SwCA Episode 156: Suze Orman Is Right! You Can’t Afford It and Neither Can I!

SITE: http://www.courtneyanderson.com/swca-episode-156-financial-fierceness-series-suze-orman-is-right-you-canrsquot-afford-it-and-neither-can-i.html

SHOW NOTES: Our FINANCIAL FIERCENESS!™ series integrates our financial goals into our development plan for surpassing our goals. We deal with the specific issues we need to explore in order to achieve (and surpass) our financial goals. This episode is, “Suze Orman Is Right! You Can’t Afford It and Neither Can I!

Money I have - Money I Owe = Money I Can Use (save, spend, etc.)

Money I have = Money I have

Future money ≠ (does not equal) Money I have

Future money includes future paycheck, future appreciation, etc. 

The default position we all should have is that we cannot afford it! We may not be able to afford the math part of the equation (not have sufficient income, savings, etc) or we may not be able to afford the emotional aspect of the equation (decreased happiness due to lack of anticipation). No matter how many financial resources we have, the anticipation of a treat (by denying, delaying and/ or limiting a purchase) will make us happier. 

I deny myself items that I want all of the time!

Consider:

1) We can’t afford it.

2) Plan ahead (save and/or research more) to create and enhance anticipation.

3) Purchase only when the math supports it (in regards to debt, savings, etc.).

4) Maintain the purchase.

5) Repair the purchase.

6) Last option is to replace the purchase.

Remember to use your “Money Days” to go through your bills and cut costs. A penny saved is a penny earned.

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