How to be less afraid of debt?

Ask for Advice
#13

The best way to be less afraid of debt is to get out of debt.
….
Tap into your savings - I mean controversial move I know but you said
You’re in college.
Go to group events and make sure to eat there.
Do you have any old trinkets or items? Sell them on Etsy.
College textbooks - rent them out/ sell them
Sell test guides for college exams- people literally can go up and above 100+
Participate at the Psychology Department’s data surveys. I once had to do it for a class to pass, and I ended up being compensated for my time.
Usually the disability center pays people to take notes for each class, so consider that- if you have poor handwriting, work on your craftsmanship

And perhaps the most important part:
Forget about abroad.
You are an adult now and with it comes obligations. Priorities that can mean foregoing something you’d been anticipating for months on end.
Anyways, you can go abroad once you are economically stable AND the best part? You don’t have to study ;)

I beg to differ when ppl say college is the time of your life
Like…naw lol.
All my sorority sisters skipped a freaking exam that was 50 percent of our average grade all bc we scored free backstage passes to some Drake concert and some after party
Did I go?
No.
Why?
Priorities.
Did I feel bad?
No.
Why?
When I am out there kicking it with my degree, I’ll go to as many concerts as I please.

Another thing- you oughta think money is like a zero point energy. Ever flowing , limitless. Abundance likes abundance.
I mean ok sure there are fields, but you also need to co-create your reality.

I’d recommend Dan Murphy’s book called subconscious limit dissolver- it’s just a good book to read. It’s a short, quick read with highly valuable information.

One more thing:
Colleges have Facebook things like for class of 2022 ect ect- so many announcements for opportunities are on there.
Perhaps even revenue ones

You got this

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#14

I disagree with this part.

Of course it depends on what field the degree is in to some extent, but this was always one of my reasons why I didn’t participate in an exchange. Seeing the professional network some of my peers built while studying abroad, I do regret it to a degree.

Honestly, if you want to build a career, then participating in a good exchange program makes a big difference.
If you want to go abroad to “live the experience” and party - yeah… dont go. You can party anywhere and travel once you have the money.
But if this is something that really adds to your degree and it would be at a good university and a good program, then it’s investment in your future.

And, assuming your degree is in a competitive field where you can earn good money, paying off your debt once you start working won’t be difficult at all if your debt is around this level.

Of course I agree that you should pay off the high interest cc debt etc.

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#15

As I said above, if it were any other trip it would be a no brainer. However, this particular trip is about studying theatre traditions (I’m a theatre minor and I love it) in a country I’m deeply attached to, and many of the experiences are available only to students on this trip - if I don’t go on this trip, there’s no way I’ll ever get to have them (and even doing the stuff that is available to solo travellers, like going to the plays, is way more expensive if you’re not doing it in a group).
This trip would be during my second-to-last term of school, so I’ll be working soon anyways. I’m doing a double major in human physiology and neuroscience, so I should be able to find a good job soon after finishing.
I’m looking for a second job in the meantime.

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#16

it sounds like you will benefit more going on the trip and adding it to part of your plan to zero out your debt.

you can work with that and as monkeyowl mentions your level of debt is clearable. any level of debt can be, it is about your attitude towards your finances and your financial mentality.

two people mentioned to utilize your savings and yes in your case it could help you minimize debt.

depends on how much you’ve saved and how much you can afford to take out of it.

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#17

I meant like
Let’s get drunk in Europe and not have to worry about studying while we take cute “candid” pics for the ‘gram ahaha

But otherwise yeah if the program is for something serious like MonkeyOwl says
Absolutely disregard what I said lol

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#18

Thanks everyone. I think my fear is at least partially because of this: Cyclical anxiety?

#19

The most immediate reason that it sucks is that I really want to get MBL

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#20

I’m sure you can get your MBA soon - the beauty of this country is that there is no age limit to enrolling. So, if not soon, eventually :heart:

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#21

I meant Muscles Beyond Limits
But thanks for the positivity anyways

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#22

Too bad you backed down from that opinion, because I wholeheartedly agree with it

Anyway, OP do you know what I would do if I was afraid of debt ?
I’d study debt, how it works, why it exist, the laws, procedures, how to use it.
If I was afraid of being broke, I’d study how to be rich. It’s like a guide, you worry about it, you should focus on it untill you understand i

You’ll go into debt at a young age, hoping that you can recover from it later somehow someway, I don’t know, doesn’t sound like a good plan.
Is it worth it ?

