Out of Debt by being Trustworthy

Two people shaking hands
First Trustworthy

How can being trustworthy help you get out of debt?

If you are trustworthy you will be more valuable to your employer and keep your job!

You will keep the respect of people that you may owe money to. You will do what you say you will do.

Therefore you will not commit to anything that you know you will not be able to do.

For example if you are trustworthy you will not accept a credit card knowing that you do not have the means to pay it back. You will not sign on a loan knowing that you do not make the money to make the payments.

You will not need to ask for debt assistance because you will have the foresight to be a person of your word and if there is even the slightest chance of you not paying back a loan you will not ask for it.

Trustworthiness can also help you to get rid of debt. If you know that you have made a commitment to someone or some company you will do everything in your power to honor that commitment.

That may mean using the Pay down method to pay off debts form the past you will do it.

If that means having to go without something for a while so you can hold up your end of a commitment you will do it.

It means you wonÂ’t file for bankruptcy because you will honor your obligations.

And even if you have not been trustworthy in the past, change! Begin now. Commit to be trustworthy in every aspect of your life, specifically financial from this day forward.

Once again getting out of debt is a mindset and you can do it if you live the Scout Law.

"A man in debt is so far a slave,"
Ralph Waldo Emerson.

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