Maintaining motivation can be difficult when sticking to a tight budget. You may feel the need to waiver and splurge. That small lapse in concentration can result in the loss of months and years of hard work. Temptation always finds a way to creep in whether we are trying to stick to a diet or simply a daily routine an exterior influence always tries to make us falter. The majority of the battle of financial stability is mental and therefore we have to determine ways we can mentally stop our appetite to spend.
We have to be as specific as possible. Set out your goals and keep them visible to you at all times. You should wake up and see what you are working towards each and every day.
If you are saving towards a big trip maybe it’s a vision board that you make with all the adventures you will do on your trip. Draw a picture of the brand new car you want and put the picture up in your room. You want to be obsessed with your financial goal. This obsession will drive you towards saving every spare dollar towards your goal and when you finally get there the satisfaction will be greater than you could have ever imagined because you EARNED IT.
Surround yourself with people that support your goals. If you are trying to stick to a strict diet it doesn’t help when mom’s making her world-famous chocolate chip cookies. The same thing applies to money, let the people around you know that you are saving for a big goal. Stay away from the people that know your goal but still tempt you to go out every weekend or spend money that draws you further and further away from your goal. You should have a timeline for when you want to achieve your goal and do whatever you can to stick to that timeline.
Celebrate your wins. Once you get to your goal do not hold back. Spend your entire budget (not any more than your budget) that you’ve worked so hard to accumulate. You have set a plan and stuck to it, there may have been a few falters and bumps along the journey but you have made it and deserve to treat yourself extravagantly. You deserve it!
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