The end of the month is the time we all look forward to, i believe. We are always excited to go to the bank for that money we've worked so hard for. (ok, I'm always excited). But the question is, how long does the excitement last?
Back in varsity, my roomate and I had this thing of going to different restaurants every month end. We had a list of all the restaurants in town that we wanted to eat at, and we had some critics business going on. We did the same with movies, seeing all the movies in circuit and reviewing them; just for fun.
As time went by and we grew up, moved out of res, graduated, started working, became independent, we lost that. Why?? We had other things to do with money, What?? Pay off debt. We found that we had credit at three different retail stores already, we are paying off our cars, we are renting, and there are credit cards.
Some of us get to the point where, we've sunk so deep into debt that the minute we get paid there's already loopholes that need to be closed.
Excitement turns into FRUSTRATION.
I consider myself still very young, but its very sad that, at this age, I cant buy anything in cash..And I look at all these things i bought in credit, and i realise, i'd still have afforded them if i wasnt in a debt-trap. Instead, I'm in a debt spiral and i have no idea what i will live on, should I lose my job today.
How does one reach a point of ending the trauma and "living in cash??? Is there a step-by-step formula of balancing your credit. I, for one, sure need all the advise.
Its not even the end of the month yet, but between the 25th & today, my bank account has run dry. I'm already broke and waiting for next payday.
Why does this happen? How can I get out of this? Am I the only one experiencing this misfortune?
