Debtfree Magazine issue 9 of 2021-for download

THE BIG LITTLE LIES WE TELL OURSELVES ABOUT DEBT
LIAR, LIAR, PANTS
ON FIRE!
You lie, you know you do. You know you shouldn’t. We
tell our kids not to and then we turn around and tell
our spouse that the burnt dinner is “not that bad” and
“no, those jeans don’t make them look fat”.
One of the people we are best at lying to is ourselves, we excel at
it. Often when we don’t want to do something, we will create an
excuse (perhaps even a lie) about why we shouldn’t, and we make a
subconscious decision to believe our own excuse.
It might be something like, it’s raining outside so I can’t exercise
today. It’s not raining inside is it? But we decide that the reason is
good enough because we actually want to avoid doing it.
Or perhaps we tell ourselves we ‘need’ something, really, really need
it, when we actually don’t. It could be that slice of cake or perhaps
even that fancy car.
When it comes to debt, there are all sorts of excuses people give for
staying in debt instead of taking steps to become debt free. Here are
some of the most popular lies and why they are not actually true: