We’ve all been there before: standing in front of an empty fridge, wondering where all our money has gone. Or maybe you’re staring at a bank statement, trying to figure out how you managed to spend so much money in one month. If you’re feeling a little (or a lot) broke, don’t worry – you’re not alone. In fact, there are a lot of people out there who are in the same boat.
According to a report by the Federal Reserve, 40% of Americans don’t have $400 in savings to cover an emergency expense. So if you’re tired of people asking you for money or giving you unsolicited advice on how to get your financial life together, you might want to have a few excuses up your sleeve.
Here is a list of excuses for being broke
- You’re a full-time student and tuition is a b*tch.
- You are actually saving up for something and don’t have money for other expenses.
- You had to pay an unexpected bill. An expensive hospital, veterinary, or dentist bill is quite common.
- You’re currently in between jobs.
- You’re on a streak of bad luck.
- Your company’s HR person messed up payroll and you haven’t been paid yet.
- Your landlord increased your monthly rent.
- You broke your phone and had to buy a new one.
- You just came back from vacation, and it was more expensive than anticipated.
- You lent money to someone, and they haven’t paid you back yet.
- Your money is tied up in the stock market, and your stocks have been crashing lately.
- Your car broke down and you had to get it fixed.
- Daycare expenses for your children have become increasingly more expensive.
- Your kids are growing and the more they grow, the more they eat, and the more they eat, the more your bank account depletes.
- You like to live in the moment and have no discipline when it comes to your spending habits.
- You have a high maintenance girlfriend/boyfriend who expects fancy dinners and gifts.
- You’re helping your parents out with their living costs as they get older.
- You have some high interest loans which are difficult to pay off and making it harder to save.
- You’re trying to start a business and it takes money to make money!
So, the next time you find yourself making excuses for being broke, remember that you’re not alone. Millions of people struggle with money, and it’s nothing to be ashamed of. The important thing is to remember that you have the power to change your situation. Take some time to assess your finances, make a budget, and start working towards financial freedom. With a little bit of hard work and determination, you can get your finances under control and start building the life you want.