I hate debt. I’ve seen debt destroy my best friend’s marriage as his stack of credit cards grew thicker than his wallet – and it ultimately destroyed his marriage as they filed for bankruptcy.
I have felt the heartache of mothers that wanted to stay home with her babies but couldn’t because she had to continue working to pay off her student loans.
I’ve witnessed the hopelessness of couples seeing retirement coming around the corner without having anything resembling a nest egg – but they sure enjoyed the trip to Europe last year.
Debt is the Great Destructor of dreams. Ignorance about money will steal the future away from you
Thank God for budgets!
Without a spending plan I would be a lot like that. I would be wandering aimlessly through the world without a clue as to how much I had in the bank and there wouldn’t be a single savings account with my name on it.
I discovered that writing everything down helped organize my thoughts and helped me prioritize my spending in a way that caused me to meet all my obligations and actually put money into savings! It also helps my family because we can clearly see that the mortgage payment, electric bill, and gas for the cars can easily be covered with money left over for groceries. Yeah, we kinda need to eat so food so that is always a good thing to buy.
Our budget shows us how much of our monthly income we need for necessities, our wants, and leaves us enough to save for a rainy day.
Learning how money really works
As a financial idiot, I was helpless when it came to teaching others about money. But in 2007 and 2009 I completed the courses necessary to teach individuals, couples, and even businesses about personal finance topics such as budgeting, saving, investing, insurance, mortgages, and retirement. I studied and learned how to communicate about these subjects through completing Dave Ramsey’s Counselor Training and Lampo’s Financial Wellness for the Workplace Certification. I am extremely passionate about teaching people how money really works and eager to help them get out of their financial mess.
What I believe
- Having a spending plan makes money go farther
- Couples that work together, stay together
- Being out of debt causes you to be more productive and less stressed
- Credit cards are against my religion
- Building your FICO score is a waste of time
- You can qualify for the best mortgage rates if you just pay your bills on time and don’t have a bunch of debt
- There is hope!
Living without a money plan is like driving a car without directions
Where the heck was I going and what hope did I have of ever reaching my destination when I didn’t have a clue of what I was spending my hard-earned money on?
Realizing that I had a propensity to obliterate my future with careless spending and no savings caused me to stand up, take notice, and do what my wife told me shortly after we were married: We needed a budget (she’s so smart). Now we are in control of our income and expenses – we have hope! There is hope that we can:
- Always have enough to meet our needs
- Afford life insurance in case I pass away
- Save for our daughters education and/or marriage
- Have a sizable retirement nest egg
Doesn’t that sound good to you?
Join me in a journey to devise a plan to regain control of your life, take care of your family, and to stop the arguments about something you don’t have enough of.
I can not promise that it would be easy, but I can show you how simple of a process it is to pay attention, not interest.