Are You Making Debt A Habit?

As Charles C. Noble quotes "First we make our habits, then our habits make us," we can get into a habit of living on debt, maybe starting in our youth as college debt and carrying on into our elder years as we become accustomed to the lifestyle it affords.

The way debt is used at various stages in one's lifespan is discussed in this piece "Life-stages of Debt" from Bankrate.com's website. Insight into how the habit is acquired may give you the ammunition you need to break the habit.

Do you agree?

Make Millions...In 2010 [VIDEO]

Don't get out of debt, be a millionaire, says author Loral Langemeier. Check out the Video from Forbes.com.

First Date: Getting to Know You.

In preparation for your first date - get yourself a pad and pencil, or open up a spreadsheet like Microsoft EXCEL, or if you use money management software such as Intuit’s Quicken or Microsoft Money – turn on your computer and open up your application.

Grab your files, your shoe boxes, or whatever your financial storage units are, and settle in for a re-acquaintance session.

Make a Date with your Money.

Have you noticed how shocked and surprised folks appear to be when someone takes the time (generally on a financial planning show, or financial segment on a talk show) to total up their income, expenses and debts. It’s like they are meeting their money, or lack of money for the first time. I am sure you are very familiar with your money, but if you are not, its time for you get re-acquainted. Your money is one of those things that will completely turn on you if you ignore it.

Watch "Money As Debt"

Ever wondered about what money represents and exactly how it is created? Take a look at the piece - Money as Debt by Paul Grignon, from video.google.com. An animated presentation on what money is and how it is created.

Money As Debt

47 min 7 sec - Feb 12, 2007
Average rating: (3912 ratings)
Description: Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.

If you're having trouble watching the video, try copying the following URL into your browser:
http://video.google.com/videoplay?docid=-9050474362583451279&pr=goog-sl