This past weekend I finished reading “The Flinch” by Julien Smith. It is already on my recommended reading list. It is a short read that you can finish in a couple of sittings. You can currently get it for free on Amazon. The book is primarily about facing your fears and instead of running from them, plowing through them as once you get past that initial fear you will be on your way. It got me thinking of personal finances and asking myself, “What is my biggest fear?” So the question I ask to you today is, what is your financial fear?
Is your biggest financial fear that if you start to do a budget that you will not have any fun? If so, do it for 90 days as you will work out all the kinks and you will realize that you can do a lot more by budgeting than not.
If your biggest financial fear is cutting up your credit cards and not having them to fall back on in case of emergencies, do it anyways! It will force you to save up cash in an emergency fund and by having the cash in the bank you will not need a credit card.
If your biggest financial fear is getting out of debt and all the effort and sacrifice that will take, just do it. Yes, it will be hard and you will have to cut back. But after you pay off that last debt you will feel a sense of relief. Remember you can always go back into debt if you hate it. But you won’t.
Doing something different is scary whether it is about finances or not. But changing your life for the better is worth it; you just have to get through that initial fear of the unknown. What is your financial fear? Knowing your fear is key to overcoming that initial flinch. But once you get over that you will be glad you did.
If you would like help getting over the initial flinch, get in touch with me and I would be more than glad to help you on your journey.