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    Blog Author Mona Weathers (monawea)


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Ownership: let go of a lie and create a financial truth

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I’ve cheated on Dave. I’ve seen Suze Orman on television while flipping channels, and finally watched last week. Admitedly, I don’t know much about her, but her financial advice seems sound. Her guest was a woman whose husband wanted to declare bankruptcy. Their income was 9k a month. Their outgo was 19k a month. You see the problem. Suze gave her advice, which meant letting go of her 6k a month mortgage by doing a short sale on her house. The woman was adamant that she didn’t need to do so. I shook my head, and wondered why Suze Orman was wasting her breath. I found myself wondering how Dave would handle the situation. I speculated that he wouldn’t waste his breath. He’s about helping people who WANT help. The first step to financial peace is to resolve to never borrow again. The guest on this show was holding on to her lie. She kept making excuses, they could get 2nd jobs, she didn’t want to sell her “stuff”. She was probably the most clueless woman I’ve seen. Finally Suze told her that she didn’t have any stuff. She didn’t own anything. She’d created this lie, and was working to maintain it. I jotted down this comment “you have to let go of the lie and create a financial truth”.

Dave says the same thing when he gives the advice to live your wage. J and I have worked over the last 5 months to create a financial truth. We’ve let go of the things we couldn’t afford. Some days I do miss my van, and I know he misses his truck, but, honestly, they were not ours. We let go of that lie, and created a financial truth. Instead of being behind in our utilities and juggling which to pay. Our utilities weren’t getting paid because we were spending money we didn’t have. We’re fortunate to not have credit card debt. We’re fortunate enough not to have a house that we can’t afford. We still have some decisions to make. My student loans are monstrous. Do I go back to work, or stay at home with my babies. With Dave’s help, we’ve let go of the lie and are living a financial truth. We have that truth to be able to make informed decisions. We’ll be able to consider the cost benefit. Only time will tell which way we’ll go, but as Dave says, prayer does work, and we’ll rely on it to assist us in making decisions. This is a stark contrast to the lies we were trying to perpetrate. It’s less stressful, and more peaceful.

November 25, 2008 | Filed Under Financial Freedom Journey Pep Talk, Financial Goals, Financial Peace Baby Steps, Making More Money 

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