Today, let’s talk about your debt… and where it all started. If you’re like most folks, it began innocently enough, probably with a low credit line that blossomed into an overwhelming burden. Now it causes stress, relationship troubles, sleepless nights and generally moves you further and further away from the life of your dreams. Because now, you are a slave to that debt, instead of doing what you really want to do.
Recently I spoke with a caller, Alicia, on our TV/radio show. Currently, she is crippled by debt and feels it’s unfair she put herself and her family in this position. So I asked, “Everyone’s story starts differently, but do you remember making your very first purchase using debt?”
“The first time? Well, when I had my daughter 16 years ago, I used my first credit card… to buy baby stuff we needed.” Alicia started her debt to buy things for her child, which sounds like an excusable reason. She needed a crib! She needed a stroller. And if you’re a parent, you’ve probably experienced something similar. Even if someone gave you a baby shower, missing necessities often remain.
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