Wednesday, January 15, 2020

Consequences of Debt: HOPELESSNESS


When you consider the lie that so many have chosen to believe as truth - "Debt is just a part of life. There's nothing you can do to prevent and there is nothing that you can do to resolve the problem." - then you can see how this can definitely lead to HOPELESSNESS


Debt IS a deep, dark hole that WILL suck you in AND suck the life right out of you! You MUST look at debt this way and understand this comparison to be accurate and TRUE! This is important because, until you DO understand how serious this problem really is, you will not do what you need to do to get OUT of this debt. 

Many people that deal with a debt problem don't want to admit there is a problem in the first place. "Hi, my name is _________ and I have debt!" Maybe that is what is needed! According to an article written by Bill Fay, many people go into DENIAL about their debt in the following ways: 
  • Underestimating how much you owe.
  • Not answering the phone when you suspect a collection agency is calling.
  • Leaving bills unopened or just stuffing them in a drawer.
  • Opening a new credit card when your old one is maxed out.
  • Telling yourself that everyone is in the same situation.
Mr Fay goes on to say, " Such behavior just leads to more debt as interest charges and late fees pile up. But ignoring reality is a handy defense mechanism for the brain. It’s a way to rationalize mistakes and protect your ego. The problem is reality always sets in." 

My experience has been that, a lot of people aren't just in denial, they don't WANT to know how bad their debt problem really is. It's the "Ignorance is Bliss" mentality. But, as Mr. Fay points out, REALITY ALWAYS SETS IN and, friend, this is where HOPELESSNESS also sets in. 

The GOOD news is that we CAN fix this! "As long as there is breath, there is hope!" is a phrase that I coined back in 2009 and it certainly applies here. As long as you are alive and breathing, there IS hope regardless of how impossible it may seem. You have opportunity TODAY and every day that you draw a breath to "turn things around" in your life and in every area of your life. 

WARNING: This will not be quick and easy! But, friend, do not miss the point that it CAN be done.

I do have a solution for you. I've mentioned it before but want to make sure that I share a way out for you in this area of debt. Go to www.ulivefree.com and check out the information found there. You don't have to fill out any information unless you want to download the "more detailed" information found in the e-book. Watch the videos and the testimonials found there and then get in touch with me and let's see what may be possible for you.

In the next article, as we continue to discuss the consequences of debt, we will be talking about "LIMITS". Being in debt will definitely limit your life in many different areas.

Be sure to join me for that and, until then, whatever you do, always be sure to...


"Make it an AWESOME day! (Who else is going to do it for you?)"

Mike


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