A Life Without Debt: The Expanded Mind Space

One of the things I’ve noticed about my debt free life is how much less distracted and stressed my mind seems to be than those with a lot of debt. I see many of my peers running around freaked out by bills, or chasing the latest “deal” on some doodad that they just have to have. They’re freaking out because the air conditioner broke and they can’t pay to have it fixed, or because a credit card cut their credit limit. They’re dodging calls from creditors and salespeople and planning elaborate avoidance strategies. They’re worried about making it to the mall before it closes, or making sure that they get in on some deal or offering before it expires. T

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5 Responses to A Life Without Debt: The Expanded Mind Space

  1. Though I am far from debt-free, one of the reasons I am also pursuing that lifestyle is because of the reduction in stress. When I was growing up it seemed as though the source of stress was almost always money. We couldn’t afford this, this thing broke so what are we gonna do, will we have money for this, etc. It really motivates me to get out of debt and, really, to become wealthy.

  2. I can’t even fathom that lifestyle!! Several years ago I had a creditor call because I had one little Gap credit card I would charge stuff on for the points and discounts, and pay off every month, and once during a really stressful time in life left the bill in my desk at work and totally forgot to pay it, then mis-spent the $$ thinking it was ‘extra’… I had a creditor call me three times ~ I thought I had paid it because I ALWAYS pay my bills! I can’t even tell you how gut-wrenchingly-stressful that was for me. I unplugged my phone for a couple of weeks. I couldn’t sleep. It was awful. I was consumed with it. Just to think about getting those types of phone calls, from MULTIPLE creditors, daily…..what a horrible way to live. And so perfectly avoidable!! I paid the bill and closed that account, BTW. Not worth the stress of accidentally forgetting, IMO. I don’t have the latest ANYTHING…just recently got my first DVD player…don’t have cable tv, rarely get new clothes, etc. I’m ok with being a little behind on things. :) So much better than paying 5 years later for something you don’t even own anymore….so ridiculous.

  3. Susan says:

    Amen Sadie, there are too many things in life that are worth thinking about besides money concerns. Thanks for this post, it was a good reminder.

  4. Gail says:

    Looking forward eventually to that in my life. In the meantime we try to do our best with the resources we are given and trust God that He will supply the lack. Old-fashioned/crazy thinking to many, but not to us.

    During another time in my life, I was married to a spendoholic. Our life was a mess of bills upon bills. We were spending over $1100 just on credit card minimum payments! When I think back to those days I get so much more peace about my life now without the spendoholic.

  5. Robert says:

    I would love to be debt free, but I think there is certainly difference in the types of debt you carry.

    Secured debt verses unsecured – much better to have the secured debt. At least then you have a true asset behind the debt (like a house). 98% of my debt is secured, so I feel pretty good about that.

    Good article, thanks.

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