It seems to me that one of the biggest deterrents to taking control of one’s finances is that it takes some work. Most people really dislike change, in large part because change can have some icky phases in the process. (Contact me and I’d be happy to e-mail you some great information about the process of change.) Often times, we do what we do simply because we’re used to it, whether it’s good for us or not or working for us or not.
Starting a new exercise routine is hard. Dieting is hard. At least, it’s a lot harder than the alternative. It’s a lot easier to just sit on the couch eating potato chips than it is to run on the treadmill and then slice up some fresh fruit to snack on. Well, managing and taking care over our finances can be hard, too, compared to not managing them. It’s a lot easier to just spend wherever we want, whenever we want, as much as we want. But, of course, those choices aren’t without consequences… If we sit on the couch and eat potato chips all day, every day, our health will suffer greatly in time. We won’t look good and we won’t feel good and it will be MUCH harder to repair all the damage we’ve done to ourselves than it would have been to work out and eat healthy in the first place. The same is true of our finances. If we spend without any thought or without any plan, our financial health will suffer greatly, too. We start to get behind in our payments and maybe start to rack up credit card debt to try and bail out our sinking ship and it gets MUCH harder to get our finances back under control.