I know the title of this blog post and talking about the reasons for why a person would have no money is pretty straightforward, but sometimes that approach is needed if you are going to face your financial situation more realistically.
After all, one of the top reasons for why a person lands on this exact blog post is because they are searching Google for “I can't save money” or “Why can't I save money?”
I believe the first thing a person needs to do when it comes to improving their financial situation, such as getting out of debt, is to realize why they are stuck.
If you don’t know what your problem is, then it will be hard to make a positive change.
Once you confront the reasons for why you are stuck and have no money, you'll then be able to make a better plan to get out of your financial rut.