The debt flooded because "use first, think later."
All the salaries are coming in and out.
• No reserves, no emergencies. I need to recover. Debt over debt.
• Big dreams (home, car, travel, retirement) become "first" throughout.
• Credit card / loan debt surges because money is used first and then paid later.
• Cumulative stress because the future is uncertain
In other words, if we don't plan, the money will plan us instead.
The solution is
1. Write revenue-expenditure to see.
(Will know where the money has gone)
2. Use the "Think 24 hours before buying" wishlist rule.
If you want it after a day, buy it.
3. Hurry to close high-interest debt first, such as credit cards.
4. Separate monthly reserves, even slightly (starting 500)
5. Use cash instead of cards will help control the use.
Starting with today, tomorrow's life doesn't have to escape debt.
