Debt and Minimalism

We are living in a world of consumerism, and it is not always what it seems to be.

When we see banks advertise their credit services, we usually see beautiful people living luxury lifestyles. Rolex wearing, limousine riding and jet flying.

Although these are blatant examples of false advertising, do not expect authorities to do anything.

Debts bring a lot of profits to the banks and helps run the economy. When we are in debt, a part of our freedom is given to others. When we drowning in debt, we give our lives to them.

Once we take up these loans, we cannot simply say we don’t want to work because we are tied to an agreement with the financial institutions.

When a financial crisis comes, or when a family member falls sick, we may lose our income or face drastic increase in expenses. Augment that to the mental stress, the pressure could be unbearable.

I have witnessed many people around me struggles with many years of debt. $30,000, $40,000 of debt. Only then I understood how a soulless human being looked like.

We can avoid all these unnecessary troubles easily. We just need to choose contentment.

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Author: Zheng Fan Minimalist

I don't want to be different. I want to be me.

2 thoughts on “Debt and Minimalism”

  1. Actually we spend our money in advance and we struggle for years/ decades to repay it. Meanwhile, the profit on these transactions are realised by company owners and they benefit from our work in advance. owever, wages are paid from this profit as well. It seems rather difficult to shift from this economy structure.

    Liked by 1 person

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