Diligence is often an overlooked characteristic. If you want to meet your financial goals, you must be diligent! If you want to meet your exercise, weight or career goals, you must be diligent.

When it comes to finances we all hope for a large blessing to help us get out of debt or establish a savings fund. It rarely happens.

It is much better to make a plan and set aside a reasonable portion to pay on your debt and build up your savings.

Then we have to be diligent. The beauty of diligence, and persistence, is after a while the money works for you! As you pay down debt the interest amount charged to the balance also goes down. As you put money in savings, the interest paid to the account makes the balance go up.

It’s like the old question, “How do you eat an elephant?”

The answer, “One bite at a time.”