#DebtIsNotForever is a month long campaign that Jackie over at The Debt Myth has started. I'm cutting it real close with this one, but a lot of my fellow pf bloggers have joined in on this movement and I don't want to miss it!
Debt is Not Forever
When I think of my debt, I get overwhelmed. A lot of the time, I feel like I’m literally drowning in my debt.
My credit card debt still exists, even though I’ve paid it off “for good” several times already.
My student loans are slowing taking my money each month and they’re sticking around for much longer than I wanted them to.
My car loan is not so slowly draining my account each month and it has me locked in for another 3 years.
And please, don’t get me started on my mortgage.
Pay days are easily the most bittersweet days of the month for me. Sweet, because I’m so happy to see what I’ve earned. I work hard every day at my job and it’s nice to see the real rewards. Bitter, because the money doesn’t sit in my own bank account for too long before it gets sent away to my debts.
This cycle happens every 15th and last day of the month, and it’s a real rollercoaster of emotions for me. At the end of pay day, I’m mentally exhausted and exasperated. I literally feel like I’m drowning and I’m barely staying afloat.
But that’s the thing. I feel like I’m drowning, but the reality is – I’m staying afloat. The light at the end of the tunnel is so incredibly tiny at this point. But the great thing is that the end is there.
I may feel like I’m drowning now. But I know that there will be a day where I’ll be out of the water, lounging on a beach, sipping my Mai Tai, and basking in debt freedom.
I’ve stopped saving for my wedding. I’ve cut back considerably on eating out and entertainment expenses. Sacrifices have to be made in order for me to get out of debt for good. Whenever I feel like it’s too much to give up, I remind myself of how freaking good it will feel when that first pay day comes around and there’s no one left to pay but myself.
Whenever I feel like I’m drowning, I close my eyes and tell myself:
Let’s be realistic – the end of my debt is not near. But the end definitely exists. My debt is not forever!
And all of a sudden, I’m overcome with relief and motivation to keep on keepin’ on.
Debt is not forever, my friends.
How are you doing on your debt journey? What motivates you to keep on fighting?