26/11/2021
𝗗𝗼𝗻'𝘁 𝗯𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗼𝘁𝗵𝗲𝗿 𝘀𝗶𝗱𝗲 𝗼𝗳 𝗲𝗾𝘂𝗮𝘁𝗶𝗼𝗻, 𝘁𝗵𝗮𝘁'𝘀 𝗮𝗹𝘄𝗮𝘆𝘀 𝗯𝗲𝗵𝗶𝗻𝗱 𝗹𝗶𝗳𝗲.
Here's a reminder for everyone:
If you want to go ahead with your financial life, you have to avoid getting into more debts that you can no longer pay in full or compensate.
Listen, I know people who borrow money for the sake of their business. These people know what they are doing. For them, debt is necessary to serve their clients better and to learn more. Their mentality is debt is fine because I am using it to create value and if I continuously create value and serve people, my debts would be paid. You see, these people look at their debt not as an enemy to avoid but as an opportunity to grow.
However, there are people on the other side of the equation who looked at debt the other way and this is what I am talking about here.
People believe that debts are an extension of their finances and when they can no longer pay it out, they looked at it as an enemy. If the debt was a person, it might have felt betrayed all the time. If debt could speak it would say: I was here to help and now that it's payback, you no longer remember me?
You see, when you borrow from your credit card, you are robbing yourselves of up to 18-20% of your income.
If you bought something for $2500.00 and you were to pay only 2% of your total balance due every month, it would take 333 months to pay off your debt. In other words, it would require almost 28 years to pay off a $2,500 liability.
28 YEARS of your life just paying off a $2500 liability because you chose to pay the MINIMUM!
Your true cost for the item you bought of $2500.00 would end up being $8,396.48.
I know I am exaggerating a bit but this is the TRUTH. You seldom try and check what the numbers in your credit card bill tell you but those numbers do not lie.
When you are in a sea of debt, you will always be behind your life.
Because you are paying off something from the past instead of starting to live in the present.
Your mind is always bothered. You are always anxious.
These are the reasons why getting out of debt is hard because when you FEEL this way about your debt, it will be really hard for you to accept it and recognise it not as the worst of it but simply as a number.
Why I am telling this to you? Simply because I want to help you.
I want to help you recognise that paying dollars for yourself is so much better than paying your debts.
I want to help you understand that there is a way to get AHEAD of your life.
There is a way to LOOK at your DEBT differently so you do not feel judging it and cursing it every time you see it.
There is a way to co-exist with your debt in a friendly way, one of which that would allow you to recognise it as a number that you can pay and not as a number that defines your worth.
Let us start taking back 18-20% of your income because you deserve it.
And if you want someone to help you transform your mindset on how you see your DEBT so you can get out of it for GOOD, just reach out.
I am here for people who finally want to GET out of this cycle for good.
🏆𝗬𝗼𝘂𝗿 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 𝗶𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴🏆
