In the interest of transparency and honesty (which is one of the main tenets of this blog), I struggled with writing this post. I wanted to give you a lot of reasons that being lazy is helpful to your debt-reduction plan (or any other financial plan you happen to be working on). I wanted to make you feel better about being lazy and ease any guilt you might be feeling about it. (Ok, to be PERFECTLY honest, I wanted those things for myself. Telling them to you was just a bonus.) Unfortunately, here’s what I came up with, along with some examples:
1. Being Lazy Costs Money
I’ve been reviewing our finances via an awesome app called Budgetable (still in beta). I plan on posting a full review later, but not until I’m over my resentment. This ridiculously objective app has showed me exactly where our money has gone over the last month. And that’s just plain depressing.
Over the last two months, since I wrote this post, we have been taking a breather from our intense debt reduction program. Is that a big deal? Heck, no. We’ve definitely needed it.
Does that mean we should have done THIS, though?
Since the 23rd of March, we’ve spent at least $321.41 eating out. (It’s possible I miscategorized a few transactions, so it might be more.) Let’s ask a few questions:
Did we have a budget for April? For sure
Did we follow the budget? Heck no.
Was eating out included in the budget? Yep, $100.
So what happened? Well, obviously we didn’t follow our budget.
I said this to myself last month: “It’s too hard to follow the budget.” But then I find out:
2. Being Lazy Takes Time
Back when I was really doing a good job staying on top of our finances (you know, a whole 2 months ago), someone asked me how I had time to make a budget. My response was brilliant, if I do say so:
“I don’t have time not to make a budget.”
Too bad I didn’t follow it.
If you’re really lazy, here’s some advice for you – make (and stick to) your budget. It will save you from time wasters like these:
- Checking your bank balance every day to make sure you have money in the bank
- Transferring money from one account to another to cover something you spent
- Being on the phone with bill collectors, trying to negotiate alternate due dates
- Fighting with your spouse
- Worrying over whether or not you can pay all of your bills
All of these things take tremendous time, effort, and worst of all, energy. Why not cut all of that out of your life and just stick to your darn budget?
#3. Being Lazy Depletes Opportunity
The more lazy you are, the more opportunities you will miss. Remember my very favorite thing I had to give up when we started this get-out-of-debt journey? I didn’t get the opportunity to go see Chris Botti in concert because I had been too lazy to take control of my finances. Instead, I sold the tickets and someone else – someone who was more financial responsible than I – got to have that experience. This isn’t just about money. This is about what you’re doing with your life. Do you want to wait and “let whatever happens happen”? Does that sound easier? It might be easier, for a while. It won’t be pleasant, though, when the bills come due.
Am I saying that, if you make a plan, you’ll finally be able to do everything you want to do? Well, maybe….eventually. Here’s your choice:
You can have it easy now, and tremendously hard later.
You can have it kinda hard now, and really easy later.
You get to pick.
I’m leaving you with one final thought:
There’s no such thing as procrastination. Only selfishness. People do what they want to do. Period.