A few years ago, I had an encounter which forever changed my perspective on why so many of us struggle financially.
I had just come back from a trip to Las Vegas and was buying some groceries. As the person working the cash register scanned my items, we started chatting:
Him: How was your spring break?
Me: It was great! Went to Las Vegas with some friends.
Him: Awesome! Did you do some gambling?
Me (smiling): Yep, we did.
Him: Nice, did you lose all your money at the tables?
Me: I lost $50, that was my limit
Him: Well, that’s ok, money comes, money goes, you’ve got to spend it while you’ve got it!
I collected my bag, thanked him, and started walking out, when it hit me. “Money comes, money goes, you’ve got to spend it while you’ve got it.” It was...wrong. And yet, it’s the approach many of us take with money.