Yes, with the popularity of zombie movies, zombie apocalypse events, and zombie costumes, I feel like a bit of an ambulance chasing attorney in posting this, but I think it’s relevant and, well, fun.
They are among us… the financially undead. Their credit rots, their wallets are always empty, their debt stinks, and their savings is long-ago decomposed. They have no financial thoughts or awareness of what a financial life truly is or should be. They exist solely to spend money based upon impulse.
Have you ever wondered if you (or a close family member) were a financial zombie? Okay, probably not, but please humor me. If you recognize yourself in any of the following statements, the chances are pretty good that you are (or have been) counted among the financially undead?
You might be a financial zombie if…
- You lease a car or truck because you can’t afford to buy one.
- You purchase something because you’ve seen it on a reality show, a commercial or a billboard.
- You believe that budgets are too restrictive or only for those in financial trouble.
- You have applied for a credit card so that you can build your credit.
- You have opened a store account in order to get a discount on your first purchase.
- You carry a balance on your credit card because you can’t afford to pay it off in full.
- You wait until the end of the month to decide how much money you can save.
- You have purchased something from a telemarketer.
- You have borrowed money from a payday, title or pawn lender or as a tax refund anticipation loan.
- You wish you had a car or home as nice as your sibling’s, friend’s or neighbor’s.
- You’ve bought something you thought was totally cool but still feel unsatisfied or empty inside.
So, if you find that you are, or have recently been, counted among the financially undead, stay tuned for practical cures to your condition. There is ALWAYS hope.
The first step back to a healthy financial life is admitting you have a problem. Please take the following financial poll:
Oh, and have a great day!