Don’t Let Debt Dictate Your Life.
How many of you are carrying around debt that dictates how you live your life? I am sure there are many out there, for sure. I was one of them too – in my twenties and very early thirties I had about $25,000 in credit card debt to my name. I had no choice but to live where I was living, drive what I was driving, and stay at a job I absolutely hated – all because I owed so much money to the credit cards. Had an emergency come up I would have been absolutely screwed…and a few years ago I swore I would stop all that nonsense. I paid off the debt, moved to a town I wanted to live in, and quit the job I hated to strike out on my own. I have never looked back and I don’t plan on doing so anytime soon if I can help it. But the only way I could even attempt it is by not carrying around any consumer debt (other than my car payment, which I hope to get rid of this year as well) and not falling back into the debt trap. One of the major keys to living the type of life you want to lead is to not owe money. I am not too concerned with auto loans or mortgages, as most of the time the bigger ticket items do require you to borrow some money. (Last time I checked, no one I know bought their $300,000 house in cash.) If you are hanging on by a thread with a pile of debt to pay off, you are letting debt dictate your life – and that’s no way to live.
