Feelings about debt
Debt often has a negative connotation. It represents the sum owed for something received. In our society, it is considered normal to have debt especially for higher priced items like houses, cars and tuition. The debt is incurred for an improvement in lifestyle, ability to travel or career advancement. But it has a feeling attached to it.
Being in debt
Where we stand with debt demonstrates how we feel about it. Proclaiming that we are in debt feels like a trap. Choosing to use debt to obtain something practical can feel like a clever move. It’s all in the words and thoughts we use to describe it. Most debt provides an unexamined feeling. Our thoughts on money are often passed on from childhood and accepted without careful review. Seeing how our elders talk about debt affects how we think about debt. Subconsciously, yes, but it happens.
Eternally indebted
This is big. When you hear these words, you have provided something of extraordinary value to another. The receiver determines the value and it is dependent on their need. To be indebted to another person forever seems like an awfully long time. It better be something good. It can create some awkward feelings if a person has grown up not knowing that they can just accept extraordinary goodness. Uneasy feelings can crop up from being the person whose need was larger than another’s. We like circumstances to be fair and even. But life is not fair, so that is absurd.
Debt repaid
Mortgage book burning parties were a big part of the past. Celebrating the end of owing is actually the start of abundance. The weight is lifted and there is a lightness to the feeling. The way we thought about the debt made the debt bad. We could have thought of the debt as providing the feeling of abundance and enjoyed the confidence of knowing it would be repaid. It is all in our thoughts.
Can you turn your scarcity thoughts into abundance? Why attach negative thoughts to debt if it is occurs for the right reason? Can you be indebted to someone forever for their generosity?