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Debtfree Magazine Issue 3 of 2022

Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,

Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,

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WHO ARE THE POOR? CONT’D

Imagine if you only had 30 pre-packed meals

available to you for a month - one big meal

pack for each day. But at the start of the

month you decide to scoff down more than

one meal a day. You eat 2 meals a day. For

the first 15 days you feel happy no doubt, but

eventually you will run out of food. You are

now in trouble, with half the month to go, the

cupboard is empty.

This is essentially what using money you have

not yet earned is like, it’s not smart.

Some compare using credit to selling your

future self, to pay for things now. You enslave

yourself for extra cash now. It is something to

think seriously about.

While there are many poor people around

us, some of the poorest may actually be

driving luxury cars and living in fancy houses,

all of which are really owned by their credit

providers.

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