Do What You Can

Do What You Can

Do you have debts that feel hopeless? Do you neglect having a savings account because you don't have any money at the end of the month to make it even worth your while?

If this is you, I want you to look at the following quote:

    The greatest of all mistakes is to do nothing because you can only do a little. Do what you can. - Sydney Smith

Let's look at this quote now in the light of our personal finances. Many people I talk to don't pay extra on their credit card debts or don't start a savings program because they feel they don't have enough to contribute that would make a difference. But I want to challenge that thought process. Doing a little has a much greater impact on your finances than just the elimination or accumulation of some dollars and cents on an existing bill or savings account.

For example, if you have no savings account for a rainy day, it is important for you to start one. The first step is to set a goal that you are going to create a savings account. The next step is be to determine how much money you can contribute each day, week or month. Now here is where many people suddenly give up. If they only find $5.00 a week to spare or some other small amount, they do nothing. This is a big mistake.

Here's the catch! The amount is NOT the issue. The action of doing is! Have you ever thought of the ramifications that such an action might lead to? No matter the amount you set aside each week, the fact that you do set something aside begins to form a habit. It is the habit of saving on a regular basis. It is also a great starting point for bigger and better things. If you can save $5.00 a week this month, what can you save next month or even next year?

Also, the habit of spending money will take on new meaning. No longer will $5.00 be a meaningless purchase to you that previously was so quickly and frivolously spent without thought. You will be more conscientious when you spend and on what you spend your money.

This practice will also improve your self-discipline. Paying yourself before you pay all your bills and other expenses (that will always be there) will give you control over your money that you probably have never known. It will give you greater self-confidence that even though the amount is small, you are taking positive action. This establishes a valuable trait, which supports the simple money management theory of living below your means.

So if you find yourself with more month than money and no savings discipline, I encourage you to start today. Go get $5.00 from your ATM and make a deposit to your new savings account. Mark this appointment on the calendar every week for the rest of the year. Never miss the opportunity to develop and support this rewarding habit, no matter the amount. Just do what you can! But do it!

ęBy Doris Dobkins Looking for more ideas to get out of debt, save money and improve your finances? You need "Get Out of Debt Now!" guaranteed to teach you the step-by secrets of frugal living and smarter use of your money!

By Doris Dobkins, Author and Publisher of the Best Selling Home Study Course on the Internet! If you are in financial trouble and need some direction, get your copy today of Doris Dobkins's frugal living home study course "Get Out Of Debt Now! Secrets To Financial Security." Click here now:

Customizable LEATHER SPINSTER WEAR tshirts
Have more to say about being single and female? Say it on your tshirt!