Whether you realize it or not, sometimes the smallest actions can lead to life changing results. For instance, swapping out that can of Coke for a bottle of water can be the difference between having a 40 inch waistline or being in impressive shape. Alternatively, giving up one hour of video games a night could be the difference between losing your scholarship and graduating with honors. These same minor changes can result in massive steps forward in our finances too and as such I want to share with you the 3 things that changed my financial life forever!
Number 1: Tracking My Financial Progression
My world famous saying is “if you ain’t tracking, you ain’t stacking” and while I live by this rule religiously today, this wasn’t always the case. You see, back in the day my money management practices were lackluster at best. Perhaps my financial negligence was due to my frustration with my income at the time or was the result of laziness, but I never really gave much thought to where I stood financially. Now, don’t get me wrong, I wasn’t a total delinquent with my money. I’ve never gotten myself in serious credit card debt or done any permanent damage to my credit but I have to say that I was getting in my own way when it came to getting ahead financially.
Then, one day I got the financial wake up call that changed my life forever. I was around 25 at the time and was back on the dating market. After getting my bearings and lining up a few dates, I thought it would just be a matter of time before I found my future partner! I mean, who wouldn’t want to date a guy like me, right? Well, apparently the answer to that question is, every girl I went out with. What caused the dates to go south? There was one simple question that sank my battleship every time it was asked. When my dates would ask, do you have your own place, I would sink into my chair and admit that at 25 years old I was still living at home. This was a total game killer however after getting rejected time and time again due to this same impediment, I knew I had to start taking my money game seriously. So, what did I do? I created a system that ensured I started to build up my financial position to the point where I could buy a house and kiss my childhood bed goodbye!