FINANCE
DON’T IGNORE THE TRUTH ABOUT YOUR FINANCES By Matthew Broom, Host of The 24/48 Podcast
THAT MOMENT WHEN YOU DECIDE TO TAKE A SMARTER APPROACH TO YOUR MONEY WON’T ARRIVE GRADUALLY. IT WILL HIT YOU IN AN INSTANT. YOU’LL WAKE UP, HAVE A “F*CK THIS” MOMENT, AND DECIDE TO MAKE THINGS BETTER.
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tress and anxiety have probably been building and compounding over time, right alongside your credit card debt – but the decision to change will still happen in a heartbeat. You’ll have reached what’s called the tipping point – the moment your trajectory changes and you decide to get on the path to financial freedom. Too often, we prolong our poor money habits because we’re deceiving ourselves and distorting reality to increase our comfort. We tell ourselves a soothing story about how we can afford this house, pay off our bills, and find a way to retire someday. Then, someday becomes never, the house gets bigger, and the bills keep rolling in. We have to stop fooling ourselves. Feeling financially stressed? Don’t trick yourself into thinking it will all work out because it won’t – not unless you decide to take action. According to the Retirement in America study performed by Ramsey Solutions, “...nearly half of us aren’t saving for retirement, and those who save, aren’t saving enough.” You don’t have to wait for stress and anxiety to push you to your tipping point. You can make the decision to take control of your finances any time – including right now.
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