The Personal Finance Entitlement Trap

Has this ever happened to you? You just finished paying off a nice chunk of debt and find your pockets are a little fuller than they have been in a while.

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The Personal Finance Entitlement Trap

savingdollarsandsense.com

Has this ever happened to you? You just finished paying off a nice chunk of debt and find your pockets are a little fuller than they have been in a while.

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It feels nice to suddenly find yourself able to easily afford a night out or some new clothes you don’t necessarily need.

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And rightfully so, especially if you’ve been working hard for any length of time to get rid of that debt. You have a little more cash flow coming in to work with.

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And you could do this for quite some time before it finally catches back up with you, which only reinforces the idea that you are able to control things.

FINANCIAL PERSPECTIVE

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Then I feel it is our responsibility to light the way for those still stuck in the bottom of the pit who can’t even see there is a way out.

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