One thing I experienced when i was not in good financial shape was that I had the tendency to deny my present situation. Just like in any problem, we must first admit that we have a problem. Don’t make some crappy excuse that you are going to be fine. I made that mistake.

Without careful and well planned financial direction – you will one day find yourself denying the fact that you are broke. It takes humility to admit. Learn to swallow your pride and face the music.

Being broke doesn’t mean it’s the end. It is the beginning. A journey to get out of debt, start saving and investing and living financially free.

One of my friends had a debt of 30 million pesos. He was just 30 years old when this happened. For five years he had to swallow his pride. He sold his cars, faced his creditors, humbled himself and worked really hard. He now has two jobs, juggles his time with his work and his family. He is on his way to financial freedom. This year his prayer is to be debt free.

Quit denying, be humble, cost cut, sacrifice, practice delayed gratification, start planning.

Face the fact: YOU ARE BROKE!