One week from today I want your life to be totally different. It’s a bold proposition, but I think it’s more than possible. How are you going to get there? Through pure, unadulterated rage. It’s time to go all Hulk-like on your personal finances. It’s time to climb to a window and shout at your debt: “I’m mad as hell and I’m not going to take it anymore!”And then really get into all the issues holding you back.
“I’m pissed at my bank always dinging me with transaction fees!”
“I’m sick of my credit card companies charging me usurious fees!”
“I’m really really sick of being underpaid and overworked!”
Here’s your one-week plan for a better financial present and future. (Aggravating Disclaimer: You must make your own decisions in life and this post does not guarantee results. Please consult with your own financial or other experts prior to implementing any of the changes suggested in this post).
Problem: Things have been kind of boring at the office lately. You’re happy to have a job but not so happy to be doing a ton of work for less than scale.
Solution: March into your bosses office and ask for a meeting later on. Beforehand, make note of all your accomplishments. At the meeting, go over all of your accomplishments and ask for a 3-10% raise.
Hopefully revved up by your success, why not take on your banks next.
Problem: They keep adding excessive fees–that are starting to add up.
Solution: Sit down and review all of the fees you are paying. Then march into the branch office and give them a peace of your mind. Tell them you’ll leave unless they drop the recurring fees. Ask them for advice on how to cut down atm or other transactional fees. See if there is any way you can qualify for a better plan or otherwise save money. Tell them to get creative or get out.
It’s time to take on the biggest jerks of all–those credit card “merchants” pirating away all your extra cash with 20% interest rates and annoying sales letters.
Problem: You’re paying more money towards interest than you do to heat your house.
Solution: Call up your credit card company and ask for your rates to be lowered. Then demand it. Then subtly hint that you’ll leave if they won’t give you what you want. Be persistent and see what happens.
It’s time to get personal. We’re talking a little “family time.”
Problem: Your spouse is spending money quicker than either of you are earning it. Your kids, if you have any, are acting like entitled brats.
Solution: Bring everyone together and go over all of your finances. Be calm but honest about the problems facing your family. Talk about ways to solve the problems and put the family back on financial track. Tough love is sometimes an important element in financial success.
You’ve taken on credit card companies, your boss, and even your spouse–now it’s time for a little bit of a Friday break. All you have to deal with today is those sniveling charlatans known as the friendly “local” cable company.
Problem: You’re paying $29.99 per month for premium channels you don’t watch. The company lured you in with great prices but have slowly increased that rate over the years.
Solution: Bring the rage. Call up your cable company and demand $29.99 or less for basic cable, $29.99 or less for basic telephone, and $29.99 or less for basic internet. Threaten to leave and speak with the “retention” people. Be firm and drop the services if you have to. I’m sure you can find someone else to give you a good deal. Besides, those phony cable companies will be falling all over themselves if you actually follow through with going cable free.
Get your house in order.
Problem: You bought your house in 2007 at a 7% interest rate. Or you’re student loan debt is way higher than a home equity loan.
Solution: On Saturday get mad at that ridiculous interest rate or those student loans and look into using a home equity loan to pay off your student loans or refinancing your mortgage to lock in the current low interest rates. These are small changes that could potentially save you thousands of dollars in interest.
Take on yourself.
Problem: You really suck. Up until now you’ve allowed your family life, job, and even the cable companies to take advantage of you. Today you need to point the finger (and it might be a middle one) right at numero uno.
Solution: Soul search about why you’ve allowed yourself to be a witness rather than an active participant in your own life. Take one thing that isn’t bearing fruit for you and drop it. Perhaps you have three blogs and only two of them are going anywhere. Destroy the non-performing one and never look back. It’s time to get really, really pissed at yourself. And then go to bed early and wake up happy.
Because in one week you’ve taken great action steps towards creating an amazing new life for yourself.
The following was a post by Experiglot regular contributor, Chris Thomas of FreelancePF.