The Importance of Being Debt Free and How to Do It
Debt free? Does it seem like second nature or a pipe dream? I find people usually fall into one of those camps when I start talking about the importance of being debt free. Let me tell you I was a “pipe dream” person for a long time. But I am now a believer! Once you catch the vision of living a debt free life you’ll become single-minded to the task; and it WILL happen.
So maybe you’re still in the camp of building credit is good or a little debt is ok as long as you’re making your payments. No. Debt is a master and you become its servant in bondage; and even a little debt shouldn’t be your master. But let me tell you being without debt is FREEDOM! When you live a life without debt your money works for you in a whole new way and Mr. Credit Card holds no power over your life anymore. And frankly, debt is stressful. After my husband’s 3rd layoff I began to realize that debt was downright scary when we had to feed a family on our savings and unemployment.
So just how to do you get debt free? You start be developing some new habits. These aren’t hard, this isn’t get a 3rd job stuff; but they still may sting a bit. Let’s get to it!…