The Simple (But Not Easy) Decision - How to Eliminate Your Debt Forever

When you exist under a mountain of debt, the uncertainty it can create for you now and in the future is enough to make people give up on their dreams for good. So many folks are looking for any possible way out, that they often resort to ideas such as debt consolidation loans or piling all of their debt on to one or more credit cards.

Why does this happen?

When people get desperate, their rationale usually goes right out the window, and in an effort to either simply their finances, or by deluding themselves into thinking that "any" action is better then no action at all, they will often makes decisions that either don't help at all, or actually make things worse.

Most of us struggle to see the big picture in the midst of the instant gratification mentality of our current generation. But the only way to stop this is to take a step back, and remember that short term thinking is why we ended up in this upside down position to begin with.

Throughout most of human history, long term, somewhat conservative thinking has allowed us to advance as a society. This long, progressive march has been interrupted my man-made inventions like Lexus payments, luxury condo or McMansion payments, jewelry for every single occasion, and of course, the all consuming need to own 18 pair of shoes.

Most will never be able to break this cycle. The only way it can be done is to consciously take a step back from your daily life, and view it as an outsider. Only then will you be able to see your spending for what it really is: instant gratification in most cases, or the need to keep up with others and be accepted into certain social circles.

It's simply impossible to change age-old wisdom that has withstood the test of time by trying to overwhelm it with an onslaught of material things. Rewards always have, and always will be, reaped today from the seeds you've sown in the past. This is true for all things, but especially with money.

When you are able to bring this mentality into your financial life, amazing things begin to happen. You have the ability to keep the big picture firmly planted in your mind, and this strength allows you to stay true to your goals, even though you may not see a lot of change from day to day, especially early in the process. But by staying disciplined, you can look back at yearly milestones and see tremendous progress over that greater stretch of time.

We have a limited period of time to live on this earth, and a limited ability to earn money over a lifetime. However, what we choose to do with that money is entirely up to us. We can either give away to banks in the form of interest, or keep it for ourselves, and use what we have to create more and more of it over the long haul.

The choice is yours. It's a simple one, but not necessarily an easy one.