Excuse #1: “I work hard so I deserve it.” Nah, the experts say what you really deserve is the peace of mind that comes from getting rid of debt. You can’t get that without cutting out unnecessary expenses.

Excuse #2: “You can’t take it with you.” Experts say yeah, but you’ll probably need it before you go. They predict 8 out of 10 people will run out of cash before they run out of time.

Excuse #3: “I’m expecting a big bonus (or raise).” Also known as “I’m getting a tax refund” or “I’ll inherit some money.” One of the best ways to blow a budget is to spend what you don’t really have. So, act as if that windfall is never coming, and budget accordingly.