“Maybe I’ll Start Saving When I’m 70”

Update on progress for the Daily Reader for Compulsive Debtors and Spenders: 180 days written!

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We use the DA tool of awareness to “maintain awareness of the danger of compulsive debt by taking note of bank, loan company, and credit card advertising and their effects on us. We also remain aware of our personal finances in order to avoid vagueness, which can lead to compulsive debting or spending.”

But I think there can be more to it. Many of us compare ourselves negatively to an image of the rich and famous that’s marketed to us, a demoralizing activity that causes us more harm than good, and is based on a story instead of reality. But what if we knew the truth? When our awareness is strengthened, our recovery is enhanced. Yes, we do want to stop comparing ourselves with others. But when we realize that success doesn’t mean we are free of financial challenges, such knowledge can help us let go of that defect.

Medium.com, an edgy online magazine, just started a fascinating new series about people and money, which rips away the curtain to show us the truth. According to the site:

Money remains one of our biggest taboos — bigger than sex — and yet we spend more time earning it, spending it, and thinking about it than almost anything else. We’re bored with people presenting us with their seemingly effortless lives instead of the messy reality of their finances. So, here’s our attempt to turn it inside out: People talking honestly, and realistically, about their relationship to money.

YES! It’s about time. This is not a mean-spirited attempt to degrade the successful, but a service to compulsive debtors and spenders, who must see themselves as right-sized if they are to recover, and who will certainly benefit from seeing others that way as well. Read the article: “Maybe I’ll Start Saving When I’m 70” by Kati Krause

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