Thought for today: Debtors in their denial are irrationally optimistic. They are above worrying about money – that is for mere mortals. We need a Spending Plan that includes a Savings Plan. DA Tool 5, Spending Plan: The spending plan puts our needs first and gives us clarity and balance in our spending. It includes […]
Continue reading →Thought for today: A Spending Plan* is not a budget. It is a tool to avoid vagueness around our expenses. If our disease tells us that we want to avoid knowing where our money is going, our Spending Plan offers clarity. It is the antidote to financial vagueness. A member shares: “Before DA, I kept wonder, “Where is it going? I […]
Continue reading →Thought for today: At the end of our Pressure Relief Meeting we will want to schedule our next one, usually one month into the future. In between, we will continue the daily practice if tracking our numbers, gathering useful perspective along the way to help measure our progress. A member shares: “Doing my numbers has […]
Continue reading →Thought for today: After our Pressure Relief Meeting is over, and we have a new Spending Plan and an Action Plan for dealing with our debts and our life, we will be on course to grow in solvency. Our Pressure Relief Group has given us honest feedback about our current situation and we are now becoming […]
Continue reading →Thought for today: For debtors, pressure builds up over time. It comes from not understanding where money is going, feeling out of control. Pressure Relief starts to come when we understand what is causing pressure. Writing down a list of all of our expenses serves as a beginning, but what do we do with the list we have […]
Continue reading →Thought for today: Getting rich the program way is not about luck, or leveraging debt. It is about setting up circumstances where wealth is more likely, where your needs are taken care of first. We all know that riches aren’t measured purely in money. That’s fantasy. And circumstances like illness or caring for others can […]
Continue reading →Thought for today: A member shares about how DA helps them develop action plans: “Sometimes I take on too many commitments. It’s like I need to de-clutter my to do list! I am learning in DA to delegate whenever necessary, and not do for others what they could do for themselves. “I also ask myself […]
Continue reading →