Ramsey sees three basic reasons people are poor: 1. Their government is corrupt, and there is no economy to participate in.
2. People are oppressed and taken advantage of. 3. People make bad decisions with their money and lives.
We don’t have much control over Nos. 1 and 2, but we have a lot of control when it comes to No. 3, the decisions we make.
A good way to keep yourself from making impulse purchases is to put more steps between picking out an item and buying it.
You will remain broke and poor if you don’t change your ways. Get that budget done.
Make a list of all your expenses and when they are due. Mark down when you get paid, and how much you will take home.
Make it habit to save money before you spend it. Discipline yourself to live on what remains, and your emergency fund will grow.