7 Reasons people are in debt and remain there!

pd

Do better folks! I love this scripture “ How long will you lie there, you sluggard? When will you get up from your sleep? A little sleep, a little slumber, a little folding of the hands to rest— and poverty will come on you like a thief and scarcity like an armed man”. Proverbs 6: 9-11

1. People are idle.

They are so comfortable doing things the way they think is “normal.” Knowing what to do is not the excuse, they most certainly know. There’s so much evidence points how being in debt has a direct disastrous reflection on marriage, self-esteem, relationships and um… your future. Stop being lazy and get up off your bottoms. Life can be so much rewarding with freedom.  Do you just completely lack commitment and self-discipline? How humiliating.  

2. Trying to keep up with other folk.

These days it’s keeping up with not only the Joneses, but the Allen’s and the Wilsons’ too. Do you know that these folks are driving leased Range Rover’s and living paycheck to paycheck?  I would say run as fast as you can from such folly.

3. Don’t want to give up or let go of their “stuff.”

People are so addicted to stuff. Clothes, handbags, shoes etc. I can definitely relate as I was obsessed to “stuff” once upon a time. Thank God I’ve been delivered. Being addicted to stuff is self-mutilation. You’ll find yourself never being content. This is a terrible place to be. It’s truly not worth it. You’ll never ever have enough stuff so do yourself and let it go! Reclaim your freedom.

4. People are terrified of change.

Change is very uncomfortable. The unknown is frightening. Swiping credit cards and using money you don’t have will eventually boil over and burn you to no point of return. It’s best to change and take control of your life.

5. Folks just don’t know how.

People think their current debt issue is too much and can’t ever see themselves being debt free. They think owing a half of 100K in credit cards will never go away. They are right if they don’t act and act fast. It takes strategic planning to see light. There is light at the end of the tunnel.  

6. People don’t plan.

The bible say’s “write your plan down.” Habbakkuk 2:2. People just spend unwisely. They have no plan of their spending. Writing down goals for budgeting will hopefully give you a plan to adhere to.

7. Folks can’t stop swiping the credit cards.

People are used to swiping the credit cards out of convenience. It’s so much easier to swipe, swipe, swipe. Why not use it huh. I even heard a very dear friend say “ why not use someone else’s money to pay for your purchases?” This is the most ridiculous statement I’ve ever heard of in my life. She was serious too. Do you know that same purchase will cost you about 25% more when you  “use someone else money”? My friend was very convinced and no way anyone could change her way of thinking. We must educate ourselves and do better. You’ve got to know this is not correct. Please be careful who you solicit advice from.

Thanks for reading. Stay tuned for living debt free…

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