Getting into the Right Frame of Mind When it Comes to Debt


I almost had to reach out for my headache medicine after deciding to write about debt, a dreaded four letter word that rears its ugly head at us on a monthly basis everywhere we go.

Thankfully, credit card companies are still sticking to technological methods like mail, text, email, and credit scores. No need to fully freak out yet. They still haven’t made their way into nature, for instance (if you are debt collector kindly stop reading now). Since those on top haven’t figured out how to manipulate the clouds or legally be able to make embedded cut outs on our lawns you can go ahead and put your headache medicine back like I did as you continue reading.

All jokes aside, for thoroughness’ sake, debt is officially defined as “something, typically money, that is owed or due” (Oxford Dictionary) so let’s take a look at where we are based on the three categories below. For the average Jane and Joe, the numbers are as follows, as of April 2014, according to

1.) credit card debt – $15,191
2.) mortgage debt – $154,365
3.) student loan debt – $33,607

With this said, how do we repair the damage caused by years of less than stellar financial decision-making? There are many ways. For starters, though, we must stop beating ourselves up. Only by getting past the shame and making the conscious decision to move forward, will we have the emotional distance needed for finding solutions, instead of dwelling on the problem.

And while some of us are more emotionally scarred than others, as with any good fight, it’s not over until it’s over. Unlike boxing, though, with its finite number of rounds, this is the game of life, so as long your heart is beating, and you have blood going through your veins, there is no end to how many times you can get up.

This will mean different things for different people. I look forward to writing many future articles on the specific – including spiritual – ways that this can be achieved. This latter dimension is one that I find incredibly valuable and rewarding, most likely the product of motherhood and years of soul-searching. Thankfully, I have learned to dive deeper; to take back my power as I stare debt in the face. And. Not. Blink.

Stay tuned as we dive deep together.

Massiel Blanco (Guest Blogger)

Massiel Blanco (Guest Blogger)

I am a former law student and mother of a beautiful four year old girl. I studied Political Science and French at DePaul University and now live with my family in the Chicagoland area.
Massiel Blanco (Guest Blogger)

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