Monday, June 7, 2010

Breaking Out From Financial Paralysis


Whether the problem is being house poor, a layoff, overspending, or too little money chasing too many expenses - the result is often paralysis, the inability to do anything to combating financial paralysis.

REMEMBER, start small, build confidence and bigger things will follow. Reinforce your success by stashing the daily savings in a piggy bank, jar or sock and plunk it on an outstanding debt every week. The next step is to aim for something bigger - AXE unnecessary spendings (ie gym membership, do your own nails, chop extra services on your cell or land line, reduce your tv package, etc).

Take heart. Baby steps are all you need to eliminate financial paralysis.

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