Your Debt isn’t Real
Does the burden of debt ever keep you awake at night? Do you often find yourself overwhelmed, feeling as if the mountain of obligations you owe will never go away? If you’ve ever experienced this feeling, I’d like to share with you a thought that could change your perspective.
The Phone Rings…
Picture this scenario: Your bank calls you one day and tells that you owe them a whopping $1 million. This is due to an incident that occurred five years ago, and they have been attempting to contact you since then. The bank insists they need the $1 million repayment immediately.
Just imagine, $1 million? An amount so large, it seems impossible to pay off. The panic starts to settle in. But what’s surprising is that this debt has been lingering for years, and you’re only just discovering it now. You owed the money yesterday, but you didn’t experience that nauseous feeling in the pit of your stomach then. Why is that?
The answer is simple, but few people realize it. The debt you owe and the stress you feel about it are two completely separate things. However, most of us tend to mix them up and treat them as one. Debt is debt. Acknowledging that you’re in debt is the first step, and yes, it’s a harsh reality. But this doesn’t mean your emotions should be tethered to your financial situation.
When you understand this one point, your whole life can change dramatically.
Once we get past the emotions and look at the truth and reality of the situation, we can begin to make lasting change.
Making a Plan
Ok, so you are on board. If we want to get out of debt, what’s the solution?
It starts with developing a plan. Debt, like any other problem, can be tackled with a strategy. It’s essential to focus on “paying yourself first.” This means that by taking care of the things that are most important to you, you make sure that they get handled, and not pushed of for when you can hopefully afford them in the future.
If paying off debt is a priority, pay your debts before any other bills. Pay your bills before you go out to dinner or even pay rent.
Following this strategy, you’ll slowly but surely start moving towards a debt-free future. Having a plan can help detach your emotions from your debt, providing you with a roadmap to follow rather than feeling lost in financial chaos.
Allowing the stress and worry of debt to consume you only drains your emotional energy. This energy should be reserved for the truly important aspects of your life — your family and friends. Stressing over debt won’t make it disappear faster, but having a plan and being consistent in following it will.
Remember, debt is just a number, and like any number, it can decrease. Yes, it’s crucial to acknowledge that number, but it’s equally important not to let it rule your emotional wellbeing. After all, isn’t life about enjoying moments with our loved ones rather than worrying about numbers on a screen?
It’s time to break free from the shackles of debt stress. Lay out a plan, stick to it, and gradually you’ll see that intimidating number shrink. Remember, progress may be slow, but as long as it’s steady, you’re on the right path. Save your emotional energy for the things that matter most. With patience and discipline, the journey towards a debt-free life becomes much more manageable.
