You’re Wrong, Barefoot

Scott,

Last week you wrote about MyBudget, saying it is not worth the money. But you’re wrong. Not everybody is good with figures like you. Some are very bad, like me. MyBudget has been brilliant at helping me set up a budget, pay my bills, and organise my financial year. I have found it a great stress-reliever to have skilled people close by to help me. I have referred several friends, who also love it.

Jane

Hi Jane,

Here’s my take.

To get out of debt -- and to stay out of debt -- you’ve got to get a bit of mongrel in you. You’ve got to get as mad as hell. You’ve got to reach the point where you scream ‘enough!’ and cut up your cards, pay the suckers off one by one, and swear to yourself ‘never again’. I’m talking about making deep behavioural change -- and that can only come from you.

You don’t get it by paying some overpriced, glorified budgeting software sales outfit thousands of bucks to wave some pom-poms and chant ‘you can do it!’

Last week’s question was from a couple who had $37,000 in personal debt, and they were asking whether they should pay MyBudget over $3,500 in the first year to help them tackle it. My advice to them -- and to you and your friends -- is to get angry and then put the money you’re paying to MyBudget towards paying down your debts even quicker.

Scott