Thursday, July 18, 2013

Diet VS Budget

Budget and dieting really are the same thing.
Most of us know we need them, but we don't have them.

At a leadership training years ago I was taught, we all know what to do, how to do it, but what matters is what we DO DO.. Yes DODO... (ok in high school it was alot funnier)
But Really, we are not judged on what we know, on what we are capable of it is what we do!!

Many Financial experts compare budgeting to weight loss, they are very simple in theory

Dieting: Eat good and exercise
Budget: Spend more then you make 

Simple RIGHT!!!

According to Centers for Dieses Control and Prevention
More than one-third of U.S. adults (35.7%) are obese.
 


AND

Consumer credit includes credit cards, auto loans, student loans, and other types of household debt, but excludes mortgages. It rose from 14.0% GDP in January 1990 to 18.0% GDP by January 2009. It fell to a trough of 16.4% GDP in July 2010 and was back up to 17.5% GDP by January 2013. (According to the Federal Reserve Database) 



So what does this say about us?

It is MUCH easier to do what we want rather then do what we know!

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