Photo Cred: She Lives Deliberately
In America today, debt is considered to be just part of normal life. We go into debt to go to college, we go into debt to buy a car, we go into debt to buy a home, and we are constantly using our credit cards to buy the things that we THINK we need.
As a result, we’re swimming in debt bruh.
We often have “buy now, pay later” syndrome. We want what we want when we want it and will do whatever it takes to get it! This often equates to us [ballin on a borrow] and using credit to satisfy our desires. What if we just had the patience to actually save up for what we wanted and paid cash for these purchases? We would be able to live a life without worrying about any debts piling up or having extra bills to pay each month. Less stress! Sounds pretty awesome right?
The ‘American Dream’ is all about having it all together — the nice car, the house, and anything else that we could ever want. Are we as Americans too materialistic? A lot of times, we’re making the money, we have these nice cars and these nice houses, anything that we could ever want, and we’re still unhappy! We still don’t have that sense of peace and joy within us, and that’s a problem. Additionally, regardless of how much money we make, we still have problems with making ends meet and still living paycheck to paycheck. That’s because most times when people’s income increases, their expenses and spending habits increase as well in an attempt to increase their standard of living. So does it really matter what your income is? Because like they say, “more money, more problems.” You can never have a fulfilled life chasing after those material things. Instead of trying to increase your standard of living, you should focus on increasing your quality of life. How can you increase your satisfaction with your life without relying on material things?