What a long winter! Thank goodness spring is here! I’m looking forward to fresh air, birds chirping, and flowers blooming. As these signs of spring arrive, many of us start to plan our spring cleaning schedule and this got me thinking…We clean up our houses in the spring; yet, many of us don’t think to clean up our finances. The winter was harsh and we survived, but can we survive taking a good, hard look at our debt?
According to CNBC.com, eight out of ten Americans are in debt. Unfortunately, many of us have developed poor spending habits. We think nothing of spending more than we earn and our debt storm grows. Suddenly our bills are stacked up like a bunch of pancakes at IHOP. As the bills pile high, we continue to swipe away, thinking it will ease the pain.
In order to get out of debt and stop spending, it is important to look at the reasons why we overspend. Often, many of us were never taught how to budget or some spend to fill a void. Others spend to keep up with the neighbors or maintain an image. Whatever the case, discovering the meaning behind the spending will help us make a change.
However, this is harder than it sounds. I mean, how many times have we gone over our budgets while simply buying groceries? It is so easy to continue putting items in the cart and packing our homes and lives full of stuff. The next thing you know, we are cringing every time that bill shows up. It is like one big storm that keeps burying us. So once and for all, let’s dig our way out and get to the bottom of our destructive spending.