A friend recently told me about money woes and just got back from a week vacation. When I asked what they were going to do the reply was, “I don’t know, we never deny ourselves anything.”
It reminded me of a quote I posted recently. “Who recalls when folks got along without something if it cost too much?” --Kin Hubbard
One of the best ways to go through life is to pay as you go. If you got the money you pay the money. If you don’t got the money you don’t buy it.
I think we become entrapped and snared by debt and don’t realize the money we owe is what’s bothering us. The more money you owe the more pressure on you to make those monthly payments.
If you don’t owe money the pressure’s lifted like a release valve on a steam engine.
Debt is like a pressure cooker. A pressure cooker is a large pot that has a top on it that clamps down tight with a pressure gauge on top. As the heat rises (my debt analogy) the pressure inside the pot rises and the gauge goes up.
A pressure cooker is fine for cooking but bad for YOU. The “never deny myself” mentality gets you into more trouble not just from the pressure of being in debt but also stress associated with it all.
Maybe you need to keep up with your neighbors, maybe you think you deserve something, or maybe you just can’t control yourself.
Whatever it is stop. Put yourself on a debt diet so you won’t find yourself…
“Today there are three kinds of people: the have’s, the have not’s, and the have-not-paid-for-what-they-have’s.” --Earl Wilson
David…
Wednesday, April 2, 2008
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