Why Am I So Bad at Saving Money? - A few of the most common excuses
Have you ever thought to yourself, "Why am I so bad at saving money?" Saving money is hard. Like, really hard. You know what's even harder? Admitting that you're bad at it! Don't worry, though, you're not alone. In fact, there are tons of reasons why people struggle with saving money. Let's take a look at a few of the common reasons you
1. "But it's on sale!"
Oh, the classic sale trap. Who can resist a good deal? You tell yourself that you're actually saving money in the long run, but then you look at your credit card statement and wonder where it all went wrong.
2. "Treat Yo' Self!"
We've all been guilty of this one. You work hard, you deserve to splurge on something nice, right? But when "treating yourself" becomes a daily occurrence, your bank account starts to suffer.
3. "FOMO made me do it!"
Fear of missing out is a powerful motivator. You see your friends going out to dinner or on vacation and you don't want to be left out. But if you're constantly trying to keep up with the Joneses, you'll never get ahead.
4. "I'll start saving next month..."
Ah, the old procrastination game. You tell yourself that you'll start saving next month, but then next month turns into next year and before you know it, you're no closer to your financial goals.
5. "I don't make enough money to save"
It's easy to fall into the trap of thinking that you don't make enough money to save. But even small amounts can add up over time. It's all about forming the habit and making it a priority.
So there you have it, folks. Some of the most common reasons why people struggle with saving money. How many of them sound familiar to you? Fear not! There are plenty of ways to turn things around and start building your savings. In-fact, that's what The Big Split is all about; Learning how to keep more of the money that you make. And remember, a little humor can go a long way in making the process a little less painful.
Now go forth and save, my friends!