The holidays are over and the year is finally in full swing again (sigh of relief). But for many of us, after the dinner parties, holiday shopping, travel and family-get-togethers subside, we have a not-so-friendly holiday reminder when our credit card statement shows up… and is rolled over to the next month, then the next. The holidays can certainly add up to additional spending and often that spending is done on credit.
Regardless of your current financial situation, no matter how much debt you have incurred, you don’t have to get that sick feeling when you look at your money. There is a way to get out of debt and create the finances you desire – with joy and ease.
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Here are my top 5 tips for getting out of debt and staying there:
You are the one who can change it
This is a really important first step and one that is often over-looked. A new financial reality is up to YOU. You are the source for creating it. If you are waiting on some event to take place to change things for you, you could be waiting a very long time.
Winning the lotto, gaining an inheritance, marrying a rich person or getting an amazing promotion with a significant increase in pay could happen, but do you really wish to hope for some event to come and change things for you? Or would you like to start changing things now?
When you recognize that you are the source for creating your life, you are empowered to change it. Commit to your life. Commit to taking action. Ask, “What’s it going to take to have the financial situation I desire?” Now choose.
Take an honest look at your finances
How were you with money, growing up? Were you educated about money? Was money talked about? Or was it hidden? Ignored? A topic that was avoided?
If you came from a family that avoided the topic of money, you may find that you have carried that over into adulthood. The problem with this is that ignoring your finances does nothing to change them. If you would like something different, you have to be willing to take a look at where you are today. Not from a place of judging you. Rather from the place of, “Here’s where I am. What’s it going to take to change this?”
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Once you are clear on how much debt you have, work out how much extra you would need to pay each month towards your credit card debt to be out of debt in 12 – 24 months. If you have more than one credit card to pay off, what are the possibilities of consolidating your debt?
Change your perspective on money
How many points of view do you have about money? Your point of view creates your reality. If you desire to have a different reality, be willing to change your points of view. If you have decided that you have to work hard for money, guess what? You will work hard for every dollar that comes in.
What if money could come to you easily? What if you were able to receive money from many places? What points of view about money would you have to lose in order to create that with ease?
To change your points of view about money, use this tool. For every point of view that you notice, say, “Interesting point of view, I have that point of view.” As you say this, you will notice that all of those points of view that you have made, real, true and significant become simply interesting. And when they are simply interesting, you are free to let them go and choose another perspective.
Carry around the amount of cash you think a rich person would carry
How different would you feel about your life if you saw a big wad of cash every time you opened your wallet or purse instead of a lot of blank space and some half-crunched up receipts?
Practice. Carry around the amount of cash that you think a wealthy person would carry. Because I travel a lot, it’s fun for me to have my cash is in different currencies. I also have gold coin worth about $2000 in my purse. It makes me happy to have it there. It makes me feel abundant. What would be fun for you?
Are you waiting for others to acknowledge you so that you finally know what you have to offer is valuable? What if you were the one who recognizes you are valuable, no matter what anyone else thinks?
If you are going to change your money situation, you have to be willing to acknowledge you. When you do not acknowledge you, you diminish you. When you diminish you, you limit your creative abilities. A much easier way to go forward in life is to acknowledge what you have accomplished, to open your eyes to your greatness and not dismiss the things that you have created and changed.
There are three ways you can begin acknowledging you more effectively:
- Acknowledge the value of you
- Acknowledge what is easy for you to do
- Acknowledging what you create
It might be difficult for you to see your value at first. Commit that you will do it anyway; no matter what. Get a notebook and write down what you are grateful for about you – add at least three different things every day.
Don’t let holiday debt or any debt for that matter stop you from creating a change now. Remember, you can change it. Have an honest look at your current situation, be willing to change your perspective on money, start to carry cash around and acknowledge the gift of you. Daily choose these things and a different financial reality is possible.
Simone Milasas is the Founder and Creator of Joy of Business as well as the Worldwide Coordinator of Access Consciousness® which operates in over 170 countries. Simone is the author of the internationally acclaimed book Joy of Business (currently available in 11 languages) and her brand new book, Getting Out of Debt – Joyfully. You can find out more about Simone by visiting her website at gettingoutofdebtjoyfully.com.