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Do you feel like you are drowning in debt? What percent of your income goes toward paying debt? 10%? 20%? Over 30%? Are you playing the “credit card game” (moving your debt from one card to another and not paying them down)? Counter to what most people have learned over the years, money is emotional, not mathematical. It is our emotions that have driven most of us into the debt load we are struggling to carry.
It’s ironic that in an age of relative prosperity and unbelievable opportunity, a majority of people are suffering financially due to overspending and excessive debt. People are spending recklessly! We are constantly bombarded by the media to embrace extravagant lifestyles regardless of whether we can afford to or not. Some call it the “Disease of Consumerism.”
It appears as though today’s generation, instead of fearing that it will not have anything, fears that it will not have everything. Because of this we live in a time of great self-indulgence and very little financial self-control.
