Daily Cheapskate: Do you have debts? Do something | Hobbies



Doing something about consumer debt is good for your finances – and just about every other area of ​​your life.

HEALTH

Experts say there is no doubt that having a lot of debt can be stressful and cause all kinds of health problems. This can lead to worry, sleeplessness, communication breakdown, depression, and anxiety. Credit card debt has a terrible impact on our health. Our bodies suffer the consequences of the heavy burdens that our minds carry when we put our lives in financial danger. Do something about your debt today, and you will do something good for your health, too.

JOB

Being in a job you hate is a horrible place. Every time you think about leaving, you realize that you can’t afford it right now because you have too much debt to pay off. Start doing something about your debt today to get you out of your miserable situation.

RELATIONSHIPS

I’m not proud of it, but it’s the truth: loads of debt made me lie to my husband. I was angry with him for not making more money; he learned he couldn’t trust me. The # 1 killer of marriages is unresolved conflict. And what do couples argue the most about?

The main area of ​​conflict is money. Divorce is expensive. If strengthening your marriage was the only reason to protect your life from debt, that would be reason enough. Want to reduce stress at home? Do something about your debt. You will be amazed.

FUTURE

Having credit card debt keeps you in the past. Think about it: now you are legally obligated to pay for things that you can’t even remember buying with money you haven’t yet earned. Debt reduction has the opposite effect. It frees up money to save for the future. Looking ahead and planning for the future will improve your life and lift you out of the past. Doing something about your debt will seriously improve your outlook on life.

PEACE OF MIND

Creating a plan to methodically pay off the debt brings a feeling of peace, joy, and calm. Even if you have to start small, that’s fine. The key is to start right away. It will never be easier than today. And remember this: as long as you are heading in the right direction, even small steps count. Keep going, don’t stop and don’t give up!

Convinced? Are you ready to make a serious commitment to get out of debt and stay that way? I can help you with my book “Debt-Proof Living: How to Get Out of Debt and Stay That Way”. In it I share the simple money management plan that got me out of over $ 100,000 in unsecured debt (which translates to something close to $ 300,000 in today’s dollars and , yes, we’re still 100 percent debt-free!) and has helped thousands more to do the same.

Mark today on your calendar the day you decided to do something about your debt – and you meant it. I know you can do it, and I would be honored to walk with you until you pay off the last dollar of the debt that keeps you in financial bondage. I know you can do this!

This is an updated column previously published in 2014. Mary invites you to visit her at Every dayCheapskate.com, where this column is archived with links and resources for all recommended products and services. Mary invites questions and comments to https://www.everydaycheapskate.com/contact/, “Ask Marie.” Tips can be sent to tips.everydaycheapskate.com/. Mary Hunt is the founder of Every dayCheapskate.com.

Get “Living Debt-Proof: How To Get Out Of Debt And Stay That Way” on https://www.amazon.com/Debt-Proof-Living-Debt-Stay-That/dp/0800721454/ref= sr_1_3? crid = 3DJW67EVQYPDA & keywords = debt + proof + living + mary + hunt & qid = 1637596684 & s = books & sprefix = debtproof + living% 2Caps% 2C231 & sr = 1-3.


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