Bermuda Islander - Step 7
Updated: Dec 08, 2020 11:17 AM
INTRO – STEP 7
Debt: The Conflict Between Wanting Versus Really Needing!
The Deceptively Deceitful Allure of Debt
Debt is easy money. So is a lump sum payment, upfront cash, easy to justify, easy to spend. Trouble is, what you bought with it, what you used it for - like propping up the HomeFront Budget - is not yours, not until you pay the cash back.
Personal debt is a personal burden, almost turning one into a financial slave.
You are not your own complete person when someone, a company, or a government can control your financial dignity and destiny.
These unplanned for expense items can throw a simple monthly cost plan into disarray.
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