What would you do if you suddenly had extra money? Would you think of paying off existing debt? Or will you consider buying that luxury handbag that you’ve always? Your answer to this question says a lot about your financial status at the moment.
If you opted to pay off the debt you currently have, this means that you are a responsible individual. However, if you choose to use your extra cash on something you’ve intended to buy, then have the wrong kind of mindset surrounding money.
The question to ask yourself is this: do you really need that bag? If you know that you don’t, but you’ve still decided to buy it, then you shouldn’t be surprised that you’re in debt.
Whenever you’re reevaluating your spending habits, like your credit card debt, or your lack of savings, how do you feel? If you have been putting off dealing with all these financial problems, then you may be in a lot...