Debt is like teenage sex

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You know that statement Dan Ariely made… “Big data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.”

Yeah, debt is… something like that.  Everybody talks about debt, nobody really knows how to not have debt, everyone thinks everyone else is in debt, so everyone gets into debt.

Quick poll, are you in debt? It’ll be interesting to know what the result of this poll will be, but I’m definitely writing about it in my next blog. Truth is, we talk about debt all the time without talking about debt… You see, teenage sex is one of those things that those who do it don’t talk about it but still talk about it without actually talking about it you know; there’s that inherent knowledge that it’s a bad idea, and everyone knows this, but sex is good, great actually, and once you do it, you want more. It becomes a growing need after doing it a few times and it takes great grace and self-control to actually disengage.  Truth is, everyone has a need, and our needs keep growing, at some point in our lives we do not actually have the money for what we want or need so we tend to borrow money once, twice, and as you well know, it doesn’t end there.

Let’s be real here, who are we really kidding? We all like money, money is good. But if you don’t have money, you don’t have money… and I don’t think there’s shame in admitting it. At one point, you’re going to want to borrow money, and reading this post now, you probably have borrowed some money you haven’t paid back yet maybe from a friend, a family member, a bank, or some other someone or something.

Is teenage sex good? Sex is good, but you shouldn’t be having teenage sex. Is debt good? Money is good, but you shouldn’t be getting into debt.. Everybody knows that, but you see, everybody also knows that if you don’t want to owe money, you don’t borrow money. It’s really that easy. Here’s what happens whenever you borrow money; whoever you borrow from essentially gains some influence over you (no matter how small, and sometimes some of that influence still lingers after you’ve paid back). You know that boy still has some little influence over that girl after having sex, right? After all, he’s the one GIVING right? The girl is the one RECEIVING, right? Now imagine teenage sex. The GIVER could easily walk away and the RECEIVER would highly potentially have more problems in life. An unwanted pregnancy for one, more future burden, emotional instability, etc.

There is a way to get out of debt and properly handle money, and I will let you know how in the near future. Money is like sex, there’s a way to do it right and enjoy the fullest benefits. Debt is like teenage sex, you really shouldn’t be getting involved in it.

If you owe someone, share this post everywhere you can paste a link online 😉