Debts are like weeds, if you don’t take care of them, they can overrun your lovely garden of finances, and leave you with a lot of work trying to kill them.
Borrowing money to invest in the stock market and building debt carries far too many risks for most investors. Paying off debt would be a better investment.
The article promotes “Getting out of Debt” as a solution to several problems. It helps spouses focus on more important things by eliminating financial disputes. It provides peace of mind and sleep, reduces worries by addressing one financial issue at a time. Fortifies love life, as money worries create impotency. Lastly, it enables the goal of establishing own living space, especially for those presently residing with their in-laws. The author invites readers to suggest any further possible benefits.
Many folks dread their lenten journey, but you can use it for self-awareness and growth as well. Try to add financial goals to it, you will be surprised.
Some folks wear their debt like it is a badge of courage, do not be a debt dandy. Debt is to be hated and loathed, not assumed part of life.