The Debt Ball and Chain

I originally got on here to type up a post about something totally different. I just so happened to glance over at my “Drafts” section where an unpublished post sat, titled:

I’m Broke and I Love It.

I chuckled to say the least when I read that title. 1. Because that’s funny. I mean do you actually like being broke? 2. Because there was nothing in the contents of the post, just the title. So that’s a little ironic. And 3. I’ve just started getting serious about money, and semi freaking out.

So I wouldn’t say, “I love it,” hence me changing the title.

Long story short I’ve come to the realization that being broke sucks. Having debt sucks. Having to live like a monk so that you can pay off those debts also sucks.

So what the eff am I going to do about it?

We all have debt. Especially us young stupid folk that decided to go to college to get an education so that one day we could have this dream job with this dream house with this dream life where money was not an issue.

WTFface

Right… Let’s be real. Money blows. And whoever invented it, blows.

But enough of my unproductive rant…

There are 100 different ways we could all tackle our debt. Live like a monk and pay it off sooner. Say screw it, and pay the minimum for the rest of your life and be in debt forever. Or be strategic about this damn thing and try to have your cake and eat it too.

And to be quite honest, I struggle with this daily.

But thanks to my friend Natalie (and Dave Ramsey), I’ve been inspired to really take this shitty thing called debt, grab it by the horns, and fight it.

I recently went on vacation with Kris and this was my first attempt at truly sticking to a budget. To put this in perspective, I’ve never followed a budget in my life. I’m not kidding. Because mommy and daddy would always be there for me if I ever really needed money. So why would I have needed to follow one?

Bullshit.

I’m a grown ass adult and don’t need to rely on my parents to take care of me. At some point, I needed to take responsibility and make better choices. And so I did.

I’ll write more about my frickin awesome vacation in a later post, but for now, all you need to know is that I went over my budget. Yep. Shocking. BUT, I was less than $75 over. To some, that may not seem like an accomplishment, but for someone who’s never stuck to a budget in their life, this is a huge win! I’d also like to say that I can’t take full credit for this. If Kris would not have been with me on this vacation, I’m sure I wouldn’t have stuck with it, or have even thought about it.

The important thing to know here is that whatever age you are, you can still get out of debt. You just need a realistic plan. But most importantly, you need a support system.

If it wasn’t for my friend introducing Dave Ramsey’s Smart Dollar class to me, I would have never began thinking about my money. If it wasn’t for other friends who are also taking this class and going through similar debt situations, then it would easily be something I could forget about. And if it wasn’t for Kris who supports me wholeheartedly (and who’s been pushing for this budget thing since we started dating) then I wouldn’t be able to implement what I’ve been learning.

Support systems are so important in our lives. They bring positive energy to everything we do. And when it comes to debt, a support system who believes in you and can keep you on track for a better future, is worth more than any amount of money.

Now, I’m not suggesting I know it all (or anything for that matter) about money and debt. However, I would say that you don’t have to be broke. With a little time and mindset change, you could be on your way to financial freedom! For real, though.

Stop pulling this poor me (like I was), get your shit together, and do something about it.

 

Cheers,

Laine

 

 

 

 

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