Nov 19 2008
Debt Stinks - Break Free from Debt by Changing Your Mindset
Today is a brand new day and a fresh opportunity for us to start anew. Yes, we’ve all made mistakes with our finances in the past but we can change our financial future by changing our mindset. And the first thing we need to change is our mind set about debt.
Many of us think that debt is fine. After all, we are bombarded with marketing messages saying “ Debt is fine. You can finance this or that and there is absolutely nothing wrong with borrowing. After all, everyone has debt and therefore, there is really nothing wrong with it.” We are further bombarded with messages that debt is fine when the government bails out major corporations that made stupid mistakes.
Well, if you’ve heard these messages playing in your head and you mistakenly believe that debt is fine, you’ve got to turn the record and put on one that makes sense. Debt stinks and you and you must make it your priority to break free from debt now. To break free from debt you have to bust debt like a crazy person.
You have to realize the truth…Debt robs us of our joy, happiness, money, financial peace and our future. Debt keeps us shackled to the past. Consider this. If we are so busy paying for stuff that we bought in the past, we can’t enjoy the pleasures of the present or the future because all of our money is tied up paying for old things. In addition, it just isn’t invigorating to owe others money. In fact, it leads us to stress and frustration because we are basically at their mercy of our creditors. Therefore, if you really want to be prosperous, you must start seeing debt as wrong and squash it, squash it, squash it as much as you possibly can. You must break free from debt by changing your mindset now.
Useful article that gives good points about how to get rid of debt.