I’m speaking from a platform of failure because I, too, have fallen prey to having a poor attitude towards debt.
Minsan nga, pinagdadaanan ko ulit ang mga masasamang ugaling ito. Human nature siguro o minsan naman ay defense mechanism ko. It’s the wall I try to build around me para matakasan ang responsibilidad na harapin ang katotohanan at magsimulang magbayad ng utang.
I’m listing these down as a personal reminder, things that I should look out for that keeps me from paying off my debts today and probably in the future. Tawagin na nating prayer items ko when I come to the Lord in prayer. I know that it is only through God’s wisdom and through His words and His enabling that I will spot these when financial trials come.
Let’s begin my list of five attitudes that kept me and may keep you too from paying off your debt:
1. Carelessness. Kawalan ng pagpla-plano kung paano gastahin ang iyong pera. We need to be very careful, because the reality is little money is coming in and too much is going out. LIVE WITHIN YOUR MEANS. Scale down on unnecessary spending and FOCUS ON YOUR TRUE NEEDS.
2. Hopelessness. Nothing is impossible if you work hard. When you feel hopeless, FOCUS ON GOD. God is your source of hope. Pray for His wisdom and deliverance from this hard financial situation. Pray that God opens opportunities for you. He is the one who opens these doors, and you need faith to open each one.
3. Ignorance. Know your financial status. List down all your income, list the expenses, and list the debts in order of priorities. You become ignorant when you are not informed. It takes careful study and dedication to know. If you need help, ask a trusted friend to compute things for you, or ask your spouse to double check the figures.
4. Procrastination. Laziness will hinder you from moving forward. Gawin mo na ang mga kailangang gawin ngayon. It may be too late to act. You know what happens if you do nothing? NOTHING!
5. Pride. Ah, the worst of them all. We need to learn and recognize that we need help. First from God, then our family, our close friends, churchmates and trusted people. Aim to be open to good and constructive criticisms. These also help you. You need it, I need it.
Talk to God regarding these critical attitudes you may have. These are issues of the heart, and it is only through God’s guidance can you overcome these harmful habits that are keeping you from paying your debts.
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Jim Reyes is a veteran radio broadcaster, and recently the national director of a Christian media ministry in the Philippines. He has been involved with broadcasting ministries such as FEBC Philippines, United Christian Broadcasters, and TransWorld Radio Philippines. His Utanggalin articles supports the Freedom from Debt Campaign by Crown Financial Philippines, in cooperation with CBN Asia.