Common Excuses for Staying in Debt

I’ll Get To it Later

When we put things out of sight and out of mind we tend to become complacent. Complacency is a huge factor in preventing people from paying down debt. No matter what anyone tells you, the more complacent you are the less likely you will strive for change or strive to make positive changes in your life that are worth making. Complacency leads to comfort and comfort often leads to indifference. When you are indifferent about your situation your much less likely to try and pay down debt because “who cares”, you can always get to it later. This is a bad state of mind to live in and one that should look to be avoided at all costs.

The Debt is Too Large

When your debt gets out of control and it becomes too difficult to manage some consumers can often become demoralized and feel hopeless with regards to paying down their debt. When this occurs you really need to shift your mindset otherwise you’ll be stuck in a vicious cycle of revolving credit card debt. Debt can negatively weigh on you mentally so it’s important to not let it get a hold of you or it could really do some damage. When your debt numbers look so large that they make you feel hopeless, take a step back and look to create a measurable plan with small actionable steps you can take towards achieving your goal. You can also look towards utilizing the services of a debt relief company to help you overcome.

I’m Waiting on the Funds

Anytime you are waiting for funds and aren’t sure where they’re coming from it usually is in your best interest to stick to your current path. Wishful thinking is great but we can’t allow it to get in the way of responsible financial habits. Successful finance is based on budgeting and realistic expectations. If you’re debt feels to big too manage you should consider working with what you have and making small strides. You probably didn’t accrue the debt overnight so you can’t reasonable expect to get out of debt overnight.

Whatever your excuse is, it’s important to understand that in an age with so many financial options and a plethora of knowledge to explain tactics and strategies to eliminating debt, there really isn’t an excuse to “not take action”. No matter how small that action is. You don’t have to move mountains or do something completely outside of your comfort zone if you’re not okay with that but you need to take some type of action regardless of what kind it is. Remember indifference and complacency are a common enemy to all and they leave you feeling “okay” with your situations, even if they’re not "okay" situations. No matter what you need to strive to be the best version of yourself and that usually means paying down debt and not just letting your finances go "idle" because you don't like how they look.