From the article: " As most of you know, my wife and I first saw this disconnect when we were doing financial coaching in the early 90’s.
Even the small percentage who actually ended up meeting with us came loaded with excuses.
Once we got into the budget review process, the objections flew out from all sides.
Here are a few we ran into:
- One lady insisted that $125 a week to do her nails was a “need” and there was no way the cost could be reduced or cut.
- One family came in and told us they had racked up about $50k in debt and that the husband, the sole breadwinner, had just been fired. Right AFTER that, they bought a bass boat (because, you know, they NEEDED it).
- One guy called me on the way to court. He was going to face a judgement and wanted me to show up and vouch that he was working on his bills. This is a guy I had never met or talked to until he called me. Uh, no.
- One family was making $250k a year (in the 90’s!) and they were falling behind each month. The reason? Each of them (two adults and two teenagers) had leased luxury cars (BMW, Porsche, etc.) and lived in a huge house.
... And that’s the problem with a lot of Americans today: they want the results (become wealthy, retire early, cut back on work, etc.) but they don’t want to change anything to get there (because they are comfortable and change is hard.)
https://esimoney.com/people-want-results-but-dont-want-to-change/
Submitted March 02, 2019 at 03:02PM by pahurricane https://ift.tt/2C0SnmC
