The #1 Reason You Struggle with Money

Why do so many people in this country and around the world struggle with money?

Why is it that Google’s Keyword Tool reveals that 24,000,000 people/month in America, and 68 million people around the world, Google search the phrase “help me with money?”

Also, if you’re struggling with money, be sure to check out my series I did on budgeting a couple of weeks ago:

It could certainly be due to lack of education. In fact, I have little doubt that that contributes majorly to the issue – which is one of the reasons I started this blog – however, I know that ignorance isn’t the primary cause.

Many people would blame it on the current economic conditions.

Some might blame it on our society in general and the spending habits we’ve developed over the past 20 years.

While all of those would be valid arguments, they are not the primary cause to your problems.

Your struggles with money begin and end with:


You’re Your Biggest Problem…

Take a Look in the Mirror

Dave Ramsey loves to say that finances are “80% behavior and 20% knowledge.”

What he means by that is that budgeting isn’t hard (the knowledge side). Knowing how to handle money properly is really simple: understand that you must live on less than you make, save money on a consistent basis, and never go into debt. Really, it’s that easy.

However, the hard part is actually doing it! The behavior and discipline necessary to say “no” and limit your spending is extremely difficult.

My Money, My Problems

A little over 5 years ago, when I was really struggling with money, I thought there was NO WAY I was ever going to get out of the mess I was in.

I was struggling with paying my credit cards, receiving multiple collection calls every day, and I could barely pay all of my necessities every month.

I was scared and hopeless, and I certainly didn’t believe there was any way to climb out from under the pile of dung I buried myself in.

What I ended up learning though was that my problems, and my inability to pay my bills, were all due to my lifestyle and my lack of ability to say “no!” to myself and my friends.

If you stop and think about that for a moment that’s a really sobering thought: I was the cause of all of my problems.

It wasn’t something I intentionally set out to accomplish…I just followed what everybody else did and I ended up in a mess!

What I want to point out though is that my income wasn’t the issue (it is for some, but not for most). It wasn’t because of the economy, the society, or the government. It wasn’t because of a lack of knowledge and it wasn’t because of my friends.


The same is true about you though:

You are the reason you struggle with money. (I realize that is a blanket statement, and I do understand and acknowledge that it doesn’t apply to everybody.)

However, I make that statement to get the point across, and because it does apply to a majority of Americans.

…and You’re your Only Solution

The point I try to make is that you CAN change your future.

You can have hope and live without fear, stress, and worry.

You can change everything…

as long as YOU’RE willing to make the necessary sacrifices.

Finding Hope

Managing money is extraordinarily difficult.

The friends you hang out with, your family, and our society in general, ensure that you’ll have an uphill battle.

If building wealth and managing money well were easy, then everybody would do it.

We all know that it’s tough though…all I can tell you is that it’s worth it.

There are very few things in this world that you can control, but I know for certain you can control your #1 financial problem.

Michael Jackson said it well:

If You Wanna Make The World A Better Place
Take A Look At Yourself, And Then Make a Change

Oh snap. I really just busted out some Michael Jackson on you.

About the Author

By , on Nov 23, 2011
Andy Tenton
Andy is a 30-something New Yorker who turned his financial life around. He took charge of his finances, got out of debt, and is now working his way toward financial success. He is the publisher of

How to Become Rich e-Course

Budgeting 101


  1. Andy says:

    Couldn’t have said it better myself. The major problem is we want it all: now and in the future. The house, cars, lifestyle, and toys…while still having money leftover…and also having enough to retire one day.

    Most people want to succeed, we just don’t want to make the sacrifices that it requires.

  2. Peter says:

    I can’t agree with the premise of this post more. Far too many people have been duped into thinking that they don’t have control over their lives, and they can only get ahead if the government or some mystical fairy bestows success upon them. The reality is that success comes from hard work, discipline and doing things in a way as to foster wealth building.

    If you aren’t succeeding, look in the mirror – there is most likely a roadblock staring back at you.

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