Stop being broke, part 1: The problem

As this idea is forming in my head I know I am probably speaking mostly to the choir. Most people who read personal finance blogs have already made the decision to be weird and not live like everyone else. This is for those of you who might need a bit of a nudge or have friends or family who might need a bit of a nudge.

If you are living paycheck to paycheck and racking up a little bit more credit card debt than you had the month before and you feel hopeless, there is a way out. This is not a get rich quick scheme but it may be a get rich someday way of life. The first step, just like AA is to recognize that there is a problem. You don’t have any savings, you have car payments and debt, maybe your mortgage is a  bit too much, forget about retirement accounts and saving for college for your kids. That’s not even in the realm of possiblity. Are we starting to see a problem here?

I know things might look bleak. You may have lost your hope years ago. Today is the day to get that hope back. Today is the day that you make the decision to  change. Today is the day you decide that you don’t want to be  broke forever, that you want to stop using credit cards and dig yourself out of the mess you’re in. If you make that pledge, I will help you. I will do everything I can to help get you on the right road. Realize now that this is going to be hard work. You are going to have to sell stuff, cut your spending, maybe get a second job or get some education. This will not be easy, but is what you’re doing right now easy? Is the stress you feel when the bills come easy? Will living like this for the rest of your life be easy?

If you are ready to start living your life like the few, start today by saying “Enough is enough. I don’t want to live like this anymore.” Say it all day. Keep saying it to yourself. I will help show you the way.

This is the first in a series “Stop being broke”. On Monday, I’ll discuss the second step. If you have questions or are really pumped to get started, you can comment here or send an email to Put “Enough is enough” in the subject line.