Thursday, June 25, 2015, AM | Leave Comment
Follow perfection and simplicity in your personal finances. Antoine de Saint-Exupery, the French writer and aviator once said: “A designer knows he has achieved perfection not when there is nothing left to add, but when there is nothing left to take away.”
You can similarly strive for perfection in spending less and saving more. Don’t keep adding to your spending.
Instead take away from spending and add it to your saving.
Following simplicity, you will be able to manage your debt more successfully.
Antoine also said: “A single event can awaken within us a stranger totally unknown to us. To live is to be slowly born.”
When a person loses job, there is bound to be born a new person, to be cautious in spending and be better in saving.
Hard times have been upon us. We must awaken from the nightmares of our past to the new reality in our financial life.
Have a new person be born within ourselves and face the harshness in this new life head on.
Benefits of a Simpler Life
There are so many advantages to living a simpler life:
Simpler life is less stressful and a lot happier.
Simpler life will lead you to acquire less debt. Debt moderation is key to successful money management.
Simpler life is less expensive so you can get out of debt sooner.
Simpler life can lead you to better focus on your finances, so you live a more successful life.
Simpler life can lead you to avoid buying what you don’t need.
Simpler life can lead you to have less possessions and rid your home and workspace of clutter.
How to get started Managing Debt
With all the debt clutter in your financial life, it’s hard to prioritize but prioritize you must.
You have a choice. Either straighten up your debt collection and start managing more intelligently or embrace eventual demise of what is commonly known as bankruptcy.
You can do it yourself or get help from others like Consumer Recovery Network.
It’s crucial that you take a step back and figure out what’s most important to you.
Prioritize your debt paying and start clearing your debt clutter in your financial life. You can do it but you must have utmost determination.
Simplify your debt commitments. Say no to more debt.
Instead of shopping, find something amazing to work on. Get your mental and psychological satisfaction from something else and not from shopping. That will help you focus on your finances.
Simplicity will lead you to perfection in spending less and saving more. The key here is to follow what matters most to you, now and in your retirement.
We are born with greed. That’s in our genes. It needs a lot of practice to avoid we actually don’t need.
On the contrary, we have allowed ourselves to accumulate possessions through years of shopping, and receiving gifts.
Some folks have closets full of clothes and shoes but they still keep buying.
Some folks have their refrigerators and kitchen pantries full of food but they still keep buying.
We are strongly influenced by advertising to acquire things, but we don’t have a good system for getting rid of them.
Freeing yourself of clutter leaves room for and to learn how to focus on distraction from shopping.
A simpler life means less commitments to your lenders.
Remember if you are not careful, commitments to banks and other institutions will accumulate in the form of debt.
A time comes, like it has for so many folks, that the debt is unbearable. Eventually, folks lose homes, cars and their sanity as well.
By living a simpler life, you will avoid not only the buying spree accumulating unnecessary possessions that you might not use. But you will avoid accumulating debt as well.
Getting out of the commitments of loans you already have is the painful part. You must say no to more such commitments in order to get out of the old ones.
When you have eliminated many of your debt commitments, you have freed up so much of your time for things you truly love.
In a Nutshell
When you are done, bask in the glory of your accomplishment. That will give you joy of the utmost.
Remember what Alexander Graham Bell once said with a little twist of words of my own: “Concentrate all your thoughts upon the debt at hand. The sun’s rays do not burn until brought to a focus.” Say No to more debt.Facebook.com/doable.finance