Consumer debt - Paralyzed into inaction

When I was taking flight lessons years ago to get my pilot’s license, one of the biggest things I struggled with was paralysis of decision making…when it mattered most.

For example, the instructor and I would practice what to do if the engine stopped turning. The first action item in this scenario is to determine where you are going to go and where you are going to land because with no engine, you’re airplane is a really heavy glider.

In this situation, many budding pilots, can freeze up for a moment, unsure of what to do. In those few seconds however, precious time and altitude is lost without having made any decisions.

Believe it or not, the exact same reaction occurs when faced with mounting debts, bill collectors and repossession threats. It can all seem so oppressive, that we become temporarily paralyzed, unable to make a decision.

As a result, precious time is lost and every day that goes by without any action being taken is costing us more money and drawing the ever impeding threat even closer.

Take action. If you feel paralyzed and don’t know what to do, do something. Make a decision. Use your best judgment. Just don’t remain in that state of paralysis for very long because just like in the airplane, soon or later, you WILL hit the ground. Do so on YOUR terms though, and you will glide to a safe landing.