Slipping into A State Of Debtabetes


  Sometimes I think that I may be suffering a case of debtabetes.
  Just what do I mean by that? Well, in his book, Good Debt, Bad Debt Jon Hanson uses this term to mean when a person uses a bad financial diet to exist  he finds himself suffering a financial stroke. It is when we look at cash flow as our financial insulin that we come to realize we could suffer from debtabegtes.
   It leads to debt obesity wich is poor money management.
   Debt, I have discovered, tends to have four effects on me. I suffer a loss. In  fact four losses by being presently in debt. Someday I hope to surface from debt and be able to reach back and help someone else up. That is one loss,. Since I am in debt I lose the opportunity to do that. I presentgly can't take advantage of mentoring another.
   Another loss is my loss of freedom. I can't do want I want to do. Someone has said, and he was joking, that  working while carrying a load of debt is like a prison work-release program.  You are release each day to go to work, but the balance of your time is spent in a mental prison."
   At least I think he was joking.
    I am workikng to keep what I have. I can't make the decison to acquire more. I fact, I can't even make the decision to change careers.
   The third loss I live with because I am in debt is a loss of time.I can't make the choice to be someplace else. I have to be in front of my computer pushing affiliate offers in hope that someone will see one and purchase the item so I can get a portion of the cost. The thing is I have 24 hours in the day just like you do. I can't take my wife anywhere and spend whatever I like on her.
    All these losses seem to be intertwined.
    The fourth loss is that of cash flow. Each dollar, penny, nickel, dime, quarter. has to go to paying off the debt I have. I have no walk-around money.  There is no money for incidentals.
    Still, each penny that goes to paying down my debt brings me that closer to freedom.
     I am slipping into a state of debtabetes. That is if I am not already there.

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