You Can Have More Money
Wayne and Jackie can attest to this. The couple faced what seemed like insurmountable odds when they married in 1989. Wayne had accumulated credit card debt of $35,000. Jackie was paying $900 a month on her $60,000 in student loans. They really wanted to buy a home, but couldn’t quite see how or when this would happen. Setting the purchase of a house as their goal helped propel them forward. Jackie was able to get a lower payment on her loan, and the couple saved the balance toward a home. It took some time and patience, but they eventually got where they wanted to be—and you can, too!
Get Financial Help
Once you realize prosperity may take time, you might feel overwhelmed and frustrated. Thorne-Devin recommends seeking out a buddy in the first 30 days to support you through this change. She also recommends joining a support group, such as Debtors Anonymous, if appropriate.
Another way to garner support is to form or join a Mastermind Group. Ten years ago, Englander was transitioning from working in a social services agency to private practice. She joined a Mastermind Group, like-minded individuals who come together with specific goals they want to achieve. Her first year in practice, she wanted to match the income she had been making at the agency, and she did. “I set my intention for the following year to double that,” she says. At each meeting, the members would gather support for their goals, report results and determine what action they would take before the next meeting, providing accountability.
She doubled her income that year and set a goal to do it again the third year. “Literally, in three years, I had quadrupled my income,” she says.
Whether you join a group or prefer individual help, having someone alongside you as you reach for your financial goals can help you stay on track.
Create Your Future
According to both Thorne-Devin and Englander, people report feeling many emotions during the first 30 days of having more money. Often, initial feelings of regret over not making the choice sooner give way to euphoria as they see the possibilities life offers. This may be followed by letdown as reality sets in—there is no quick fix. “It’s important that people take ownership for their past, present and future financial situation,” says Thorne-Devin.
Jackie’s advice: “Looking back at my first 30 days into this change, I felt overwhelmed. You have to realize it’s not going to happen overnight. Sticking with it is the hardest part, but the payoff is so huge!”