Money does not make up for the things you lack in your life
Money may temporarily solve problems but is never a solution to a problem. It is kind of like using a screwdriver to drive in a nail. While it probably can be done, it is not the most effective way to complete the task. Just like the expectations that once you have more money, your problems will go away. This is a fantasy. Without changing your habits, you will continue to make the same mistakes.
If you don’t keep a handle on debt, things get out of control. You need to avoid impulse spending and overextending yourself. You really have four choices of what to do with your income: spend, save, lend, or invest. Freedom and power are better than momentary pleasures.
There are more and more people struggling with debt as economic times have become increasingly more difficult. Credit is tightening, banks are collapsing, Wall Street is off track, and millions have lost or are close to losing their homes. Many are so deep in trouble with debt that they have lost all hope and do not see light at the end of the tunnel. You may be in this place yourself. You may be dwelling on your mistakes, paralyzed from taking any action at all. The fact remains, we have all made mistakes, but no one is beyond hope. There is a light at the end of the tunnel shining bright for you. Keep holding on! With discipline, action, and placing your circumstances under God’s control, you can defeat debt.