Out of Sight, Out of Mind: Debt Doesn’t Play That Game
I want to talk about something that I am sure many people in debt face. I know because I was one of them. The topic is denial, specifically debt denial. Sometimes we all get into a spot where if we stop thinking about it, then it doesn’t affect us as much. I hate to break it to you, but debt doesn’t work that way. Sorry to be so harsh, but it is true.
Out of Sight, Out of Mind
When I was playing the credit card tango, I didn’t want to face the facts. I was racking up debt faster than I was paying it off. As long as I was making the minimum payments, then it didn’t matter to me. I just continued along my way and made sure that my credit card payments were met. If I didn’t get a call from the card company, then who cares. I kept the fact that my debt was more than my annual income out of my mind.
I rarely looked at my credit card bills. I would log in online and make the minimum payment without digging into the meat and potatoes of the bill. I didn’t want to know how much I was spending or how much interest I was being charged. I was blind to the fact that I was messing up my financial feature. My debt was out of sight and out of mind. I was in denial, debt denial.
The Harsh Reality
If it wasn’t for my wife, I would have never taken responsibility for my own actions. I would have probably continued to spend, spend, and spend some more. After I sat down and looked into my finances, I realized something really quickly. Debt is not like a broken tail light. If you choose to ignore it, then it just continues to get worse. It doesn’t just sit there waiting for you to fix it. Your debt mountain will just continue growing until you can no longer manage it.
Debt is truly a monster. You can choose to ignore it, but it will not ignore you. It will follow you around until you choose to fix your financial lifestyle. It will weigh you down until make it difficult to breathe until you gain the strength to lift if off. You can ignore a broken tail light (at least until the police pull you over ;)), but you can’t ignore debt. Debt does not discriminate. It can affect anyone.
Want to Change?
Well, now that you know that you can’t hide from debt, how about making a change? It is actually easier to do than you think. It is time to sit down and see how bad off your finances really are. Once you break it down and accept it, then you can create a plan to get rid of it. There are many ways to pay off your debt, but you just have to start. That is the first goal, but the easiest one to accomplish. As my friend Laurie, from the Frugal Farmer said, why not start today? There is no better time than now.
If you want to make a change, then join The Debt Movement and be a part of something extraordinary.
Are you guilty of ignoring your debt, or did you attack it early on?
Image courtesy of FreeDigitalPhotos.net