self motivation and financial freedom

Self motivation strategies to claim your

3inancial freedomwww.BobAPrentiss.com

by Bob Prentiss

www.BobAPrentiss.com

Are you frustrated by your lack of power over your

3inances?


• Too much debt? • Too little money left over? • Living month to month?


Take charge of your 3inances with these Five Self Motivation

Strategies.


Strategy One:

Write down why you

want to regain control

of your finances.


Strategy One

What will you gain if you make the change?

• reduced stress? • the ability to buy things you need? • a feeling of pride at how responsible you are?


Strategy One

What will you lose if you fail to make this change?

• Will you have to 3ile bankruptcy? • Will you lose your house? • Will you stay frustrated and angry?


Strategy Two:

Write down what

“control of my

finances” means.


Strategy Two

How will you know when you have reclaimed control of your 3inances?

• Does it mean reducing your debt? • Does it mean living below your means so you can pay off debt? • What will be happening in your life when you have made this change?


Strategy Three:

Make a plan as to how

you are going to make

this change happen.


Strategy Three:

Write down all the steps you can think of that will help you make this

change.


Strategy Three:

•Cut up your credit cards

•Track your spending for a certain period of time

•Make a budget

•Set aside a set amount each pay check to pay off debt

•Secure an additional temporary part time job to pay down debt

•Contact creditors to work out a payment plan

Possible Steps:


Strategy Four:

Be in charge.


Strategy Four:

“True 3inancial freedom is not only having money, but having power over that money as well.” Suze Orman -‐ The 9 Steps to Financial Freedom

.


Strategy Four:

Make a conscious decision that you control

your 3inances.


Strategy Five:

Find resources that will

help you make this

important change.


Strategy Five:

Make these three resources part of your

plan ...


Strategy Five:

1. Credit counseling

Check out http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm


Strategy Five:

2. Government Assistance

Go to www.usa.gov and type into the search screen “debt relief” for information and direct assistance.


Strategy Five:

3. Facing foreclosure?

Contact your state’s bar association for the names of attorneys who have volunteered to assist people with your problem.


Reclaiming your 3inancial power will be a challenge, but by applying these 3ive strategies and working hard, it’s a challenge you can win.


For more information on self motivation and how it can help you make your dreams come true, visit


self motivation and financial freedom

Economy & Finance