Now That January Is Well Under Way……

Now that January is well under way, are you wondering how you are going to pay off all of those Christmas gifts you charged? Are you dreading the credit card bill coming? Are you robbing Peter to pay Paul?

Or did you pay cash, use debit, or write a check for those gifts? Or did you pay your credit card bill in full when it came? If you did, Congratulations! You have started off 2019 with a lot less stress than many.

I know that some of my readers are paying down debt and I am 100% behind them and cheering them on. They know that it isn’t easy but they are doing what it takes to become debt free. They don’t want the stress anymore.

But there are others who I am sure put Christmas gifts they couldn’t afford on their credit cards that are already charged up $ 5,000. and higher. Why not? In their minds, each gift only added a little bit to what they already owe. Instead of looking at the big picture and what they already owe, they just charged away.

Some owe so much money now that they can’t figure out how to pay normal expenses like car and homeowner’s insurances, utility bills, gasoline for the car, taxes on their home, and even food each week. So they just add them to the credit cards.

Some aren’t even trying to pay their debt off. They just are in total denial. They pay the minimums on their cards each month while the interest just keeps building up. They go out to eat many times a month and enjoy lots of entertainment each month. They continue to buy crap that they really don’t need. How do they do that you say? Easy, they just keep putting it on the credit cards!

They believe that they deserve to do all of these things even if they have to run up the credit card bills. Well, I know you won’t like this people but I am here to say that if you can’t pay for it, you don’t deserve it! Someone has to point out the truth to you!

If you can’t afford to buy Christmas gifts, eat out, go to the movies, the casino or the sports game or any other entertainment venue, don’t do it! If you have debt, get rid of the cable bill and any other bill that is not a necessity. Cut way back to get rid of those credit cards!

If you need to get a job or a second job to pay them off do it. Your future is at risk if you don’t. How long do you think that you can just keep putting expenses on your credit cards before you have no more credit to use. That will happen faster than you think. 

I have seen people in my 51 years of marriage who have eventually lost their homes or have had to sell their homes to pay off debt. It wasn’t medical debt which is a whole different ballgame. Do you really want that to be you? That is a really scary thought but it is true!

I don’t want to see any of you who read here stressed out because of debt. It’s January and a new year. Do what you have to do to get out from under that burden. It can be summed up in two words:

STOP SPENDING!

Get back to basics and put every spare dime on your debt. Yes, your debt. You created it and you must pay it off.

I know there will probably be a few people who will still be in denial after reading this and will be really ticked over what I have had to say but that is okay. They can just stop reading and go their merry way because this blog obviously isn’t helping them. I have written on this subject over and over again but there are some that just don’t get it! They continue to ruin their futures and there really is no helping them because they refuse to help themselves.

If I sound angry, I am not. I just don’t understand why people live a life of denial and continue to ruin their futures. I would hope that people are smarter than that.

So make this the year you finally get out from under your debt burden. Do the hard work! 

If you need to see a great example of someone who is paying down their debt go to Out My Window .
She has paid off a number of debts and continues working on others including her mortgage debt. I cheer her on all of time! She is a great role model for those of you who have debt.