Getting Out of Debt and Building Wealth Takes Time

Getting out of debt and building wealth takes time. Don’t get discouraged and celebrate small wins along the way.

We have been on our debt free journey for close to five years now. Sometimes I’ve gotten so discouraged about the time it has taken to reach our goals.

Can anyone else relate? Wouldn’t it be nice if we could push a button and all of our problems be solved?

Fortunately for us, life doesn’t work that way. When we dedicate ourselves to working on a goal like debt and financial freedom, the small tasks we do to get there create habits that can last a lifetime.

We need these habits to continue on! Whether it be paying down debt consistently, paying yourself first, or saying no to extras for a time. Once we’ve worked on our “habit muscles,” we’ve done what we need to do to see our goals come to fruition.

Sometimes this is hard for me since I’m far from being the main breadwinner in our family. But that’s okay. Being a stay at home mom for my kiddos is my calling! When I get discouraged, I try to think of the small, actionable steps I can take to help my family’s finances.

Some examples are:

Working diligently on our budget.

-Transfer money to savings first thing on payday.

-Shop for deals and use sites like Ibotta.

-Invest my Etsy income.

-Learn about and play an active role in the allocation of my husband’s retirement accounts.

-Spend time looking for deals when it comes time to purchase big ticket items.

Being a frugal and knowledgeable stay at home mom can help your family’s financial future.

Be on the lookout for a fun freebie here on Monday. I hope everyone has a wonderful weekend!