5 Steps to Get Out of a Financial Dilemma


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Have you ever found yourself with no money and no idea about what you are going to do to get back up?

Let’s also imagine that you have bills piling and waiting for you to pay.

Let’s further imagine that you lost your job or your business collapsed and you’ve tried everything you can to get a job or business back up and nothing seems to work.

What do you do?

Question

Well, I have been there, done that and I know exactly how it feels to be financially handicapped and hopeless. Yet at the end of it all I realized that what was stressing me out was either what I wished things should have been, or shouldn’t have been, and not necessarily what things really were or meant. Since, for every disappointment I have experienced, I soon discover that it was a blessing in disguise. That aside, I have followed the following steps to get me out of the hard times.

Step 1: Tame Your Mind

Dont wake to be perfect

 

The first thing to do is to deal with your mind. You literally cannot stress over your situation because if you do, things will “seem” worse. “Seem,” is singled out because things are what we define them to be. If you are stressed you are definitely going to redefine the situation and add more drama in order to support your new stressing convictions.

I’m sure you know how worrying about things amplifies them. You have to refocus your mind on what you have and what you are grateful for. I know this seems easier said than done, but it is doable. And when you understand the consequences of negative thinking you will tame your mind to focus on what’s good in your life. I’m certain that you have some good things that you can focus on.

Step 2: Determine what you want and focus on it religiously.

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Many times we might think that we are focusing on what we want when we are actually dwelling on whatever we don’t want. Therefore, you have to take time and examine what you want instead of the financial havoc. Do you want to pay off your bills? How much money do you want? Do you want to be financially free? How does that look like for you? Do you want to get another job or maybe revamp your business? The idea is to be very specific about what you want and then focus on it.

Step 3: Evaluate your resources.

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For this step, you will have to get pen and paper and examine what resources you currently have that are freely available to you. You may have to consider your skills, experiences, education, talents—or anything else that is freely available to you. Another thing to consider is your wardrobe—what you can sell in a yard sale or online. List everything down.

Step 4: Decide on which skill, talent or experience you want to turn into something that will bring in money. For instance, I am also a qualified massage therapist, and during the slow financial times I advertise my massage business because firstly, I already have the required skills plus all the tools required to run a mobile spa. I literally don’t need a lot of money to get started with acquiring clients. I reach out to my regular clients, advertise on free portals like face book, craigslist and Google; and before I know it, I have clients flocking in.  The idea is to choose a skill that won’t cost you money.

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Step 5: Take action. Once you decide on which skill you want to explore, or actions to take, take immediate action. Don’t over think things. Just go for it. Trust that things will work out. Have faith. And even if things don’t work out the first time, keep tweaking them up until they get better. Whatever you do, don’t wait to be perfect.

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Click on this link to access a powerful divine love guided meditation to uplift you – https://www.youtube.com/watch?v=tgMpYijDTjU

Click on this link to access a short inspiration video on never waiting to be perfect. 

In my book, Do Not Force It, Tap The Good, there 3 whole chapters about making something out of nothing. I’m certain that you will benefit from the tips provided.

Tap The Good

To get the book, please click on this link. https://www.amazon.com/Do-not-Force-TAP-GOOD/dp/1461079098/ref=sr_1_2?s=books&ie=UTF8&qid=1534208447&sr=1-2&keywords=Do+Not+Force+It%2C+Tap+The+Good

In the interim, remember that “Loss gives us a chance for an upgrade.” Mpalyenkana

http://www.tapthegood.com

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7 Budgeting Mistakes to Avoid


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Budgeting is crucial to efficient and effective financial management. When we don’t budget, we end up either squandering money or missing out on paying for important and/or time sensitive transactions.

Note that the lack of budgeting is the very reason why the poor remain poor–because they don’t take time to think about what they want and research on how much it will cost.

The question is, how will you know what to spend your money on if you don’t budget? Remember that there is more to living than paying bills. Therefore, take control of your finances and establish budgeting as a mandatory act.

Below are 7 budgeting mistakes to avoid.

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Mistake 1:

When you don’t stick to your savings plan, or when you don’t have a savings plan. In order to achieve financial freedom putting away money as savings to either invest or fall back on in hard times, should be part of the game plan. If you don’t budget for your savings, you are basically rendering yourself vulnerable for financial disaster.

Mistake 2:

When you don’t update your budget plan:

It’s important to update your spending plan so that you are aware of what’s going on periodically. Get a note book, or download an app on your phone (www.everyDollar.com is a good one)) and use these tools to periodically update your budget.

Mistake 3:

When you underestimate or overestimate how much you spend: To avoid this mistake evaluate your previous month’s expenses to use as reference for your spending patterns.

Mistake 4:

When you don’t have a budget: When you don’t have a budget how will you know much to save or what to spend on?

Mistake 5:

When you don’t communicate with your spouse or people in your household about your budget standards: This applies if you have a family. You need to let your spouse know about your budgeting plans so that they spend within its limits.

Mistake 6:

When you only budget once in a while: You have to be consistent with your budget plans. It is an ongoing process, and the good news is that it gets easier with time.

Mistake 7:

Lack of budgeting before your payday: Getting money before you create a spending plan can be dangerous.  Note that by the time you create the plan, half the money will be gone on expenses that can not wait for you to decide whether you need a budget or not.

Note that budgeting is a healthy financial habit that you should embrace. Doing it right will make all the difference, and having a success infused mindset is the starting point.

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Looking to get more organized with your life and finances, check out my book, Do Not Force It, Tap The Good

Tap The Good

Dr. Jacinta Mpalyenkana, PHD, MBA is a counselor, transformational coach, corporate trainer, published author and professional speaker. For more about her, please check out http://www.tapthegood.com

Life is About Dealing With Issues


Life is about dealing with issues: financial issues, societal issues, political issues, etc, and especially, emotional issues.

Dealing with emotional issues on a continuous basis is the pathway to emotional freedom.

I have a gift for you; an eBook. With the magical tools of EFT, the Emotional Freedom Technique, also known as tapping, you are set not only to heal from emotional baggage, but also achieve self-empowerment, clarity and peace of mind.

To download the eBook, please click HERE

Picture of the book

Living a stress-free life with EFT - book cover-page-001

Love and light

Dr. Jacinta Mpalyenkana, Ph.D, MBA

http://www.tapthegood.com