If it’s your dream and you’re willing to pay for it later :man_shrugging:

Is learning that thing in another country so much better than studying it in your home country ?
Is university worth over $10k, to listen to an old person read summaries of books you can read online ? Is that professional license to practice (if that’s your thing) worth it ?
The point is to make money… anyway

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#23

You can look at all the pictures you like of Uluru, it simply does not hold a candle to actually being there. Simultaneously, you can read all the books you like about the places and plays and theatre traditions of this country, it wouldn’t hold a candle to the experience. This trip isn’t studying at another university, a teacher from my own university is the trip leader/tour guide/teacher, introduces us to all sorts of contacts, etc.

I won’t lie, I’ve had doubts about school the whole time, but I’m nearly done so I may as well finish what I started. I’m almost finished with my degree, I wonder if I may as well go out with a bang.

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#24

I don’t really want to add more, cuz I had missed the part where you talked about physiology and neuroscience (to which theatre seems like a very solid addition to) :joy:

So I deleted.

And I totally agree with being there is better than reading about it. But how much better for what price (money you don’t have) and is “it” worth it at all ?
Like if I check with all the big theatre bosses, did they all go there ? Is it a must ? They have the ultimate secret to theatre ?

Wanting to do it is one thing, but rationalizing is another.

You could still do it later, when you got the money, but that’s my dumb ass opinion.

Do your thing, I’ve blown my money a bunch of times, good memories.

Here we go

Edit: 99% of the time, people reply, but these are not really questions above. Again my point was, if you want to, do it. But it’s a fun thing and you are willing to pay for it, so no problem

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#25

No one talks about Don Philip like that excuse u :triumph::triumph::angry:

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#26

Haha, @KPossible don’t worry, I’m just messing with Philip, see… it’s funny, because no one would ever dare say that to his face

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#27

Amazing discussion and opinions / advice was given from all angles. I actually don’t think there’s much to add after all.

Regarding your trip, it sounds like you should take it, but only you will know that in your heart in the end. I would recommend you to meditate on it.

Regarding the debt-fear part, have you tried this meditation to help resolve it yet?

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#28

Lmao :kissing_heart:

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#29

Loop millionaire mindset, best field to accumulate wealth to this date trust me

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#30

Omg wait one more bc I am a horrible student who has done this lol:

Write papers for other classmates and get paid.
For reference: was a 10 paged 300 level class , about $200.
(With guarantee of an A )

But you really have to play that carefully.
And obviously low key

Or a more ethical version:

You also said you’re double Major and basically seem super smart. Maybe tutor? EDS offers paid opportunities usually
Or just managing yourself and announce via Facebook platforms ect

I also hope you know of UNIDAYS. Use that college discount code

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#31

also I’m not too sure what your relation is like with your family
But maybe ask for a loan to pay off the debt?

It’s nothing to be ashamed of if that’s what’s stopping you :)

And if it’s not, then

Ignore this comment

#32

The discussion in this topic ended up being about paying debt, income sources and whether you should go abroad or not.

All these inputs are valuable, but keep in mind, we all speak based on our own experience.

I think what you do is up to you, listen to your intuition and don’t let a few posts sway you too much.

I think your issue is not your cc debt really but your attitude towards it.
I don’t know what stack you’re listening to, but I think the best you could do it drop most of the body realized ones (I’m guessing based on muscles beyond), and focus on 2 things:

  1. Anxiety and subconscious limits
    Ego dissolution
    Slr
    Anxiety
    Emotional release
    Crucible
    Amygdala
    (My mental and emotional supporter, but that’s a paid one :D)
    Angel’s latest topic / the light seems to be working for many people

  2. Mindset / abundance
    Mindsettings album
    All wealth audios
    You can add 1-2 luck ones

If you keep going with this, I think this should help your anxiety a lot.
Beneath it there is a fear of uncertainty and a lack mindset.

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