The Tiger Woods Method Of Busting Your Budget

by Ron Haynes

tiger-woods Regardless what you think of him today, Tiger Woods has been taught a lesson we all need to learn: Just because you’re “somebody,” just because you work hard, just because you’re talented, just because other people like you, just because certain temptations are available to you, doesn’t mean you’re allowed to give in to those temptations.

I felt that I had worked hard my entire life and deserved to enjoy all the temptations around me. I felt I was entitled.

Don’t we say the same things about our money as Tiger did about his marriage and personal life?

We think “I’ve worked hard, I deserve that new wardrobe.” But at the same time, our clothes budget is maxed out.

We think “I’m a vice-president at my company and I deserve that new entertainment system.” But we’re constantly funneling money back and forth from our savings account (and credit card cash advances) to checking just to cover our inability or unwillingness to budget.

We say “I’m entitled to have that new car.” When we can’t even afford the car we’re driving now.

We think “It’s not really MY fault that I overspent on dining out because my friends know that when I’m asked to join them, I just can’t resist.” And we shift the blame for our own actions over to someone else simply because we can’t find it inside ourselves to say no.

Our budget-busting actions hurt others in our lives too. How much stress would be lifted from your shoulders if your emergency fund was filled with six or eight months of living expenses? How would that stress relief affect your relationship with your children, with your spouse, with your boss?

How would your relationships change for the better if you no longer lived paycheck-to-paycheck and used YNAB to give direction to every dollar your earned?

So, as Tiger Woods continues his comeback, let’s all remember the lessons he was painfully taught and apply them to our own lives. Chief among these lessons? Don’t let a sense of entitlement creep into your thinking.

And let whoever is without sin cast the first stone …

About the author

Ron Haynes has written 1001 articles on The Wisdom Journal.

The founder and editor of The Wisdom Journal in 2007, Ron has worked in banking, distribution, retail, and upper management for companies ranging in size from small startups to multi-billion dollar corporations. He graduated Suma Cum Laude from a top MBA program and currently is a Human Resources and Management consultant, helping companies know how employees will behave in varying situations and what motivates them to action, assisting firms in identifying top talent, and coaching managers and employees on how to better communicate and make the workplace MUCH more enjoyable. If you'd like help in these areas, contact Ron using the contact form at the top of this page or at 870-761-7881.

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This is a great comparison. A sense of entitlement seems to be at the root of many mistakes we make.


“I felt that I had worked hard my entire life and deserved to enjoy all the temptations around me. I felt I was entitled. ”

An interesting analogy & very true. However, wouldn’t it be nice if we could go to “food rehab” or “debt rehab” or “whatever rehab” when we are “caught”????

No, we the common people are left to deal with our choices & the attendant outcomes without the help of media experts & the such. Every single one of us puts our personal lives & family on the line when we make personal choices & we either benefit or suffer from those choices. When confronted with inappropriate behavior, how many of us suddenly say “we are suffering from an addiction”? Perhaps a loss of self control, but addiction? Really? And I do believe there are addictive behaviors that require professional help, but I also think the “addiction excuse” is being played waaay too often by way too many who just don’t want to take responsbility for their actions. Just call it for what it is…a lack of self control & maturity…


Debt rehab = bankruptcy. That one is available.


Bankruptcy=Harvest of Entitlement (most of the time)


I am not sure if it is where I Live or if it is my generation or if it is the people I hang around with but this is a huge problem. Most people I know see where their parents are at today, and think they deserve to be there, but weren’t around when they were coming up to that point.

Not sure I am expressing it correctly, but GREAT POST!

The Biz of Life

Maybe you can have a follow-up article called: “The Congressional Method of Busting Your Budget.” ;-)


Congress has a budget????

Bill in NC

Very little consequence for bankruptcy anymore.

It’s NOT a “7 year sentence”

As long as you have a verifiable income, lenders will be happy to lend to you not long after your bankruptcy is finalized.

Sure, you’ll pay a higher rate, but you can still get credit.

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