Goodbye to debt
Saturday, 10 March 2012 20:03
“The man without money is at the mercy of the man who has it,” said Napoleon Hill. Let us move motivation to a practical day-to-day dimension! A million aspirations and more have failed to take root because the man or woman who conceptualised them was bound in chains and locked in a prison by a common master: DEBT.
Debt has the power to break the vigour of someone who had the potential to achieve so much. It is very difficult to rejoice and celebrate when bound in chains of debt. It is even more difficult to create, innovate, and taste your true potential when an array of unfulfilled obligations hovers over your head. I have been in debt and I know that debt is a habit — it is a result of a perpetual imbalance between what you reap and what you slaughter. Debt grows from a small amount (a debt seed) until it evolves into a huge bitter fruit with spikes on it — ready to poke you.
It is a burden that can squeeze all the confidence out of you. Greatness isn’t always about money but, let’s face it, economic freedom is a good measure of progress and society often has a tendency of evaluating people on the basis of how much wealth one has acquired. Financially independent people receive more respect and honour than those with unfulfilled arrears.
Greatness requires that one be completely liberated from these chains of debt and doom by making a firm commitment to saying, ‘Goodbye debt — Hello financial independence’. Stop digging!
The moment you realise you want out of debt, the first and perhaps most important step is to stop digging. Debt is a huge hole that can completely swallow you. To stop this perpetual captivity, you will have to stop buying on credit, stop borrowing to finance day-to-day costs like expensive luncheons and unnecessary dates. Stop digging and be true to yourself. It is better to carry around an empty stomach and a clean debt record than to sell your freedom to another for the price of a quarter meal. To stop digging you may as well be required to temporarily downgrade the kind of lifestyle that you lead, perhaps sharing an apartment or taking up a more affordable dwelling.
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