Can you relate to this? You just got your paycheck and you have a big chunk of money! Then you realize, bills need to be paid. After tallying how much you owe, you realize that you only have a few hundred dollars left. The feeling of all that money going away is daunting, and you may feel a bit depressed. I know personally, I’ve been in this kind of funk many times, but I always need to remind myself that things will get better as long as I keep working towards it!
Although it may be difficult to be positive when you’re tight on money, is it possible. It’s all about how you look at it.
1. Remember it’s a marathon, not a sprint
There is a reason why you are tight on money – perhaps you have a lot of debt to pay and it just feels like you’ll never get out of it. As long as you keep your money organized and you stick to your plan, you will get to the finish line! It isn’t easy to pay your debt off in one fell swoop, especially if you need to pay rent, feed your kids and keep the lights on. Those take priority first and foremost.
2. Realize what you have now and cherish it
When we are down and sad, we tend to forget what we already have. We are fixated on what we want and where we want to be, that there are things you may take for granted. You may even just forget you have some great people in your life, but you aren’t focused on that as much as you are with your debt. You may not be able to take a nice vacation now, but at least you have food on the table, and you’re paying off your debt.
3. Realize how far you’ve come
It really is a journey when you’re on the road to paying off your debt. You’re still in it, not quite at the finish line, but if you look back and see where you are now compared to yesterday, it is something to be happy about. Feel accomplished! Yesterday is not the same as today, really! If you keep track of your progress, you’ll become more motivated to keep going.
4. Find the free stuff
Just because you’re trying to save money and cut back on spending doesn’t mean you can’t do anything or have fun. Even free! I live in South Florida, and there are so many things to do even if you’re on a budget. Depending on where you are in the world, you could still do some of these things in your area too!
5. Indulge in a practical splurge
I like splurging just like the next person. But, we all know that we all have to be practical. In keeping with your goal of paying off debt or saving money, it is okay to splurge once in a while. It keeps you motivated and good about yourself too. Just because you’re in debt, doesn’t mean you can’t enjoy nice things, especially if it’s once in a while. It is okay to indulge, as long as you have the money for it and it doesn’t put you in more debt.