-
Important Update from the Founder: After a year of growth, changes are coming to Discussion Bucks. Read the full announcement here.
How are you living debt free?
- Thread starter Augusta
- Start date
I don't live beyond my means. I don't spend money on useless items that I'll regret later. I'd rather save money or invest.
eLdavis
Media Lab Marketing Team (Digital Promoters)
Staff member
Digital Promoter
Gold Supporter
Literary Virtuoso
Registered Member
- Joined
- Sep 21, 2023
- Messages
- 6,722
- Reaction score
- 580
- Location
- Nigeria
- D Bucks
- 💵10.757025
- Referral Credit
- 50
For me it is quit simple, I am simply managing what I have. I make use of anything that comes my way and manage it the best way I can.
it is easy if you don't think about it I understand if you have no other choice but you have to count if you will be able to return the money
Unfortunately we in the family have debts to pay. One already started earlier in 2020. Another could mortgage my mother's second house, due to the high costs to be paid for my judicial matter that you know. This concerns: Lawyer, procedural costs and compensation to the offended parties.
In other words, to add insult to injury
King Belieal
Community Manager (Engagement Coordinator)
Staff member
Engagement Coordinator
Gold Supporter
Literary Virtuoso
Registered Member
Yours is circumstancial and unavoidable. It has to be done to keep you free and alive.Unfortunately we in the family have debts to pay. One already started earlier in 2020. Another could mortgage my mother's second house, due to the high costs to be paid for my judicial matter that you know. This concerns: Lawyer, procedural costs and compensation to the offended parties.
In other words, to add insult to injury
But some people on the other hand just plunge themselves into debts just because they want to live an unnecessary flashy lifestyle which has financial consequences in the long run.
Easy to say when you've never started a business or taken a big career risk. Sometimes you gotta spend money to make money as they say. Not that I'm in debt or anything, just saying being rigid about it could hold others back.
I just make sure I tailor my life to align with the level of my income. I don't stretch. If I take debts, I don't do more than $2 that I know I can easily pay back. I am glad to say I am completely debt free.
The best way to live debt-free is not to get in debt in the first place. If we get in debt, then its hard to get it back, and its hard to live without debt, so the first thing we need to do is not start taking debt from others.
