Debt is Like a Rabbit Colony

by | Aug 7, 2019 | Personal Finance 101

Debt is hard to avoid. It’s absolutely everywhere from the second you turn 18. Maybe it starts with student loans then morphs to a credit card “just for emergencies.” Your definition for emergencies loosens and starts to include gas, food, rent, textbooks, concert tickets, etc. College is about having fun and you can totally pay it off when you graduate and get a good job, right?

In a lot of ways debt is like bunny rabbits. You get this kind-of-cute pair of rabbits; let’s call them Student Loans and Credit Card. Not great names, but they go with the metaphor. They are helpful because they help you survive college; honestly, they’re the only reasons you could even go to college in the first place.

Over time, you notice that you have a few more rabbits than you started with. Once you graduate, you start justifying more debt-bunnies. You’ll need a car to go to your new job, which means three new ones named Auto, Principle, and Interest. You’ll need a work-appropriate wardrobe, which you can only buy because of the new Store Credit Card and its babies named Principle and Interest. But wait… Student Loans seems to have had a litter of its own named Principle, Interest, Fees, Hassle, Headache, Phone Calls One through Five, Tears, and the scary one called Is That Really My Payment.

What started as two necessary and seemingly-innocuous bunnies became twenty messy, large, and overwhelming rabbits. That is where we come in. We have specially-designed software to help you pay off your debts in 1/2 to 1/3 of the time it would take doing it yourself. Let us help you get rid of those rabbits that are threatening your retirement and your financial security.

You don’t have to drown in your Debt Rabbits. Please contact us to your free consultation!