Week 15 : Spruce Up Your Direct Debits

13 07 2008

It is immensely enjoyable re-visiting this challenge for all sorts of reasons. First and foremost I’m more than happy to share the knowledge, which is available from many different sources as is health & fitness, how to start a business, quit smoking, lose weight, shape up, set goals etc etc. 

What is fascinating is that EVEN WITH the amount of knowledge and information available on an enormous range of topics, the fundamental problems still exist in their millions. The simple fact is, even though people KNOW that this sort of approach works, very few will EVER take up the Challenge themselves. 

 

WHY? Who knows, but what I do know is that if you simply take the time and effort to really understand how this formula works, then you will be able to move forward in life to places you simply never knew existed before. If you truly understand the power of this Control Freak formula you would understand how powerful UPSIDE DOWN PROPERTY DEVELOPING can be and you would begin to realise that your current situation is nothing other than the results of your past and has nothing to do with your future.

 

This week is all about checking your Direct Debits, Standing Orders and subscriptions to things you have probably forgotten about. I mean do you really need that subscription to “Fly Swat Weekly” — just because you have every copy since it began and maybe if you finish collecting each copy you will have a priceless collection to go to auction some day and sell for at least £100 or so! Check out alternatives to gym’s golf clubs, football tickets, pottery classes and slimming clubs ( that £5 per week to sit in a dodgy village hall would pay for a gym membership complete with swimming pool & fitness schedule.)

 

Check every single debit from your bank accounts each month, add them up and then ask yourself one simple question:-

 

Is it a WANT?

or Is it a NEED?

 

For reasons of sanity, I have imported all Blogs ( Pay Off, Women Invest Too & Goal Setting, Motivation & Action) into one at the I Believe Blog:-

Pay Off Your Mortgage & Goal Setting Blog

 

The Blog includes a pilot 10 minute Podcast on goal setting. The reason I mention this within this post is that the first time I stumbled across Goal setting was at the start of my own Pay Off Challenge. It is also the reason in my opinion why the vast majority of people, despite being shown a way to Pay Off their mortgage will simply never even try. It all comes down to one thing …. setting a goal and knowing that it is part of the bigger picture of where you want to be in life.

 

For the Pay Off Your Mortgage Challenge this week, I would expect most people to be able to reduce their Direct Debits and Subscriptions that they do not actually need by at least £ 60 per month.