you desire it. But you have to work hard at it. It is going to take sacrifice on your end. It will require a lot of belt-tightening and doing away with all the supposed “pleasures” that you enjoy today but pay dearly for in debt. You may even find yourself ridiculed by friends and family members who will question if you’ve already lost your sanity. The payoff, however, is certainly going to be worth it.

But first, you have to admit that you have a problem.

Check out www.adamscapgroup.com for more Information on Money Management Tips.

Other related info you might be interested in: Your Finances: The Reality Check (Part 1) Your Finances: The Reality Check (Part 2) 8 Ways to Getting on Solid Financial Footing: The Cheat Sheet