What To Do When Everybody Else Gets to Buy Everything They Want

in #steempress4 years ago

Have you ever asked yourself,

How does my coworker afford that?
How are they able to get that new phone?
Did you see their new car?
Look at their vacation!
How do they do it?

Give yourself peace of mind and add to your contentment by remembering that 8 in 10 Americans have non-mortgage debt. Debt does not add to peace of mind, to financial stability or resilience to financial crisis. Eight in ten Americans, according to a study conducted by CNBC, are weighed down by debt which means that what you see may not be a reflection of what a person can actually afford. By afford, we mean, what can be paid for with available money, money that's been saved and is available to spend, not available credit. "Don't be normal. Normal is broke. Be weird." Dave Ramsey

Especially as the holidays approach, each of us can feel increased pressure to spend more on gifts, travel and parties. Remember - saying NO to what you want NOW allows you to say YES to what you want MOST. While kids draw up lists of things they want from Santa, consider drawing up your own list of what matters MOST so that when the pressures arrive to spend money on forgettable purchases that are more than you can or want to bear, you'll easily remember why you're saying no. You're saying no so you can say yes to all those items that are on your dream spending list.

“Your decisions from today forward will affect not only your life, but also your entire legacy.” — Dave Ramsey

Don't forget that the sacrifices you make not only enhance your own life, but improve also the lives of your family and those to whom you are witnessing good money management skills. If you don't want your children to live a life burdened with debt, show them how to manage money well by making smart decisions with your own money. Children watch what we do and are learning from us. Showing them we know how to say no to ourselves when we want something gives them an example of maturity with finances that will bless them in their future decisions.

In his book (here's a convenient affiliate link for it or you can rent it from most public libraries), The Total Money Makeover, Dave Ramsey gives us words to really lean on especially during the holiday season when spending pressure is high:
“We buy things we don't need with money we don't have to impress people we don't like.”

Financial stability and peace are so much more worth saving money for than that next forgettable purchase we felt pressured into making.

Get debt free, build wealth, so you can live and give like no one else! You can do this! And it will be so worth the sacrifices you make now!

Click here for GREAT ways to start saving today.

Be sure to follow us on Facebook for daily ideas shared and a supportive community pursuing financial wellness!

Posted from my blog with SteemPress : https://sixonabudget.com/what-to-do-when-everybody-else-gets-to-buy-everything-they-want/

Coin Marketplace

STEEM 0.29
TRX 0.07
JST 0.043
BTC 30520.99
ETH 2083.62
USDT 1.00
SBD 2.67