How often do you hear people talk about how they would live their dreams if they only had a bit more money? People always dream about…
- quitting the jobs they hate
- starting a business
- moving to a remote cabin in the woods
- staying home with the kids
- being completely debt-free
- having a little homestead and raising their own food
- living in an RV and roaming the country
…but they often feel that these things are financially unreachable. Instead of doing it, they sigh and decide it’s completely unreachable.
Do you do this yourself? If you have unrealized dreams and goals, then maybe it’s time to take a good hard look at your finances and enact a sweeping plan to radically reduce your expenses.
Regardless of the changes you want to make in your life, it either costs you money or freedom from financial worry. You have to be willing to make changes, and the level to which you are willing to change your lifestyle reflects the level of your motivation. Few people ever achieved a lofty goal by doing exactly what they had been doing and without making a few sacrifices.
Redefining necessities
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Most people would be surprised at the changes that can be made when they rethink the definition of the word “necessities”.
When you make a dramatic change it isn’t reasonable or rational to expect this to happen easily. If it was easy, everyone would be doing it. You’ll face financial stress when changing your life, and if you want to be somewhat immune to this, you need to perform a financial makeover to pare your monthly output to the bare minimum.
Does this sound kind of grim? It’s not – decreasing your monthly output provides you with the safety net you need to make your dreams come true. Maybe…