Isn't it interesting how much time people spend pointing out the amount of debt our government is in? You take one look at the word "trillions" and you know that we are hopelessly buried, and it frustrates us citizens to see the ridiculous decisions our elected officials continue to make concerning our country's finances.
And yet, if we look at the overall situation, we would realize that the government is acting exactly the same as the majority of us citizens! We may not have trillions of dollars worth of debt, but our individual thousands seem as impossible for us to pay off as trillions are for the government.
What difference does it make to talk about the country's financial health? Unless you are a politician or talking to one, probably not much.
What difference would it make to actively improve our own financial health? Tons! So despite the fact that it's easy to talk, maybe we can step it up in our actions and actually make a difference. What a concept!
There are loads of places/people who give advice for getting a handle on one's personal economy. "Create a debt reduction plan" "Set aside a percent of your income for long term savings" "Follow a budget"...the list goes on and on. They are things we have all heard before. Learning how to do it doesn't seem so difficult. With so many resources out there, anyone should be able to figure out a way to get out of debt.
It is our responsibility to break out of the mold of our debt based society, and do what it takes to be good stewards of our resources. It requires acting upon the advice that is given though, and therein is the difficulty.I have been trying to budget recently, (it is one of my topics of inquiry) and guess what? It is hard to keep a budget. Good grief, it's hard to even balance a checkbook! It requires new habits and lots of discipline to develop them. Getting out of debt wont be easy, but it is worth it. It will change the economy of our nation if we all take responsibility for our personal resources. So what do I suggest? Pick a plan and follow it. Do what it takes, and actually act to get out of your personal debt.
