Debt Fatigue - Signs & Symptoms

Over the weekend, I had a conversation that enlightened me. 

We talked about debt fatigue.

Credit

When we decided to get out of debt, I being the lovable, furry, old nerd that I am, made twenty-eleven different budgets.

(In case you didn't know, 20-11 is a southern expression for a ridiculous amount.)

I made budgets where we paid off our debt in five years, three years, two years, paid as much as possible, paid as little as possible.  Every different recreation, I tried it.

If you follow Dave Ramsey's plan, you pay as much as possible every month.  You work, work, work and sacrifice to get out as soon as possible.

If you follow  Gail Vaz-Oxlade's approach, she limits you to no more than 15% of your income - as long as that pays off all your consumer debt in 3 years.

If you're staring at mountains of debt, living in poverty like conditions for years on end can seem daunting. If you don't pay off enough, you begin to feel like you're making no head way and get fatigued and worn out.  But if you sacrifice too long, that wears you out.

But if you go the other way and only pay the minimums and take too long, you lose your momentum, your steam, and tend to fizzle out. 

And that's why they call it fatigue...because you get tired of it.

Like a week of volleyball camp in 110 degree weather in a giant gym with absolutely no air circulation...

That kinda tired.

It's been 15 years since volleyball camp, and I still remember that fatigue vividly.

But speaking of fatigue, I'm exhausted.  Hence the post that doesn't really make that much sense.

But maybe you got the point.