5 Things Debt Free People Never Do

After paying off a mountain of debt, most debt-free people vow to never go back to that place ever again. And to ensure they stay debt free, there are a number of things they just never do anymore. Here are 5 things debt free people never do.

1. Waste Money

Debt free people never waste money and use every penny wisely. They make use of all of the money-saving apps available to them on smartphones and tablets, such as https://www.snapnsave.co.za/ They aren’t shy to print out free coupons available on websites, such as http://couponsa.co.za/.

It’s very easy and doesn’t take much time at all, yet is a fantastic way to save!

2. Waste Time

Debt free people approach time management very differently. They see the value in time, as they’ve poured so much time, money and energy into becoming debt free. Once they pay off that mountain of debt, they see every minute as an opportunity to save or make money. Debt free people find a lot more value in a day, as they have the freedom to spend it the way they want to, instead of the way their debt forces them to.

3. Take on Debt

As obvious as this seems, people clearly still need reminding that they don’t need debt to live a good life. In fact, just the opposite. Millions of South Africans carelessly get into debt and crumble under the pressure of credit card payments, bond payments, car payments, store account payment and more. Their utilities get shut off because they can’t afford their water or electricity bills, due to all the debts they have racked up.

If you don’t have the money to buy something now and it’s not an absolute necessity, walk away. Find the strength to forgo short-term pleasures until you are able to buy them upfront. Treats are all the more worthwhile, when you buy them with your own money – instead of on credit. And, once you become debt free, you need to keep making wise choices in order to stay that way.

4. Neglect to Save

You don’t have to be debt free to build up your personal savings. You can have a healthy savings account, despite being in debt. But, once you are debt free, your savings account will be all the healthier. Debt-free people are very committed to saving. It’s a way of life for them. Becoming debt free is not a license to splurge and neglect your savings. You will quickly find yourself deeply indebted again this way.

5. Waste Opportunities to Make Money

Debt-free people know first-hand that achieving this lifestyle doesn’t happen by chance. You have to have a plan and stick to it until you accomplish your goal. It usually takes around 5 years to become debt free. Along the way, you will discover many different ways to make more money. From selling items on www.bidorbuy.co.za to investing, there are many ways you can continually bring in streams of income.

Debt free people don’t stop looking for new ways to earn some extra cash. After all, you reap what you sew! Not everyone is the same, but never doing the 5 things above will help you become and remain debt free. Let these points guide you along your journey to debt freedom!

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