Dealing with Thingitis - Debt-Relief

Dealing with Thingitis

Debt is quickly becoming an epidemic in America. However, through the past
50 years, America has not seen such large domestic growth. Its citizens
have higher salaries now than their predecessors, yet personal debt
continues to rise.

Why is this happening? I believe that the number one reason of increasing
personal debt is a disease that I call thingitis.

What is Thingitis?

It is a disease characterized by the insatiable appetite of the common
citizen to have more and more things in their home. As a recent newlywed,
Iâ??ve seen this disease first hand with my loving wife. No matter how
many picture frames, candle holders, and kitchen appliances that we
received as gifts during our reception, my wife will continue to bring
home more.

Thingitis is this constant craving for more. More clothes, larger cars,
larger homes, bigger tvs. The effects of the disease are easily seen in
the bank statements. With the larger homes comes the larger mortgages, and
with the bigger tvs come the larger credit lines.

Why do people develop thingitis? I believe that people develop this
disease because of a general decrease in the appreciation of the things
that they already have. Simply wanting something to own it has become a
sufficient reason to purchase items now. It doesnâ??t matter if it wonâ??t
be used but once a year, if that much. The pure ownership of the item has
its one intrinsic value that is worth the ever increasing debt.

Unfortunately, thingitis is also incredibly contagious. This is â??keeping
up with the jonesesâ??. As prideful citizens, our own self-worth decreases
on the accomplishments of others. We also want what is best for our own
children. If our neighbor sends their children to private schools, we feel
an urging to send our children to private schools. Our children deserve
everything that our neighborâ??s children have, right? What most people
fail to realize is that their neighbors most likely have large credit
debts that we wouldnâ??t wish upon ourselves for the world.

I believe that the cure for thingitis is two-fold. First, we make a list
of things that we need and want. Every item in the want list needs to be
evaluated on a scale of 1 to 10 on how valuable it is, how many people it
benefits, and how often it would be used. Items can be added to this list
only 4 times a year. This way, whims are eliminated. Second, you need to
clean out your garage, closets, and underneath your beds. The shear amount
of things that you will find will disgust you! I have found no quicker way
to eliminate my material cravings than cleaning through what I already
have.

Finally, you can be able to overcome your thingitis by reading about the
experiences of others. InDebtRelief.com has articles and a forum where
users can not only tell of their own experiences about debt relief, but
read about the first hand experiences of others.

Dan Goggins is an entrepreneur who is interested in real estate, computer
programming, and family life. You can read about his experiences and
advice at his website.

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