That just about sums it up!

"If your outgo exceeds your income, then your upkeep becomes your downfall".

I'm reading Larry Winget's book "You're Broke Because You Want To Be". This quote is on page 68. While the "broke" part doesn't apply to me any more (it did, once upon a time before I wised up!), I find that I am really enjoying this book. A bit of schadenfreude? Perhaps. A bit of "been there, realized that"? Definitely. I like his no-nonsense approach to life, success and everything, and think it can be applied to much more than one's financial situation:

"You're Fat Because You Want To Be"
"You're Beautiful Because You Want To Be"
"You're Miserable Because You Want To Be"
"You're Lucky Because You Want To Be"
"You're Unhealthy Because You Want To Be"

I also like his distinction between "broke" and "poor". Poor is lacking in resources and opportunity. Broke is about squandering/wasting the resources you have.

This is the first of his books that I've read, and since I don't watch tv, I haven't seen his tv show (I'd rather spend my time reading or listening to audio programs). He comes across as a hardass in the book, but for some people, the soft approach to self-help just is not going to be effective.

So far, I give this book a DC two thumbs up. I'll be checking out his other books once my current stack is depleated.