{"id":115574,"date":"2022-09-23T08:05:55","date_gmt":"2022-09-23T12:05:55","guid":{"rendered":"https:\/\/canadianbudgetbinder.com\/?p=115574"},"modified":"2025-02-27T11:38:54","modified_gmt":"2025-02-27T11:38:54","slug":"real-struggles-of-being-debt-free-august-2022-net-worth-update","status":"publish","type":"post","link":"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/2022\/09\/23\/real-struggles-of-being-debt-free-august-2022-net-worth-update\/","title":{"rendered":"Real Struggles Of Being Debt-Free (August 2022 Net Worth Update)"},"content":{"rendered":"\n

Coming out as being debt-free before 40<\/strong> comes with struggles we never knew existed. <\/p>\n\n\n\n

Before you all take a deep breath and let out the proverbial, who gives a $hit, hear us out.<\/p>\n\n\n\n

There are definite advantages of being debt-free; however, there are disadvantages.<\/p>\n\n\n\n

We rarely discuss debt-free, but that has changed over the past two years. <\/p>\n\n\n\n

The pandemic has been complex for us to hear people in our circle talk about their struggles.<\/p>\n\n\n\n

When they ask us how we are doing, we’ve slowly been coming out so people can see there is light at the end of the tunnel. <\/p>\n\n\n\n

What should be a happy time in your life can be clouded by jealousy, negativity and criticism<\/strong>.<\/p>\n\n\n\n

Today, I want to discuss how the pandemic has pushed us out of the debt-free closet. <\/p>\n\n\n\n

The photo below is what some people view as being prosperous and debt-free. <\/p>\n\n\n\n

The reality is that being debt-free does NOT mean you are wealthy, nor does it mean you are happy.<\/p>\n\n\n\n

Everyone views wealth and riches from different angles of the box.<\/p>\n\n\n\n

Being debt-free is not as easy as it’s cracked up to be unless you turn a blind eye for the rest of your life.<\/p>\n\n\n\n

The apparent solution would be not to let anyone know, and we understand that, which is why we have this blog. <\/p>\n\n\n\n

It has been far easier to share our happiness of becoming debt-free with all our readers.<\/p>\n\n\n\n

There’s a reason why lottery winners take time to process their win and hire a financial advisor.<\/p>\n\n\n\n

You’ll find lost relatives you never knew you had, lose friendships, family dysfunction can occur, and it can be a lonely place. <\/p>\n\n\n\n

I know that’s harsh, but often you have to pull out the big guns and say enough is enough.<\/p>\n\n\n\n

I don’t know from experience what it’s like to win a massive amount of money. <\/p>\n\n\n\n

However, we know what it’s like to be debt-free and open up about it. <\/p>\n\n\n\n

Related: Building Wealth From Nothing <\/a><\/strong><\/p>\n\n\n\n

Debt-Free Living Is Great<\/h2>\n\n\n
\n
\"Our
Our Dream Home<\/strong> – Photo source unavailable; please get in touch with me<\/figcaption><\/figure>\n<\/div>\n\n\n

Teaching yourself that being free from debt is ok is a battle that takes time if it affects you.<\/p>\n\n\n\n

Some people teach others how to become debt-free and sell their secrets. <\/p>\n\n\n\n

At this time, we are pretty much an open book regarding living a frugal lifestyle. <\/p>\n\n\n\n

Not having to worry about overspending or buying what we want instead of what we need is admirable.<\/p>\n\n\n\n

We don’t often splurge because it’s the very core of why people get into debt in the first place.<\/p>\n\n\n\n

You know my famous saying, “It’s not about how much money you make, it’s how you save it,” and 12 years later, I still stand by this.<\/p>\n\n\n\n

Keep in mind that our feelings below are actual, whether you choose to agree or disagree. <\/p>\n\n\n\n

It may be easy for others to brush things off, but that’s not to say others will be the same. <\/p>\n\n\n\n

Negative Aspects Of Being Debt-Free<\/h2>\n\n\n\n

Instead of writing a long, drawn-out story, I decided to list our frustrations.<\/p>\n\n\n\n

We find it easier to deal with them if we see the clear picture.<\/p>\n\n\n\n