Showing posts with label Your personal development minute. Show all posts
Showing posts with label Your personal development minute. Show all posts

Friday, December 6, 2013

Why Getting out of Debt was a Bad Idea – Your Personal Development Minute

This is Ignacio Ceja, and this is your personal development minute. For weekly insights and personal development delivered to your inbox, click here.

Years ago, I had a small amount of credit card debt. It was about $6000. I carried it for a while and then finally had enough and made a goal to get out of debt. I got a few books on eliminating debt because after carrying it for so long, I was used to it. I needed a little help.

I did everything the books said. I analyzed my past to find out the root of my relationship with money. I made a budget to see the true state of my expenses. I made a goal to be debt free and wrote it down. Finally, I set up a payment plan and focused on being debt free.

It worked. About two years later, I was completely free of all credit card debt. I had reached my goal.


Or had I? (continue)