I was having coffee with a fiend of mine last week and she told me about her co-worker who earns $50,000 a year but is also $50,000 in debt.  She’s in debt because she spends too much on beauty products like $800 face creams and on $5,000 handbags.  She’s been spending this way ever since her 20’s (she’s 50 now).  According to my friend, every time they get together, this woman complains about her debt.  I think that this woman is stuck in a rut.  Rather than just complain about her situation, she truly needs to decide whether she wants to change her spending habits and her life or not.

We human beings are powerful creative creatures capable of overcoming the greatest odds.  In terms of money, there are countless rags to riches stories - Dale Carnegie, Napoleon Hill, Donald Trump, etc.  Now maybe not everyone can become a billionaire, but I believe anyone can change their money lives for the better.  I personally know someone who has once homeless and living in her car and now owns 2 houses.  Two close friends of mine have been broke and declared bankruptcy and now own thriving businesses.  Another friend has changed his spending habits and eliminated up to $30,000 in credit card debt.  If you really want something, you’ll do whatever you have to to get it.

Do you have a shopping addiction? See a psychiatrist.  Have credit card debt you want to get rid of?  Any big city will have credit counselors to help you.  Not earning enough money to pay all the bills?  Get another job or a second job, go to night school to improve your skills.  It’s not going to be easy, but whatever it takes to get you what you want, do it (I don’t need to mention that it needs to be legal, right?).  After all, it’s your financial life, might as well have one you can be content with.