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4 Amazing Results of Knowing Your Why

“Hey, you know what you should do? You should sell your nice car, stop going out to eat, and slow down on all those trendy clothing purchases. Then your life would be much better.”

That statement all by itself sounds pretty crazy doesn’t it? So…what you’re telling me is that if I reduce my fun in three areas….my life will be more fun….? What nut-house did you come from again?

4 Amazing Results of Knowing Your Why

In my opinion, the above advice is sound, but there’s one important element that’s missing – it’s the person’s ‘why’. If they like their current life and have absolutely no reason to change it, then why would they? But, if you explain to them that if they sacrifice a few things for just two years, they could be amazingly wealthy for the next 50, you might peak their interest a bit more.

your whyWhat’s My ‘Why’? What’s Your Why?

For me, I always wanted to be wealthy so that my wife and I could have options:

  • to work or not work
  • to change careers without concern
  • and to provide our children with the best possible education

We’ve already gone through the hassle of working extra hours, paying down our debts (including our house), and investing heavily so that we can have these options.

  • Liz stays at home with little Addi
  • I enjoy my work that’s just 4 minutes from our house
  • Addi’s slated to go to a private school and we’re already saving for her college!

Life is good, and it all started with a why.

So What’s Your Why?

Is there something that’s nudging you to make a change in your life? Do you have a reason to make an about-face on your spending habits?

It could be that:

  • debt just stresses you out and you want to get rid of all of it so you can finally live in peace
  • you want an amazing retirement and don’t want to think about every penny at every second of the day
  • you want to put your kids through the best schools to give them a great head-start in life
  • or maybe you just have a heart to give, and instead of just giving your time, you’d like to give away thousands of dollars as well

Whatever gets your blood pumping when you think about it…that’s your ‘why’. And you’ll want to embrace it while you’re in the financial trenches, because it will absolutely propel you to a positive result.

The proof is in the pudding (whatever that means ;)), and I can attest that having a ‘why’ will affect your future financials in at least four ways:

1) You’ll Ask Better Questions

Today, getting out of debt is almost a trendy thing to do. You find a sale here and there, you take on a few DIY projects, and you might even call the cable company to get your bill reduced by $10 a month….but let’s be real. You’re not getting out of debt. You have no plan, you’re not making any tough choices, and you certainly aren’t asking yourself the right questions.

Sooo….what questions should you be asking?

When you commit to getting out of debt because you desperately want to stay at home to raise your child, you’re going to start asking questions like:

  • How can I save an extra $1,000 a month so we can speed up our debt snowball by two years?
    • Rent in a cheaper area?
    • Sell the $25,000 car with payments and buy a $2,000 car?
    • Stop eating out entirely to save another $400 a month?
  • What could I do to earn $1,500 extra a month, because that would knock off another three years?
    • Deliver pizzas at night?
    • Start to sell houses as a side-gig?
    • Blog about my crazy push to get out of debt and earn money from advertisers?

When you know your ‘why’ and you’re committed to get out of debt, your questions start big and get smaller so you can harvest every penny. When your ‘why’ is small, you start with tiny changes and stop pushing when the questions get uncomfortable…

If you want to get out of debt and get out fast, your questions have to make you uncomfortable.

Related: How I’ve Earned Over $75,000 With a Blog

2) You’ll Stay Motivated Every Single Day

Getting out of debt sucks. If someone says it’s fun, they’ve probably got some mental disorder and I would advise staying away from them. Put plain and simple, it’s easy to quit. Life is going to get tough and you’re going to lose motivation….that is, if you don’t know your why.

knowing your whyI’ve had difference spurts of paying off debt. One of them was soon after my divorce, and actually…my debt was from the divorce.

Every time I thought about my debt or made a payment to my ex, I felt like a complete and utter failure.

I hated it.

But I knew that the quicker I paid off my debt, the faster I could forget about my past and move on with my future. That simple ‘why’ kept me going And at a record pace too.

I mowed lawns, I sold cars, I wrote articles, and I spent practically no money. My ‘why’ pushed me to pay off $21,000 in just 6 months.

Find your ‘why’ and you’ll stay motivated too. Trust me.

3) You’ll Trade ‘Good’ Today for ‘Great’ Tomorrow

This is one that most people don’t think about, and actually very little people write about, but I find it to be absolutely true. When you’re committed to your ‘why’, you’ll trade ‘good’ today for ‘great tomorrow’.

