Debt: Destroying Your Future One Dollar at a Time

April 1, 2011

I wish someone would have explained to me the ramifications of having debt.

I imagine a conversation like:

Someone Smart: “Hey Jessica, debt destroys your future.”

Me: “How can it destroy my future? I’ll totally pay if off.”

Smart person: “You think that now but there’s a possibility that someday you’ll be unemployed. How will you pay for your debt when you are unemployed?”

Me: “I totally have a good job now. I have a degree. I’m a teacher. Teachers are always needed. I’ll never not have a job.”

Person smarter than me: “Are you certain of your future? Do you know how your life is going to play out? No, you don’t. You need to plan for a time when things may not go according to schedule. You need to plan for the ‘what ifs’ in life.”

Me: “But I don’t know how to do that. I only know this one way.”

Smart person with great ideas: “Let me show you a few books to read. I want you to read a few stories from people who are in debt.”

Unfortunately, I didn’t have a conversation like that with anyone when I was younger. Hell I didn’t have a conversation like that when I was older. I’ve learned the hard way.

I’ve let debt nearly destroy my future. I’ve gotten myself into so much trouble that I’ve nearly destroyed my children’s future.

I really hope that someday my story gets spread to young people. I really hope they know how bad debt is to your life. I want nothing more than for the next generation of young adults to learn that debt is not the way to live.

Debt destroys your life. It destroys your future. It robs you of freedom. It steals your strength. It sucks your sense of self worth into its black whole and mushes into a poor representation of what it use to be.

Debt takes your serenity, your inner peace and turns it into turmoil.

It’s a lesson I’ve been learning slowly over the past few years. It’s been compounded in the past year as I’ve really tried to make the right changes.

I was made further aware of this today. As I’m trying to take a step forward I am once again reminded of how I’ll be held back because of my debt.

I went apartment hunting today. I’m trying, no scratch that; I MUST relocate 100 miles away to Columbus, Ohio. I made a deal with my ex, in an effort to avoid a costly court battle. I agreed to relocate to an area near him by this summer so we may enter into a joint custody agreement.

This will be a good thing in the end. IF I can manage to make everything happen.

Securing an apartment is not easy when you have not paid on your credit cards for a few months over a year. There’s a good possibility that I will be turned down for any apartment I am interested in living.

Debt is attempting to destroy my future and that of my children.

All I can do at this point is hope that some how this will work out.

Right now, I’m worried.

I’m sorry that I have not finished the Coupons Step by Step series. I have not been feeling the whole blog thing. I’m trying to figure out what is up. I am contemplating some changes around here at The Debt Princess. I just need to decide what stays and what goes. I think I know my answer and hopefully very soon I will be back in the swing of things. I hope you’ll stick with me.

I also blog at A Five Star Life. I write about anything that comes to mind but try to focus on finding the good in daily life.

Tags: Lessons Learned

6 Responses to Debt: Destroying Your Future One Dollar at a Time

  1. Katrina
    on April 8, 2011 at 10:50 am

    Thanks for your honesty! I too am in a very similar situation, I think our lives have brought us to the same place, but our beliefs will take us a different way. I will be interested in seeing where you end up with your struggles. God bless & much luck!
    Katrina recently posted..My Epic Stories & Writing


  2. Katrina
    on April 23, 2011 at 5:20 pm

    I am stopping by to see how things are going. Haven’t seen a post from you in a while and wanted to let you know that I have enjoyed your blog and because of that I have given you the Versatile Blogger Award.

    You can see it and pick it up at my blog
    Katrina recently posted..My Epic Stories & Writing


  3. LaTisha @FSYAonline
    on April 25, 2011 at 9:17 pm

    Sorry to hear about that. I hope you are able to find something just right for you. Stay encouraged, you didn’t get a head start with someone to tell you exactly what to do but you will finish a winner!
    LaTisha @FSYAonline recently posted..Cut Expenses So You Can Invest


  4. Jessica07 on May 24, 2011 at 2:41 pm

    You’ll pull through this. Don’t lose faith! :)


  5. Bob Jackson on January 8, 2012 at 1:22 am

    Hey Thedebtprincess,
    I know what you mean, You can eliminate all debt in the fastest possible time by starting an avalanche.I recognize that starting or getting caught in an avalanche probably would not be your idea of an enjoyable time. But what if I told you that the principles of an avalanche are very similar to the principles used to eliminate all debt in the fastest possible time-frame.
    Keep up the good work


  6. Bob Jackson on January 8, 2012 at 4:42 am

    Ola! Thedebtprincess,
    Cool Post, I have seen debt destroy far too many relationships. Remember rather than fold it in, look for the best debt consolidation information or if doing it yourself is way too much then look into a debt management company because that knowledge is the very first step to mastering where your money is going. One of the biggest dilemmas facing people today is the effective and proper money management and if your looking for a debt consolidation solution to help from debt destroying your life then seek it out. Most people have allowed debt to destroy any hope of possibly living debt free but you shouldn’t because there are many options to consider before packing it in. There are many debt and credit services available that will put all of your qualifying debts into one low monthly payment via a debt consolidation loan but you start this process before your credit score dips lower than you want and you are looked at with bad credit.



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