I totally fantasize about being out of debt. Of course, I imagaine buying a new car and a better house and thenâ€¦Iâ€™ll be right back in debt. The fantasy is really useful as a way to notice how much more emotional work I need to do so that I never go into debt again.
One of my big dreams is to have a house on the lake or have a house with a lake view. Where I live, that can be accomplished for $150,000 – $300,000 dollars. Unless we have a HUGE jump in income or win the lottery…we are going to have to take on more debt.
I always thought…if we just paid off the debt we have now, we’d be able to afford buying the home of our dreams. But with a home that expensive, we’d be in debt more than we are now (our total debt is shy of $91,000). We would probably be able to afford the mortgage payment, but how would it feel to be back where we are now with total debt?
What will win? A dream…or debt?
I think I have some more emotional work to do as well 🙂