Is the Great American Dream Really a Nightmare?

I am grateful that I have very little debt.  It allows for a tremendous amount of freedom that many in America do not have.  We have been conditioned by lenders to believe and accept that debt is “normal” and necessary to get ahead.  So many of us rack up credit card debt paying for meals, gasoline, online orders which results in the average household owing $15,000 in credit card debt.  Add to that car payments and a mortgage and the debt just piles up.  I am here to tell you that debt is the #1 killer of dreams.  Period.  No ifs, ands or buts!  The biggest favor you can do your future self is to escape the lie and begin paying yourself out of debt.  For many it would simply require 3 years of sacrifice and dedication:
 

image credit: wnd.com
 
http://andthenwesaved.com/150k-in-debt-to-debt-free-in-3-years/

Big Dreamer

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11 thoughts on “Is the Great American Dream Really a Nightmare?

  1. Debt is horrible. My late grandfather drilled that into my head starting at a very young age. What’s sad is that they don’t teach us about any kind of financials in our high school education here in the US. It’s absurd really.

  2. I agree with every word you’ve posted. I currently have a couple bills that are just about to get paid off. No, they are not credit card bills. One is medical, and the other one is for the rear brakes on my car; both with zero interest. I am almost done with them. Other than that, I am always paying my credit cards by due date.

  3. So true! I have never been in debt before, but now since becoming unemployed I owe my friends and family members small amounts of money, which I have been in a position to pay back but I keep putting it off and I don’t know why. I definitely need a reality check when it comes to money, and I will give myself one later after seeing this post! So thanks lol

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