If it is within my means (as in Dave Ramsey approved - cash - method - buying,
no big pile of debt that should be paid off instead) and it is within my ability, and perfectionism or self - focus is not taking over my life, then I feel improving my surroundings makes sense.
Before you know it, all those little financial surprises can add up to
a big pile of debt.
You've got
a big pile of debts in front of you.
Not exact matches
As
debts pile up however, this creates a
big problem, a
debt cycle
of using new
debt to keep up with mortgage payments, car loans, student
debt and ultimately living expenses.
While
bigger mortgages may be a fact
of life these days, there's less excuse for the
debt we're
piling up to buy other things — especially things with wheels.
One
of the
biggest mistakes I see divorcing couples make is
piling on additional
debt after they separate, thinking that their spouse is responsible for one - half
of this new
debt.
During that 15 or 20 years,
of course, you should be getting out
of debt and building wealth so that you have a
big pile of money and no need for life insurance.