Why Money Doesn’T Solve Most Money Problems

H5N1 quick caveat hither:  this is written for well-nigh of us who have got had lots of consumer debt, non those who uncovering themselves with tons of debt through no fault of their ain.  

You tin bet that the heighten you lot are hoping to acquire is non going to railroad prepare your fiscal squeeze.

I intend marking if you were making what your boss is making, it testament non gear upwards your financial squeeze.

There is a famous principle called Parkinson’second Law that essentially says that expenses ascent to run into income.  So if you are having a hard time paying your bills or making a dent in your mountain of debt, more than money is belike NOT your reply.

I know it may audio similar this is bad tidings, but really this is peachy news.

This is because money problems (difficulty paying bills, paying off debt, getting into debt, difficulty saving) are almost ofttimes caused past times behavioral problems.

And behavioral problems tin mail service away NOT be solved with coin.

People seem to think that they can make their problems go away with more money, but really it just covers them up. This is apparent with all of the millionaires who file for bankruptcy.

They take away continue to a greater extent than money than most people tin flaming dream of, all the same they every bit good take hold a spending problem that is far stronger than their income.

How practice yous ready behavioral problems?

Well, y'all commencement by quest God for aid as well as inwards add-on to thence acquire only doing i small-scale thing at a fourth dimension. It is a lot easier to update your family yesteryear working on one room at a fourth dimension than past times violent upward every room all at 1 time.

You can start by learning to non hand to a greater extent than than you create.

There are practical things that can be done to help out, but I think nothing will be more valuable than just taking a long hard look at where your money is going and asking yourself, “do I genuinely demand this?”.

We say we NEED all this stuff to survive and yet 100 years ago most of it didn’t even exist (see Richer than Rockefeller for to a greater extent than).

I retrieve when we are honest with ourselves, nosotros give the sack bring inwards that a lot of our NEEDS are actually but screaming, yelling, panicky WANTS.

1 Timothy 6:8 puts things inward perspective…

“vi But godliness with contentment is cracking gain. vii For we brought cipher into the ground, together with we tin have got aught out of it.  8 But if we have got food inwards addition to article of clothing, nosotros testament live content amongst that.”

I have got a long means to go every fleck I elbow grease to scrap off my panicky wants daily, but that is what I am aiming for.

What close y'all?

Update 1-iv-eighteen: We withdraw handgrip gotten a few upset comments from folks who have got loads of medical debt or other non-consumer debt inward improver to I precisely want to alive clear that is a unlike animate being than what we are talking virtually inwards this article.  This is directed towards nigh of us who contend with controlling our temptation for more inward add-on to more than leading to loads of debt. 

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