15 Things To Do When You’re Tired of Being Broke

broke monopoly july 27I recently wrote a post called ‘I’m Broke (And I Don’t Care).’ It got well over 100 comments from readers on it and has been shared far and wide. 

I think it resonated with people because they’re tired of feeling like their self worth needs to be tied to the amount of money they make or that their choices to work with people with less money, or to take time off for fun are wrong. And maybe they liked knowing that someone they might have assumed always had money sometimes went broke. 

But since writing it, I’ve wanted to write this to talk about the other side of it: sometimes you are tired of being broke.

And that’s okay too.

Sometimes it can be fun to be reckless and a bit irresponsible and go on adventures, buy things we shouldn’t because it adds joy to our lives.

And sometimes there’s the aftermath.

There’s the non profit we wish we could give money to that we can’t. 

We aren’t able to pay rent or our bills and we feel mortified about it.

We owe money to dear friends who trusted we’d pay them back soon and we just haven’t been able to.

Our spouse or partner is breathing down our neck and needing us to pull it together. 

We’ve not taken growing our business entirely seriously, we haven’t gotten the help we really need to get and we find ourselves in debt, scrambling and feeling desperate. Even though we know that slow marketing is an approach that makes sense . . . we don’t have time for it anymore. We need answers and money fast. 

Being broke is okay – there’s nothing wrong with it – but, sometimes, you just don’t want to be anymore. And that’s okay too.

As easy as it can be to knock the constant barrage of teachers out there promising to help you get to six figures . . . let’s remember that six figures isn’t that much for a family. Depending where you live in the world, you may or may not have health care and most families are one major illness away from bankruptcy. There’s student debt, credit card debt, unexpected expenses, the mortgage, sending your kids to college and supporting them in their dreams and, of course, trying to invest in your business.

There’s nothing wrong with being broke, but there’s also nothing wrong with wanting to have your needs met and have your financial life feel sustainable and debt free. 

There’s nothing wrong with being broke, but there’s also nothing particularly noble about it. And I’ve seen so many friends almost brag about how broke they are because it gives them more anti-capitalist, social justice ‘cred’ but, in reality, they don’t feel good about it. It stresses them out. They’re constantly anxious about it. There’s a way that we can collapse about money and give up but we can also posture and pretend that everything is okay when it really isn’t. 

Being broke doesn’t make us more real, legit or ‘down with the people’. And having a lot of money doesn’t make us cooler, more successful or better. 

If you’re like me, you’re not interested in being a billionaire. Or even a millionaire. 

But I think most of us underestimate how much money (and creativity) it might take to responsibly create the kind of sustainable lifestyle we really want. I think because of our aversion to money most of us resist taking a real honest look at that.

Sometime we’re okay with skimming by and incurring debt – and sometimes it’s not okay.

And here’s another twist: making money can be fun. I just got off of a Skype chat with Mark Silver of HeartofBusiness.com who is one of the hidden gems in the marketing world. He’s got about 9,000 people on his email list (like me) and is poised to be a million dollar business based purely on his slow and steady approach to business. Neither he nor I are particularly driven by making money but at one point he said, “You know, I don’t need to make that kind of money but . . . it’s kind of fun.” 

Making money can become a fun challenge. It can be a game. It doesn’t have to feel heavy. It’s one (of many) metrics we can use to measure our business growth and challenge ourselves like some people do with mountain climbing, triathalons etc. It has zero to do with your self worth. And, ironically, the more you realize that the amount of money you make and your fundamental self worth have absolutely no relationship . . . the more fun making money can be, because you’re no longer taking the ups and downs personally. 

If you’re in a place where it’s stopped feeling fun to be broke, then it’s time to move into to extreme self care mode and treat it like the minor crisis it likely is. 

Here are fifteen quick thoughts on the way out of that situation (and I welcome your additions to it). This list is far from exhaustive but it’s a good start:

