The Crushing Weight of Debt
Debt starts out as such a friendly thing. This may be tough, but think back to when you had no debt. Then came the new car smell, the feel of the idling engine purring, the smooth talk of the salesman telling you how good you look in it. The last thing on your mind was $45,000! Not you! It's only $350 a month. And he tells you it's an investment in your future! You've got a good paying job. And, you can drive it home today with NO MONEY DOWN! Who'd of thunk?
Now entering the debtor zone.
But life is still good. Then, you get a notice for a free weekend stay at a local resort. Nice! What's an hour listening to some people jabber about cruises? Let's go! "Hey, you mean I could go THERE! I've only seen these places on Lifestyle of the Rich and Famous! Yeah baby! There I am, right there on the beach at that resort! Hmmm... It's only a bill and a half a month... Sure, why not?
Now you're up to $500 a month in payments. Still not really hurting, though.
Six months later, as you are enjoying life, an idea comes to you. "You know, I really like my job, but I want to earn more money. I should go to one of those tech schools." As you look at your options, you find that you can even go back to a very good school and get some certifications or even a degree with no out of pocket money. So, you do it. Not bad. No payments until you are done with school, and even then, there are options to postpone those payments. Not bad at all.
The nice thing about school was the people you met. Especially the one that you ended up marrying in your third year! Now she is a keeper! Such a bright and happy future together to look forward to! Within about six months, you are looking for a house. "Hey, we've been paying this much in rent, and this is an investment in our future, so we can afford a little more." Then you find THE home, that SHE REALLY loves (and, it's not so bad in your eyes either...), and... "Well, you bet - we can afford that. We can do it. For you, my love, anything."
Oh, sorry, got so caught up in the romance, I forgot about our friendly debt load. Now, with the house, the HOA, the insurance, the home warranty, the additional utility costs, the car payment, the vacation rental, the groceries, the dog food (can't have a big yard without a good dog back there!), and keeping the romance going - suddenly, you were no longer making enough to make ends meet. You're beginning to feel the squeeze, and considering a second job, as soon as you finish school. Your debt load has grown, silently, bigger than you had envisioned. You are done with school now, but for some reason, you are still earning the same income, and now, the letters start coming to you asking you to start paying back those loans you lived off of for so long. What? $450 a month? Are they crazy?
Debt starts out as our "friend", but debt is a Trojan horse. Debt is sold as something that will help us, but debt is truly our enemy. Debt is sold to us as the sound of freedom and of a life enjoyed; but debt is a slave master that slowly and deliberately steals the life away from its victims, along with friends, meaning and purpose. All of it - gone.
And debt attracts more debt.
You don't have to stay in debt. You don't have to stay under its power. Seek out and learn debt elimination strategies today. A budget, while seemingly impossible at first, is your friend. Visit [http://debt-elimination-strategies.com] today for real solutions to these real problems that threaten to crush your hope of living that beautiful dream you once had.
Now entering the debtor zone.
But life is still good. Then, you get a notice for a free weekend stay at a local resort. Nice! What's an hour listening to some people jabber about cruises? Let's go! "Hey, you mean I could go THERE! I've only seen these places on Lifestyle of the Rich and Famous! Yeah baby! There I am, right there on the beach at that resort! Hmmm... It's only a bill and a half a month... Sure, why not?
Now you're up to $500 a month in payments. Still not really hurting, though.
Six months later, as you are enjoying life, an idea comes to you. "You know, I really like my job, but I want to earn more money. I should go to one of those tech schools." As you look at your options, you find that you can even go back to a very good school and get some certifications or even a degree with no out of pocket money. So, you do it. Not bad. No payments until you are done with school, and even then, there are options to postpone those payments. Not bad at all.
The nice thing about school was the people you met. Especially the one that you ended up marrying in your third year! Now she is a keeper! Such a bright and happy future together to look forward to! Within about six months, you are looking for a house. "Hey, we've been paying this much in rent, and this is an investment in our future, so we can afford a little more." Then you find THE home, that SHE REALLY loves (and, it's not so bad in your eyes either...), and... "Well, you bet - we can afford that. We can do it. For you, my love, anything."
Oh, sorry, got so caught up in the romance, I forgot about our friendly debt load. Now, with the house, the HOA, the insurance, the home warranty, the additional utility costs, the car payment, the vacation rental, the groceries, the dog food (can't have a big yard without a good dog back there!), and keeping the romance going - suddenly, you were no longer making enough to make ends meet. You're beginning to feel the squeeze, and considering a second job, as soon as you finish school. Your debt load has grown, silently, bigger than you had envisioned. You are done with school now, but for some reason, you are still earning the same income, and now, the letters start coming to you asking you to start paying back those loans you lived off of for so long. What? $450 a month? Are they crazy?
Debt starts out as our "friend", but debt is a Trojan horse. Debt is sold as something that will help us, but debt is truly our enemy. Debt is sold to us as the sound of freedom and of a life enjoyed; but debt is a slave master that slowly and deliberately steals the life away from its victims, along with friends, meaning and purpose. All of it - gone.
And debt attracts more debt.
You don't have to stay in debt. You don't have to stay under its power. Seek out and learn debt elimination strategies today. A budget, while seemingly impossible at first, is your friend. Visit [http://debt-elimination-strategies.com] today for real solutions to these real problems that threaten to crush your hope of living that beautiful dream you once had.
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