What do you do when you start to lose motivation?

James240

everytime i lose motivation i always come on here and post because i know i will get a good kick up the backside to motiuvate my self especially from Jamiedodger :rotfl:

why dont u start up ur own debt diary to give ur self some motivation like i have done and then u can keep track off all the hard work that u are putting in

ms_london

Despite being debt free now (although I am currently saving hard, so applying the same methods!!) I did ocasionally lose motivation. I am 25 now and yes, have spent half of my 20's in debt (well some spending the money, the other party paying it back!!), but at least you have learnt your lesson early on, and can go into your 30's having learnt SO much, perhaps things you would never have been aware of if you hadnt have ended up in debt!!

Most people who live extravagent lifestyles cant afford it, and I doubt whether it is all paid for within their means - just remember that you are doing the right thing and it wont be long until its over and you will have SO much money to play with (or probably save) each month!!

Come on here & whinge away if you feel like it - thats what we're here for.xx

reformedspender

I'm sorry it's all getting you down. I'd have to agree with Scottishspender: Alvin Hall's book worked its magic for me too. It made me realise that many of the people around me with nicer cars, clothes, home furnishings and so on were probably funding it all on credit. Factor in regular treats. When you reach a landmark - like paying off £5,000 - then celebrate with a bottle of bubbly or by going out for a meal. A proper treat makes the frugal times more bearable.

Kevicho

ten things i like to do when feeling down

1) Revise - think of all the extra money i could be earning when ive finished
2) Play geetar - badly
3) General Internet
4) Do some of my work
5) Post on here
6) Film/Tv
7) Look at my sig, see the money disapear (edit i meant to put debt but that works as well - gives me motivation)
8) Daydream about october when ill not be in this mess anymore
9) Play games on PC
10) Feel good in the knowledge that i am indeed, truly excellent, despite what any bank would like to think

Peppa_Pig_5

I agree with skintchick. I am also in my thirties and spent all my twenties getting into debt. So well done with clearing your debt in your twenties. When I get a bit down that the debts are not clearing fast enough I tend to look for more things to sell on ebay. It's a wonder there is anything left. I also tell myself that I will have all that money spare every month when the debt is clear and that cheers me up. Also, thanks to Jammiedodger, I have a signature and update it as often as I can.

youngandreckless

I too worry about looking back at my twenties and feeling miserable about debt etc. so I now save all my "me" cash for going out with my mates - even if its just for a couple of drinks - so that I'll have as many good times as possible to remember. Try and squirrel away a little bit of treat money and then make it go as far as possible, I've suprised myself with how far my cash can go when I put my mind to it!

You_Don't_Own_Me

The £2 club sounds great, thats if you would not be tempted to dip into them. Since Jan 2006 mangered to save £11.23 in two's & one's. Just get a jar and throw all the change in it. You will be amazed how quick it builds up.
My father In law every year gets a new jar and puts in all the money he finds lying in the streets. Then every boxing day he counts it up £47.53 last year. He loves the way the youth of today just throw there change away.

Kevicho

You_Don't_Own_Me wrote:

The £2 club sounds great, thats if you would not be tempted to dip into them. Since Jan 2006 mangered to save £11.23 in two's & one's. Just get a jar and throw all the change in it. You will be amazed how quick it builds up.
My father In law every year gets a new jar and puts in all the money he finds lying in the streets. Then every boxing day he counts it up £47.53 last year. He loves the way the youth of today just throw there change away.

I dont throw change away and i think picking ones and twos off the street looks bad, but when you put it that way its not a bad idea

margaretclare

Hi all

Well, I just paid off the Cahoot fixed-rate loan. At this moment it is showing as 'account closed'.

It was due to run until next March at 6.9% and we were paying £262.05 per month. Now it's paid off I've saved all that interest.

I've been saving hard to pay it off, then I borrowed £1500 from Mint at 0% and added that £1500 to my savings - final settlement figure was £3404.10. I've got the Mint card at 0% until October and also £4500 on my Egg card at 0% - the Egg money is being 'stoozed'.

This is the first time I've been debt-free (apart from Mint and Egg at 0%) for decades. So you young things, keep at it - you'll be glad you had your 'light-bulb moment' so early in life, you really will. What I wish is that there had been the amount of help and advice around years ago that there is now - I'd never have got into some of the messes I did get into. But it 'wasn't the done thing to talk about money'!

Aunty Margaret

scottishspendaholic

This thread is in the Martin's Weekly Tips - yay stardom!

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1139938649,25943,

scottishspendaholic x