Signs Your Financial Priorities Are Out Of Order

Sometimes I see situations that just make me shake my head in wonder. Situations where a person obviously has their financial priorities out of order.

Here are a few:

  1. If you know everything about your favorite team or TV show but do not have a financial plan …
  2. If you pay for your child to participate on a traveling sports team, but have nothing saved for their college education …
  3. If you’ve purchased 85 video games and 3 different game consoles for your kids, but have nothing saved for their college education …
  4. If you have worked for 5 years and haven’t saved any money …
  5. If you have worked for 20 years and have nothing saved for retirement …
  6. If you say, “I just need to make more money,” …
  7. If you believe the lottery is the only way you will ever be able to retire …
  8. If you have not given away any money …
  9. If you think 401(k) is a radio station …
  10. If you have purchased a brand new car (that will drop 60% in value in the first 4 years) and have invested nothing …
  11. If you do not take time to plan the use of your paycheck before you spend a dime of it …
  12. If you continually blame others for your financial situation …
  13. If you refuse to talk with your spouse about money …
  14. If you have regular pedicures/manicures, a smartphone, and cable/satellite TV and say, “I can’t afford to invest or save …”

In the past, many of these items were true for me. Are any of them true for you?

Would you add anything to this list?

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