Statistics vary, though most suggest only 20% of American workers are prepared to miss one paycheck. I remember what that’s like. I remember how the worry about money was all-encompassing at times and framed nearly every decision I made.
One of the greatest resources that started me out of that was the book Think and Grow Rich, a classic that is held in the library of the wealthy all around the world. Reading that book is a great place to start. After reading that book I realized my thinking about money was screwed up and I needed to spent a considerable amount of time thinking differently about money, and also learning how money actually works. To adjust my thinking I turned to material by Abraham Hicks. This is a great audio to start working through her material. https://www.youtube.com/watch?v=uBSymLgcpEA
Thinking is first, doing is second, and my next suggestion is to work through Dave Ramsey’s material on debt. No one speaks to debt in more practical terms than Dave Ramsey. The Total Money Make-Over is an oldie by goodie. And from there more to Tony Robbins, Master the Game of Money material for something more advanced and complete.
Finally, find someone to mentor you. This will require a level of vulnerability that is uncomfortable. Though be honest, if you could have solved this yourself, you already would have.
Remember, you’re only 5 years away from an entirely different financial experience. Not 5 months by the way, so you need to have a long term focus to really turn your financial life around. Like so many other things worth having, financial success is a journey, not a destination, with many ups and downs along the way. Are you committed to the journey?
I’d love to hear your experiences. Share them with me please.