Too often, people become overwhelmed when they are trying to revise their financial situation. They know they need insurance, an emergency fund, to pay off debt, and to create a budget. What they don’t understand is that these things come with time, not all at once. Burdened by all the financial tasks they know they should be accomplishing, they quit before they even start.
I just wanted to give you a few words of encouragement. You don’t have to start everything at once. All you have to do is constantly be learning and focus on it one step at a time. The power of focus should not be underestimated.
For example, we recently focused all our attention to debt reduction. We are almost debt-free (except our mortgage) and will move on to building up our emergency fund after that. I truly believe that by solely focusing on our debt reduction allowed us to push harder towards the goal of being debt-free.
Try creating a written game plan. Give yourself a few steps and due dates. There’s no need to do everything at once. Just make sure you are constantly focused on your goal at hand. My belief is that you’ll get more than you could get done otherwise.
Your thoughts?
! John wrote two articles for the book: "Budgeting for Groceries" and "How Grocery Stores Work."
