Has being in debt caused an expansion of your waste line rather than your wallet? In writing the steps I used to pay off my $60,000 of debt it was interesting to a look back. In Step #5 I reflected on getting your financial life in order, which included the physical and emotional aspects of your life as well.
From the time a got married(for the first time) until my divorce I had gone from 185 pounds to 240 pounds. Not only had my weight gone up, but my debt had grown right along with it.
I had made my getting back in shape a priority right along side paying off my debt. As my waste line went down so did my debt. Just as I budgeted to pay down the debt I budgeted to reduce what I was eating as well. Interestingly, when I paid off the last remaining bill from my $60,000 of debt I weighed 190. Almost the same amount of weight as when my debt began to stock pile.
Now I am not saying if you lose weight your debt will magically dissapear, but I think getting all aspects of your life in order does help.
Also, while looking back I decided to look at my current situation. I have gained weight. I weighed 236 pounds this morning. This isn't debt related weight gain, but maybe the loss in value of my homes and the reduction in value of my stock portfolio has lead to the gain.
It's time to for me to get back in shape. Home values and the stock market are beginning to come back. They will return to where they once were sooner or later. When that will happen is unknown, but things will come back. They always do.
I think Dr. Mehmet C. Oz is great. I am dusting off my copy of "You on a Diet", and I am going to begin my diet today. In the book Dr. Oz comments on looking at a person's waste line. If their waste line has grown, their stress level probably has as well.
If your waste line has expanded just as much as your debt you may want to pick up a copy of "You on a Diet" , and maybe start another chapter in your life. Maybe even another book entitled, "Your Debt on Diet ", discussing your debt free life.
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