I’ve been trying to think why I can’t break my cycle of debt. I’m really trying to figure out the psychology on why I keep self-sabotaging myself.
Then I had an epiphany the other day ::
My debt acts like weighted blanket to my overactive nature.
Anxious people, over energetic people do really well with sleeping with a weighted blanket. It produces a calming and secure feeling. Like a giant hug. And with an over-stimulated mind, my heavy blanket is a Godsend in giving me a good night’s sleep.
But this is exactly what having debt does for me. When the weight starts being lifted, I feel like I have room to spend more money. Impulsive spending. Every penny has an expense until it’s all used up.
I’ve gotten good at curbing the impulsive spending with small things (once upon a time I was addicted to Starbucks). Now it’s the bigger items like financing cars. When I am zoned into the purchase I can rationalize that it’s the right choice to no end!
Having debt keeps me in check.
I need to find a way to anchor myself in a healthy way when debt freedom starts to feel real. (At this point, seems to be apparent at about the $58K mark that I have yet to break).
So what might be another way to keep my over-active nature in check when money starts becoming available again?