What the heck do I mean by this?

At any given time, we get some good stuff that comes into our lives. I actually had a reader reach out to me the other day with a great example.

He said,

“I have the opportunity to purchase a 2br condo for $100,000 which
would be about $1,000 a month after taxes and HOA fees. I’d be saving
$400 a month and have a bigger place to live for my future.”

Sounds good, right?

  • He’d be building equity in a house,
  • saving money every month,
  • and he’d have a bigger place.

Sure, it’s good…but not great.

Owning a house means:

  • greater risk for large expenses
  • extra time keeping it up when you could be working harder on your debt
  • on-going maintenance costs and a greater temptation to buy all-things house related

Here’s great:

  • finding a rental for $900 just outside of town
  • selling your car and buying a beater
  • working extra and paying off all your consumer debt in just one year
  • buying a $100,000 house and paying it off in 2 years because you have no other expenses
  • building crazy wealth and helping others like no other

Basically, there’s always going to be a good deal staring you in the face, but unless you’re completely out of debt, that ‘good deal’ will only be a curse to you and continue to take you away from your dreams.

Pass up those good deals today and you’ll discover the great ones later. Trust me.

4) You Start Caring Less About Other People’s Opinions

Go ahead. Downsize your house, sell your nice car, and stop eating out entirely.

Your friends will either:

  • ask if you’re okay, or
  • laugh at you and tell you you’re a nut case!

But you know what? If you’ve got your ‘why’ and it’s important to you, then it won’t matter one iota. You’ll look at them, shrug your shoulders, and then walk away thinking about how you might make another $100 before the end of the month so you can hit your goals.

If you’re just playing around with your debt and people start to poke fun of you, it’ll be all over….and you’ll likely have your debt forever.

Find your why and your chance of financial success improves dramatically.

How About You? What’s Your Why?

Do you want to get serious about paying off your debt and finally becoming wealthy? Then it’s time to sit down and figure out your why.

When you finally do, you’ll immediately see the power in it:

  • You’ll start asking better questions that will get you out of debt faster
  • Your motivation levels will skyrocket
  • You’ll avoid stumbling blocks, even the supposed “good stuff”
  • and your skin will get so thick you’ll hardly even notice people are laughing at you

So how about you? Are you ready to find your why?

Battle of the Mind Money


My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. I could not agree more! When Mr. Adventure Rich and I have a clear “why”, our sacrifice and hard work suddenly becomes much easier and we are able to work together to our common goal with enthusiasm and excitement!

    • It just makes a huge difference doesn’t it?!!

      Thanks for commenting!

  2. I thought this was an excellent article for your viewpoint on debt and spending and it inspired me to reply. I just paid cash for a 12-year-old SUV for my son that looks like it was driven off a showroom floor for $4000; it was in excellent condition and under KBB value. I had a friend call me about to purchase a used $16K SUV for her daughter that was over $400 per month for 5 years! Luckily, she called me at the dealer and I could talk her down. Emotions get the best of you in the moment! I sat down with her and showed her how I purchased used cars for my family via the internet and how to use KBB to assure your “deal” is a valid one. That would have been a costly mistake she could not afford. You would never know the car I purchased was not new!

    As a multimillionaire myself, you see I still read these blogs! You hear the phrase, “don’t sweat the small stuff.” As someone who had a below average income as a teacher, my advice is to “sweat the small stuff.” I’ve never purchased anything from Starbucks, I never purchased a lunch at school (always brown bagged it), I have never bought a lottery ticket, I rarely go out to eat and still budget monthly. I left my job early because I wanted to. All the small stuff creates options. I just purchased a “brand new” used laptop at a pawn shop that was valued at $1000 online and I paid $280. I had a technology friend seek it for me and he talked them down from $349….took about 6 months to upgrade but I saved $700. Even though I could afford the retail price, I like compound interest more! Sweating the small stuff has helped me acquire the big stuff. I gave one of my cars to a young couple last week who needed cheaper transportation to better their lives. I would rather do that that have an endless supply of cappuccino from Starbucks!

    • Thanks so much for taking the time to respond, Jane! You are spot on with your efforts, and it’s obvious that your wealth will continue to grow!!

      Great job!!

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