Musings by Melissa

Every once in awhile money gets a bit tight.  Usually it hits right about now.  Between paying the property taxes and prepaying our propane for the coming year, ouch!  Those are two BIG bills that are due at the same time, and in another month or so all of our insurance is due.

We do our best to set aside some money every month to pay for these bills as they come due.  So, while the bills will get paid, things will be a bit tight for awhile.  But I’d rather have things be a bit tight than to fall into the payday advance loan trap.

We have friends who fell into that trap.  They didn’t know how to budget, and so every month they fell a bit more behind and a bit more behind.  Enter: payday advance loans!  Eek!  With these loans, they thought they had the money, and they lived like it, but alas, by the time payday actually rolled around, most of the money was gone already.

This was a big trap, and they couldn’t dig their way out of it.  They had to ask their parents for money to bail them out. 

Did they learn their lesson?  Oh, how I wish I could say yes, but to my knowledge, they haven’t paid their parents back, and they are still spiraling into the cesspool of debt. 

As Dave Ramsey says, “Today I live like noone else (by living frugally), so that tomorrow I can live like noone else (by being debt free and enjoying life).