Blog

You Don’t Deserve Anything

By Debt.ca on January 7, 2013 No Comments

See if the following sounds at all familiar to you:

“Hmm, I can’t really afford this car/vacation/TV/whatever else, but I’ve been working really hard lately and haven’t done anything for myself – I DESERVE this”

If you’re like most people, you’ve had lapses in judgment like this where you justified a purchase you couldn’t afford because you deserved it.

Today we’re going to talk about just how dangerous this mentality is, and how the very word deserve is doing you a disservice and delaying your realization of your goals.

Origins Of The Word Deserve

The origin of the word deserve comes from the Latin deservire, which meant “to serve well”.  The meaning later shifted to something like “to earn a rightful claim by doing something”, which later changed to the more modern understanding of “having earned a claim” to something.

Where We Go Wrong With Deserving

Let’s face it, we’re all very good at convincing ourselves that certain things are true.  When it comes to convincing ourselves we should buy something, we’re all masters.  The problem with using the word ‘deserve’ is that it doesn’t really mean anything.

At your job, you have an agreement to do certain tasks and in return you’ll receive a certain amount of money.  Having agreed to this, we can rightfully say you deserve your income.  To look at it another way, if you did your work and then your company offered you a pay cheque of half of your agreed-upon amount, you would be rightfully upset because you deserved more.  That is, you had ‘earned your claim’ to your full payment.

But that’s never the situation that actually happens.  What happens is that we convince ourselves that, for some vague reason, that the world owes us MORE than the agreed-upon amount.

You tell yourself you worked hard last month and you deserve that new TV to help you relax after work.  Or you tell yourself you didn’t really take a vacation last year, so you deserve a spectacular one this year.

The crazy thing about this kind of thinking is that YOU are the one who’s rewarding yourself.  You’re effectively giving yourself a raise for a job you did without having the money to do it.

You Don’t Deserve Anything

At least, you don’t deserve anything “just because”.  No matter how hard you worked last month, you don’t deserve anything you can’t afford.  Going into debt for a vacation or buying a TV on a payment plan is foolish.

Planning for a vacation and saving a portion of your income every month until you can afford it means you “deserve” that vacation.  Not because your boss forced you to work overtime, but because you planned for it and saved for it.

Rewards Are Important

If you’re working hard to get out of debt, it’s important to set milestones and reward yourself.  You need the encouragement and something to look forward to.

For example, if you’re currently paying $500 a month towards your debt, you might choose a time 6 months in the future where you’re only going to pay $300 that month and go out for an incredible date with your spouse to celebrate your hard work with the extra $200.  By planning this kind of reward, and only doing it once certain conditions are met (i.e. actually paying that $500 a month from now until your deadline), you can truly say you deserved it and feel good about the whole thing.

Randomly deciding that you’re too lazy to cook tonight and that you can afford to pay less on your debts because you feel you deserve it is short-sighted, weak, and etymologically incorrect.

Don’t fall victim to that part of your brain that tries to talk you into doing silly things.  If you hear yourself think the word deserve let that trigger an alarm bell and really think about what temptation you’re facing, then step back, plan ahead, and make sure you truly deserve it before making the purchase.

Debt.ca

Admin


Which Type of Debt Should You Repay First?

By Amanda Reaume on March 23, 2017

Some people feel very anxious when they’re in debt and want to pay it off as soon as possible. But if you have a lot of debt or if you have many different types of debt, then you might be confused as to which debt you should pay off first. The first thing that you…

Having the Money Talk with Your Romantic Partner

By Rubina Ahmed-Haq on March 16, 2017

Money is one of the major reasons couples fight.  A study out of Utah State University found that couples who fight frequently about money are more likely to get divorced. That’s compared to any other issue they might fight about, child rearing, their love life and household chores (as an example.) Before your relationship moves to…

How to Save on Heating Costs, Even as a Renter

By Jordann Brown on March 9, 2017

One of the best ways to free up room in your budget to pay down debt is to trim your expenses. There are plenty of ways to trim your budget, but one often overlooked method is to reduce your utility costs. Home heating makes up 42% of your home’s overall energy use, and drain your…

5 Tax Breaks You May Not Know About

By Alyssa Davies on March 2, 2017

We’re getting closer to the time of year when the Canada Revenue Agency awaits your annual income reports. From there, they will determine whether or not you are income tax receivable or income tax payable. What’s the difference, you ask? Income tax payable means that you must pay the government within one year, and income…

No Comments Leave a Comment  

Leave a Comment

Free Savings Estimate

How much do you owe?

$100,000

$5,000
$100,000
Live Chat
Welcome to our Live Chat
Agents are not available at this time. Please leave a message. Thank you.
First Name
Last Name
Phone
Email
Postal Code
Debt Amount
 
PHP Live! powered