One of the most important bits of advice I can give to anyone else who is trying to build wealth – pay off debt, save more…spend less…any of these things or all three. TRACK WHAT YOU ARE DOING! Why? because it is a loooooong road sometimes. There will be times when you are certain you are doing horribly and that you haven’t made any progress. Overspending, under-saving. But if you track and periodically come back to the numbers, you can see your progress and, I promise you, it’s not as bad as you think.
At the time of this writing I am weeks away from walking away from a six-figure career. The last few years have been my most successful ever. I am good at what I do. And I am miserable doing it. The weight of the responsibility of doing good work – the gravity of the consequences when, even the best work, results in a horrible outcome for your client…. it’s just too much. Some spend their lives bearing this burden. But the good criminal defense attorneys, the GREAT ones…it comes at a cost.
Payday lenders and title loan companies are Sharks.
You must train your brain that every time you drive by one of these lenders or see one of their commercials to hear the Jaws theme. They are predators and they prey on people who are afraid they can’t make it to next pay day.