Let’s establish a couple of facts.
First, no matter how anemic your bank account may be. . .you’re not broke.
Second, even though your money may run out before the month does. . .you’re not broke.
Before going any further. . .let’s define the word broke which according to dictionary.com it means:
“without money, penniless.”
I hear from people who have a six-figure income who talk about how broke they are.
And by the same token, I hear from people receiving government assistance talking about how broke they are.
In our effort to figure out why some people are or feel like they are broke. . .let me ask you several questions.
Are you spending more money than what you’ve got?