Have you ever wondered how a car gets rusty.
Well it starts from water sitting some place on the car.
The water starts to corrode the metal.
When you finally notice the rust on the outside of a car the inside
or under carriage of the car is already rusty.
I've been experiencing this with my own car.
There is a rust area forming on the side of my car.
When I asked the body shop about it I was told that it starts on the
inside and works its way out.
It got me to thinking about having rusty finances.
On paper it may appear that we should have it altogether with our
finances.
However, a closer look at our situation reveals we have rusty finances.
Having rusty finances starts with how you view your finances.
How you treat your finances with each payday fuels your rusty finances.
The inside of our check book shows rusty finances because we have not balanced it in months.
Looking at your balance online doesn't show the true picture.
Failing to start budgeting your income shows your rusty finances.
When you spend every dime you make its a recipe for a financial disaster.
Every time you walk in a payday loan store your rusty finances roar its ugly head.
This is vicious cycle that is hard to break.
Rusty finances occur when you don't pay your bills on time.
The late fees continue to add to your balance.
Making it impossible to see the light of day.
You can stop having rusty finances by getting a handle of your day-to-day financial transactions.
Start by going on a spending freeze except for your basic necessities.
Verify all of your automatic deductions and stop them to get control of your rusty finances.
Look for was to cut back expenses to stop your rusty finances from taking over your life.
Are you suffering from rusty finances???
Your Financial Coach,
Renee Lawson
Thu, Jun 5, 2014
Blog, Budgeting, Debt Reduction, Lifestyle