How to Get Control of Your Money and Start Living Again

control of your money

Because you are in control of your life. Don’t ever forget that. You are what you are because of the conscious and subconscious choices you have made.

– Barbara Hall

“How did I end up here?” I thought as I looked out the window of my run-down apartment to see a victim of a drive-by-shooting lying on the sidewalk, bleeding. My life couldn’t get much worse than this.

I was twenty-five years old, divorced, and could barely afford to live in a not-so-decent neighborhood. I was broke, alone, and unhappy with my life. I knew I needed to change, and I was the only one who could make it happen.

Fast forward 4 years later and I’m completely out of debt, running my own business, and found someone who makes me happier than I’ve ever been! Here’s how I used a simple thing like money to regain control of my life, and how you can get control of your money and your life too!

Define What Freedom Means to You

What does freedom mean to you? This is something each of us has to figure out for ourselves, but for the most part, it includes a sense of liberty and having control over our own lives — our destiny. Whatever it is that you’re “sick and tired” of, is likely what’s holding you back from reaching the freedom you seek.

For me that “thing” was debt. No matter what I did in my career or within my relationships, my problems always boiled down to money. Not having enough of it to pay my bills, and the constant nagging of owing creditors payment.

Once I realized that sending money to the credit card companies and banks was hindering me from reaching my full potential, I was hell-bent on changing it. I no longer wanted a financial institution to dictate the type of job I had to have (one that paid well!) or how I spent my money.

Reaching freedom meant I needed to be free from debt!

Create a Plan to do Whatever it Takes

Like any other addiction or life-altering change, getting out of debt is tough. It takes discipline, hard work, and absolute dedication, but if you really want to change your life, you’ll do whatever it takes.

I created a goal to pay off my car loan and credit cards (totaling over $14,000) within the next 18 months. This would mean I’d have to pay to make payments at the rate of $800 per month. So I renewed my mindset about money, and whatever expenses weren’t needed to survive, were cut.

My previous life choices put me in this state, so I had to take responsibility for that and do everything I could to get out of it. After I cut back on all non-essential spending, I got a second job at night and on weekends to increase my income. I worked seven days a week, from 8am to 10pm for months on end, and thankfully, started seeing my debt decrease pretty quickly.

With each extra payment I made, the motivation to work harder and pay down debt faster was renewed. As was my confidence and the belief within myself that I could set any goal and obtain it.

Surround Yourself With Successful People

During the year I was paying off debt, I interacted with tons of other people who were working towards the same goal. And seeing the success stories of other people going through the same situation was the kind of motivation I needed to keep going.

I didn’t have that sense of support at home (since my family thought I was a complete screw-up after my divorce), but this group of supporters understood what I was going through. Having that sense of community helped me realize there were people who were genuinely interested in my success.

My feelings of being alone disappeared and the encouraging support I felt from my community was the extra boost I needed to pay off my debt within 14 months versus the original goal of 18 months.

Before planning a goal to change your life or create new habits, you must find a supportive group of people to help you along the way. I know for a fact that I would have quit pursuing my debt-free goal if the successful people around me didn’t send encouraging messages and thoughtful emails.

Regain Control of Your Money and Your Life

When you set out to change your life, it doesn’t happen all at once. It’s the daily steps and changes you make that have the biggest impact. And when you start changing one part of your life (in this case it was my habits with money) it spills over into other areas.

Once I paid off all my debt, I was able to start saving and spending money how I desired. This allowed me to hire a business coach who enabled me to quit my life-sucking job and start my own business. Each good habit created a snowball effect, and through it all I learned how to live and love again.

What’s your money story? How can you use it to change your life for the better?

15 thoughts on “How to Get Control of Your Money and Start Living Again”

  1. Thanks for sharing your story Carrie. My money story: Never had money growing up and getting out of small village to make money was hard when there was no support and no one believing in me. Agreed with you- that we have to find people that believe in us. I eventually found those people, who have helped me get to where I am today with my business. For me, money has given me the freedom to do what I love. Most important I appreciate what I have. Stories like yours motivate me to continue to take action and make my dreams reality. Congratulations on your success!

    1. I’m so glad to hear that you can relate to my story Veronica! It’s tough to find the courage to get out and create your own freedom, but I’m happy you’ve been able to do that, and to build your business. Thanks for reading and commenting. Congrats on your success as well!

  2. thank u for sharing ur experience.I live in a bad marriage where everything is controlled by husband his family,I fighting for my children, no controll over the running of house/ not able to find an outlet get out of the house make myliving,ur story is give me an insite to find my own group of motivating people.and go ahead in the life.

  3. This is great, Carrie, and I’m glad you got out of debt. It’s (almost) always one thought form or one emotional reaction that keeps us in that place of deficit…financial or otherwise. You had to have gotten yourself out of that spot, otherwise all the hours worked in the world wouldn’t have made a difference.

  4. I really like this story “How I Used Money to Regain Control and Start Living Again.” it is wonderful and I am convinced it works for everybody in real life situation. thanks for sharing really appriciate

  5. Carrie, profound article. My money story is simple. I worked like hell. Day time office job and evenings selling stuff to support my habits; buying things that I enjoy, from teapots to art, to books to cameras to sound systems etc. etc. But i made sure that I earn more than I needed. Had a bit of luck in real estate investments. Worked for a compnay which gave generous stock options……get a payout for retiring and i am happy.


    1. Thanks for sharing your story Stu, and I appreciate you taking the time to read and comment. We all have unique money stories to tell and I’m glad that you’re looking forward to retirement!

  6. I really like this story “How I Used Money to Regain Control and Start Living Again.” it is wonderful and I am convinced it works for everybody in real life situation. thanks for sharing really appreciate.

  7. Thanks for sharing your story. I really like the way you’ve gained momentum in your life by taking bold action. Money is something we need to be in charge of and with the right attitude it can help us have more choices not less.

    1. Very true Peter! Once you get that momentum going and start making bold choices, it definitely opens up more opportunities for our lives. Other areas start changing for the better.

  8. Great post Carrie, love the way you took responsibility for your situation and its remedy… after that its about persistence, developing new routines and habits and loving yourself enough to believe you’re worth it. Inspirational!

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