How Did This Happen to ME?

Posted by peterdekuster on
  • Wrong story.  ‘You spend years trying to save money – for what? You could die”
  • The  up and down nature of our careers
  •  It is easy to get credit.
  • We don’t recognize the real costs of things. How hard you had to work to get that money in the first place. You gave a little piece of your life in exchange for that money you spent or gave away.  Consider that your life is limited and time is more valuable than money.
  • Sometimes bad luck like an accident, major illness or divorce can send you into debt.
  • Maybe you bought the notion that you need to have credit to get credit.
  • The little devil on your shoulder whispering in your ear ‘come on, you know you want those shoes’
  • Maybe you are a bit impulsive and want instant gratification.
  • You never think about how interest can kill you or how you will pay it back. You are living in the moment.
  • Maybe you used your credit cards to get a project off the ground that never had liftoff.
  • You think you make more than you actually earn, and so you spend more than you really have.
  • Do you feel as if the world owes you a vacation? New car? Nice dinner? You are broke but you somehow rationalize that you should still be able to buy what you want.
  • Do you feel you are different and that it won’t happen to you?
  • Peer pressure. You don’t want to be left out.
  • You just love to shop.
  • You have no savings for emergencies, and a crisis sent you over the edge.
  • One spouse decided to be a stay at home mom and you made less but spent more
  • You expect miracles, don’t see down times coming, or that bonus doesn’t materialize.
  • Maybe it is a midlife crisis. The Harley, hair plugs and happening clothes add up quick.
  • You lost a job and used credit cards to go through the rough spell.

Leave a comment