We are keenly aware of the perils and dangers associated with overeating. Obesity. Higher blood pressure. Increased risk of heart disease, diabetes and cancer.
We are also aware of the perils and dangers associated with overspending. Debt. Higher income requirements. Increased risk of credit problems, foreclosure and bankruptcy.
And yet we collectively continue to consume more than we need.
We eat too much sugar, cholesterol and saturated fats. We spend too much on designer shoes, smart phones and LED flat screens. We feast on too many deserts, red meat and coffee. We buy too many toys, clothes and electronics. We consume all these things because superficially we believe we must—to be happy, to be satisfied, to be successful and even to help the economy.
Stop fooling yourself.
And recognize our current economy is built on consumption; therefore the system isn’t going to change anytime soon because too many people are dependent on the system. Retailers, manufacturers, restaurant owners, homebuilders and farmers need you to keep consuming. As do credit card companies, weight loss clinics, loan officers, personal trainers, debt consultants and dietitians.
To prosper in this environment, you need to get two things under control: diet and budget. Do that and you’ll be way ahead of most.