Rule Number 3, You'll Never Get Ahead If...

Rule Number 3..You’ll Never Get Ahead If…

You live above your means. It’s as simple as that. If you’re spending more than you make you’ll never get ahead, period. Exclamation point!

This may seem obvious but I gotta tell you that for years I’d say to myself I’m going to get ahead next payday. If I can hold on until next payday I’ll get ahead.

Well the next payday turned into the next turned into the next till finally a month goes by followed by another month which turned into 6 months and pretty soon several years went by and I was still saying wait until next payday.

You’ve heard me say you gotta get real mad before you do something about your present situation. There are plenty of commercials out there telling you they can reduce your debt or eliminate it altogether like a magician waving a wand.

Poof!

There goes the debt. If you’ve been reading this blog you know my opinion about cheating to lower your debt. You see the debt you have is a symptom of your problem. The debt you have is not your problem.

It may not seem like that to you. You might be thinking if I can just pay down a little bit of my debt I’d be alright. You won’t be alright and I’ll tell you why.

The problem you’re having is the same problem I had. I spent more money than I made. Just like you are. You’re spending more money than you make. It’s that simple. And if you were lucky enough to get some of your debt reduced you’d still have the same problem.

Your problem is your spending. You spend more than you make. Until you stop spending more than you make you’ll find you’re continually digging a deeper hole.

There are two steps to freedom. First step. STOP spending more money than you make. Second step. Pay down the debt you owe until you’ve paid all of it off. It’s that simple.

Because if you'll never get ahead if you spend more than you make….

David Dassow