I know, I know…you’re thinking – well of course getting out of debt is hard.
But here’s the thing: It should be easy as there’s only two steps involved to get out of debt:
Spend Less Money
Make More Money
I know I’ve mentioned this theory before, but I gotta tell ya, it’s not working so well for me and I think I know why and I’m here to admit it - As one reason I wanted to post here was to publicly embarrass myself to do better – I lack focus and patience with my little projects with making money online. I try something for a few days or weeks and then move onto something else. There’s so many things I could do or try - so I try tackle them all and get nowhere with all of them, which is discouraging to say the least, and which is why I haven’t been around the past few days….
Yes, I’m still looking for a job with one eye, but I’d lie to you if I said it was my top priority as I have had some luck with making money online and want to continue with this program but I look at the calendar and it’s March already and I’m impatient and do not want a year of nowhere..I want to look back at the year and and know that I’m on track towards debt freedom. I’ve got about 900 days still, so there’s still time to redeem myself.
So. I’ve been thinking. These past few months haven’t been a complete wash as I’ve learned some things in how to get free traffic to sites with google and how to go about it. It works – as you saw with my little test with the litter boxes I made you all suffer through
For the time being, this will be the last of the write what I want and rattle on about nothing posts. Instead, I’m going to dedicate this month (or so ) to writing more about finances and on topics such as bankruptcy, or debt consolidation, or what banks offer what services and how much. I might even do a bit of research even before I start to just type randomly, like I’m doing. Heck, I might even learn a thing or two. 
The goal is to have this site offer more value than what I’ve been offering and I’m also going to make more of an effort promoting this site. Debt reduction and getting out of debt is a competitive topic, but it’s a challenge and I have had some limited and surprising search terms find me and now I need to get working so that more and more readers visit this site.
I also need to get back on selling the stuff on ebay. I was all gung-ho for a while, but it’s easy to fall off the wagon and there’s lot of reasons Let’s see: part with stuff, I’d really rather not to only get pennies on the dollar for and then I have to wrap it, pack it, mail it, insure it and fill out customs forms. Buying is way easier. You bid, you buy, the stuff shows up. There’s also the resistance you make up on your own and really - and with a lot of things – once you get going , it’s not too bad. I don’t miss my extra iPod I had, and I was able to toss another $100 or so towards the debt. I have lots more ipods and other stuff. I know for a fact that I’ve got a few things to sell.
I read a book this weekend about why resolutions fail: You say you’re going to exercise more. What’s more? Is going to the fridge for another beer exersise? No, but I suppose you could argue that it is, but the ‘exercise more’ goal is too vague. The goal needs to be tighter.
My mistake so far as been starting this site and saying I’m going to get out of debt in 1000 days. Not a bad start, but I need to tighten it up some. How am I planning on reaching that goal? What’s my goal for March, or April, or six months from now?
I want to be making $40/day in new income from this site (or others I’ve got) by Canada Day- July 1. That’s 4 months away. It might be tight to do so and I might fail spectacularly but I’m going to give it a shot as $40/day knocks the debt down on time.
How? I’m going to write 50 articles (to start) on getting out of debt or personal finance that are actually useful, and answer a question – such as my Bank of Montreal Locations post, which gets some search traffic. That post took me all of about 2o minutes to write and it will work for me forever. How’s that for a return on your investment? And if it’s a dud – I’m out 20 minutes. I need to do more of that. And even if the 50 articles are a bust, it will be valuable content to this site.
Theres’s a plan BTW, I’m going to pick ten topics and write five articles each I think. RRSP’s might be one topic, tax sofware might be another and timely topic to investigate, maybe I’ll dip my toe into creditcards a little later too.
The far away goal is to have a $100/day income from this site and others. The goal for 1000 days is to have this site alone count for the $100 days. Ultimately I want to turn this around - not only to be out of debt in another few years, but have the fact that I recorded my debt freedom journey to be my new source of income. It’s doable, I just need to work on promotion more. As much as I I appreciate my family and friends dropping by to this site – it all comes down to more traffic. More traffic equals more money and I’ve got to keep my eye on the prize which is more value. I’ve prattled on about it long enough, so now it’s time to get busy and take action.
For the ebay project: I want to apply myself for one hour per day to eBay activities. Heck, it’s only one hour. I’ve read (and agree) that batching your tasks is a great way to get things done and applying one hour to my project might help make me some more funds to get out of debt , and also get rid of lots of stuff which isn’t needed or missed.
And that’s the news. I’m looking forward to sharing with you what I learn.
Hopefully, getting out of credit card debt will become easier the longer this little journey takes me.
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