Stop Giving Yourself Financial Cancer
What’s the worst thing you can do for your body that’s legal? Almost everyone will think of smoking immediately. Smoking is the worst. Other that the Vice-President of the United States, there isn’t one person in the world that doesn’t know that smoking is really bad for you.
Everyone knows that if you smoke you are going to have a much better chance of dying prematurely and your risk of getting cancer is increased exponentially.
Not having a budget and not living within your means is the exact same thing for your finances as smoking is for your body. The longer you live that way, the greater the chance that you’ll never recover.
Think of it this way; remember when you were a kid and it was really cool to smoke and the girls loved it and you were the best? It made a bit of sense to smoke, because it looked awesome! That’s the same thing as spending beyond your means. You look cool right now, because you do all this awesome stuff and have all this awesome stuff. In the beginning it’s great. But then this keeps going on and you start to stink all the time and your hands, teeth and skin start looking brutal, you develop this disgusting cough, you can barely walk up a set of stairs and everyone starts to judge you, because what used to be cool is now the most uncool thing in the history of existence. You’re slowly killing your body.
If you quit today, which you know you should, you can slowly get better, but it’s hard. You’ve lived with this bad habit for so long that it’s hard to break. Sometimes it feels so great and you’re addicted to it and that’s totally ok. Most people try to quit cold turkey and that usually fails. Having some help and doing it slowly will make it easier.
This is the same thing with money. The longer you wait to quit these bad habits, the harder it will be to develop a healthy lifestyle again. You’re slowly giving yourself financial cancer and I urge you to take some steps to starting to quit this brutal habit as your future self will thank you. The sooner you realize this, the easier it will be to recover. It won’t be easy and it could take years, but that’s better than the alternative.
Some people quit cold turkey, because they have no other choice. They have hit rock bottom. Their doctor says they will die if they don’t quit and that’s usually enough incentive. Some people wait to call someone like me until it’s gotten to a point where they have run out of every other option. It’s either bankruptcy or quit. If you’re on your way to that point, please don’t wait, because it gets harder to get back on track every day that you wait. It’s ok to ask for help and it’s ok to be in this position as that’s how society has set things up for you. You are not alone and I assure you that a lot of people that you think have it all figured out don’t. The one difference is that everyone can see who smokes. Most people with a lot of debt don’t walk around telling people how bad of a financial position they’re in. They’re probably actually telling you the opposite. Just like smoking used to have ads everywhere, this whole system is designed for you to fail at this financial game.
You’re marketed to at every moment. You see your peers doing a whole bunch of sweet shit on Facebook and Instagram. Every single financial institution wants to lend you money at an extremely high rate. That fancy car seems affordable. That bigger house is only an extra $300/month. It looks awesome to have the best stuff and outdo your friends, but at what cost is this coming? You’re slowly developing financial cancer and one day you will be fucked. I’ve seen it a million times and I get it. It’s nothing to be embarrassed about and if that’s what’s holding you back from talking to someone, I urge you to stop caring about your pride. I’m not here to judge, I’m just here to try and help.
I don’t have some magical formula that’s going to make this easy, but I can help you to try and break the bad habits and show you some things that should make your journey toward financial health easier.
You have to want to help yourself and this is the first step. Once you quit smoking, then I get you on an exercise program, so that when you’re the 60 year old guy on the beach, you feel good when you pull up in your Mercedes and take your shirt off.
There are also a lot of great blogs and resources online that give advice for budgeting and saving exclusively. One that I recommend you check out is CanadianBudgetBinder.com
I’m always here to help, so if you need anything, please don’t hesitate to contact me. Everything is obviously confidential and I will never judge you for your bad habits.
I smoked for 16 years and loved it and am not as good of a saver as I could be.
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