Booklet

author

Shang

Finance & Accounting

Your Debt is Not Your Self Worth

Your Debt is Not Your Self Worth

Your debt is not your self worth.
Think on that. How would your opinion of yourself change when you see that? How might it free the anxiety that is gripping your mind?

Your debt is not always your fault.
Sometimes really bad things happen for which we are not financially capable to be prepared for. Bad health incidents. Divorces. Escaping from abuse.
That's why your debt does not define you. But you can and should get help to get out of debt

Your debt can lead you to make bad decisions even if you're a smart person because of stress
According to research done in Singapore, the stress of debt on your mind causes impaired cognitive function (aka brain fog) and leads you to make more short term decisions rather than the long term ones needed to get out of debt. It becomes a toxic cycle

This is why surrounding yourself with others who are out of debt is important because you need to see examples of long term abundance thinking and not be stuck in your own mind.
Word up to everyone smashing it in the #debtfreecommunity and all the money coaches who are making a difference

If you're badly affected by Covid-19 remember this disease is not your fault. You didn't do anything to deserve this. It's a very, very unfortunate event

RESEARCH ARTICLE
Reducing debt improves psychological functioning and changes decision-making in the poor

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