It has happened again – my car’s check engine light is on. Why is it that this light comes on at the most inconvenient times? What can it be this time?
This is the case with many of you in your personal finances – your financial check engine light has come on. The ‘check engine’ light comes on and the warning sign has now been posted. What should you do? Get it checked out!
Many of you have been living with the check engine light on for a long time. Ignoring the light does not help in a resolution. As a result, you are not making the progress in your finances that you need to. What will it take to fix the problem?
- No or little money for retirement – Retirement is getting closer. Without getting investment money in your account early, you stand the chance of your golden years being less than golden!
- No emergency savings – The next emergency is right around the corner. Just this week I have heard from people who have had emergencies that no one would ever want to go through, but they happened. Be prepared with a solid emergency fund and know you are protected as the storms come your way.
- Too much debt and no plan to reduce – Trying to keep the plates spinning when it comes to your debt. Not having an aggressive plan of attack can be one of the reasons your check engine light is on. Playing with debt is like playing with snakes. Get rid of it.
- College is around the corner – Are you prepared for the expenses that the next level of education that is quickly approaching your family? Putting money away now will lessen the impact of those expenses when they do hit.
- Secret spending – Are you not being honest with your spouse? How is that helping your relationship?
- Not living on a plan – Are you just existing on cruise control? You have no plan and maybe did not know you could have a plan and as a result you are just cruising along not making any solid progress.
When the check engine light comes on you need to get it checked out. Things may be going well, or it seems to be, but things may be happening under the hood. Fortunately, when the light does come on it is a clear indicator that you need to look into the problem. Get it checked out today and get moving on the right path!
Your blog is so inspiring! I am not operating completely blind, but I could be doing better. There’s not enough change for me in my situation. I want more change and I’m not seeing it. God continues to test me!
Maybe you should buy a new Camaro Parkey, my check engine light hasn’t come on yet!
LOL
NO WAY!! I do not want any payments!