Don’t ever think it’s too late
If you have worked your way into a financial pickle; it’s never too late to find your way out of it. Don’t allow friends, family or colleagues to box you into the ‘irresponsible with money’ category. What you need is motivation, not lectures. What are your financial goals and aspirations? While these may not come easily or quickly, if you are disciplined and improve your efforts then they could be within your reach.
Acknowledge and take responsibility for your mistakes
While it may not seem like it at first, taking responsibility for any financial strife is far more liberating than blaming it on someone else. By acknowledging the issue you have taken back control of your life and have made the first step towards charting your own financial destiny. We’ve all made some bad choices with money, but now is the time to pledge to do things differently.
Build yourself a support network
Surround yourself with people who want you to be financially successful and who value hard work, responsibility and integrity. If the time comes when you need to have a discussion with someone about finances, these people should be able to give it to your straight and should be able to provide support when needed.
When you hit a financial milestone be sure to reward yourself for your hard work. This doesn’t mean going out and spending all of your money – modest rewards such as making time to read a book or taking a long soak in the bath can be just as enjoyable.
If you require further financial support and advice, it may be worth speaking with a professional accountant who can look at your finances before helping your to set achievable goals. For more information please see our Personal Finances fact-sheet.
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