peace to live by

Spending Money We Don’t Have, Part 1 (TMF:2452)

Tuesday, October 01, 2024
Peace to Live By: Spending Money We Don’t Have, Part 1 (TMF:2452) - Daniel Litton
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       The truth is, a lot of people just simply spend money they don’t have. Yes indeed. I first got a credit card when I was in high school. And I remember, it was probably a year or two, maybe three, after I gotten it that I spent one month during the summer just living it up. I was hanging out with a friend or two and just charging away, not really paying attention to what I was doing. When I got the bill the next month, I realized I had blown $1700 dollars just eating out and having a good time. I thought, “My goodness. I didn’t realize I was going that far.” Yes, things just got totally out of hand, and I wasn’t even realizing this fact. And, needless to say it took me awhile to pay that off. I had to do some money ‘fasting’ if you will to get rid of that debt. And that certainly was no fun. Nevertheless, at my ripe young age, I learned an important lesson. Watch your spending. A credit card just isn’t a free-for-all. And, I learned, obviously, to not spend more money than I was making, to not spend money that I didn’t actually have. This is because it’s no fun to be in debt.