Debt & Stress
Talking about debt is usually a very tough topic for anyone, especially those who are in a serious amount of debt. Student loans, credit cards and other bumps in the road of life can often cause us to stress often to the point of illness.
Our personal story of debt is one that makes me anxious just looking back on it. We were of course a young family starting out when we had an unthinkable thing happen to us. I will be talking about that “thing” later this year in a series of posts. It left us without any income for awhile, no insurance for us or our son and bills were of course left unpaid. I remember many nights going to sleep wondering how we would even buy a few groceries.
We came up with a plan that did cost some money, but thankfully we were able to unload the debt, pay off some debt and my husband and I both landed what we consider to be our dreams. This did not come without stress getting to where we are today though.
We had great credit before we ended up in debt. We had a newer vehicle, some credit cards and other means of money. We had those exhausted before we could blink. I hated doing it, but often we were using a credit card to keep the lights on. When the money wound down to almost nothing and the payments for the cards came in we would scrimp and save to just make the minimum payments. Talk about stressful! My husband and I both ended up with some issues from all of the stress and of course it was hard on our marriage and definitely not easy on our young son, but we made the best of our situation and always tried to make memories together.
Over those years we learned to be more thankful for what we had, appreciate the little things in life and now when we can afford to make a purchase of something that we need or want I feel that we are even more appreciative of that as well. Getting into debt is often easy, but getting out is definitely not.
We are thankful for debt services that helped us to get back on track and we can now say that the debt that we have is a reasonable amount, more in line with typical amounts for the average household.
How do you keep your debt in control? Please feel free to comment and share your own tips with our readers.