  • extreme self care practices: this is a time to get into physical shape, meditate, journal – whatever helps you feel stronger, more directed, more full – do it. When you’re in a financial crisis, it’s easy to cut your self care out but it’s actually the most important thing to boost. The better you feel about your self the better you can do all of these other steps. 
  • clean up your home and office: nothing signals fresh start like clearing out a space. Do a massive purge and clean. You will feel amazing and full of energy after you do it. You will feel energized about handling your money. And, every morning when you wake up and see it, your environment will inspire you to stay on track. Clean it and keep it clean. 
  • eliminate what’s draining your energy: this is huge. There are likely certain people, situations and dynamics that are draining your energy and, when you’re in crisis, having your energy drained is not an option. It’s time to say ‘no’ to anything that is sucking your energy. This can be a time where you need to take space from certain friends and family. There are things you are ‘tolerating‘ that take so much more out of you than you can imagine.
  • stop wasting time: do you spend too much time on facebook, surfing the net, watching TV? Consider going on a fast from those things or giving yourself a hard limit of 30-60 minutes a day. 
  • ask for any money that is owed to you: do you have friends or clients who owe you money? This is a good time to follow up on that.
  • get a part time job: for some reason, this feels like failure to a lot of people. But it’s not. Sometimes you just need to get a job to tide yourself over. And sometimes people realize that being an entrepreneur isn’t for them. Which is a huge relief. I’ve seen a number of clients let go of their ideas about being self employed, go back to a job and watched them experience an immediate increase in happiness, financial stability and overall well being. Getting a job when you need it isn’t failure, it’s self care. And sometimes it’s just a matter of timing and you need to get a job and slowly build your business on the side until it’s at a point you can invest more. 
  • get out of any commitments you can to free up time: this is also huge. Are you on a board or committee that isn’t 100% filling you up? Are you volunteering somewhere? Look at where you’re spending your time and eliminate anything you possibly can that isn’t a 100% ‘yes’ to you. 
  • set a goal and create a plan to make money (and start with the low hanging fruit): sit down with a pen and paper and give yourself an hour or two to really get clear on what your goal is around money and how you can best achieve it. Is it to get a job? Do a major promotion of some product or service? If you fail to plan, you plan to fail.
  • set aside chunks of each day where all you focus on is making money and growing your business: it’s easy to make a plan and then not do the plan. Set aside time (one hour a day, four hours a day or one day a week) where all you’re focused on is making your plan happening. Allow zero distractions during that time – cell phone off. Social media off. Lock the door. Focus. Most people are blown away with how productive they are when they do this.
  • get support: this is so huge. Maybe you need to hire a coach. Maybe you need to get a friend of colleague who you can chat with once a week to stay accountable. Maybe you need to get some kind of to do list manager. Maybe you need to read a marketing book. Maybe you need to trade with a friend for web design. Whatever support you need, it’s time to get honest with yourself about that and get it. And you might want to consider therapy around money too. If this has been a lifelong struggle, there’s a good chance there are some deeper issues worth facing. Dealing with money issues might just be the most powerful personal development work you ever do. 
  • brainstorm on how to cut expenses: can you move to a cheaper place? eat in more? ride your bike vs. driving your car? Where can you trim expenses in your life? Most people would be shocked at how much they can save with a little thought and creativity. 
  • stop working on creating more free content: unless they are a direct lead into your products or services. It’s easy to want to keep creating more free content (like me here on this blog when I should be working on my Niching for Hippies program (#doasisaynotasido)). 
  • focus: speaking of niching – pick one and focus on it. When you’re in a crunch is not the time to try and ‘reach everyone’. You absolutely need to focus on something in particular that you’re offering to a particular crowd of people. And it’s a good idea to focus on just a few marketing approaches and really work them. Maybe all you do is public speaking. Maybe it’s all virtual presentations and webinars. Maybe it’s networking events or hosting events. Whatever it is, I wouldn’t have more than three marketing tactics you’re using. When you’re in a crisis, you need to focus. 
  • create a higher end product: My colleague George Huang created a six figure income in 72 days using five simple steps to fill up his high end coaching program. You can read about them here.
  • connect with hubs: And how do you promote and get clients for your programs and products? You need a way to not only identify but then keep track of potential partners and hubs you come across. Unless you want to be stuck at the ‘cold’ level of marketing you must start thinking about your hubs. And then I recommend connecting with one hub a day getting to know them, what they do, how you can help them and how they might be able to help you. Just ask them out for coffee or to skype to chat and ask their advice on how you should grow your business. 

What other ideas and insights do you have here? If you’ve gotten yourself from being broke to having money, what did you do? 

About Tad

  • Derek Rivers

    As at this the month last year my life was a mess i lost everything my wife, my job, my house and even my kids it was really bad that i had to go live with my father. First, i lost my job as a result of covering the bad things my best friend committed and there after everything fell to pieces. My family fell apart i fought with my wife always over every little thing i remember we fought over the fact that my credit card was declined a the shopping mall she was well aware of our situation, that is how i lost my job and all that. I think what made her most mad at me, was that i lost my job because i was protecting my friend. Then i started defaulting on my mortgage payment i could not pay up, i could not pay my bills every responsibility in my house was on my wife. She could not do it all alone she need me to be the man of the house and i failed her and my kids. I was ashamed to call myself a man. Then the worst happened, the bank took my house and my family were thrown out. Once again my wife just felt disappointed in me she could no longer take it she had leave me took with her our kids. I became a confused man with nothing to live for. I started drinking and smoking heavily to top it all i had to move in with my father. I had to listen to him all the time telling me how disappointed he was at me. It was like i was blacklisted by every company here in the United State no one wanted to heir me even with my experience and how good i was with what i do it was impossible for me to get a job i had to do odd job to fund myself and move around town. My wife would not even let see my kids she did not want me around them. She thought i was a bad influence on them. But i was given a reason to keep living by a spell caster named Obudun Magonata. He help me get a new job in my own field and helped me get my wife back. I must be honest here i was never a fan or believer of all this kind things that has to do with charms and spell i always thought they were sham. Obudun Magonata showed me the other side of spells the good side of it. I will count myself lucky to have found him and get this ironically, i found his address on the internet by chance. I was not even going through anything related to spell i was looking for jobs and then stumbled on a couple of comment about him and how he help people. I only called him when all my options failed he was my last card and he just clicked. Obudun Magonata cast a Good Luck spell for me and also a Love Spell to get my wife back. Honestly i gave him money to help me get the materials for the spell which he did. He did not ask i pay him for the service rendered. He told me his spell casting gift was free hence he help people for free. He also told me after i get my new job in two months i will be promoted to executive manager and it all happen all what he told me happen. He told me he was going to make my wife come back even when see started seeing another man and that this time she was going to be mine forever through any crisis. My family has never been this happy since Obudun Magonata help me repair my life with his wonderful spell. If any of you reading this want anything in this world that seems impossible to get, i will tell you to contact Obudun Magonata with this email spiritsofobudunmagonata@(yah oo). com i think and i know he is the quickest road that leads to where you find happiness and all the best things in life…rewrite this email in its real format to use

