Jun

16

I Hate Being Broke

Filed Under Spending 

Well I haven’t written in a few days, and I thought I would write about being broke. It’s not something that we like, but it is a fact of life. The question is can we take something positive away from it once we get money?

Here is what I would like to propose to all of you that have debt, and are broke right now. Take this as a learning lesson. Lets break this down for a moment. When you have money in your pocket, you can easily spend it on things you think you need. When you all the sudden are broke you are able to somehow get by. It really comes down to having options.

Here is what I want you to do. When you get your next pay check or get money from somewhere, I want you to continue in the mindset you had when you had no money in the bank or in your pocket. Pay all your bills first, then buy groceries, then whatever you have left, put it in a jar, or put it all in a savings account. Make sure you have just enough for gas to get around for the next week or 2, and live broke!

This is going to accomplish several things. It is going to prepare you for when you really are broke, and it is going to teach you to live within your means. living within our means is probably the thing that gets so many of us in trouble and in debt. But enough on that. That for another day.

Comments

One Response to “I Hate Being Broke”

  1. J. Money on June 17th, 2009 2:02 pm

    I love it! not that fact that you’re broke, but living as if you *were* broke when you get money ;) it’s 100% about spending less than you make, and pretending your broke will def. help you to accomplish this!

    Now, we just gotta get you un-broke ;)

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