When I first saw that analogy, I felt like I had been hit by a brick! It made sense to me for the first time in a LONG time.
I am currently taking an online class with the AMAZING Eryka Peskin called “Done with Debt”. I don’t know about you but I am tired of living in credit card and school loan debt. I want to be free from all of that so that I can have less stress in my life. Who isn’t tired of living from paycheck to paycheck? Who would love to have some extra money or a savings account?
Here is something what Eryka sent in her first email to us:
Commit. Nothing’s going to happen or change if you don’t commit. Seriously. Debting is addictive. It’s as addictive as sugar and cocaine (okay, not scientifically corroborated, but still! It’s a hard habit to kick!), so you need something powerful to counteract the drive to debt.
WOW! It was a wake up call for me. It created an excitement in me about budgeting. I have done Dave Ramsey’s Financial Peace and I succeeded THEN I “relapsed” back into debt. It snuck up on me, much like my addiction to drugs did so many years ago.
The first step in any addiction is to admit that “we are powerless”. The truth is that I do feel powerless when it comes to money and finances. I have “justified” my debt for years much like I used to justify my addiction as just recreational.
For some, you may be thinking “why admit this?”. You may think this is crazy. You may think “grow up”. But for that one person out there who wonders if they can ever climb out of debt and end the cycle, this is for you. There are programs for overeaters, for alcoholics, for drug addicts, and the list goes on. Have you ever seen a 12-step program that helps people truly deal with their relationship with money? I hadn’t until Eryka came into my life.
I am not sure how the connection initially happened but I can say that it was a blessing. It came at a time when I was ready to make changes in my life – financially and in my business.
So I took the first step (actually about 3 weeks ago)….
Don’t incur any new debt today. Don’t borrow money from anyone—a friend, a family member, a credit card, your overdraft, don’t ask for an advance on your salary…Just for today, don’t incur any new debt.
In addition to this, I cut up ALL of my credit cards. Yes, I have a debit card BUT I will not spend more than is in the account because of the overdraft fees.
I challenge you to do the same. The journey with Eryka is 14-days long and will be difficult at times BUT I am ready for the challenge. Are you? I am using Eryka’s mantra:
Revel in your awesomeness.
Own your strengths.
Stand in your power.
Have a ThirtyOne-derful day!