Skip to main content

Money Gal Coaching: How jealousy stopped me from building wealth

Kelly started Money Gal Coaching after paying down more than $46,000 in debt in just 20 months.
bookkeeping-615384_1920

Kelly Blodgett launched Money Gal Coaching with a goal of serving people who, like her, were burdened by debt. You can get her tips for paying down debt on a regular basis at Bring Me The News, in addition to the Money Gal Coaching website and Facebook page. Here is her latest story:

How many times have you told yourself that once you make more money you can start paying off debt, or that you could pay off student loans if you were making as much money as (insert name)?

Unfortunately, I know that feeling all too well and it didn’t do me any good. I was constantly making excuses as to why I wasn’t making progress or why I wasn’t further ahead in life.

I would blame it on my income or the fact that I didn’t have parents that paid for my school. But in reality, it was because I didn’t use the money that I was making efficiently. I was still spending tons of money going to restaurants or out on the weekends. I was young and I deserved that, right?

Looking back, if I would have dedicated a portion of my income to debt, I would have been able to pay off my student loans so much quicker than I had and, this is the important part, I would have had so much less stress about money. I could have afforded to make less money because I wouldn’t have had student loan debt and I wouldn’t have had to miss out on trips because I had to work.

When I was comparing my situation to those around me, basically having an enormous pity party for myself, I wasn’t able to make progress in my life.

Once I decided that it was time for a change I immediately saw a shift in my stress and the clarity that I had about money. I wasn’t making any more money but I was seeing my debt total decrease so much faster than I ever had. All because I was actually using my income to change my life, versus wishing I had more income or less debt.

When we stop wishing for things to improve our lives, we are actually able to see what we can do to live happier. Stop worrying about the new car your neighbor bought or your friend that is looking at cabins up north. This is your life, use your resources to curate your version of happiness.

Schedule a free call today and let’s chat. This is an investment into your future. Your future self will thank you.

Sponsored: Money Gal Coaching special offer for friends of Bring Me The News.

Disclaimer: Bring Me The News will receive a portion of the proceeds from readers who purchase a service from Money Gal Coaching via our articles.

Next Up

Marcus Foligno

Foligno's OT winner gives Wild fans a happy Hockey Day

A slow start gave way to the Wild's fifth win in the past six games.

snow

Winter weather advisory issued as Saturday snow arrives

Not huge totals expected, but any snow will likely impact travel.

Wilf

Report: Ryan Poles is Vikings' 'top choice' for general manager

Poles was one of two finalists revealed on Friday.

Payton Willis

Willis carries shorthanded Gophers to beat Rutgers

The senior scored a career-high 32 points to end a four-game losing streak.

MARCUS ALEXANDER STEICHEN

Charges: St. Paul man had sexual contact 'multiple times' with 12-year-old girl

Marcus Steichen, 21, is charged with first-degree criminal sexual conduct.

Screen Shot 2020-08-14 at 6.45.53 PM

Charges: Mom killed infant son just weeks after getting him back from foster care

The 10-month-old died in her care in Brooklyn Park last April.

Flickr - police lights squad siren - Edward Kimmel

Arrests made following fentanyl bust in St. Cloud

Authorities searched two St. Cloud apartments Friday morning.

potatoes 2

Minnesota's 'frozen potato freeway' closure attracts plenty of comment

It was, let's face it, a very Minnesotan reason for a freeway closure.

Screen Shot 2022-01-21 at 9.07.54 AM

U of M fraternity raises money for chef's knee surgery

The GoFundMe has raised around $1,700 of its $5,000 goal.

unsplash restaurant cashier register COVID face mask - crop

7 restaurant, bar groups sue Minneapolis over dining vaccine mandate

"Minneapolis bars and restaurants are being used as pawns..." the lawsuit said.

Screen Shot 2022-01-22 at 7.47.53 AM

Woman fatally shot in St. Paul's North End neighborhood

It's the fourth homicide so far this year in St. Paul.

Wild

Wild flip the script, dominate Blackhawks

Ryan Hartman scored twice to earn the first game of a back-to-back.

Related

BMTN 900x450 (44)

Money Gal Coaching: My why, and how a budget changed my life

Kelly started Money Gal Coaching after paying down more than $46,000 in debt in just 20 months.

BMTN 900x450 (10)

Money Gal Coaching: It's finally happening and we paid for it in cash!

Kelly started Money Gal Coaching after paying down more than $46,000 in debt in just 20 months.

BMTN 900x450 (32)

Money Gal Coaching: Start here if you're feeling overwhelmed with your finances

Kelly started Money Gal Coaching after paying down nearly $50,000 in debt in just 20 months.

vision board

Money Gal Coaching: 12 things to do at home that won't break the bank

Kelly started Money Gal Coaching after paying down nearly $50,000 in debt in just 20 months.

Family Dollar

Money Gal Coaching: 12 things you are wasting your money on

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.

credit card, payment

Money Gal Coaching: Bouncing back after living your best life

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.

Screen Shot 2020-12-04 at 11.00.30 AM

Money Gal Coaching: Habits of a millionaire, just in time for the holidays?

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.

Christmas presents

Money Gal Coaching: 3 holiday tips to avoid January buyer's remorse

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.