Featured Discussion: Common Reasons You May Be in Debt
Hi @Will,
Would love to hear more about your journey. When you mentioned the first challenge in your message, are you referring to @Carl‘s suggestion to stop digging?
Cutting back on spending can be tough for a number of different reasons. Anything specific that you feel has been tough for you to stick to that habit?
I strongly agree with the first challenge…
It’s not a challenge really. It’s the first step. If you look at it as a “challenge”, chances are fairly high you will lose that challenge. Instead of calling it a challenge, call it what it really is…. a commitment.
If you can’t commit to step 1, everything after is a waste of time and a moot point.
Cob,
Worked for me, and for several friends of mine I referred as long as 5 years ago while I was on my journey to being debt free. For me, it was well worth 3-5 years of sacrifice for a lifetime of what I refer to as “financial peace”. If I were to die today, my wife’s standard of living will continue on with the only change being that I’m no longer in it. For me, that’s real peace.
Hey @wiredjack! Great post! thanks for the transparency! I resonate with where you are in life as I am in a similar situation. In fact, seeing how old you are, with kids and what your debt range is gives me the ability to really trust where you are coming from as I am 35 and have two kids and a mortage. Do you think this would be helpful knowledge to have as you look for advice from others?
Featured Discussion: Common Reasons You May Be in Debt
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