fantasma wrote:Look into what is it exactly that sidetracks you from progress and slowly change that.
If you do this every year....how do you make it different this year so that you can actually progress?
I believe there is three things that get me sidetracked and keep me from attaining my goals.
1)women... they are a drain on my finances. I am single again and I am about to quit looking and just deal with the fact that I am terminally single. I'm just going to be an old cranky geezer in the hills.
2)projects... I have a lot of projects around the house that I want/need to get done. These put a dent in the available cash for debt reduction. While debt reduction is important to me so is getting these projects acomplished. Some actually save me money in the long run. I know that in 2012 I put some on a Credit Card and some was paid with cash. I need to find a happy medium, and I hope I found it with the way I am now doing my savings. I think this will allow me to work on my projects without having to rely on my credit cards. I guess only time will tell.
3)monitoring... I've been a little lax in monitoring my progress. This is a habit that I have to break. I have two spreadsheets that spell everything out for me... I just need to learn to rely on them. I spent the time to create an amoritization type spreadsheet that has all my debt on it and every month I DO update it with current ending balances. (On some accounts I am ahead of schedule for desired payoff, and some I am behind schedule.) The spreadsheet then calculates everything down the line and I get an estimated payoff provided I stick to the plan that is built into the spreadsheet. I have also re-worked my main debt reduction / budget sheet. It's now a bit more user friendly and I hope that helps me rely on it more.
Any advice on how to change, I'll entertain and consider.