The Debt Trap

Paying off your debts and saving money is less stressful than spending the rest of your life with your back against a financial wall. True financial freedom is not just about having money, but more importantly having power over that money as well; a spending plan is just the thing you need to achieve this.

The spending plan approach is some what different from that of a budget. With budgets, we can feel victimized and they can heighten our poverty consciousness.

But with a spending plan, you look at how much you earn and then you decide how you want to spend the money. With this approach, you hold the power to decide, to manage, to make your finances work. You can choose to spend your money differently so your life works more smoothly. This approach is enormously empowering and leads to financial success.

Remember this…..paying off your debts and saving money is less stressful than spending the rest of your life with your back against a financial wall

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9 thoughts on “The Debt Trap

  1. swamp

    Morning Kate. Seems so easy, but these days everyone wants to throw money at you. Temptation has a lot to answer for. I try to keep a few feet away from that ‘wall’, but it is hard sometimes.
    Have a good Monday, and thanks for splashing by.

    Reply
  2. Jazzy J

    Hi Kate sugar:)) How are you in this new year that we see ourselves in once again? It is always good to see your face appear upon my humble page :)) New year and new beginning’s for me. I’m moving into a new home as from next week and a new job to be started in March:)) Have a jazzy week sugar:)) Lv Always JJ :))

    Reply
  3. Trev

    Hi Kate – Thanks for dropping by.
     
    Laird – Hunger = Misery = Debt

    Spending plans are all very well for those who can afford them.

    Reply

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