The Cost of Avoiding Your Money Issues: Why Ignoring Your Finances is a Bad Idea (But Also, Kind of Tempting)
We get it, dealing with money issues can be about as fun as watching paint dry. But avoiding them is not the answer. In fact, it can make things worse in the long run. Here are some common ways people avoid their money problems:
Ignoring bank statements and bills that come in the mail (because what's out of sight is out of mind, right?)
Refusing to talk about money with partners, family, or friends (because let's face it, it's more fun to talk about the latest Netflix series or your love life)
Making minimum payments on credit card bills and not addressing the root of the problem (because who needs a good credit score anyway?)
Procrastinating on creating a budget or financial plan (because watching cat videos on YouTube is way more enjoyable)
Pretending like everything is okay and not seeking help or guidance (because adulting is hard, and it's easier to stick our heads in the sand like ostriches)
But what are the costs of avoiding your money issues? For starters, it can lead to mounting debt, missed payments, and even bankruptcy (yikes!). It can also cause stress, anxiety, and strain in personal relationships (no more happy hour with your friends). It's time to take control and face your money issues head-on. But if you really can't bring yourself to do it, at least consider getting a really big sandpit to stick your head in.
Here are 5 benefits of taking responsibility and dealing with your money problems:
You can reduce your financial stress and anxiety (because who needs to worry about money when you can worry about everything else?)
You can avoid the negative consequences of ignoring your money issues (because you really don't want to move back in with your parents, do you?)
You can create a plan for your financial future and set achievable goals (because hey, it's always fun to have something to strive for)
You can improve your credit score and financial reputation (because it's nice to be able to buy things without having to sell your soul to the credit card company)
You can feel more confident and in control of your finances (because there's nothing sexier than being financially responsible, right?)
So, don't be afraid to ask for help, seek guidance, and take responsibility for your finances. And who knows, you might even discover a newfound love for budgeting and financial planning. (Okay, maybe that's a stretch, but it's worth a shot!)