Conquer the shackles of debt and constant worry about money, by becoming a Financial Freedom Fighter.
Every day we are inundated with distractions to our ultimate goal of freeing ourselves from financial burdens. Credit Card ads, new car commercials, and offers of low rate mortgages make tempting promises, but the only bank account that will benefit from their offers is their own.
Take charge of the battle and assemble your army:
Everyone you meet is either part of your army or they are part of the opposition. While you are transitioning from a spender to a saver, make sure that you don't mingle with the enemy and surround yourself with your army. Anyone who uses phrases such as: "You can afford it!" "Just use your credit card." "You only live once." is not part of your army.
Use Cash.
Using cash for your purchases does two things, it makes you think about each purchase because you will have a certain amount of cash left, and your other bills will still be paid.
Negotiate Your Fixed Expenses
You make think that your fixed expenses are just something that you need to deal with and you are stuck with the amount that is charged. First step should be to make sure that all of your expenses are truly necessary (see Disconnect Your Cable). After that, you should call each of your vendors at least once a year, preferably quarterly and ask them what you can do to reduce your monthly bill. (see How I Found $9000 For My Retirement)
