I was asked today on the phone – “How on earth do you think you are going to pay off £126000 in the next year and a half?”
The answer is – “I don’t” – I am focusing on much smaller amounts ……………. why? Because the number £126,00 is too darn scary to think about!!
It was the same when I was battling my way out of debt – if I had focused on the £10,000 I would have sunk under the weight – instead I elected to focus on getting up every day and finding the next £10 and the next and the next.
And the Universe played along – I cooked dinner parties for people, I baby-sat, I knitted, I sewed party dresses and too many tutu’s to contemplate . I learned how to trim my costs, I stopped eating out and cooked at home, I rationed the use of my car, I walked a lot and bit by bit I saved up the next £10 and the next £10 until one day there were no more ten pounds to find.
Its probably best explained from one of my first posts:“OK – I confess it – I’m a Wuss!!!!
I woke up at three o’clock this morning in a terrible sweat – one of those “it’s 3am, I’m in a panic and there’s no-one to talk to” moments.
I was panicking about “My Big Number!!!!!!!!!!!”
how can I put it ??????????????
IT’S TOO DARN BIG!!!!!!!!!!!!!!!!!
I mean £126,000 is one big number!!
I knew that there was going to be no more sleep until I had sorted this in my head – I needed to create a way of looking at this number differently – so that it doesn’t terrify me so much that it literally paralyses me and stops me from moving forward.
So out of bed I flopped and grabbed a pen and pad. Time for a game of “What If?”
WHAT IF? …………………… I look at this differently? What if I look at smaller numbers?
10,000 x ? = £126,000
What if I look at this challenge as being 10,000 lots of £12.50 instead?
Can I figure out a way of making £12.50 and then keep going until I have done it 10,000 times?
YES I CAN
1,000 x ? = £126,000
What about 1000 lots of £126 instead. Can I figure out a process to get £126 and do that 1000 times instead?
YES I CAN – OK!!
100 x ? = £126,000
Is there something I could do that would pay me £1260 – and could I then do that 100 times?
ACTUALLY THERE IS……. Mmmmmmm?
OK the big one ………….
1 x ? = £126,000
What would you need to do, to be,to have to sell one great thing for £126,000?
……………. anyone need a Hit Man???? This one is still a little bit beyond my comfort zone I think (but being a woman I reserve the right to change my mind later on).
What size of number am I happy to be working with right now? I think the number in the hundreds fits me best at the moment. A £126 target instead of the big Number, I’m happier with that.
So the journey begins with the first little step.
I’m off to find my first £126″
BTW – that £126,000 target that I set at the beginning of Year one – well midway through year two I was supposed to be at the point where I had my plan in place, my new products all planned, my youngest at school and a livable budget in place and tested.
I am there – with bells on – in fact I even threw in building a decent emergency fund into the mix ……………. and I have totally reached 50 of those £125 targets already – so only 950 to go then LOL
But the point is – I am on target – its a big scary one but it within my sights and I am not taking my eyes off it until Christmas Eve 2015 – I realise that I am in for a pretty hair raising year doing lots of things that scare me and take me way out of my comfort zone.
But face it – if I had wanted to stay safe and cosy I could have stayed on benefits and muddled through somehow!! ….. I have a massive goal and it will take massive effort …………………. but in reality the most difficult decision was the one I made the day the Bank shut down my business ……………. that I was “Down but not out”.
So if you are staring at a massive big financial challenge – why not take s few minutes and calmly sit down to think about what number you can focus on that doesn’t scare you ……………. and them tomorrow you get up and do whatever it takes to get to that number as quickly as you can. Because of you can do something once – you can totally do it again.
Now – I am offline this evening chatting to a tame techie in the states who is going to talk me through setting up some “real-time graphs” which will help us chart MY progress through my plan – ticking off these little targets as we go.
Remember – as I step into the Frugal Plus part of the challenge (where my day to day focus is on generating income rather than just minimising expenses) its not because I’m clever, or smarter or any of those things ……… Its more a sneaking suspicion that it can be done ………………… and if we can do it once (Me) we could do it again (for you).
So plenty of frugal living to keep us on the straight and narrow – but every now and again we can dip into the other part of the challenge for your amusement / delectation / and input LOL. Even if you decide its not something you ever would contemplate I hope there will be some lessons we all learn along the way.
So tell me – honestly!! …………………….. what is YOUR number??