No more excuses for money problems
❚ Identify your money excuses ❚ Stop repeating them ❚ Make a fresh money start this year
decades ago, an awakening prompted by the early death of my father.
The ‘‘because I’m worth it/ because I deserve it’’ excuse is just as nonsensical as the ‘‘I’m bad with money’’ excuse. They are empty words. Everybody is ‘‘worth it’’ from the child in a poor home to the multi-millionaire.
The question is not whether you are worth it, but whether you can afford it.
That’s a tough question. We often interpret affordability as meeting the monthly repayments, which is a mistake. You judge affordability against your future need for the same money.
You deserve to be able to heat your home when you’re 75, but that doesn’t mean you will be able to.
The choices you make now, whether justified by excuse or clear-eyed strategy, will play a big part in determining whether you will be able to get your heating desserts at 75.
New Year brings a moment each year to draw a line under the old ways, and to do things better. Instead of making resolutions this year, stop repeating your excuses.
Many of the excuses we make for being bad with money are just lies we tell ourselves.