I’ve been talking more recently about the Power of Community.
For one, I’m convinced that two heads are mostly better than one. We may be sharp as individuals, but add three or four to the mix, you can really work some things out. Generally speaking.
Two – because I’m feverishly looking forward to the release of my new book – The Great Debt Dump.
I’ve given some advanced copies away, and the most thoughtful reviews are filtering in.
One in particular really challenged book’s premise; that dumping debt is more effective with a group.
The reviewer didn’t challenge it from a place of disagreement, but more a different perspective. Who wants to share your “dirty laundry” with friends and family?
I submit that’s exactly what we need to do!
We don’t know what we don’t know. If we’re not making progress financially, it’s time to try a new approach. With 76% of Americans living paycheck-to-paycheck, there’s a lot of progress yet to be made.
Dr. Mark Hyman (author of the 10 Day Detox) said that will power doesn’t work. He proposed the need to apply friend power. Accountability. That’s the Power of Community.
Staying stuck in a cycle of fiscally unwise decisions needs to be less appealing than keeping our financial state hidden.
Are we really hiding the problem?
Are we so sure our friends and family members aren’t having similar struggles?
One of the reasons I was so interested in starting this blog was because of my own experience hiding the mess we’d created. We erected a fabulous facade of productivity and got-it-togetherness. Actually, we didn’t even realize just how tenuous our situation was. There were just some things regarding personal finances that we hadn’t been exposed to.
Namely, that not living a highly leverage life was possibly and even preferable.
It didn’t make us bad people or incompetent. We just needed to break out of our echo chamber and learn about the possibilities for achieving and living a debt free lifestyle.
I wrote the book to challenge the notion that problems with money is a personal matter to be dealt with behind closed doors. The problem is too many are not finding adequate solutions to their problems because we’re not sure where to find help.
We can be the help we seek – when done in community.
Let’s start by getting out of debt. Let’s continue by establishing emergency savings. Let’s create a legacy by building wealth. That path becomes less obstacle prone when you build on a foundation of debt freedom.
I spoke with Elle Martinez of Couple Money Podcast recently about this idea of using the Power of Community to dump debt faster. This was a fun interview. Who knew dumping debt could make a girl giggle so. Enjoy!
So what say you, would you be open to sharing your financial struggles with an accountability team?
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