I used to struggle with my finances. I would make good money, but I found myself looking back and asking, “Where the heck did it all go?”, but then wouldn’t think too much of it and would quickly go back to just “outearning” the problem.
But I couldn’t…
Just like you can’t out-work a bad diet, I couldn’t out-earn the problem of me not focusing on my finances…they would just “leak out” somewhere.
I had a poor mindset around it all and no plan in sight to straighten things out.
Then, it got to a point where my wife and I were just too overleveraged and found ourselves upsidedown on a home, short-selling it, with too much other debt and starting from below zero.
And after such a hit to the financial ego, as we would start to recover and work our way out of debt and into the positive, that’s when the panic would set in. I would start to worry that things couldn’t keep going THIS WELL like this and I would be afraid to lose it all.
And that just started a frustrating cycle of “make it, lose it”, not even realizing that I needed to get my HEAD right before my finances would fall into place.
If you’re like most people, I bet you can relate to some, or maybe all of this frustrating story.