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getting out of debt

 
What's your take? (click here)

tomtank4  

NEED HELP

Jun 12, 2010

NEED HELP WITH PAYING ELECTRIC BILL.

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ricardog  

What is Debt?

Oct 27, 2009

I’ve gotten several email message and phones calls from people wanting to talk about debt. But then one interesting phone call came to me and I was asked. What is debt?

 

I thought of the question and tried to find a real good answer and this is what I said. “Debt is a way of over extending your spending before you receive money.” The person on the other side of the phone call was happy with the answer but then after I hung up. I started thinking about the question again.

 

We live, work and play in a society that except us to have everything today. Not yesterday, not tomorrow, but today and because of that we over extend ourselves. We have to have the best, the latest, the newest and grandest before anyone else. We have to show off, be better and be first.

 

Because of that thinking, we get ourselves in debt. We just have to…

 

But you must go deeper in your thinking. Is it worth it? Is being in debt worth all the glorified items in your life? Making payment, after payment and after payment for that item to please others or be first or just to have it.

 

I have to remind everyone that debt is not necessary in your life. It is not that important. You take debt out of your life and your stress level will go down a lot and I do mean a lot. Yes, I do understand that you have to have a car or a home or the clothes that you wear. But anything beyond that is not really necessary.

 

You must and work hard to get out of debt, no matter at what price. You must change your thinking and live within your means without getting into debt. Don’t worry, that sale will happen again in the future. That lamp, you will find it cheaper somewhere else. Life will go on without you even having to buy that product with a credit card.

 

I work with cash. If I don’t have the money, that means, I don’t need it. If I want a big ticketed item, I save. I never put it on credit and I don’t buy anything with credit. Yes, I do have a car loan but I double the car payment to get out of that debt faster, as fast as I can. But if I had credit card payment, I would not be able to do that. Can you?

 

But you must remember, Is it worth it?

 

 

 
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My Precious 4  

About My Precious 4

Sep 30, 2009
I am a single mother of 4 beautiful children, I recently had a car accident over the summer and right now am going to physical therapy 3 times a week for a slipped disk in my neck and and my lower back, it's hard for me to sit, stand, bend,lift,or walk for long periods of time, I am only 33 and was wanting to go back to school when my children did this september but i couldn't because of this, let alone work, my bills are way past due, my landlord is selling the house i live in , meaning my children will have to change schools, and i am soo out of hope these days but all this is nothing to what i recently found out about my youngest son, he is 13 and for his school physical last month they found a curve on his spine, my worst nightmare his x-ray was positive for Scoliosis of the Spine he goes to see the specialist next month hoping they caught it in time before his growth spurt. what is a mother to do but pray, but as my luck is the same, everyday it's something :(  how can i not lose a little more faith. is there any help for me out there??? i'm not and never have been one to ask for help, but i'm lost and alone with no answers right now, thank you for reading this, just writing this and getting it out helped a little. I am also in need of a job, I haven't worked in a few years but have alot of different kind of expierence in different fields, if anyone knows of anything , even with my neck and back pain ,i'll dp whatever for my cildren! again thank you.
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