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When Getting out of Debt Just Can’t Help You and There is A Way Out

  • Writer: paulnkumbula
    paulnkumbula
  • Feb 25, 2021
  • 7 min read


You have been sitting down lately worrying about how debt has become so much

Of a problem to your life. You have tried so many ways just to get out of it but yet somehow

You still find yourself accumulating tones and tones of debt that you can’t seem to figure out a perfect plan of How to get out of it. You feel so low most of the times and wonder just why you are such a financial mess. You ask yourself all sought of questions like why am I so broke, why can’t I just have enough to pay for everything, how do I always have to find myself getting into debt to solve or my problems, why why why!!

Well the truth of the matter is that everyone else is thinking just like you. Everyone else somehow somewhere right now is in debt or they will soon find themselves in it.

In this video I am going to let you know why you are in Debt and the reason you won’t get out anytime soon if only you won’t take these simple steps that I am freely going to highlight to you step by step like no one will ever do.

Before I get into this revealing truth of the reason you are in debt and why no one is telling you the truth to get out of it fast, please subscribe to my channel and give me a thumbs up to encourage me to bring more detailed content about personal wealth and financial tips you don’t want to miss.

Imagine that everything you do from the day you were born until today in your life has been nothing but contracts you have been signing up for? Imagine from the day your parents bore you and fed you until you became an adult you signed up a contract to be in debt from all those sacrifices your parents spent on you and yet you know nothing about it. Imagine all those crazy School fees they had to pay for you, imagine the student loan you signed up for just because you thought that’s what everyone else who doesn’t come from a well to do family does, imagine the mortgage, the credit cards, the car loans imagine the home rentals you had to bare just because you thought you an adult and the pride of thinking you can stand on your own now and needs to gear up to face the future and the fear of the unknown by starting your own family somewhere in the City because well, that’s what everyone else who gets an education does.

That’s what happens. Everything you do in this life has a current or future contractual obligation to an average person and the problem is that we are not aware of it. That’s major reason why you are in debt right now. I know this sounds strange but yes it’s the truth and no one wants you to hear this because well, that’s how everyone else is trying to surviving. Out of your ignorance. Can you imagine that the moment you got that new job the kind of future debt you signed up for? The water and electricity utility bills, the home rentals, and the food you have to eat to get by to your work, the outings and vacation costs with your family and friends, the medical bills, the transport costs you have to spend on and oh that heavy student loan still on your back.

The world and its economic system was designed to sign us up into debt and that’s the reason that after you grow up you find yourself feeling so indebted to your parents. The world and its economic system was designed to make us believe, for us to call living worth it and valuable we have to look for money all the days of our lives to fund whatever the system has described as the criteria to live a good and Honourable life. The sad part to this is that, the system has blinded us in understand this fact by feeding us with mediocre information because they know that if everyone could get it, market systems world over would crush. Well, to tell you the truth, the economic system today thrive because of people that want to continual to live according to predetermined path of financial mediocrity.

So you are probably wondering then what should you do now that you understand the problem. The answers to the key steps might be heart breaking and almost impossible for many of you as you might be already sitting on an avalanche of the most toxic debt ever experienced. Your life is simply an atomic debt bomb that would need to be exploded for you to be free. If you are watching this video and not yet in employment you are probably half way lucky and if you are not yet in college or university then you are supper lucky and a good reason to recommend this video to many of your friends before it gets pulled down from the internet.

So here are the key steps that are going to make you get out of Debt fast.

1. Position your way of Getting out or into a Debt Trap

For every shooter before they can get their target they always have to aim. This is the hardest part and why so many who will not achieve to act on this key step will not fight their way out of poverty and debt. Debt Trap, just like poverty is a battle and therefore calls for tough soldiers that are ready to sacrifice and dedicate their strength and mind in fighting it. This calls for those in debt to dedicate their lives to fight their way out of it by swiftly turning around their lifestyle by driving their way in living a pattern of, what the world thinks you should live, for them to sustain from you, to living a life of what you think to sustain from yourself. Let no one rob from your hard earned resource because they have been doing that already from your parents since you were born and you can’t let that continual for the rest of your life. Getting out of the Debt Trap means fighting your way to avoid decisions that will result you to conform to worldly economic system and lifestyle to that of a self-sustaining system and lifestyle of doing things. This calls for you to begin driving yourself to certain repetitive pattern of doing things and replacing them with what won’t bind you to totally depend on it. The people who will pass this step position themselves to achieving a total transformation of their financial breakthrough.

2. Develop a Debt Elimination Plan

Now let’s be honest here that the main reason why the life of debt and making other people strive from your ignorance has been as a result of the absence of discipline on your part simply because no one has ever guided you on how to approach certain decisions you make. So simply put, Planning is your guardian angel of where you need to go and the path you should take should some obstacles come your way. Many people set themselves over ambitious plans for complex problems which are not even realistic. Take it to your mind that first of all by you getting into debt it didn’t happen overnight and so will getting out of debt especially that you had to get yourself into silent contracts unknowingly. A great example of getting into or out of debt is like losing belly fat which first of all you can’t tell when it happened or when it will happen but slowly and steadily if you stick to your plan and make it like your daily habit soon your belly would be gone. It’s important to find someone who could help you develop such a plan and mentor you in achieving it similarly like how a gym instructor does. Above all, support from your family and friends around you remain vital in achieving your Plan.


3. Teach Yourself New Tricks and Habits

There are certain old tricks and habits we sought of have gathered over time that we are probably not aware of but are the major reasons we are in the situation we are in rite now. There are essential rules you have to stick to when you embark on this journey that you don’t want to avoid but simply put will be your most valuable tools. Habits that die hard includes things like not sticking to a budget when spending and the failure to differentiate between needs and wants can be pathway to a multitude of debt contracts.

4. Create Your Own Economy

This right here is what will break or make you. It is important to note that the current economic system has enslaved us into debt accumulation and hence the big reason everyone should begin to start thinking about creating their own economies. By economies, what I mean is that you create your own wealth circulation and distribution systems such as becoming producer and supplier of your own food supplies. This systems are essential in your growth to leading a debt free life as they help to maximize resource utilization and maximisation in the absence of enough resources to sustain you and your family. Local economic creation systems helps in cushioning your debt burden but becomes practical when you have strong networks around you who understands you better.

5. Join a Network of Like Minded People

This calls for you to join like-minded individuals who have decided to take a giant leap to changing their status. You could do this by joining important platforms like Debt management Hubs or groups where you can get ideas, tips and counselling of how to get out of debt. Above all creating your own economy means you will not utilise similar structures and systems you used to but rather according to what shall be deemed economical. It also means you will distance yourself from certain pleasures of your lifestyle that cannot support your level of income against what you have committed to repaying towards your debt.

 
 
 

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