Make Your Finances Public
Cut the bullsh*t and do money better.
The reason your bank account has remained stuck at $10,000 (or maybe $5,000, or maybe even $2,000), is because you continue to make the same spending/saving mistakes.
The reason why you cringe every credit card statement date is because it's way easier to not think about it until you have too.
The reason you don't understand what stocks are, what a 401K means in the long-run, or what competitive interest rates are is even more simple. You are being a lazy f*ck and getting away with it.
By refusing to talk about, think about, or pretending not to care about money, you are digging your own grave (that you likely won't even be able to afford since funerals are hella expensive).
So. Here is a radical idea that may just change your life.
Make your finances public.
Let's talk about everything that can go wrong if you do this.
You could be embarrassed (made fun of, laughed at, get disappointed looks)
You could be robbed (likely digitally, criminals are nerds now)
That's all I got.
What have we learned from the worst-case-scenario exercise? Probably that either of these TWO things could happen anyway. And number 2 is likely irrelevant since you are drowning in a sea of debt and would cherish if someone would steal your burden.
OK. So on to everything that could go right.
You could actually get better at saving (by better, I mean "start")
You could obtain needed help (trust me, there are 1 million self proclaimed finance dorks that would love to provide money saving/earning tips)
You can maybe retire one day (or FIRE, but for either one you need to build that nest egg)
You can have a really good excuse why you can't do just about anything ("I'm totally broke, see?" is hard to argue with)
You can avoid divorce (it sounds bad, but 1 in 5 marriages end because of money issues, and you ain't an outlier, friend)
You can breathe again (for those struggling with money issues, you get this)
I could keep going, but that's already three times more things that could go right vs wrong.
So, what do I mean by public?
Couple options here.
Twitter: whether you do it under your real name, or an alias, or a pen name (if people are still using pen names), this can be an easy outlet to the world to both create accountability (consistency of posting) & to obtain helpful guidance (and likely a few really mean comments). There are a number of great accounts/people already reporting their debt elimination journey and FIRE (financial independence, retire early) progressions so you shan't be alone.
Reddit: you will certainly be roasted on the Boards, but you will likely obtain the most support from these communities. Frugal, FIRE, Personal Finance are all great threads with a nice blend of success stories, in-progress stories, what not to do stores, and total assholes. Pick you poison but absolutely use this to your advantage.
Instagram: although geared towards sexual pictures that people like to show total strangers due to some underlying insecurity, this can also be a great place to build a community and share the journey. Weekly posting is likely most appropriate, and save the latte/avocado toast jokes for elsewhere, but this can be a great way to build a storyboard of your journey to getting your finances together.
Blogs: similar to this post, most likely 5 people in Alaska will read them, but it's still a great way to log progress & get your thoughts down. Not the best feedback channel but still a great option for those who want to dip their toes.
Family/Friends group chats: for the shy folks out there (almost everyone when it comes to money), a collective that can motivate you and hold you accountable can be a great option. The issue that can come with this strategy is that sometimes friends/family will spare you if you are f*cking up, so it's likely best to pair this with a prior option as well.
So many options, so much time.
I know exactly what you are thinking.
"I didn't know investing guru Warren Buffet published a personal finance blog!"
Well, if you subtract whatever amount takes you from a multi-billionaire to someone lucky to fall above the $100k mark in the ol' savings & investing accounts (cringe worthy moment even to write that), you have arrived at the author.
If you want to know even more about the author, it's more like $50k mark. But this was a lesson. First, of how painful it is to admit that you're (I'm) not rolling in dough. Second, that by putting the number out there, a weight is lifted and I can now work towards getting that very respectable sum to $100k. And then $200k. And then maybe one day, $300k. You get my point here.
It's not going to happen over night. But I can promise you it will never happen if you keep being a total "baby" (really hard to find the appropriate term in 2019, huh) about it.
So stop crying, puking, and only thinking about what's in front of your face.
Get your grown ass sh*t together, count the beans, take ownership of where you are at financially, post that sh*t, and start building more wealth with a supportive community behind you.
About the author:
Born penniless (just likely every baby, ever), Kale Pasch climbed from total obscurity to a small fortune (read the article if you don't get that joke). From there he started a company, Froogal (www.froogal.us), that was meant to help both himself (he's very selfish) and every other shmuck:
Finally earn a great rate (the highest possible, to be exact) on their savings
Organize their financials (delete the ol' ineffective spreadsheets that you make every January and close out of your Tabs by March)
Possibly save with someone special (as I've said all along, you need someone/something to push you, or simply realize you can't afford that dream wedding, but realize it together.)
Get the f*ck away from banks (the only people who should be dealing with these places are regulators [ineffective] and businesses/institutions - they should come with a warning sign that says "WARNING: fatal to your wallet & almost certainly will f*ck you out of your life savings)
More of a satire than an article, but I hope you finance dorks and poor blog readers enjoyed it.
Also if you're wondering why I used so many dog/puppy pictures for the article, it's because you bozos are easily amused & only will pay attention if I sprinkle in some adorableness.