October 23, 2010 4 Comments
Today I checked Failbook and came across this little gem:
The hilarity being, of course, that this person has obviously just spent ~$200 for a new iPod touch, but can’t afford the $120 necessary to keep himself out of jail.
[Prepare yourself for lame analogy now]
In some ways I do think about my debt as jail. It is a prison of my own making. It is a 1/4 of my salary that goes away every month because of my past mistakes and my lack of dedication towards paying it off. It seems so large, so insurmountable. My debt is in fact a financial prison. It keeps me from saving adequately. It keeps me in a position of living nearly paycheck to paycheck. Of not being able to save for a house. Of not being able to buy a new car. This debt is my prison.
Then I have my “iPods” – those little purchases I can’t seem to shake myself from. I know I could live more frugally, but sometimes I feel like this is so barren of an existence already. But that is the debt talking I’m sure… I may need to sit down and figure out a very intense plan to get my debt down quickly and sharply. I want my money back.