YIN Wisdom

Audrey: "Alright let's get your deposit"
Me: "But how? I'm in so much debt"
Audrey: "You're going to be on a financial diet from now on."
Me: "A financial diet, what's that?"
Audrey: "That mean's your giving me your credit cards. Hand them over."

Pure panic set in.

Is she serious? I pay may bills on those credit cards! But as she spoke, I understood what she was trying to show me.

I now live by two "Audrey" philosphies.

1) I can always spend as much as I earn
2) I only buy what I need not what I want

People these days believe credit cards are a God's send. They base their lives around this card and the "convenience" that they believe it gives them.

But the convenient solution is only short term and what is left every month is the every growing and changing repayments that need to occur.

I am told that if I use a credit card to purchase something, I should not wait until the monthly repayments to pay it back. The repayment should be completed straight away- in full. So for example I purchased a new computer for the price of $998.00 - my goal should be to repay my credit card purchase of $998.00 straight away.

I must have looked horrified at the concept of handing over my credit cards because Audrey finally compromised with me to hand it over next month.

*Phew* I thought, at least i've been given time- and not go cold turkey as she initally suggested.

"So what about my bills?" I said " How do I pay them?"

"You just have to figure out where to find money then don't you?" Audrey replied with a hint of amusement in her eyes.

Alright. I trust these people. Let's get this started.