I’m taking the Dave Ramsey Peace University class and one of the things I’m supposed to do is a budget. Now, in the last class, we were given a reprieve that we students don’t have to get it exactly right the first time, that it’s a process and there will be several if not many iterations until we get it right.
Well, I’m nearing 60 years of age, and I have a few things to say about a budget, and indeed they can be neatly summarized in my list: 10 Reasons NOT to do a budget.
1) Financial situations vary wildly from month to month when considering medical, automotive repair, children’s extracurricular activities at school, and other random events. These cannot be budgeted accurately.
2) Budgeting takes an immense amount of time that could be better devoted to raising children and clearing the snow off the sidewalks and being employed and other necessities of life.
3) The amount I have left extra in the budget after bills is too discouraging for me to look at.
4) Even if I take the enormous effort to do a budget, that’s just a sad reminder that I’m going to be expected to participate in this horrible chore from here on out on a monthly basis. Who wants to sign up for that?
5) I suspect that Ben Ramsey is successful because he has added church tithing to his pitch, his presentation, and this has contributed enormously to his success. Now, I don’t mind applauding anyone’s successes, especially in the book publishing business, but I’m an author, too, and it bothers me to think that I too could become a bestseller if only I signed on with a parent company to control my mannequin strings.
6) Loss of flexibility.
7) The sense of guilt a budget brings if you stray. Who needs a parent looking over your shoulder and saying your budget isn’t good enough?
8) It does a disservice to the field of mathematics. Math is more than just numbers. Refer to Topolology.
9) At the end of the day, budgets are just about money. There are so many more important things in this world than money that I just think it’s doing a budget can mean neglecting other aspects of your life that might ultimately be more rewarding.
10) Everyone cringes at the word budget.