Are you living paycheck to paycheck? Do you need to borrow money monthly from credit cards to meet your obligations? Well if the answer is yes to either question, you are living in what is called the dependence cycle. Nobody wants to live paycheck to paycheck so how do you break free from that cycle?
Steps To Break The Dependence Cycle
Get honest with yourself. Do not keep hiding those past due notices. Open them up and see how much you owe. Admit that you made a mistake by getting into debt but, now is the time to dig yourself out. Don’t get discouraged. Keep moving forward. Know where you are and where you are going. Stick to the plan. Put a note on your refrigerator (I am out of debt and I have more than enough). Say this everyday and start living it. This will help you to focus on your goals and break the financial dependency for good.