I heard you could use some mid-week motivation? :)
Check out these notes from three different people who’ve stopped by this blog recently to share their progress and stories. Just further proof we all have it in us to rock this stuff if we really care enough to make it happen! And it doesn’t matter where you’re starting out either, so long as you actually *start*.
First up, this message from Twoee left on our article about the power of doing just one thing:
OK, so I am making a commitment to max out my IRA. My mother-in-law challenged me to try her way of saving. I didn’t even think I had funds to do this. I work part time and my husband had just been laid off.
Well, I am proud to say I have been saving $200 a month since Jan of this year! I have paid off more than 50% of my credit card debt and all of my bills are current and on time. This is major motivation for someone who had nothing 7 yrs ago.
Now I have found this blog to help me stay focused! I am going to get to 50% of my income then go full time and do 75% of my income. If it takes me until I am 50 (currently 32) at least I know it’s possible and I did it so I can teach my kids to do the same. I will end the poverty cycle in my family!
YES! It is possible! Lots of people have managed to save 50% or more of their incomes – keep going! I smiled like crazy reading this the first time around too about breaking that poverty cycle, man… Amazing what can happen when you really commit to something important, right? Love to hear this stuff… Way to go, Twoeee!
Here’s another one by naughtygrog on last week’s article on having your money epiphany… I have no idea what a “naughty grog” is, haha, but it sounds like a helluva great band name ;)
My financial epiphany is ongoing and only kicked off 3 months ago. But in that 3 months I’ve managed to get things moving in a much better direction.
We paid off a nearly $600.00 payday loan and have tracked every dime spent in the last 3 months. We are in the process of building a budget. This has been a process because we had no earthly idea what we were spending but we should have it locked down this upcoming month.
I’m super excited to say that in that 3 months we’ve managed to SAVE just south of $400 bucks. This would have been completely unheard of 6 months ago.
BOOM! Tracking your money – especially for the first time – does amazing things, no doubt… If you don’t know where the hell all your money is going, how can you figure out what to improve?
This was one of the first things I did when having my own epiphany 8 years ago too… And I learned quick that I was leaking $200 every month when in my head I thought I was SAVING $200/mo. How you miss a difference of $400 is beyond me, but the only way I caught on was because I was tracking it all! And 3 months usually gives you enough time to start seeing the patterns.
(As an aside, the beautiful part about getting your money down is that once you get good at it and learn how you work, you can let up on the details a bit and coast more. You won’t hear many financial bloggers or “experts” tell you this, but there’s something to be said about being good with your money 80-90% of the time than driving yourself crazy at the full 100%. Not that there’s anything wrong with tracking every penny forever either – just that most people tend to burn out over time.)
And then here’s a note I just received yesterday from a kid who’s figured out more than some adults ever will:
How’s it going J?
My name’s Carl. I’m an 18 year old, motivated teenager in this big scary world! I’ve recently moved to the U.S. to chase my dreams, and I stumbled across your blog a few weeks ago while doing my usual nightly financial research. It is one of my favourite things to read now!!
I have dreams of being financially secure, raising a family and doing some cool things with my life. And your blog has made me believe that it really is possible. I need to work hard and track my spendings. I have a dream of being a successful day trader and be able to make other investments such as real estate etc. People have told me that I have unrealistic dreams and need a reality check but I ain’t listening to a word. I’m gonna live the life I want to live and nobody’s gonna stop me.
I’m working as a sales associate really right now, earning poor money and not getting the hours that I desire to be able to actually save up some money and begin my journey. I’m not getting myself down though, I know it’s all part of the process and I’ll get where I want to be in good time.
Keep up what you’re doing!
P.S. Maybe one day if you’re lucky, I’ll lend you my Lamborghini for a weekend as a “thank you” for the motivation and financial advice you put out ;)
Yessir, I’d gladly grab that lambo for a day and live like a king :)
But seriously, how many lessons did you see hiding in there that most people take a lifetime to understand? I counted seven:
- Having a positive outlook!
- Educating yourself in your free time
- Understanding things don’t happen over night
- Realizing the importance of tracking your spending (sensing a pattern yet? :))
- Not giving up and feeling sorry for yourself
- Ignoring the haters
- And most importantly, BELIEVING in yourself and your vision!
I don’t know about that day trading idea, but I’m confident he’ll stumble across the right route for him once he gets going and experiments more… I advised him to really look into the online world as well (and pointed him to SmartPassiveIncome.com) as it can be an immense jumping point to a number of opportunities – whether income related or just in growing a community/network. You never know what having an online platform will open up (I never dreamed I’d become a blogger for a career?), and since there’s no barrier to entry anymore and it’s super flexible, you hold a lot of the control.
Mix that with an insane drive and some positivity and you’ve got a recipe for success! Internet-related or not!
At the end of the day we care about our lives more than anyone else, so it’s up to us to want it bad enough to go out and make it happen… As composer Meredith Willson once said, “You pile up enough tomorrows, and you’ll find you’ve collected a lot of empty yesterdays.”
The time is now, my friends! Keep on going!
Then you could be a bit more like Biggie instead ;)
[Well done, Candice Marie, well done]
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!