I want to know… how do you feel when you think of debt? So many women I speak to often cringe at the thought of having debt. Leaving them tossing and turning at night. Denying their desires. It can even cause them to waste MORE time and money.

Debt does not need to be a “bad” four letter word. In fact, it can be used as a powerful tool.

In the financial world “investing” is considered an asset and is called leveraging. If you research it, you’ll find that almost every start up, uber successful, entrepreneur has used it, “debt”, at some point.

I want you to think about this for a moment… Think about when you buy a house, you usually put a down payment on it. Normally the bank owns some portion of your house and you pay the bank mortgage. Is this bad? Of course not! It can be a great investment! On the other hand, if you make your mortgage too high and try to buy too much house for what you can afford , it can quickly turn into a nightmare. Houses like businesses need maintenance and cost money that you need to plan for. So you see, it can go either way.

Debt is also known as leverage, also known as borrowing other people’s money.

Whether that be your own savings, credit cards or venture-capital which although it seems like the best alternative usually isn’t because you have to give away so much of your company to get it.

So Debt can be a positive thing and it can be used to help you bring your dreams to life (whether that is buying a home, starting a business, or going on a dream vacation). And definitely your dream is a positive thing.

What I want most to talk to you about today is that debt is a tool and needs to be used as such. Carefully.

Just like you wouldn’t use a sledgehammer to nail a picture up on your wall, you want to make sure that every bit of debt you take on is purposeful and useful to your stage of business and actually promotes your dream rather than causing you so much stress you can’t even focus on manifesting your dream.

We have talked many times about how choosing what you want to do with your own time is so powerful. There are so many correlations between time and money and this is definitely one of them.

Today, I invite you to explore how you can use debt as a tool

…and look at your current debt as a tool (rather than a burden). Start with today. In another blog, I will give you a system to get out of debt that you no longer want to hold. In the meantime, choose wisely. Again, start with today and very mindfully choose And start to think about what do you really want to spend your precious money on? on today. One day and one penny at a time.

This will be your new foundation. When you realize that you are actually in control of your money, life will shift for you.

Sending you loads of light and love.

Hugs,
Karen