Liquidating debt will lower costs

22 Jan

No, I don’t need a budget to pay back my debt, and I certainly don’t need two more credit cards.

I simply need to do zero extra spending until my debt is corrected.

If you borrow even one dollar for anything other than your primary house or a profitable investment, the should go to paying that back.

And finally, nowadays I receive emails from people who are working on developing their own Money Mustaches.

They often detail income, spending, and debt situations. Yet these budget sketches also include amounts for entertainment, cable TV, and multiple cars.

We don’t talk about cutting up our credit cards, or clipping coupons to save .00 on the newest Swiffer mop, or making a budget that forces us to save 10% of our income while we devote the rest to “guilt-free spending”.

I don’t talk about my own personal battle with consumer debt and how much I struggled to get out of it, because come on, I am Mr. I was cleaning and ironing my five dollar bills and storing them meticulously in a photo album at age ten*, I was never going to go out and spend so much on my credit card that I couldn’t pay it back at the end of the month!