It probably goes without saying, but my comment of "I love my budget" was met by dumbfounded looks of skepticism on both their parts. This seems to be the reoccurring theme whenever I discuss the B word with new people online or in real life.
By and large, most people I talk to aren't living on a budget and seem to think its strange that we do.
A few minutes later, the conversation had turned and then the school bell rang. The discussion was over, students were ready to be taught and a blog post was brewing in my mind without my even realizing it! :)
Needless to say, my ears perked up. Here was the answer, the reason my coworkers (and millions of other families) don't have a family budget:
- "It has a bread & water connotation." - Dave Ramsey How many of you hear the word budget and immediately feel the walls close in around you? Well, it turns out, you're not alone! But here's the trick, "your budget is a plan" and "you tell it what to do," teaches Dave while recording class three of Financial Peace University. Your budget could be Ramen noodles & tuna fish, but it could also be lobster & escargot - being on a budget doesn't mean you're broke - it means you have a plan and you're telling your money what to do.
- "A budget has been used to abuse you." - Dave Ramsey O.K., here goes - deep breath - I'm guilty of this. (I know, I know, just don't throw eggs or anything, OK?!) I'm the control freak nerd in our relationship and used to get satisfaction in turning down my husband's dream purchases - such as a new video game, which I hate - by saying it "wasn't in the budget." Go figure, when I first found out about Dave Ramsey and started talking budgets he wasn't very excited... I wonder why!
- "We never had a budget that really worked." - Dave Ramsey If I had a dollar for every time I've heard something along these lines, I'll tell you what... there wouldn't be much snowball left to accomplish, that's what! Just like with parenting, home ownership, marriage & career training, we've all heard someone say, "I tried that once, but it didn't work for me." But here's the deal, just like teaching your children new routines... it takes practice. 3 months to be exact - 3 months to make your budget start working well for you. You need to be patient - yes, you'll make mistakes in the beginning, but after three months of mistakes you'll be amazed at how well your budget runs - just like a well oiled machine.
- "Paralysis from fear of what you will find." - Dave Ramsey Just like my coworker that wanted to avoid the topic of personal finances all together, many people fear the 'truth' of their financial state. Dave reminds us that the truth may be bad, but it likely isn't as bad as you've made it in your head.
Did these reasons resonate with you the way they did to me? As usual, I thought his teachings were spot on and really helped to drive home the point that these 'reasons' are nothing more than excuses. Living on a budget - having a financial plan - is the only way to succeed with money and gain financial peace!
Looking for a little more Dave budgeting advice? Check out the Total Money Makeover on Amazon and start your financial transformation today:
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