When All the Money is Gone

Discussion in 'Money, Wealth, and Business' started by Tosca, Jan 11, 2015.

  1. Tosca

    Tosca New Member

    How to Get Out of Your Financial Situation

    You’re sitting there with a stack full of bills, the utilities are about to be shut off next week, you’re running out of money for food and you have no idea how long it’s going to take for you to get some more $$$ in. Sound familiar? I’ve been there way too many times to count and if experience has taught me anything, it’s that somehow you will make it through and there will be a solution that you haven’t thought of yet. So don’t stress out!! You will find that things have a way of working themselves out (maybe your Aunt that you didn’t know existed will lend you some money, or maybe you get offered a job out of the blue, etc.). It’s important to keep positive and not let current circumstances stress you out — when you’re stressed you don’t think straight anyway. Take it day by day, keep focused on your goals, then fast forward 2 months from now and you’ll see that everything turned out just fine.

    Now lets focus on digging you out of this financial hole for the long term. Whatever put you in this situation isn’t working, so you need to really re-evaluate your life and think of a different strategy. My Husband and I were spoiled by the great Real Estate market before 2008, where we made a ton of money. When the big crash hit, we were so not prepared and pretty much lost everything. At that point we should have changed our game plan. Instead, we kept our entrepreneurial lifestyle and tried to make Real Estate work. It did to a certain extent, but we could have avoided so many major financial problems had we done things differently. So here are some steps to think about:

    Step 1: Think about how you can change your game plan so that this situation doesn’t happen again. For us it was getting a steady job and doing Real Estate on the side, until Real Estate started producing a reliable income again.

    Step 2: Having the right mindset is key! If you’re only focused on your problems, you’ve already shot yourself in the foot before you’ve started. Instead, focus on what you want. Once you know what you want, the solutions will come to you in their own time. You’ll find that you’ll notice things around you differently (now all of a sudden you’ll see opportunities in places that were never there before). The reason for this is simple. If you’re focused on your problems, the things that you don’t have , the things that you’re afraid of loosing, etc. you’re in a mental state where you aren’t able to see or think of creative, positive solutions. Once you change your mindset, you’ll be amazed at how solutions will come your way, some of which were there staring you right in the face all along. Have confidence in yourself. Know your abilities. Don’t be afraid of change. Don’t be afraid of loosing things. Everything that you have now is because of your awesome abilities. And you can create new, wonderful opportunities with those same abilities. Don’t undervalue yourself. There is no situation that you can’t get out of. Even if everyone is telling you that it is impossible, even if everyone has the same negative mindset. Your winning personality and positive attitude will set you a part from everyone else. And as I said before, don’t stress out about your current circumstances. These things have a way of working themselves out if you focus on the positive. *Don’t let yourself get caught up in problems. In life there will always be problems. You just have to change the way you think about them, so that they no longer affect you. Then you are in control, not your problems…and at that point your mind will be free to focus on the things that are truly important in your life, like your family, friends, and your exciting future.

    Step 3: Now it’s time to get organized. Know when your bills are due and pay them first, no matter how tempting it is to buy other things.

    Step 4: It’s time to get frugal and live within your means. No, you don’t really need those new pair of shoes. Find happiness within yourself, instead of turning to outside instant gratifying things.

    Step 5: Be happy with the process. The right kind of change takes time. Take joy in the small strides that you make daily and know that these small strides will eventually become life long good habits, that will replace your old life and create the new life that you’ve always wanted.

    Step 6: Making mistakes is normal and a part of the process. You’re not going to get it right the first time, so do don’t waste your energy getting upset about it . Be proud of your accomplishments so far. Your shift in mindset and all those other little steps that you’ve taken have already made a bigger difference than you think. Keep it up and keep moving forward!

    You can do it! <3

    Financial Mistakes
     
  2. MotivationalVlogger

    MotivationalVlogger New Member

    Great post. I was struggling with money a lot during my years of training.
    I didn't earn any money during my training and the financial support from the government was cancelled because they sai my parents would earn too much (which was not true) so they should help me financially.
    So this resulted in me still working hard 8 hours a day but sometimes not knowing what I can afford to eat in the evening. Now I have a great full-time job so I wish that I would have read your post 3 years ago...
     
  3. LEdwards

    LEdwards Living a Laptop Lifestyle!

    Good info!
     
  4. Bo Nardin

    Bo Nardin New Member

    I really like your post, Tosca. It gives hope to many people who have higher aims to achieve in life.
     
  5. Joe Dalio

    Joe Dalio New Member

    Thank you for this excellent info! The only thing I might change is making the right mindset #1 on the list. People who are wealthy think along the lines of wealth. They accept nothing less. When you have your mindset right, all of these other steps are much easier to accomplish :)
     
  6. Erica Faith

    Erica Faith Member

    "Step 4: It’s time to get frugal and live within your means. No, you don’t really need those new pair of shoes. Find happiness within yourself, instead of turning to outside instant gratifying things."


    I totally agree. If it works, then why fix it, right? There's no sense in acquiring things that you wan't but don't really need. But I'm not going to lie to you. There are moments of course but come on, I mean: shoes! Well, i'm glad they are just occasional if not rare moments.
     
  7. MikeJ

    MikeJ New Member

    Guys I need a payday loan A.S.A.P. I wonder if someone can help me I'm in need of a payday loan, but I've got bad credit is there anyone I can apply for a payday loan. Or is the any kind of urgent loan I can apply for with bad credit or not? Has anyone used this https://webmoneyloans.com/payday-loans/de service? Any help would be appreciated.
     
  8. Walley

    Walley Member

    I believe that the most important thing in such a situation isn't to give up and keep working. I know how difficult it's to start a new business or find a new job when you have no money, but I'm sure that you can always find several solutions to any situation. I know what I will do in a similar situation. I'm confident that I can get payday loans 24/7 with Maybeloan service and it will help me to deal with the most critical moment. After that, I will have motivation and many offers with which I can make money again.
     

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