Declutter Your Finances

Step 3: Explore Your Limits

Just as you only have so much space in your home, you only have so much money, time and emotional energy, Peter says. Credit card companies offer no-limit and high-dollar credit cards, giving you the illusion that you can buy on credit forever. You can max out on your credit cards, but Peter says you can also max out the time and energy you need to spend generating money to pay your bills. "Recognize and pinpoint your limits," he says. "You can continue to ignore them, or you can start to set limits for yourself."