At this time of year, many people feel pressured to go into debt for the holidays. What is the impact of Debt on your relationship? It’s significant and many people suffer from Debt Fatigue. This creeps up on people who, while they likely work hard at a job that doesn’t fulfill them, will compensate for that lack of fulfillment by spending money under the guise; “I deserve it”. The satisfaction is short lived and while debt mounts for many people, the prevailing attitude becomes hopeless, believing that they can’t get out from underneath it so they might as well throw another item on the credit card.
We’re encouraged to go into debt. It’s kind of like crack cocaine. It’s available everywhere.
I want you to consider that debt is a form of modern day slavery. The word debt is rooted in Latin and means to ‘not have’. Every dollar of debt you have you are enslaved into tomorrow in order to work to pay it back. This severely limits our choice in life.
‘Debt’ will allow us to have it now and pay later. And the truth is you can have it now, and you pay now, and you pay later. How you pay now is through a level of stress, because you always know that it’s there. That stress can have a huge impact on your relationship.
My invitation to you is to work together and look at what money means to you, what debt means to you, and what it would be like to give up something and have the experience of actually saving for something so that you don’t go into debt.
We’ve lost that anticipation, that excitement of saving and being able to purchase something wholeheartedly, knowing that in the receiving of it it’s paid for. To savor something is a delicious thing. We’ve lost the ability to savor a thing we save for and in that we lose something precious. We become dependant on instant gratification and become filled with disappointment when we can have something NOW.
It’s kind of like going on a vacation, putting it on a credit card and realizing that when you come back from the vacation you have to pay for it.
That’s a level of stress your relationship could do without.
How could you change the stress level in your life?