Does your financial future look bleak or bright in 2010?

It’s the New Year and the water cooler conversations are immersed with old and new resolutions. We are all guilty of promising to lose weight, get out of debt, save more and treat others better.

Resolutions are wills of determinations. I’m not indicating that anyone has false intentions about their success. I am implying that the implementation of resolutions takes more than just a statement.

Resolutions are only successful with a plan. The thoughts, behavior and actions must completely change.

When your ultimate goal is to get out of debt by the end of 2010 and you charge those “to die for” stilettos on January 2, you’re not following through with your resolution.
In order to change from the malicious cycle that you’ve created, you must first change your behavior.

Let’s repeat….

I WILL pay off my debt and start to invest in a savings plan.

I will PAY OFF my debt and start to invest in a savings plan.

I will pay off my debt and start to INVEST in a savings plan.

The more you repeat and remind yourself daily. The more successful you will be.

1. Cut up the credit cards.
2. Create a plan and stick to it as to how to pay off the debt.
3. Open and direct deposit a comfortable amt of $$ into an acct to pay self first.

Believe me; I have come across many people wondering how they are going to purchase bread and milk. Therefore, a savings plan is what you are comfortable with not what others are doing.

One dollar a day is $365 dollars you didn’t have the previous year. Again, it’s whatever you can afford.

The year is still new. For those who haven’t done so create a monthly strategy as to how you are going to be successful. Make sure the plan is feasible and won’t deter you from giving up. Remember, your situation didn’t happen overnight and it won’t correct itself overnight.

With each milestone, reward yourself with a SMALL token. You are then creating a positive reinforcement for yourself.

Be inspired,
Bahiyah Shabazz