Tired of Being Broke? Here’s How to Break the Cycle

Are you tired of being broke? The first step towards changing your life and creating your dream business, is admitting you want to change, and acknowledging you need it.

When it comes to it’s money and business (or anything else), no one can change your mindset but you. So, what happens when you finally figure out you want to change, and you’re sick and tired of being normal and broke?

Where do you go from there?

We all get stuck inside this rat race called life. Going around and around on our wheel like a caged hamster. We are moving forward, but never progressing.

It’s Time to Get Radical

The amount of effort and thought you put into changing, is the amount of results you will see. Put in a mediocre amount of effort and you will see mediocre change.

But if you are radical and don’t care what other people think, you will see radical changes. However, that takes courage. You have to be a phenomenal person, living in a nominal world.

You will reap what you sow, that’s the universal law of life.

  • Being in debt is normal.
  • Living paycheck to paycheck is normal.
  • Basing your choices on what you can afford, is normal.

Well, normal sucks!

Once you decide you don’t want to be normal anymore, is when you’ll see progress in your life. To stop being average, you have to make the decision to jump off the incessant merry-go-round.

Yes, it’s painful. It takes effort and sacrifice, but it’s worth it.

You won’t change until you’re sick of being broke, enough to start taking action. I know we are all discouraged and tired of being broke. But have you had enough?

If you’re unhappy with your job, then why don’t you quit? It’s completely pointless to do the same things, over and over but expect to see different results.

You have to change your actions, to see the re-action you want.

Sacrifice is Inevitable

There are only two ways to be successful with your finances and your business.

  • Spend less
  • Earn more

Spending wisely is a major part of experiencing financial freedom, but spending less has it’s limits. There is only so much you can cut back on, before you are living life on bare bones.

Your income is the greatest tool in your financial arsenal.

It’s only limited by you and the amount of effort you put into it. You really can earn as much as you want! I truly believe that.

I know what my strengths and weaknesses are, and I’m the only person that’s holding me back. It’s not bad to have confidence in your career and to be good at your job.

I’m very good at what I do, and I’m worth every penny I’m paid. I’m constantly learning, trying to be better and improving. But I also work my butt off.

I’m diligent, focused and I make sacrifices. I don’t take many holiday or vacation days, and I work when I’m sick. I’m dependable and honest, but that comes at a price.

We Only Limit Ourselves

When was the last time you did something that was scary and just a little crazy (in a good way)? Exactly. For me that’s a very rare occurrence, because I like to play it safe.

But how do we know we’ll fail if we don’t try? We limit ourselves with fear, insecurity and by not making the necessary sacrifices.

What is the price you are willing to pay for financial freedom? Nothing in life is free. If you aren’t paying with money you’re paying with time.

Yes, Change is Possible

Several months ago I told one of my friends that I wanted to start a blog. I’ve always loved writing and both my parents have written and published books, and are fascinating speakers. I guess it’s in my blood.

I didn’t know very much about writing, blogging or the technical parts of running a website. All I knew is that I wanted to try, and then I took action.

I’ve made some mistakes, and will continue to make them as I travel down this road. It’s been something I dreamed of doing but never thought I was good enough.

But I pushed past the fear and I jumped off the hamster wheel. I made a decision, to start changing. So go ahead and try something new. Take a leap of faith, because you will never know until you try.

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About the author: Carrie Smith is the financial artist and editor behind Careful Cents. She helps creative entrepreneurs make a living with their creations, and reach financial freedom through systems and financial organization. She’s been featured in The Huffington Post, Glamour Magazine, Kiplinger Finance and several other business websites. In May 2013 she quit her full-time accounting job to pursue entrepreneurship and blogging. You can find her on Twitter or Instagram @carefulcents.

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