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7 Things You Haven’t Tried To Make Yourself Rich

7 Things You Haven’t Tried To Make Yourself Rich

What have you tried to make yourself rich? Maybe you’ve tried getting a new job or asking for a promotion, playing the lotto, buying a house, maxing out your 401K, or something else. What if there were simpler things you could do to make yourself rich? You can do some of the tips below in your pajamas, others you’d have to take some external action. Here are several ideas, including a few you may not have even tried yet:

1. Give money or donate

Donating money shows that you believe money is good. It is not only a thing to pay a bill or buy a car with, but multiplied with the money of others it can influence somebody else’s life. It’s self-empowering. Giving money away also nurtures the feeling of gratefulness, another way to build the right mindset for more money.

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2. Appreciate what you already have

Yes, gratefulness again. Most of the world’s richest, including Oprah Winfrey, have touted the importance of making a gratitude list everyday. It keeps your brain fine tuned to looking for what’s right in your life, instead of what’s wrong.

3. Have a plan or vision

Statistics show that working a 9-5 is rarely the to path to riches. Starting your own business and succeeding at it can make you rich. Even a home-based business can grow to millions. One example of that is the makeup millionaire, Mary Kay. If you need help, enlist a life coach or mentor who can guide your steps on the path to making yourself rich.

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4. Play money games

You’re probably taking money too seriously. You get it, spend it, cry over it, curse it, and ask for more. No wonder money seems elusive. Why not have a little fun with it? Here are a few ideas:

  • Keep $100 in your pocket at all times and don’t use it. The feeling it sends to your brain will be a sense of security that you already have what you need.
  • Write a pretend “check” for $1,000 today and pretend to spend it. Write a $2,000 check the next day, then $3,000 and so on. You’d be surprised how hard it is to think of things to spend your money on outside of bills and savings.
  • For more games, check out some books by Esther Hicks.

5. Read

Devour all the money inspiration books you can. Not just spirituality-based money books, but business books too. Find out how others make their money, how they spend it, and multiply it. Soak it all up!

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6. Talk to your future self

This technique has been around for a long time. It works by imagining yourself in the future–in six months, a year, five years, and so on down the line. Ask your future self how they solved your current problems. Ask your future self for support. It may feel uncomfortable at first, but many athletes use this for motivation and focus.

7. Start a daily practice

What do you do first thing in the mornings? Do you have a routine that you do at any particular time of the day? Cultivate a daily practice that is the same every day. Write down three things you want to create and a gratitude list. This is a good, simple start. Do it every day until you are comfortable enough to add something else. You’ll soon start to see money creep up in small chunks, like change on the ground or unexpected checks. Eventually, as you build momentum, money and ideas will seem to be all around you.

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You can make yourself rich internally. As your brain catches up with the feelings, opportunities will abound. When they come up, you have to take some sort of external action to realize your potential and vision. If you’re not rich yet, but are still breathing, you still have a chance to change your life.

Featured photo credit: Vincent_AF via

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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