Stumbled Upon DEBT

15^th August 2016. Nothing seems to inspire me after debt has eaten the best part of me.

Last night, I had starred at my ceiling for the longest time before I finally reached the dreamland. I wondered where my life has been for the past 6 years after graduation or after I have my license as a professional. After my cursory review, I have seen my life in constant up and down, ending in a pit of the same old problems. Though I am currently working my way out, I never really felt I made any progress. First, I am still in debt. Second, I am still part of the rat race doing things I am less motivated with. And third, I don’t find meaning in all of these.

I would like to take myself to the first problem. What have I done and what have I been doing which lead to this unresolved financial catastrophe? Looking at the figures, I never seem to cut debt because I keep adding after I have finished one. But unlike in the past years, majority of the debt are used for investment and purchased of assets needed for my personal operations. Despite this move to improve investments, debt will always be debt! And I am suffocated and tired of it. I have also made a monitoring system to check out the due dates and when I expected to pay them off. At first, it worked then today it faltered.

Aside from my mishandled debt monitoring schedule and plan, my personal lifestyle is also dysfunctional. I spend more than I earn and this has caused me in immense financial trouble. Along with my bad financial habits, I spend a lot with friends outside with for hang-out and leisure. I also spend on non essentials like mobile games and filters.

I know I must do something to kill debt the soonest and it should start now. At times I felt really helpless and thought to myself will I ever find a way out of this misery? Now, just by writing this contributes to massive amount of stress. I am going to find a way. There must be a way.

Since I already listed everything and started paying off one by one, I will have it printed and finalize the amount. I will make a standard budget including cash flows statement to ensure that everything is under control and within the limits of my capacity.

Discipline is the key to get out of debt. I don’t have that’s why I am still here. But I believe one of these days, I will get out of this and change my life.