  • Justin Karissa

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  • Justin Karissa

    My name is Justin Kerissa and am from Trinidad…. I have been trying for 10 years to get pregnant and needed help! Been going to the doctors but still nothing positive happen. The doctor said me and my husband are fine , I don’t know where else to turn. Until one day I read how DR OGBIDI helped others get pregnant ONLINE… I decided to contact the great man via email () OR (.UK) and DR OGBIDI cast a pregnancy spell for me and gave me a 2months sure guarantee that i will become pregnant , and exactly 6weeks later I went to check and to my greatest surprise i was pregnant, i was so happy…… i can never forget what this great man did for me….. Thanks to Great DR OGBIDI who opened my blessings of conceiving , i want to use this medium to tell other women out there who is having pregnancy issues not to wait for years like i did contact DR OGBIDI NOW and be happy FOREVER ….+2347050203191
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  • Leslie Terri Em

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  • Leslie Terri Em

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  • Ellen Stifler Logann

    This is a fact that i know and every woman that will be reading this also know. We will do anything possible to keep or get the one one we love though we might go about it in different ways but what does it matter how we went about it all that matters, is that we get them. My now husband for two years was not always in love with me me he only saw me as this close friend and personal assistance. He was married to a very beautiful nice woman. I always prayed i would get to have a very happy family like the he had with his ex wife. You could fill the love and passion in the air just as you walk into their home. This ought not be be my story to tell but still i will because he is my husband now. After four years of their beautiful marriage, i say beautiful because they loved each other at least i know my husband loved her then. His ex wife out got really sick he developed stroke. It was really bad but he never left her side he always always there for her. He was always in the hospital with her day and night. I just though he was the bravest and caring man that i have ever know. And yeah, she got well but not all the way i mean she came back but not her love and affection. I don’t know maybe it was the sickness that changed her or she never really loved my husband and felt he was the cause of her problem her sickness and all the bad things that had happened to her since they meant. She gave him hell, she got mad at him over every little thing she stopped him form seeing all his friend and female friends and even made him fire me. She was obsessed with things like he was cheating on her and his friends are telling him to leave her. She was diagnosed and was free form psychological break down. I don’t know she just developed hatred for my now husband. She constantly threatened to take everything form him his house, constructing firm and even with that he still loved her. He would complain to me all day about what’s happening telling me how he wants to fix thing between him and her even when it became really bad that they no longer shared the same bed she would not let him touch her. I thought it was my chance with him but i was fooling myself because yeah i told him how i felt for him and i thrown myself at him but it did not work he still wanted to be with his wife. He live like that with her for one year. I loved him and he was suffering i wanted to set him free from her so i contacted a powerful spell caster Obudun Magonata to help me make him love me. He asked me to get some materials which was hard for me to find because i would have had to break many laws and got my self in trouble so i just wired the expense to him and after four days my wise came true he loved me just as he love his ex wife i was the apple of the eye just like how he was the apple of my eye but Obudun Magonata told me that his ex wife would let let us be and she will frustrate our love until we give up and just as he told me it happened he wanted 70% of everything my husband had and the court was already in her favor plus she was from a very powerful family. That brought another problem he was ready to loss all he had for us but still he did not want to loss them but thanks to Obudun Magonata He helped use with another spell that made her drop the case and just signed the papers to let use be together. I t was mind blowing what Obudun Magonata did for us it not just as you read now it was so supernatural. Even before i had my first child he told me that we will last forever till death because of the two kids i will bear for him. Its also coming to pass i have a 2 years old son and i am pregnant for the second child now.Only those like me who Obudun Magonata have helped knows how powerful he is. Only him can solve the unsolved if you need his help use this email (spiritsofobudunmagonata@ (YAHOO). COM) rewrite this email in the standard email format to use