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Home > What Being in Debt Can Teach You About Money

What Being in Debt Can Teach You About Money

March 16th, 2008 at 08:21 pm

1. When you are in debt, you learn to put what's most important (rent, food, utilities, healthcare, debt) first.

2. Rather than focus hopelessly to make our debt decrease, I simply make the payments and don't focus on the debts with any negative emotion. If you focus on these things with negative emotion, you will simply get more of what you don't want.

3. Don't beat yourself up if you make a mistake.

4. If there something that you want or need, but have no idea how to get it, place your order with the universe. Tell the universe what you need, but don't try to figure it out. Let the universe decide how it will happen.

5. There's no such thing as a free lunch. If I go to a department store to buy a specific thing and the associate offers me a store card with a discount on purchases that day, I turn it down. Those cards have an outrageous rate and are not worth it.

Posted in Saving Advice Contest Entries | 1 Comments »

1 Responses to “What Being in Debt Can Teach You About Money”

  1. reflectionite Says:
    March 25th, 2008 at 02:53 am 1206413618
    1206413618

    i always try to approach my debt with excitement about how much i have actually paid off (it's relatively small compared to some here - only about $4200 for my car) compared to how much i have to go. or, i compare 6 months ago to the progress i have made up to today. Smile

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