As a mother of 3 I know how much of a balancing act life can be! Being able to focus on one thing at a time is a thing of the past. Today’s hectic world requires multi-tasking at every level. Our time is stretched to the limit with work, family and social life all placing demands on our time.
How do you decide where to allocate your time? And what makes one thing more important than another? It can be very difficult at times and can be a major cause of stress and anxiety in our lives.
This juggling act extends into our financial life as well.
Did you know that over 70% of Americans live paycheck to paycheck?
They have no savings plan or emergency fund. Money gets shifted around the accounts and across the debt – without any sort of positive achievement at all. Debt increases and a mental breakdown becomes imminent as the stress and anxiety of their situation grows. Life becomes so stressful, all the enjoyment seeps out of it.
This juggling act must stop. It’s not just about making small, short term changes. You need to look at your world as a whole; simplify your life and bring back the light and joy. Make the commitment to live a good life while still taking care of every other aspect of your life.
“Sounds good, but how do I do this?” I hear you ask.
Here are 5 steps to make the task more manageable:
- Clearly understand your personal situation – where you are now
- Recognize the issues that are in your life right now
- Identify what is keeping you from reaching your goals
- determine what capabilities you possess to succeed
- develop an action plan for change
If you can answer these 5 steps honestly you will gain the understanding you need to achieve your new life. Gain insight into your current life, compared to the life you would really like to live. This process may scare you but, believe me, accepting the cold hard facts about what is wrong with your current life will eventually lead to a better life.
Only you can take control of your life – and your debts. Envisage the life you dream about and make changes to reach that destination.
Don’t just think about it!
Take action and take control!